Registered User Joined: 3/10/2012 Posts: 465
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Bruce here i m attaching 4 links for your viewing,
Visually i can do this anytime but I m trying to shorten my sort list...
So in the below link i m looking for Divergence pcf and then if it meets the criteria then Spike alert
1) https://www.dhirenshah.com/bullish-divergence-intraday/
Criteria as follows
* WRSI14 needs to Cross above 30 from Below at "X" point , then it needs to touch 50 level minimum as drawn A" point , then B" point crosses up again from below 30 but REMAINS ABOVE THE VALUE OF X" POINT, At the same time Price Chart at B" point is LOWER then the X" point
More emphasis is on WRSI where if there is no minimum 50 touch in between the two crossing spikes then negate that algo,
2) Next I attached same idea but this time there is no need for WRSI14 Divergence but there is a need for Two spikes crossing up 30 and to have a minimum 50 touch in between
https://www.dhirenshah.com/complex-and-impulse-wrsi-spike-bullish/
3) Now the Bearish Divergence Criteria and attached Link
https://www.dhirenshah.com/bearish-wrsi-divergence-with-price/
Criteria as Follows
* WRSI14 needs to Cross Below 70 from above at "X" point , then it needs to touch 50 level minimum as drawn A" Point , then B" point crosses down again from above 70 but remains BELOW the Value of X" Point , at the same time price chart at B" point is HIGHER then the X" Point
More emphasis is on WRSI where if there is no 50 touch in between the two crossing spikes then negate that algo,
4) Next I attached Same idea but this time there is No need for WRSI14 Divergence but there is a need for TWO Spikes Crossing down 70 and to have a minimum 50 touch in between
https://www.dhirenshah.com/complex-and-impulse-wrsi-dips-bearish-divergence/
Thanks a lot
Cheers
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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2 can be written as follows.
XUP(WRSI14, 30) AND SinceTrue(WRSI14.1 >= 50, 200) < SinceTrue(XUP(WRSI14.1, 30), 200)
And 4 can be written as follows.
XDOWN(WRSI14, 70) AND SinceTrue(WRSI14.1 <= 50, 200) < SinceTrue(XDOWN(WRSI14.1, 70), 200)
But I cannot think of a reasonable way to create 1 or 3. You can adjust the 200s in the formulas to allow for a different number of maximum bars between the crosses.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 3/10/2012 Posts: 465
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Okay Bruce thanks for them , that helps
Another question i m trying to value using below idea but having formula issue can u please help
How to calculate the Projected Lows for the Day
Use the current day's high on the daily chart. This high can change throughout the day therefore so too will the Projected Low for the Day. Make three separate calculations: Subtract the low Daily Price Movement Range number of that day from the market's current high. Subtract the average Daily Price Movement Range number of that day from the market's current high. Subtract the high Daily Price Movement Range number of that day from the market's current high.
How to calculate the Projected Highs for the Day
Use the current day's low on the daily chart. This low can change throughout the day therefore so too will the Projected High for the Day. Make three separate calculations: Add the low Daily Price Movement Range number of that day from the market's current low. Add the average Daily Price Movement Range number of that day from the market's current low. Add the high Daily Price Movement Range number of that day from the market's current low
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I have no ide what the "low", "average", and "high" "Daily Price Movement Range" numbers might be.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 3/10/2012 Posts: 465
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Ok I will come back to you on it next week, need to decode more info
have great weekend
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Have a great weekend.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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