Registered User
Joined: 11/14/2011
Posts: 2
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Hi,
I am trying to setup overbought indicator but it does not work:
H>((3.05*MAXH15.7)-MINL7.3)/2 AND H>H1 AND STOC50.3>50 AND TSV3
Could you give me some ideas!
pd. oversold indicator works good
L <((2.95 * MINL15.7)-MAXH7.3) / 2 AND STOC50.3 <10 AND L
Thanks in advance
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I am not quite sure why these are written as currently structured, but getting rid of the TSV3 at the end and changing the 50 to a 90 would be closest to being a mirror of the oversold version.
H > (3.05 * MAXH15.7 - MINL7.3) / 2 AND H > H1 AND STOC50.3 > 90
-Bruce
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Registered User
Joined: 11/14/2011
Posts: 2
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I proved your suggestion but I recive the same... just a horizontal line at the bottom
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You might want to try switching symbols as it currently returns true for 15 symbols in the US Common Stocks WatchList in a daily time frame jdespite current market conditions. There are lots of symbols where you will see spikes on past charts where it returned true when used as a Custom PCF Indicator in a daily time frame.
-Bruce
Personal Criteria Formulas
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