donv98 
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Thursday, July 29, 2010 
Wednesday, February 22, 2017 11:48:40 AM 
335 [0.12% of all post / 0.14 posts per day] 

QUOTE (nuggets12)
I’m utilizing BOP, Balance of Power more frequently. I am trying to understand the applicability and functionality of this indicator. Specifically I notice that I am seeing different BOP indications being generated during different time periods. I might see a BOP greater than 30 on a given day utilizing the day filter however not see it for the two hour or four hour filter. Likewise I might see it for an hourly filter for a few days however not during that period of time utilizing the daily filter. Can someone point me to an article or other reference on the sensitivity and applicability of BOP during different time frames.
This article may help you:
http://www.traderplanet.com/articles/view/167551trackthedarkpoolswiththebalanceofpowerbopindicator/

Bruce,
Thank you very much!
Don

QUOTE (Bruce_L)
Please try the following for the simple ATR:
(AVGH13  AVGL13) / 2 + (ABS(H  C1) + ABS(C1  L) + ABS(H1  C2) + ABS(C2  L1) + ABS(H2  C3) + ABS(C3  L2) + ABS(H3  C4) + ABS(C4  L3) + ABS(H4  C5) + ABS(C5  L4) + ABS(H5  C6) + ABS(C6  L5) + ABS(H6  C7) + ABS(C7  L6) + ABS(H7  C8) + ABS(C8  L7) + ABS(H8  C9) + ABS(C9  L8) + ABS(H9  C10) + ABS(C10  L9) + ABS(H10  C11) + ABS(C11  L10) + ABS(H11  C12) + ABS(C12  L11) + ABS(H12  C13) + ABS(C13  L12)) / 26
Or the following for the stop:
C  2 * ((AVGH13  AVGL13) / 2 + (ABS(H  C1) + ABS(C1  L) + ABS(H1  C2) + ABS(C2  L1) + ABS(H2  C3) + ABS(C3  L2) + ABS(H3  C4) + ABS(C4  L3) + ABS(H4  C5) + ABS(C5  L4) + ABS(H5  C6) + ABS(C6  L5) + ABS(H6  C7) + ABS(C7  L6) + ABS(H7  C8) + ABS(C8  L7) + ABS(H8  C9) + ABS(C9  L8) + ABS(H9  C10) + ABS(C10  L9) + ABS(H10  C11) + ABS(C11  L10) + ABS(H11  C12) + ABS(C12  L11) + ABS(H12  C13) + ABS(C13  L12)) / 26)
Bruce,
I am trying to replicate the above pcf for 5 periods and keep getting a syntax error.
C  2 * ((AVGH5 – AVGL5) / 2 + (ABS(H  C1) + ABS(C1  L) + ABS(H1  C2) + ABS(C2  L1) + ABS(H2  C3) + ABS(C3  L2) + ABS(H3  C4) + ABS(C4  L3) + ABS(H4  C5) + ABS(C5  L4)) / 10)
Any help is much appreciated.
Don

QUOTE (Bruce_L)
If you have multiple conditions that all need to be met, one thing added in TC2000 v17 is the ability to use an EasyScan as a WatchList Column. This would combine all of the conditions together into a single WatchList Column instead of having each condition have its own WatchList Column.
Wow, Bruce, this is a big enhancement as I don't need individual watchlist columns for multiple conditions. I may want multiple columns to see which conditions are passing and which are not.
Thank you for pointing out this upgrade.
Don

Bruce,
It all seems to be working well.
Many thanks for all of your genius.
Don

Bruce,
Thank you for persisting on this.
It seems to be working very well.
I am very pleased.
Now, I don't know how to create a squeeze fired pcf for the above.
Thank you,
Don

Bruce,
Thank you for confirming.
I forgot about the zero error.
What I have works some of the time but for many symbols clearly in a squeeze the Sq On show no red dots.

Bruce,
My solution of adding a parenthesis above may be incorrect but it satisfies the software in not giving an error message. I don't understand the pcf to know how to correct the error.
Don

Bruce,
Thank you for all of your great work.
The software seems to want an additional parenthesis after the C10 in all the older formulas, so 3 parentheses after C10)))
SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2  10 * AVGC10 ^ 2) / 10) * 4 <= 3 * ((AVGH10  AVGL10) / 2 + (ABS(H  C1) + ABS(L  C1) + ABS(H1  C2) + ABS(L1  C2) + ABS(H2  C3) + ABS(L2  C3) + ABS(H3  C4) + ABS(L3  C4) + ABS(H4  C5) + ABS(L4  C5) + ABS(H5  C6) + ABS(L5  C6) + ABS(H6  C7) + ABS(L6  C7) + ABS(H7  C8) + ABS(L7  C8) + ABS(H8  C9) + ABS(L8  C9) + ABS(H9  C10) + ABS(L9  C10))) / 20
I'm still working on the dots for Sq ON and OFF.
The Sq On pcf gives me an error divide by 0 for this:
0 / ABS(SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2  10 * AVGC10 ^ 2) / 10) * 4 <= 3 * ((AVGH10  AVGL10) / 2 + (ABS(H  C1) + ABS(L  C1) + ABS(H1  C2) + ABS(L1  C2) + ABS(H2  C3) + ABS(L2  C3) + ABS(H3  C4) + ABS(L3  C4) + ABS(H4  C5) + ABS(L4  C5) + ABS(H5  C6) + ABS(L5  C6) + ABS(H6  C7) + ABS(L6  C7) + ABS(H7  C8) + ABS(L7  C8) + ABS(H8  C9) + ABS(L8  C9) + ABS(H9  C10) + ABS(L9  C10))) / 20)
The Sq Off doesn't give that error.
Don

Bruce,
Please write a pcf for a squeeze with these parameters
BB 10 periods, sd=0.8, and KC 10 periods, 0.6 multiplier
in old and new syntaxes.
comparable to this for the ttm squeeze: BB 20, 2.0 and KC 20, 1.5
200 * (SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 + C11 ^ 2 + C12 ^ 2 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2  20 * AVGC20 ^ 2) / 20) * 4 / 3 / ((AVGH20  AVGL20) / 2 + (ABS(H  C1) + ABS(L  C1) + ABS(H1  C2) + ABS(L1  C2) + ABS(H2  C3) + ABS(L2  C3) + ABS(H3  C4) + ABS(L3  C4) + ABS(H4  C5) + ABS(L4  C5) + ABS(H5  C6) + ABS(L5  C6) + ABS(H6  C7) + ABS(L6  C7) + ABS(H7  C8) + ABS(L7  C8) + ABS(H8  C9) + ABS(L8  C9) + ABS(H9  C10) + ABS(L9  C10) + ABS(H10  C11) + ABS(L10  C11) + ABS(H11  C12) + ABS(L11  C12) + ABS(H12  C13) + ABS(L12  C13) + ABS(H13  C14) + ABS(L13  C14) + ABS(H14  C15) + ABS(L14  C15) + ABS(H15  C16) + ABS(L15  C16) + ABS(H16  C17) + ABS(L16  C17) + ABS(H17  C18) + ABS(L17  C18) + ABS(H18  C19) + ABS(L18  C19) + ABS(H19  C20) + ABS(L19  C20)) / 40 + .000001) >= 1)
Thank you very much,
Don

