Bruce - thank you very much.

Can someone please help me to develop a PCF to find the condition when:

High of today is greater than 50% above the average range of the previous 5 candlesticks

I developed this one but it doesn't work at all:   H>0.51*(ABS((H5-L5)+(H4-L4)+(H3-L3)+(H2-L2)+(H1-L1))/5)

All help will be greatly appreciated.

Thak you very much - I greatly appreciate your post

The settings for the Keltner Channels are 20, 1.5 - I apologize for the error.

This is how Quote Tracker does it - http://www.stockrants.com/forum/technical-stuff/1281-ttm-squeeze-quotetracker.html

I have searched the files for the formula for the TTM Squeeze (Bollinger Bands 20,2.0 with Keltner Bands 1.5,1.0).  The thread is very hard to follow with the trials and errors of different formulas.

Here is the link that I researched - http://forums.worden.com/default.aspx?g=posts&t=13781

Is there a final result?  I am interested in both the upper BB moving above and outside the upper Keltners and the lower BB moving below and outside the lower Keltners.

This video is what I am trying to achieve with TC2000 - http://www.simpleroptions.com/products/TTM-Squeeze-Indicator.cfm

Thank you and best regards,

Lakota

PS - I have tried to build the formulas myself and nopw realize that I don't have a clue to how to make it work

Bruce,

Thank you very much - this formula is the one that mneets my needs - C < O AND .35 * L1 + .65 * H1 <= L AND H <= H1 AND C1 > O1 AND H1 - L1 > H2 - L2 AND H1 - L1 > H3- L3 AND H1 - L1 > H4- L4 AND H1 - L1 > H5- L5 AND H1 - L1 > H6- L6 AND H1 - L1 > H7- L7 AND H1 - L1 > H8- L8 AND H1 - L1 > H9- L9 AND H1 - L1 > H10- L10 AND H1 - L1 > H11 - L11

I apologize for not being more clear - now, I see why I had so many problems in devising a workable formula by myself.

I greatly appreciate your assistance and quick reply - frankly, I am blown away with the efficiency - much obliged ... and

Best regards,

Lakota

Correction to line 2

Bar 2 must be a red bar. This bar must have a range within the top 65% of Bar 1, - bar 2 must NOT trade above the high of Bar 1.

Please help me determine the following

Bar 1 must be a bullish green bar - one whose range is greater than the previous 10 bars.

Bar 2 must be a red bar. This bar must have a range within the top 65% of Bar 1, - bar 2 must trade above the high of Bar 1.