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Sorry, I see you've taken that into account. Thanks for all your help. Chris
Thanks much Bruce,
I may have noticed something in your formula:
The Spread (BBBOT - EMA13 uses 0.2, 20 for the BB). However the Spread is the source of a 'second' BB which uses the different parameters 0.55 and 21.
It is within the bottom to the center line of this second BB that we are looking to find the EMA13, and if present, it should be lower today than 3 bars ago.
I'm seeing pretty consistent 0.2 bandwidth parameters?
Thanks Bruce, I understand now, had overlooked the +- on the Bollinger formula.
Have another formula you might help me with:
I would like to stipulate in one PCF formula:
- Exponential Bollinger Bands (0.55, 21) are sourced from the spread BBBOT(0.2, 20) - XAVGC13
- There is an XAVGC13 below the center line and above the lower band of the exponential BB(0.55, 21)
- This XAVGC13 is lower today than it was 3 bars ago
Many thanks for your help, Bruce.
I've been looking at thos two formulas and can see that the Keltner Upper and Lower channels are specified by the +/- xxx ATRs.
What I don't see offhand is a differentiation of the BBTOP and BBBOT.
In condition #1 need the BBTOP to be below the KB Top, and in #2 the BBBOT to be above the KBBottom.
Is there a way to write the PCF using BBTOP(2,20), BBBOT(2,20), KCTOP(1.3,16) and KCBOTTOM(1.3,16)?
Thanks for your insight. Kind regards,
Thanks a lot Bruce, appreciate your help.
Any way I can tie these two together into one PCF? Using AND?
Thanks much Bruce - it was a long time ago. Thanks for simplifying these PCFs.
Thanks very much Bruce - I appreciate your help.