| SwingAndy |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Thursday, October 7, 2004 |
| Friday, June 30, 2017 9:02:39 PM |
8
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Perfect, exactly what I was looking for. Thanks for all your help
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Funny you mention that, I use both simple and exponentional MA's in my PCF to broaden my approach.
Can you just use either the 20 MA or 20 EMA and have a PCF signal when close/low approaches, just above or below the MA.
Anyways once again Thanks
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Thanks Very helpful. I understand you are limited in what adivce you are allowed to offer.
I guess what I'm trying to achieve, is to design a PCF that will signal a pullabck to the 20MA(EMA), when Close is above the MA. The way I have it structured will often times not give a signal beacuse I am relying on both the 15 and 25 MA as boundaries. This works fine when stock is trending higher, but misses when stock is coming off bottoms.
Sorry if I am rambling, but just trying my best to explain.
Anyway once again thanks for your help
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I have a rather sloppy version of a 20 period MA pullback. I'm trying to model Linda Raschke's Holy Grail Setup:
"The "Holy Grail" trade was originally described in my Street Smarts book. The setup occurs when the market's trend has been strong enough to cause a 14-period ADX to rise above 30. When the price then retraces back to the 20-period EMA, odds favor a retest of the most recently formed high or low"
My version of the pullback to 20 MA tries to be a bit more liberal: (I've omitted the ADX part of the PCF)
((C1 > AVGC20.1) AND (C < AVGC15 AND C > AVGC25)) OR ((C1 > XAVGC20.1) AND (C < XAVGC15 AND C > XAVGC25)) OR ((C1 > AVGC20.1) AND (C < AVGC15 AND C > AVGC25)) OR ((L1 > AVGL20.1) AND (L < AVGL15 AND L > AVGL25))
Could you please help, maybe tightening up my PCF. Any other suggestions you may have, of a PCF that may work more efficiently than mine, would be very appreciated.
Thank You
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Hi Craig
Sorry, I feel a bit like a fool, I checked back issues of S & C mag. You're totally right. Is there a time line when Blocks 3.0 will be available to public. I can't travel to seminars.
Thanks
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There seems to be a disturbing trend, that Telechart support for PCF's is giving way to Blocks. We still have a lot of die hard users of Telechart, don't forget us. In particular, of late no PCF's are included with the Stocks and Commodities Magazine Traders Tips.
Any explanation why ?
Thanks
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Thanks for your reply. I do use it in Blocks Player, but I was trying to incorporate the Dynamic Momentum Index into a Telechart EasyScan or PCF.
Thank You
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I realize Telechart does not have the Dynamic Momentum Index Indicator, but is there a way to program it. I checked available forums, but have so far not come up with the Pcf. My programming skills are lacking, i've tried to produce a suitable PCF, but to no avail, Any help would much appreciated
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