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dtweb
Posted : Tuesday, August 4, 2009 3:30:46 PM
Registered User
Joined: 8/4/2005
Posts: 24

I think this is simple but being new I don't know how to do it.  How would you create a rule that would show when a price has 3 consecutive CLOSING highs on a 5 minute chart but I only want to find the first 3 consecutive highs - I'm not looking for 3 consecutive closing highs if it's already been closing higher for 5 previous bars.  

1) What's important is that the close of each bar is higher - I'm not concerned about the high and low of the bar.

2) For example: in Telechart for a daily PCF I use the following:

 - C > C1 AND C1 > C2 AND C2 > C3 AND C3 < C4

Thanks,
Dan

 

Bruce_L
Posted : Tuesday, August 4, 2009 3:53:04 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You could do something very similar using the following RealCode Rule in StockFinder:

If Price.Last > Price.Last(1) AndAlso _
    Price.Last(1) > Price.Last(2) AndAlso _
    Price.Last(2) > Price.Last(3) AndAlso _
    Price.Last(3) <= Price.Last(4) Then Pass

-Bruce
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dtweb
Posted : Tuesday, August 4, 2009 4:08:16 PM
Registered User
Joined: 8/4/2005
Posts: 24

Thank you!!!!

Bruce_L
Posted : Tuesday, August 4, 2009 4:13:43 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You're welcome.

-Bruce
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