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traderlady
Posted : Sunday, October 27, 2013 12:23:01 PM
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Joined: 10/7/2004
Posts: 1,178

We have PCF for Price Percent Change 5-Year which is useful for stocks. 

But, how about Price Percent Changes for four-year, three-year, and two-year?  These would be most helpful when accessing ETFs. 

cpratsch
Posted : Sunday, October 27, 2013 2:38:37 PM
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Joined: 10/7/2004
Posts: 23

What, please, is a PCF to find stocks whose candles have long "tails" ("wicks") above or below the candle body? I use O-L for low candles and H-C for an upper candle, Is this correct? I do not get good results here but mainly  because tails are not well developed in v12. Chris Pratsch

Bruce_L
Posted : Monday, October 28, 2013 10:06:28 AM


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Joined: 10/7/2004
Posts: 65,138

If you use a Weekly Time Frame for the Indicator Formula, a 2-year price percent change could be written as:

100 * (C / C104 - 1)

A 3-year price percent change could be written as:

100 * (C / C156 - 1)

And a 4-year price percent change could be written as:

100 * (C / C208 - 1)

An Indicator Formula for the length of the upper wick can be written as:

H - (O + C + ABS(O - C)) / 2

An Indicator Formula for the length of the lower wick can be written as:

(O + C - ABS(O - C)) / 2 - L

I do not know how you might want to determine if these wicks are "long" or not. An Indicator Formula for the upper wick as a percentage of the entire candle could be written as:

100 * (H - (O + C + ABS(O - C)) / 2) / (H - L + .00001)

An Indicator Formula for the lower wick as a percentage of the entire candle could be written as:

100 * ((O + C - ABS(O - C)) / 2 - L) / (H - L + .00001)



-Bruce
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cpratsch
Posted : Monday, October 28, 2013 12:42:15 PM
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Joined: 10/7/2004
Posts: 23

Thanks, Bruce Chris Pratsch

Bruce_L
Posted : Monday, October 28, 2013 12:45:48 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
Personal Criteria Formulas
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