Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Retrace to 0.382 Fib

Retrace to 0.382 Fib Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
davidb11
Posted : Tuesday, May 16, 2017 6:46:08 AM
Registered User
Joined: 9/24/2009
Posts: 9

Good morning Bruce,

Can you please review this formula as it doesn't seem to calculating properly.  I'm simply looking for a price retracement to the .38 fib extension. 

 

Thank you.

 

MAXH80.20-MINL20 AND
0.382*(MAXH80.20-MINL20) AND
MINL20+0.382(MAXH80.20-MINL20) AND
ABS(C-(MINL20+0.382*(MAXH80.20-MINL20)))
 
Back to top
Bruce_L
Posted : Tuesday, May 16, 2017 9:21:31 AM


Worden Trainer

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

If you are going to AND the results, then each of the four sections of the formula should have some sort of comparison.

The formula as written is calculating four different numeric values, but not really doing anything with those values.

Is the current price supposed to be greater than, less than, or near one or more of those values? Do those values need to be greater than or less than each other? Do those values need to be greater than or less than some arbitrary value?


-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Back to top
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.