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Registered User
Joined: 9/30/2011
Posts: 788
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The Low function highlights today's lowest quotation. I wonder if this function can be transformed into PCF Formula with a signal when the minimum is reached.
(This function L. generates the same quotation without any signal).
Thank you and goodbye.
Raider45
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The following daily condition formula only returns true when the current price is the low of the day.
C = L
-Bruce
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Registered User
Joined: 9/30/2011
Posts: 788
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The PCF Formula does not generate any signal !
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Administration
Joined: 9/30/2004
Posts: 9,187
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The latest price has to be exactly at the low of the day for the condition to pass.
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Registered User
Joined: 9/30/2011
Posts: 788
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Is it possible to generate an Up signal at the bottom of the day ?
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Registered User
Joined: 9/30/2011
Posts: 788
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The signal should be on the upside of the lowest quotation of today !
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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It is possible to create a condition formula for price being say within $0.01 of the low.
C <= L + .01
Or in the bottom 5% of the candle of the low.
STOC1 <= 5
Or exactly at the low (as already given above).
C = L
But there isn't a way to create a scan for price just coming off the low of the tradaing day.
-Bruce
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Registered User
Joined: 9/30/2011
Posts: 788
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C <= L + .01
Error Formula
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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If you want it without a decimal marker:
C <= L + 1 / 100
-Bruce
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Registered User
Joined: 9/30/2011
Posts: 788
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From the minimum, the signal should occur: => 1% and = <2%
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Then you would specify both comparisons in a Condition Formula. If you actually mean 1% to 2% from the price of the low.
101 * L <= 100 * C AND 100 * C <= 102 * L
If you mean 1% to 2% of today's range from the low.
1 <= STOC1 AND STOC1 <= 2
-Bruce
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Registered User
Joined: 9/30/2011
Posts: 788
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It works all the way regularly, thanks!
I ask for a Formula PCF with the following requirements: Report the Titles with the Quote = <of the Pivot Point.
Thank you in advance
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I have no idea what that means. Price being below the pivot point (PP) can be written as follows in a daily condition formula.
C < (H1 + L1 + C1) / 3
Piovt Points
-Bruce
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Registered User
Joined: 9/30/2011
Posts: 788
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Works regularly, thank you !
Best regards.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
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