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 Posted : Monday, July 23, 2018 10:27:48 PM
Registered User
Joined: 10/19/2016
Posts: 8

Hi Bruce,

Bullish Pinbar:
1) the open and close happens only in the top 1/3 of the candle range.
2) does matter if close above/below open, as long as body resides in top 1/3 of range.
3) without using ABS()

Bullish Icecream Bar:
1) the body is at least 50% of range
2) close must be in top 1/3 of range
3) without using ABS ()

 Posted : Monday, July 23, 2018 10:39:57 PM
Registered User
Joined: 10/19/2016
Posts: 8

Hi Bruce,

If the use of ABS() is a must, then lets go ahead with that option.

i tried editing the hangman PCF >>

ABS(C >= O) * O + ABS(C < O) * C - L >= 2 * ABS(C - O) AND (C + O) / 2 - L > 2 * (H - (C + O) / 2) AND ABS(C - O) > .01

But i could not figure out how to have the body reside in top 1/3 of range.

Bruce_L
 Posted : Tuesday, July 24, 2018 10:05:54 AM

Worden Trainer

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

The open and close being in the top third of the candle can be written as follows without using the ABS() function.

`3 * O >= 2 * H + L AND 3 * C >= 2 * H + L AND H > L`

The body being at least 50% of the range with the close in the top third of the candle can be written as follows without using the ABS() function.

`2 * (C - O) >= H - L AND 3 * C >= 2 * H + L AND H > L`

-Bruce
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 Posted : Tuesday, July 24, 2018 10:30:02 AM
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Joined: 10/19/2016
Posts: 8

Thank you Bruce! You are awesome! :)

 Posted : Tuesday, July 24, 2018 4:21:08 PM
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Joined: 10/19/2016
Posts: 8

Sorry Bruce, would you kindly also provide the bearish version for both the pinbar and the icecream?

Bruce_L
 Posted : Tuesday, July 24, 2018 4:28:17 PM

Worden Trainer

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

The open and close being in the bottom third of the candle can be written as follows without using the ABS() function.

`3 * O <= H + 2 * L AND 3 * C <= H + 2 * L AND H > L`

The body being at least 50% of the range with the close in the bottom third of the candle can be written as follows without using the ABS() function.

`2 * (O - C) >= H - L AND 3 * C <= H + 2 * L AND H > L`

-Bruce
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TC2000 Support Articles
 Posted : Wednesday, July 25, 2018 2:06:26 AM
Registered User
Joined: 10/19/2016
Posts: 8

thank you.

i create a pcf to scan for candlestick whose:
1) body is at least 67% of range
2) close in the top 1/3 of range

came up with this:
(C-O)>=.67*(H-L)

seems to work fine, but do you see a better pcf variation?

Bruce_L
 Posted : Wednesday, July 25, 2018 8:45:37 AM

Worden Trainer

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

You don't need the parentheses on the C - O portion, but otherwise, it seems like it is as short as it is going to get. I would add the H > L portion to make sure the candle actually has range.

`C - O >= .67 * (H - L) AND H > L`

If you wanted the body to be two thirds of the candle instead of rounding to 67%, you could do that as well.

`3 * (C - O) >= 2 * (H - L) AND H > L`

-Bruce
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