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Registered User Joined: 9/30/2011 Posts: 788
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I would appreciate the transformation of the Range Leader in PCF Formula, together with the explanation of the operating parameters.
Thank you and goodbye.
Raider45
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Registered User Joined: 9/30/2011 Posts: 788
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I was wrong, I meant the change in the Range Surge Indicator !
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Is this what you mean by the range surge indicator?
100 * (H - L) / AVG(H - L, 21)
If it is, it just divides the range of the current bar by the 21 period simple moving average of range. The only real parameter would be the 21, which is the period of the moving average.
The change in this formula from the previous bar to the current bar can be written as follows.
100 * ((H - L) / AVG(H - L, 21) - (H1 - L1) / AVG(H1 - L1, 21))
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 9/30/2011 Posts: 788
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So, wanting to restrict to anticipate the signal would be enough to change the period 21 - 13 - 8 ?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I am not sure what, "wanting to restrict to anticipate the signal" means, but you can definitely change the 21 to 13 or 8 instead.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 9/30/2011 Posts: 788
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Very well !
I installed the formula but only returns numbers, I would like the correction by replacing the numbers with the signal.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Well what would be the signal? You haven't indicated what the signal might be. Greater than 100? If so, you could write it as either:
100 * (H - L) / AVG(H - L, 21) > 100
Or as:
H - L > AVG(H - L, 21)
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 9/30/2011 Posts: 788
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Congratulations, 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 Personal Criteria Formulas TC2000 Support Articles
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