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

Request for Modification Range Leader Indicator Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
raider45
Posted : Tuesday, October 9, 2018 9:24:17 AM
Registered User
Joined: 9/30/2011
Posts: 788
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
raider45
Posted : Tuesday, October 9, 2018 9:54:17 AM
Registered User
Joined: 9/30/2011
Posts: 788

I was wrong, I meant the change in the Range Surge Indicator !

Bruce_L
Posted : Tuesday, October 9, 2018 10:58:25 AM


Worden Trainer

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

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
raider45
Posted : Tuesday, October 9, 2018 11:18:13 AM
Registered User
Joined: 9/30/2011
Posts: 788

So, wanting to restrict to anticipate the signal would be enough to change the period 21 - 13 - 8 ?

Bruce_L
Posted : Tuesday, October 9, 2018 11:31:45 AM


Worden Trainer

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

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
raider45
Posted : Tuesday, October 9, 2018 11:37:17 AM
Registered User
Joined: 9/30/2011
Posts: 788
Very well !
I installed the formula but only returns numbers, I would like the correction by replacing the numbers with the signal.
Bruce_L
Posted : Tuesday, October 9, 2018 11:43:54 AM


Worden Trainer

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

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
raider45
Posted : Tuesday, October 9, 2018 12:01:00 PM
Registered User
Joined: 9/30/2011
Posts: 788
Congratulations, thank you !
 
Best regards !
Bruce_L
Posted : Tuesday, October 9, 2018 12:04:10 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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.