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Price/Volume Crescendo Formula Rate this Topic:
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neilkhess
Posted : Tuesday, January 1, 2019 9:44:00 AM
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Joined: 8/2/2014
Posts: 12

I'm just starting to learn formulas and I could use some help.  How would I create a formula where the price was increasing each day over a three day period AND the volume was above average and increasing each day?  So like a price and volume cresendo.

Also: is there a tutorial program or webpage to help me understand formulas better?  I'm sure I could do it once I had a tutorial. 

Thanks!  And Good fortune to all in 2019!

bcochrane
Posted : Tuesday, January 1, 2019 11:55:20 AM
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Joined: 9/17/2010
Posts: 484

Webpage with PCF introduction material

http://help.tc2000.com/m/69445

You can also Search these forums to see if a solution has already been identified

A simple PCF for price increasing over three days would be:

C>C1 and C1> C2 and C2 > C3

Similarly for Volume increasing over 3 days

V >V1 and V1 >V2 and V2 > V3

and I'd cheat a bit for above average volume

V3> AvgV20

I use 20 as the period over which to average volume. Default for TC2000 seems to be 50, pick your poison.

There are more elegant ways to write these, I thought the simplest might be most appropriate for you

 

neilkhess
Posted : Wednesday, January 2, 2019 12:15:29 AM
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Joined: 8/2/2014
Posts: 12

Perfect!  Thank you!

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