Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User Joined: 12/10/2004 Posts: 10
|
ATTN: Peter Worden In your latest video you reviewed a series of PCFs used to scan for good buy/long stocks. I have found these scans very useful. However, in the examples you provided on the DVD I purchased, I noticed that in your PCFs you had MACD PCFs that were designed to identify good SELL/SHORT stocks. I am not aware of any information you have provided on these PCFs. Can you provide these PCFs so that I may include them in my PCFs?
|
|
Worden Trainer
Joined: 10/1/2004 Posts: 18,819
|
For the MACD PCFs switch all the < to > and visa versa. Do the same for the MoneyStream PCFs.
You can also flip the ranges selected in the Price vs Range conditions in the EasyScans.
- Craig Here to Help!
|
|
Registered User Joined: 12/10/2004 Posts: 10
|
Please provide examples of PCFs for "flip" Price vs Range
|
|
Worden Trainer
Joined: 10/1/2004 Posts: 4,308
|
Flipping the values means this:
If you have two PCF's in an EasyScan, and to find a bullish whatever, you accept high values for PCF#1 and low values for PCF#2, then to find a bearish whatever, you would accept low values for PCF#1 and high values for PCF#2. That's not always the correct approach, but that's what we mean when we say to flip the values.
- Doug Teaching Online!
|
|
Registered User Joined: 12/10/2004 Posts: 10
|
I am sorry I was not more specific in my previous request. I understand the meaning of your last response. However, when I blindly change the < for > etc I get a "false" respnnse from testing the PCF. What I need is the MACD PCFs Peter provided on his vidio converted to the negative (bearish) view. Can you provide this?
|
|
Worden Trainer
Joined: 10/1/2004 Posts: 4,308
|
False is a valid result. If you test one of the original PCF's, and you get a TRUE result, then flipping the < and > signs will most assuredly lead to a FALSE result for that same test symbol. Follow Craig's instructions above.
- Doug Teaching Online!
|
|
Worden Trainer
Joined: 10/1/2004 Posts: 18,819
|
When you test a PCF it tells you what is returned for that test symbol.
For a numerical PCF, it will give a value. For a Boolean PCF it will give either TRUE or FALSE. FALSE only means the test symbole was not TRUE for the PCF.
- Craig Here to Help!
|
|
Registered User Joined: 12/10/2004 Posts: 10
|
Doug, please take one of Peter's MACD Bullish examples and convert it as discussed by Craig. Then, send it to me so that I can use it as a model for the other PCFs. I would appreciate the help.
|
|
Worden Trainer
Joined: 10/1/2004 Posts: 18,819
|
Daily MACD Bullish (Last 5 bars) XAVGC4 - XAVGC13 > XAVG(XAVGC4,8) - XAVG(XAVGC13,8) AND (XAVGC4.1 - XAVGC13.1 < XAVG(XAVGC4.1,8) - XAVG(XAVGC13.1,8) OR XAVGC4.2 - XAVGC13.2 < XAVG(XAVGC4.2,8) - XAVG(XAVGC13.2,8) OR XAVGC4.3 - XAVGC13.3 < XAVG(XAVGC4.3,8) - XAVG(XAVGC13.3,8) OR XAVGC4.4 - XAVGC13.4 < XAVG(XAVGC4.4,8) - XAVG(XAVGC13.4,8) OR XAVGC4.5 - XAVGC13.5 < XAVG(XAVGC4.5,8) - XAVG(XAVGC13.5,8))
Becomes
Daily MACD Bearish (Last 5 bars) XAVGC4 - XAVGC13 < XAVG(XAVGC4,8) - XAVG(XAVGC13,8) AND (XAVGC4.1 - XAVGC13.1 > XAVG(XAVGC4.1,8) - XAVG(XAVGC13.1,8) OR XAVGC4.2 - XAVGC13.2 > XAVG(XAVGC4.2,8) - XAVG(XAVGC13.2,8) OR XAVGC4.3 - XAVGC13.3 > XAVG(XAVGC4.3,8) - XAVG(XAVGC13.3,8) OR XAVGC4.4 - XAVGC13.4 > XAVG(XAVGC4.4,8) - XAVG(XAVGC13.4,8) OR XAVGC4.5 - XAVGC13.5 > XAVG(XAVGC4.5,8) - XAVG(XAVGC13.5,8))
- Craig Here to Help!
|
|
Registered User Joined: 12/10/2004 Posts: 10
|
In the time we have taken to send messages back and forth you could have provided an example and I would have "gone away". How about it guys, care to respond to my request?
|
|
Worden Trainer
Joined: 10/1/2004 Posts: 18,819
|
Um.... Is the example I gave above not what you asked for (and provided in less than 3 minutes after your request)?
- Craig Here to Help!
|
|
Registered User Joined: 12/10/2004 Posts: 10
|
Yes Thanx for the help
|
|
Worden Trainer
Joined: 10/1/2004 Posts: 18,819
|
It is my pleasure.
- Craig Here to Help!
|
|
Guest-1 |