Registered User
Joined: 8/24/2007
Posts: 5
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Hi all,
I am still very new to Telechart and have a couple of questions.
I found the site, TradeOn, which has a lot of PCF's and Easy scans etc.
I am having trouble applying a pcf though.
For example, if I want to use a PCF for a candle patter, such as a hangman , this is the formula that they say to use.
(AVGC5.1 > (1.1 * AVGC5.6)) AND (C < O) AND (O = H) AND (MAXH10 = H) AND (C - L) >= (2 * (O - C)) AND (AVGV10.1 > 250)
Once I create a PCF with that formula. I try and use it and it always says "Not Calculated", even though I updated Telechart prior to usin it.
Also, how would one use this PCF? Will it bring up all the stocks that closed with a hangman pattern? Or would i need to use a scan for that?
Thanks in advance. I know these are newbie questions, but it is late and I am at a loss.
Chris
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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After you create a PCF you must calculate it. You can then use it as a sort or scan condition.
Here is a short video to review on PCF basics: How to create a Personal Criteria Forumula (PCF)
- Craig
Here to Help!
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