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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Candlestick PCF - engulfing line (bullish)

Candlestick PCF - engulfing line (bullish)

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dfst24a

Posted : Saturday, September 4, 2010 12:38:45 PM

Registered User
Joined: 12/30/2004
Posts: 84

Good afternoon,

How would I create a PCF to scan for stocks that show an engulfing line (bullish)?

Thank you

Bruce_L

Posted : Tuesday, September 7, 2010 9:52:56 AM

Worden Trainer

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

I'm not a candlestick guy (at all), but the formula given in Boolean PCFs for Candlestick Patterns for a Bullish Engulfing Pattern is:

ABS(C1 - O1) > (H1 - L1) * .5 AND C1 < O1 AND C > O1 AND O < C1

How to create a Personal Criteria Forumula (PCF)
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
Using EasyScan to find stocks that meet your own criteria

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

dfst24a

Posted : Wednesday, September 8, 2010 9:55:12 PM

Registered User
Joined: 12/30/2004
Posts: 84

Thank you Bruce...very much appreciated!

Jim

Bruce_L

Posted : Thursday, September 9, 2010 8:59:39 AM

Worden Trainer

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

You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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