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Syntax for open and close on 4 hour chart Rate this Topic:
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thebirdoc
Posted : Wednesday, September 14, 2011 8:57:37 AM
Registered User
Joined: 6/23/2007
Posts: 95
What is the syntax in a 4 hour chart for the following:

C > O

When I use the above it seems to base its response on the close and open for the two bar day not just the last bar. I would like it to trigger if the last 4 hour bar has a C that is greater than the open regardless of what the previous 4 hour bas is.
Bruce_L
Posted : Wednesday, September 14, 2011 9:10:51 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
If the Time Frame of the Condition Formula is set to 4 hour, your syntax is correct. If your results seem to match what you would expect for a Daily Time Frame then I would suspect the Time Frame of the Condition Formula is set to Daily.

In TC2000 version 12, there is a drop down menu available when creating or editing a Condition Formula to adjust the Time Frame. All Personal Criteria Formulas in TeleChart 2007 are Daily.

-Bruce
Personal Criteria Formulas
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