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Narrow Range Bars

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wayneuk69

Posted : Sunday, October 16, 2011 11:58:23 AM

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Joined: 7/11/2010
Posts: 12

Anyone know how to formulate a PCF so that TC finds Narrow Range Bars? Eg say yesterdays price went from $10 to $20 and todays price went from $21 to $22 or from $9 to $5 or from $15 to $18 for example, so basically todays range is less than yesterdays but it doesnt matter where todays bar is in relation to yesterdays - just that the actual range is less, anyone got any ideas?

diceman

Posted : Sunday, October 16, 2011 12:02:14 PM

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Joined: 1/28/2005
Posts: 6,049

Try:

H-L<H1-L1

Thanks
diceman

wayneuk69

Posted : Sunday, October 16, 2011 12:05:48 PM

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Joined: 7/11/2010
Posts: 12

Thanks!

wayneuk69

Posted : Sunday, October 16, 2011 12:06:54 PM

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Joined: 7/11/2010
Posts: 12

Would you know how to write a PCF to find the narrowest range bar over the last 7 days?

diceman

Posted : Sunday, October 16, 2011 1:42:54 PM

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Joined: 1/28/2005
Posts: 6,049

Try:

H-L<H1-L1ANDH-L<H2-L2ANDH-L<H3-L3ANDH-L<H4-L4ANDH-L<H5-L5ANDH-L<H6-L6

Thanks
diceman

wayneuk69

Posted : Monday, October 17, 2011 2:31:05 PM

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Joined: 7/11/2010
Posts: 12

Brilliant, thanks!

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