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gecko28
Posted : Monday, January 7, 2013 12:55:48 PM
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Joined: 3/10/2005
Posts: 10

Can anyone give me the writing of a PCF for the directional movement indicators DI+10 & DI-10 plus a stochastic indicator 10.3.3 of the directional movement indicator itself. I would like to be able to run a scan to show when that stochastics turns up or down on the DI indicator itself. Help would be greatly appreciated. Thanks

Bruce_L
Posted : Monday, January 7, 2013 1:08:34 PM


Worden Trainer

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

Unfortunately, no. Any formula for this would be way too long and slow to be practical or post in the forums.



-Bruce
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delbert71
Posted : Monday, January 14, 2013 1:22:13 PM
Registered User
Joined: 3/31/2009
Posts: 3

can you assist with giving me a pcf for pocket pivots please? Thanks.

Bruce_L
Posted : Monday, January 14, 2013 1:40:56 PM


Worden Trainer

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

A Condition Formula for a Pocket Pivot could be written as:

C > C1 AND V > ABS(C1 < C2) * V1 AND V > ABS(C2 < C3) * V2 AND V > ABS(C3 < C4) * V3 AND V > ABS(C4 < C5) * V4 AND V > ABS(C5 < C6) * V5 AND V > ABS(C6 < C7) * V6 AND V > ABS(C7 < C8) * V7 AND V > ABS(C8 < C9) * V8 AND V > ABS(C9 < C10) * V9 AND V > ABS(C10 < C11) * V10



-Bruce
Personal Criteria Formulas
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delbert71
Posted : Thursday, January 31, 2013 8:45:16 AM
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Joined: 3/31/2009
Posts: 3

Can you assist with a pcf for "Railroads in the country"?  Thanks

Bruce_L
Posted : Thursday, January 31, 2013 8:54:55 AM


Worden Trainer

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

I am not a candlestick guy. I have never heard of the "Railroads in the Country" candlestick pattern and was unable to find any information about it on the internet. If you provide a specific unambiguous objective definition of the pattern, we may be able to help you create a Condition Formula or EasyScan to identify it using TC2000.



-Bruce
Personal Criteria Formulas
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delbert71
Posted : Thursday, January 31, 2013 2:51:25 PM
Registered User
Joined: 3/31/2009
Posts: 3

I see. If you look at AAPL and AMZN chart dated 25/1 - 28/1 thats a representation of one.

To define;

  • The first bar is comparatively long, reaches new highs, and opens near the low while closing near the high for the day.
  • The second bar is roughly the same length, opens near the high and closes near the low for the day.
  • The two together resemble railroad tracks due to their long length (compared with other bars on the chart) and similar length to each other.
  • Because the tracks both stick out in their entirety above all the other bars in the charts (here they form multi-month highs) and the with no other "traffic" around, they are described as being in the country".

And the opposite for the low for APPL.

Thanks

Bruce_L
Posted : Thursday, January 31, 2013 3:29:31 PM


Worden Trainer

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

The following defines new high or new low as having a high above or a low below the ten bars prior to the start of the pattern, "comparatively long" as being at least 1.5 times the average size of the ten bars prior to the start of the pattern and near the high or near the low being within 25% of the entire range of the candle of the high or low.

So our AMZN Condition Formula would be:

H1 > MAXH10.2 AND H - L >= 1.5 * (AVGH10.2 - AVGL10.2) AND H1 - L1 >= 1.5 * (AVGH10.2 - AVGL10.2) AND H1 - C1 <= .25 * (H1 - L1) AND O1 - L1 <= .25 * (H1 - L1) AND H - O <= .25 * (H - L) AND C - L <= .25 * (H - L)

And our APPL Condition Formula would be:

L1 < MINL10.2 AND H - L >= 1.5 * (AVGH10.2 - AVGL10.2) AND H1 - L1 >= 1.5 * (AVGH10.2 - AVGL10.2) AND H1 - O1 <= .25 * (H1 - L1) AND C1 - L1 <= .25 * (H1 - L1) AND H - C <= .25 * (H - L) AND O - L <= .25 * (H - L)

Changing the objective definitions would change the formulas.



-Bruce
Personal Criteria Formulas
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