Registered User Joined: 12/9/2008 Posts: 30
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Hi Bruce, How would this be written ? A gap up after a doji in an oversold condition and selling for under $12. Also, A doji is followed by a gap up through the 8 day EMA. Thank You
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Assuming a "gap up" has the low of the current bar above the high of the previous bar the gap up after a true doji (where the open equal the close with wicks both above and below the bar) and price under 12 could be written as:
12 > C AND L > H1 AND H1 > O1 AND O1 = C1 AND C1 > L1
I would need your particular objective unambiguous definition of "in an oversold condition" to help you add the requirement to the Condition Formula.
Swapping out the selling for under $12 for the gap up happening through the 8-period exponential moving average would result in the following Condition Formula instead.
L > XAVGC8 AND XAVGC8.1 > H1 AND H1 > O1 AND O1 = C1 AND C1 > L1
Boolean PCFs for Candlestick Patterns
-Bruce Personal Criteria Formulas TC2000 Support Articles
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