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jpag1
Posted : Saturday, May 30, 2015 4:35:00 PM
Gold Customer Gold Customer

Joined: 3/20/2006
Posts: 161

I understand how to create a scan condition for showing Chaikin MF crossing up through zero or Chaikin MF being above zero, but how do I show Chaikin MF being positive(over 0) for at least 5 days?

 

Thanks

 

Ed Page

Bruce_L
Posted : Monday, June 1, 2015 10:30:07 AM


Worden Trainer

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

One way would be to add 5-period Donchian Channels to the Chaikin Money Flow indicator. If you want to include the current bar set the Offset to 0. If you want to exclude the current bar set the Offset to 1.

How to add an indicator to a chart template
How to edit an Indicator

You can then click on the Donchian Channels and select Create Scan Condition to create a condition for Chan Bottom - Greater Than: 0.

Create Conditions from Your Chart (5:25)



-Bruce
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thomasjenkinsjr
Posted : Wednesday, August 12, 2015 8:06:32 AM
Registered User
Joined: 4/1/2011
Posts: 90

Bruce,

is it posible to do a signal line on CMF (3 period)? if so, how would you write a PCF for it?

 

Thanks in advance

Bruce_L
Posted : Wednesday, August 12, 2015 12:39:01 PM


Worden Trainer

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

What specifically are you trying to do. I'm assuming this signal line is a moving average? If so, what is its period (I'm assuming the period of the CMF is 3) and what sort of interaction are we checking for with the CMF?

((2 * C - L - H) / (H3 - L3 - (H = L)) * V + (2 * C1 - L1 - H1) / (H1 - L1 - (H1 - L1)) * V1 + (2 * C2 - L2 - H2) / (H2 - L2 - (H2 = L2)) * V2) / (AVGV3 * 3)



-Bruce
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