Registered User
Joined: 10/7/2004
Posts: 18
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What is the purpose of the following PCF?
(C>MAXH2.11) AND (V>2*V10.10)
I understand the first element (C), but puzzled by the second (V). That is, what is V>2*V10.10?
Thank you
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The second part doesn't really make sense.
V > 2 * V10
Would be volume is greater than two times the volume of 10 bas ago. Volume does not have a second parameter however, so the .10 at the end doesn't mean anything.
Price and Volume
-Bruce
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Registered User
Joined: 6/1/2012
Posts: 8
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Using PCFs I can write Max(Xavg34,20) to get the maximum value for an exponential moving average of 34 period over the last 20 days. How do I do the same with a Hull moving averag?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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While it would be theoretically possible to use the technique given in the Min Max PCFs topic to create such a formula, it would be too long and slow to be practical or post in the forums.
You would first need to create 20 formulas for the current and previous 19 values of the 34 Hull moving Average to substitute into the appropriate template. You would then need to actually make those substitutions in the template.
-Bruce
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