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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » PCF for the Flipit Indicator

PCF for the Flipit Indicator Rate this Topic:
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fsimmons
Posted : Monday, February 8, 2016 11:16:17 PM
Gold Customer Gold Customer

Joined: 3/28/2013
Posts: 5

Hi Can you help me with the PCF for the flipit indicator?

Top=Sum(High, period)/period

Bottom=Sum(low,period)/period

Thanks
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Bruce_L
Posted : Tuesday, February 9, 2016 9:27:27 AM


Worden Trainer

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

Well the Indicator Formula to use for the Top and Bottom would depend on the period. For example if the period is 8 then the Top would be:

AVGH8

And if the period is 10 then the Bottom would be:

AVGL10

That said, you should just be able to add two Moving Average - Simple indicators to price on the chart. You will set the period of both moving averages to match and set the Average of setting of one of the indicator to High and the Average of setting of the other indicator to Low.

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


-Bruce
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