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airsakuragi
Posted : Thursday, September 6, 2018 3:09:24 PM
Registered User
Joined: 4/26/2018
Posts: 84

hi bruce how do i write this in pCF

1. hitting new high or new low

2. 5 or 10 consecutive candle of the same color and on last color is opposite color with a wick at the bottom. ( hammer or hangin man for exmaple for downtrend)

3. RSI is below 10 or 90 above 

4. price is between 1 to 100

 

thanks

 

Bruce_L
Posted : Thursday, September 6, 2018 3:42:40 PM


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

Based on a literal interpretation of the requirements, I would write this as follows.

1 <= C AND C <= 100 AND SGN(O - C) = SGN(C1 - O1) AND O1 <> C1 AND TrueInRow(SGN(O1 - C1) = SGN(O2 - C2), 4) = 4 AND ABS(WRSI14 - 50) > 40 AND ((H = MAXH6 AND 2 * GREATEST(O, C) <= H + L) OR (L = MINL6) AND 2 * LEAST(O, C) >= H + L)

But it seems like it might be relatively rare as it doesn't actually currently return true for anything in a daily time frame.



-Bruce
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airsakuragi
Posted : Thursday, September 6, 2018 3:44:35 PM
Registered User
Joined: 4/26/2018
Posts: 84

bruce,

what do you mean by that??

i would like to use it on a 5 min candle.

 

thanks

Bruce_L
Posted : Thursday, September 6, 2018 3:46:29 PM


Worden Trainer

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

I just mean that it is an incredibly restrictive scan. It doesn't currently return true for anything on a 5-minute time frame etiher.

I would seriously consider eliminating or relaxing some of the requirements.



-Bruce
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airsakuragi
Posted : Thursday, September 6, 2018 3:52:58 PM
Registered User
Joined: 4/26/2018
Posts: 84

oh ok,

thanks

Bruce_L
Posted : Thursday, September 6, 2018 3:56:11 PM


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

You're welcome.



-Bruce
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