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Asking for two PCF's Rate this Topic:
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Idoc
Posted : Sunday, October 2, 2005 5:52:50 PM
Registered User
Joined: 7/10/2005
Posts: 13
Dear Craig S.,

I am wanting two PCF's. One that will give me 8 out of 10 down days with a doji at the bottom. Secondly, could you also give me the same with a gap up after the doji. Thank you,
Idoc
Craig_S
Posted : Sunday, October 2, 2005 7:33:46 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
Here are the PCFs you need:

Number Down Dats out of 10
((C<C1)+ (C1<C2)+ (C2<C3)+ (C3<C4)+ (C4<C5)+ (C5<C6)+ (C6<C7)+ (C7<C8)+ (C8<C9)+ (C9<C10))*(-1)

Close as % of Open 1day ago
C1/O1*100

Body as % of Candle 1day ago
ABS(C1-O1)/(H1-L1)*100

Range 1day ago as % of Average
(H1-L1)/(AVGH21.1-AVGL21.1)*100

Body as % of Candle
ABS(C-O)/(H-L)*100

Body Center as % of Candle
((ABS(C+O)/2)-L)/(H-L)*100


Here is how to limit your PCFs/criteria in an EasyScan (limit all using VALUE)

Doji Star and 8 or more down
Number Down Days out of 10 (8 to MAX)
Close as % of Open 1day ago (MIN to 99.99)
Body as % of Candle 1day ago (50 to MAX)
Range 1day ago as % of Average (100.01 to MAX)
Gappers (gap down - this is not a PCF it is already in your system)
Body as % of Candle (MIN to 20)
Body Center as % of Candle (40 to 60)

Check out these videos/topics if you need help with more candle PCFs or help with EasyScan or PCF creation

How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
PCFs and EasyScans for Candlestick Patterns

- Craig
Here to Help!
Idoc
Posted : Wednesday, October 5, 2005 9:25:37 PM
Registered User
Joined: 7/10/2005
Posts: 13
Dear Craig S.
Thank you for the fast response and the needed information. One question, as I plugged in the PCF's into my easy scan for "8 out of 10 down days with a doji at the bottom" I came to -Body as % of candle 1 day ago-and I was limiting my PCF criteria using "value" yet the scale did not read 50-max as you had indicated. Was that scale supposed to be "rank" instead?
Thank you in advance for your help!
Idoc
Craig_S
Posted : Wednesday, October 5, 2005 9:40:49 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
Nope. You will use value and you may not find exactly 50. Just try and get it as close as can.

- Craig
Here to Help!
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