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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Personal Criteria Formula

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ianlin
Posted : Sunday, December 4, 2005 7:24:08 AM
Registered User
Joined: 7/24/2005
Posts: 7
 Hi

I created a PCF

((C-O)/(H-L))*100

to find the strength of the open & close versus the high and low (part of a number of PCF to look for a strong bullish day).

When I test the formula it works correctly but uses the data from the previous day ! I am using price data after the close on Friday but the scan is using data from Thursday.

Any ideas why this is happening ?

Thanks

Ian
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ianlin
Posted : Sunday, December 4, 2005 7:34:57 AM
Registered User
Joined: 7/24/2005
Posts: 7
 Ha ! I found the answer.

I was using

C / O * 100

as my first scan to find stock with closing greater than opening. I forgot the ( )

(C / O) * 100

Ian
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Craig_S
Posted : Sunday, December 4, 2005 9:04:14 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 You might find these interesting:

How to create a Personal Criteria Forumula (PCF)

Constructing more versatile and reusable Personal Criteria Formulas

PCFs and EasyScans for Candlestick Patterns
- Craig
Here to Help!
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