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dlhfeldman
 Posted : Wednesday, September 20, 2006 7:17:16 PM
Gold Customer

Joined: 4/4/2005
Posts: 2
How do I write the PCF to scan for patterns on a weekly chart ie if I already have a PCF written for a favorite pattern on a daily chart, how do I rewrite it to look for the same pattern on a weekly chart? Thanks.
diceman
 Posted : Wednesday, September 20, 2006 7:21:08 PM
Registered User
Joined: 1/28/2005
Posts: 6,049
C=C

C1=C5

C2=C10

A weekly 3 bar average equal:

(C+C5+C10)/3

Hope that helps
diceman

Bruce_L
 Posted : Wednesday, September 20, 2006 7:24:57 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138
It depends to a great extent on the Daily formula that needs to be converted to Weekly.

C converts to C
C1 converts to C5
H converts to MAXH5
H1 converts to MAXH5.5
L converts to MINL5
L1 converts to MINL5.5
O converts to O4
O1 converts to O9

Many functions and indicators need to be expanded manually be creating them from the values for daily components.

-Bruce
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emthree
 Posted : Monday, October 30, 2006 12:39:00 AM
Registered User
Joined: 10/7/2004
Posts: 30
Bruce,

the following is correct to find;

"This week's High is a new 4 week High"

Should be coded as;

(MAXH5 > MAXH15.5)

This assumes that all weeks are 5 days.
What happens when there are holiday shortened weeks ?

regards,
emthree.
Craig_S
 Posted : Monday, October 30, 2006 8:04:28 AM

Worden Trainer

Joined: 10/1/2004
Posts: 18,819
TeleChart does not use calendar weeks.

(MAXH5 > MAXH15.5)

Your PCF will return TRUE if the high of the most recent 5 days is the highest high for the past 20 days.

- Craig
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