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Gold Customer
Joined: 4/4/2005 Posts: 2
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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.
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Registered User Joined: 1/28/2005 Posts: 6,049
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C=C
C1=C5
C2=C10
A weekly 3 bar average equal:
(C+C5+C10)/3
Hope that helps diceman
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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 Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 10/7/2004 Posts: 30
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Bruce,
Using the login described above, please let me know if 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.
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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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 Here to Help!
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