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Registered User
Joined: 1/15/2005
Posts: 60
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Hi,
How can I create a PCF based on Volume Colors Red and Green and its hight?
Thanks
Mike
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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A volume bar is red if the stock closed down from the previous day's close. The volume bar is green if the stock closed up from the previous day's closed. So, to base your PCF on volume bar colors, you would really be basing it on whether today's close was greater than or less than yesterday's close. That's easy, in PCF language.
Having said that, I'm not really sure what you want your PCF to find. Is it something like, find the last day with a green volume bar where volume was at least so many shares? If you could clarify, we'll do our best to help you.
- Doug
Teaching Online!
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Registered User
Joined: 10/7/2004
Posts: 799
Location: Duluth, GA
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Here are a couple of "shot in the dark" examples:
1) PCF to find all stocks with a green bar today that is taller than the bar yesterday:
C > C1 and V > V1
2) PCF to find all stocks with red bars today and yesterday, and with a height today that is greater than the 40-day moving average of height:
C < C1 and C1 < C2 and V > AvgV40
I hope this helps.
Jim Dean
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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mshahbazi, you do not need a PCF at all for this. The conditions you need are already in the system and offer more flexibility.
Price Percent Change Today
Set this to positive or negative numbers to determine the color of the volume bar.
Volume Surge Today
Returns the percentage of today's volume relative to the stock's average volume. For example, if you set it to values of 150 or above, today's volume will be at least 150% of the average volume.
- Craig
Here to Help!
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Registered User
Joined: 10/7/2004
Posts: 35
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I was intriged with formula. Please explain what it is to accomplish.
Money98
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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He is looking for a "green" volume bar (stock closed up today) that is tall vs. the other volume bars. There is no need to use a formula to find this. Take a peek at my reply above to find this.
- Craig
Here to Help!
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