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elfman45
Posted : Monday, October 1, 2007 9:59:19 PM
Registered User
Joined: 12/3/2004
Posts: 8
Hi, I was just wondering if there was a pcf that exists to identify price double bottoms or tops within about 4 weeks? Can this even be done in TC or Blocks?
Thanks for all your help.....
elfman45
Bruce_L
Posted : Monday, October 1, 2007 10:18:04 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You may wish to review the following:

Scanning for Stocks Printing a Double or Triple Bottom
Double top/bottom trend
Finding Double Tops and Double Bottoms

That said, I personally think there is not a practical way to this using EasyScans and TeleChart's Personal Criteria Formula Language. This is true of pattern recognition in general with the exception of candlestick patterns:

Boolean PCFs for Candlestick Patterns

The following topic has a Strategy Condition used a training class example for finding a Double Bottom in Blocks:

Craig and Julia's Notes from Tampa (August 2007)

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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