• Download software • Tutorial videos
• Subscription & data-feed pricing • Class schedule


• New account application • Trading resources
• Margin rates • Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Basic PCF problems

Basic PCF problems Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
cgrey2
Posted : Sunday, August 31, 2008 5:04:09 PM
Registered User
Joined: 1/19/2008
Posts: 23
 This should be a simple thing to do, but I'm not getting the hang of it. I want to write a PCF for the prior day's high being the highest high of the past 60 days. Wouldn't that be:

H1 > MAXH60?

and to determine if any one of the past 5 trading day highs is the highest high of the past 60 days, would that be:

MAXH5 > MAXH60?

or is it

H > MAXH60 OR H1 > MAXH60 OR H2 > MAXH60 OR H3 > MAXH60 OR H4 > MAXH60 OR H5 > MAXH60

Thanks in advance.
Back to top
amberpax
Posted : Sunday, August 31, 2008 5:26:26 PM
Registered User
Joined: 12/30/2004
Posts: 369
 cqrey2

I think to determine if any one of the past 5 trading day highs is the highest high of the past 60 days, would  be:

MAXH5>MAXC60

-amberpax
Back to top
cgrey2
Posted : Sunday, August 31, 2008 5:35:00 PM
Registered User
Joined: 1/19/2008
Posts: 23

amberpax,

I think what you wrote would be to find the high within the past 5 days which is greater than the close of the past 60. I'm looking for the high of the past 5 days which is greater than the high of the past 60.
Back to top
amberpax
Posted : Sunday, August 31, 2008 5:39:16 PM
Registered User
Joined: 12/30/2004
Posts: 369
 cqrey2,

After thinking about it, I thought that I made a mistake, so I came back  to look at the post, and yes, you are correct.
-amberpax
Back to top
bustermu
Posted : Sunday, August 31, 2008 9:20:28 PM
Registered User
Joined: 1/1/2005
Posts: 2,645

A number cannot be strictly greater than the maximum of a set of numbers of which it is a member, e.g., the PCFs:

H1 > MAXH60

and:

MAXH5 > MAXH60

and:

H > MAXH60 OR H1 > MAXH60 OR H2 > MAXH60 OR H3 > MAXH60 OR H4 > MAXH60 OR H5 > MAXH60

cannot return True.

Thanks,
Jim Murphy
Back to top
cgrey2
Posted : Monday, September 1, 2008 8:17:49 AM
Registered User
Joined: 1/19/2008
Posts: 23
 Thanks, Jim Murphy. That makes sense. I guess I'll try 

H1 = MAXH60

and see how that works.

cgrey2
Back to top
diceman
Posted : Monday, September 1, 2008 8:44:30 PM
Registered User
Joined: 1/28/2005
Posts: 6,049
cgrey2
 
I would use:
 
H1>MAXH60.2
 
(MAXH60.2) is the highest high over 60 bars 2 bars ago.
 
You didn't state the condition of today's high? If you want
H1 to be the highest you need to specify that today's high
is lower. Which would make the PCF:
 
H1>MAXH60.2ANDH<H1


Thanks
diceman
Back to top
bustermu
Posted : Monday, September 1, 2008 9:33:05 PM
Registered User
Joined: 1/1/2005
Posts: 2,645
QUOTE (cgrey2)
I want to write a PCF for the prior day's high being the highest high of the past 60 days. Wouldn't that be:

H1 > MAXH60


cgrey2,

A PCF for the prior day's high being the highest high of the most recent 60 days is:

H1 = MAXH60

A PCF for the prior day's high being the unique highest high of the most recent 60 days is:

H1 > H0 AND H1 > MAXH58.2

Thanks,
Jim Murphy
Back to top
cgrey2
Posted : Thursday, September 4, 2008 8:08:19 PM
Registered User
Joined: 1/19/2008
Posts: 23
 Jim Murphy and diceman, thanks for your helpful replies.

cgrey2
Back to top
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.