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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » New High New Low realcode in StockFinder

New High New Low realcode in StockFinder

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jabrae

Posted : Wednesday, September 22, 2010 1:49:47 PM

Registered User
Joined: 12/26/2006
Posts: 109

Telechart has a system function New Highs or New Lows. What is the period measured? To make the the answer easier what is the StockFinder realcode for these functions?
James

Bruce_L

Posted : Wednesday, September 22, 2010 2:41:45 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

The example Personal Criteria Formula for New High in TeleChart is:

H >= MAXH250

This could be converted into a RealCode Condition as:

If Price.High >= Price.MaxHigh(250) Then Pass

The example Personal Criteria Formula for New Low in TeleChart is:

L <= MINL250

This could be converted into a RealCode Condition as:

If Price.Low <= Price.MinLow(250) Then Pass

You could actually leave the > out of the New High and the < out the New Low for both the TeleChart PCF and StockFinder Condition and get the same results.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

jabrae

Posted : Wednesday, September 22, 2010 7:17:31 PM

Registered User
Joined: 12/26/2006
Posts: 109

Thanks Bruce
It looks so simple when you explain it!
James

Bruce_L

Posted : Thursday, September 23, 2010 8:05:26 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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