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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » inside bar

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LCRX
Posted : Friday, July 29, 2011 12:36:20 AM
Registered User
Joined: 6/23/2008
Posts: 38
 how to create scan for inside bar on new version tc2000v12. It was built in of SF but I cannot find it on tc  help.
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Bruce_L
Posted : Friday, July 29, 2011 8:35:13 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 The basic formula for an Inside Bar would be:

L1 < L AND H < H1

The Inside Bar Conditions from StockFinder are Inside Bar - reversal to downside:

If Price.High < Price.High(1) AndAlso _
    Price.Low > Price.Low(1) AndAlso _
    Price.High(1) = Price.MaxHigh(10) AndAlso _
    Math.Abs(Price.Open - Price.Close) < (Price.high - Price.Low) * .25 AndAlso _
    Price.Close < Price.Open Then Pass

Which becomes:

H < H1 AND L > L1 AND H1 = MAXH10 AND ABS(O - C) < (H - L) * .25 AND C < O

And Inside Bar - reversal to upside:

If Price.High < Price.High(1) AndAlso _
    Price.Low > Price.Low(1) AndAlso _
    Price.Low(1) = Price.MinLow(10) AndAlso _
    Math.Abs(Price.Open - Price.Close) < (Price.High - Price.Low) * .25 AndAlso _
    Price.Close > Price.Open Then Pass

Which becomes:

H < H1 AND L > L1 AND L1 = MINL10 AND ABS(O - C) < (H - L) * .25 AND C > O

You can create any of these as Condition Formulas in TC2000 version 12 and then use them to Scan the WatchList.

Indicators, Sorting & Scanning
Boolean PCFs for Candlestick Patterns
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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LCRX
Posted : Sunday, July 31, 2011 8:17:58 PM
Registered User
Joined: 6/23/2008
Posts: 38
 thanks I got it to work
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Bruce_L
Posted : Monday, August 1, 2011 8:38:19 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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