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PCF with Worden-Stochastics Rate this Topic:
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Dens
Posted : Friday, September 28, 2012 10:29:39 PM
Registered User
Joined: 10/28/2008
Posts: 11

Hello,

Is it possible to do a PCF formula with the Worden-Stochastics ?

For example, I would like to set a formula like this one but with the Worden-Stoc instead the regular Stochastic.

(AVG(stoc12.3.0,5) < 20.01) and (avgc20.0 > avgc50.0)

 

Regards,

 

 
Bruce_L
Posted : Monday, October 1, 2012 9:25:44 AM


Worden Trainer

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

Worden Stochastics are not built into the Personal Criteria Formula Language and I cannot help you construct a PCF for a Worden Stochastic because it is considered a proprietary Indicator.

If you are good with PCFs, you may be able to use the information in the Worden Stochastics topic to construct the Worden Stochastic using the Personal Criteria Formula Language however.

The resulting Condition Formula would be significantly more complicated than a similar formula for the regular Stochastic.

You could create a Worden Stochastic on the chart and adjust both its settings and the settings of a moving average of the Worden Stochastic to match your desired requirements. You could then click on the moving average of the Worden Stochastic and select Create Scan Condition to create the first half of your example Condition Formula above (the result would be a Condition that is not a Condition Formula).

Creating Scan and Sort Conditions.

You could then use it as an EasyScan Condition in the same EasyScan as the second half of your Condition Formula.

EasyScan Basics
EasyScan Expanded



-Bruce
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