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Changing an Indicator to Condition then into a Search criteria Rate this Topic:
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jmpearl27
Posted : Sunday, October 14, 2012 4:59:17 PM
Registered User
Joined: 9/20/2012
Posts: 7

I have created an indicator that consists of MACD 12 26 crossover, increasing 15 day momentum and a volatility formula previously listed in a discussion forum as a conformation for a breakout. I would like to know how I can change an indicator into a condition then into seach criteria. Any help would be useful. I would also like to know how to view the PCF for each of these indicators. Thank you.

jmpearl27
Posted : Sunday, October 14, 2012 5:10:19 PM
Registered User
Joined: 9/20/2012
Posts: 7

not the PCFs but the actual formulas for the indicators listed. I think if I had these formulas I could combine them into a seach criteria.

Bruce_L
Posted : Monday, October 15, 2012 9:33:47 AM


Worden Trainer

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

I do not understand the question.

An Exponential MACD 12,26 can be written as:

XAVGC12 - XAVGC26

A Condition Formula for this crossing up through zero could be written as:

XAVGC12 > XAVGC26 AND XAVGC12.1 <= XAVGC26.1

A Condition Formula for this crossing down through zero could be written as:

XAVGC12 < XAVGC26 AND XAVGC12.1 >= XAVGC26.1

A Condition Formula for this crossing through zero in either direction could be written as:

SGN(XAVGC12 - XAVGC26) <> SGN(XAVGC12.1 - XAVGC26.1)

Personal Criteria Formula Conditions
Understanding MACD

A 15-Period Momentum can be written as:

100 * C / C15

I Condition Formula for this increasing from one bar to the next could be written as:

C / C15 > C1 / C16

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!

I do not know which particular volatility formula is of interest.

Note that it is possible to create Conditions from Indicators by clicking on the Indicators and selecting Create Scan Condition.

Creating Scan and Sort Conditions

You can scan for multiple Conditions returning true at the same time by using more than one Condition in the same EasyScan.

EasyScan Basics
EasyScan Expanded



-Bruce
Personal Criteria Formulas
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