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mdbecker5
Posted : Wednesday, June 5, 2013 12:26:22 PM
Registered User
Joined: 12/6/2011
Posts: 13

I need a condition or fomula that scans a lower bar close from the bar before . Meaning a lower low or higher high. I need both ways.   15min interval  mitch

StockGuy
Posted : Wednesday, June 5, 2013 12:32:05 PM

Administration

Joined: 9/30/2004
Posts: 9,187

For a lower low use L < L1 and set the time frame on the condition to 15-minute.

For a higher high use H > H1 and set the time frame to 15-minute.

You could combine to find either using L < L1 OR H > H1

Bruce_L
Posted : Wednesday, June 5, 2013 12:37:23 PM


Worden Trainer

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

A Condition Formula for the current bar having a low close than the bar before is:

C < C1

A Condition Formula for the current bar having a lower low than the bar before is:

L < L1

A Condition Formula for the current bar having a higher close than the bar before is:

C > C1

A Condition Formula for the current bar having a higher high than the bar before is:

H > H1

You can set the Time Frame of a Condition Formula when you create or edit it by using the Time Frame drop-down menu in the Condition Formula's Edit window. You can also set the Time Frame of a Condition Formula in most places where it can be used such as when creating a WatchList Column or EasyScan Condition.

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



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
mdbecker5
Posted : Wednesday, June 5, 2013 12:38:42 PM
Registered User
Joined: 12/6/2011
Posts: 13

can u make higher high and a lower low as a counter maybe 60bars.

Bruce_L
Posted : Wednesday, June 5, 2013 1:11:16 PM


Worden Trainer

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

If you are willing to accept a percentage instead of a count, you can use the formulas as is in Custom PCF % True Indicators with the Period set to 60 and the Average Type set to Simple.

If you need a count, you can use the formulas in Custom PCF Indicators instead, but you will need to put the formula in an ABS() function and multiply it by 60. So for example, C > C1 would become:

60 * ABS(C > C1)

You would still need to set the Period to 60 and the Average Type to Simple.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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