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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Range Expansion

Range Expansion Rate this Topic:
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jabennett98
Posted : Friday, May 22, 2015 3:26:13 PM
Registered User
Joined: 12/2/2004
Posts: 10

Would appreciate a pcf for range expansion after 4 days of tight consolidation. Thanks.
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Bruce_L
Posted : Friday, May 22, 2015 3:38:09 PM


Worden Trainer

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

Without further definiting what constitutes tight, maybe something like the following?

H - L > MAXH4.1 - MINL4.1

It checks for the current bar being wider than the previous 4 bars combined.

How to create a Personal Criteria Forumula (PCF)
PCF Formula Descriptions


-Bruce
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