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closing price of last bar is above the 50% range of last six bars Rate this Topic:
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jocool35
Posted : Friday, December 11, 2015 12:06:39 AM
Registered User
Joined: 12/19/2004
Posts: 28

Hi,

I'm looking to color the price bar green if the (closing price of last bar is above the 50% range of last six bars).
If it doesn't meet this criteria then color the price bar red.
If we can't color the price bar could this ploted as an indicator?
If can't be done in tc2000 then can it be done in StockFinder?

Thank you,

Rich

Bruce_L
Posted : Friday, December 11, 2015 10:51:56 AM


Worden Trainer

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

We can plot a green dot at the current or closing price if it is above the midpoint of the last 6 bars by using the following Formulas in a Custom PCF Indicator with the Plot Style set to Dot and Color set to green.

C / ABS(2 * C > MAXH6 + MINL6)

You would need another Custom PCF Indicator for the red dots.

C / ABS(2 * C <= MAXH6 + MINL6)

You would want to plot both Custom PCF Indicators in the same pane and scale as price.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
jocool35
Posted : Saturday, December 12, 2015 3:57:11 AM
Registered User
Joined: 12/19/2004
Posts: 28

Hi Bruce,

Your the Man. Thank you very much.

I used it with histogram.

Let me tell everyone else how to use it.

Stay in the trade until you get two bars of the opposite color. Works really well in trending markets.

This is the TTM indicator from John Carter.

Thanks again,

Rich

Bruce_L
Posted : Monday, December 14, 2015 11:03:55 AM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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