Registered User
Joined: 12/29/2004
Posts: 12
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Hi
I am new here. I do not have a programming background, or any apparent aptitude for it. Please get me through the entire proces (writing PCF's, etc.) to:
FOR LONGS
1. 10-period ADX>30, with +DMI>-DMI; and/or 14-period DMI>30, with +DMI>-DMI
2. High Price for the day< 4-period RSI (NOT Wilder's)
3. Big bonus points for: VIX at least 5%>it's 10-period Simple Moving Average
FOR SHORTS
1. 10-period ADX>30, with -DMI>+DMI; and/or 14-period DMI>30, with -DMI>+DMI
2. Low Price for the day> 4-period RSI
3. VIX at least 5%< its 10-period SMA
Thanks
Steven B
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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I have a question:
What RSI are you referring to other than Wilder's?
- Craig
Here to Help!
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Registered User
Joined: 12/29/2004
Posts: 12
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Craig
Relative Strength Indicator--the regular smoothed RSI
Steve
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Wilder's RSI without the Wilder smoothing - Gotcha.
You ask for:
QUOTE2. High Price for the day< 4-period RSI (NOT Wilder's)
2. Low Price for the day> 4-period RSI
I don't quite understand what you mean here. RSI is on a fixed scale of 0 to 100. Price is scaled based on its price per share. They are on independent scales that have no relation to each other.
When you say price is higher or lower than the RSI, what do you mean?
- Craig
Here to Help!
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Registered User
Joined: 12/29/2004
Posts: 12
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Craig
Sorry for the misdirection. NOT RSI, but 4-period SMA.
And BTW, I would like to use this screen for daily, and weekly setups using weekly bars.
Steve
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Here are you resources for ADX:
Average Directional Index (ADX)
Sorting by the ADX indicator
PCF for Wilder's DX, and/or a CI for Wilder's ADX
PCF for Wilder's Directional Movement DMI-crossovers
Here are your resources for the moving averages:
Understanding Moving Averages - Part I, The Basics
Understanding Moving Averages - Part II, Using Multiple Averages
Create PCFs and EasyScans to find moving average crossovers
Comparing indicators using Visual Difference sorts
The VIX cannot be part of your EasyScan/sorting. You will have to check the VIX on a daily basis and judge your EasyScan results based on where it is.
Here are some general resources:
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
PCFs are a good alternative for your daily screens. For higher than daily (weekly) you should consider the sorting options. As you do your sorting, you can flag what you like, unflag what you do not like. When you are done, the flagged tickers will meet your conditions.
Here is one last video:
How to use the Flagging feature
- Craig
Here to Help!
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Registered User
Joined: 12/29/2004
Posts: 12
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Craig
I did my due dilligence. All I can do at this point is scan for high ADX. How do I scan the flagged ADX stocks for +DMI>-DMI??
And then, how do I flag for high or low price < or > the 4-day
SMA??
Is there any way to do all 3 operations in one preset Easy Scan?
Thanks for your help
Steve
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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On a daily basis, these PCFs would work. Create and calculate them and put them together in an EasyScan. Things get messy when you move to multi-day charts.
High < 4sma
H<AVGC4
Low > 4sma
L>AVGC4
+DMI>-DMI
78.78*(H1-H0)*(H1-H0<L0-L1 and H0>H1)
+73.16*(H2-H1)*(H2-H1<L1-L2 and H1>H2)
+67.93*(H3-H2)*(H3-H2<L2-L3 and H2>H3)
+63.08*(H4-H3)*(H4-H3<L3-L4 and H3>H4)
+58.57*(H5-H4)*(H5-H4<L4-L5 and H4>H5)
+54.39*(H6-H5)*(H6-H5<L5-L6 and H5>H6)
+50.5*(H7-H6)*(H7-H6<L6-L7 and H6>H7)
+46.9*(H8-H7)*(H8-H7<L7-L8 and H7>H8)
+43.55*(H9-H8)*(H9-H8<L8-L9 and H8>H9)
+40.44*(H10-H9)*(H10-H9<L9-L10 and H9>H10)
+37.55*(H11-H10)*(H11-H10<L10-L11 and H10>H11)
+34.87*(H12-H11)*(H12-H11<L11-L12 and H11>H12)
+32.38*(H13-H12)*(H13-H12<L12-L13 and H12>H13)
+30.06*(H14-H13)*(H14-H13<L13-L14 and H13>H14)
+27.92*(H15-H14)*(H15-H14<L14-L15 and H14>H15)
+25.92*(H16-H15)*(H16-H15<L15-L16 and H15>H16)
+24.07*(H17-H16)*(H17-H16<L16-L17 and H16>H17)
+22.35*(H18-H17)*(H18-H17<L17-L18 and H17>H18)
+20.75*(H19-H18)*(H19-H18<L18-L19 and H18>H19)
+19.27*(H20-H19)*(H20-H19<L19-L20 and H19>H20)
+17.9*(H21-H20)*(H21-H20<L20-L21 and H20>H21)
+16.62*(H22-H21)*(H22-H21<L21-L22 and H21>H22)
+15.43*(H23-H22)*(H23-H22<L22-L23 and H22>H23)
+14.33*(H24-H23)*(H24-H23<L23-L24 and H23>H24)
+13.3*(H25-H24)*(H25-H24<L24-L25 and H24>H25)
+12.35*(H26-H25)*(H26-H25<L25-L26 and H25>H26)
+11.47*(H27-H26)*(H27-H26<L26-L27 and H26>H27)
+10.65*(H28-H27)*(H28-H27<L27-L28 and H27>H28)
+9.89*(H29-H28)*(H29-H28<L28-L29 and H28>H29)
+9.18*(H30-H29)*(H30-H29<L29-L30 and H29>H30)
+8.53*(H31-H30)*(H31-H30<L30-L31 and H30>H31)
+7.92*(H32-H31)*(H32-H31<L31-L32 and H31>H32)
>
78.78*(L0-L1)*(H1-H0>L0-L1 and L0<L1)
+73.16*(L1-L2)*(H2-H1>L1-L2 and L1<L2)
+67.93*(L2-L3)*(H3-H2>L2-L3 and L2<L3)
+63.08*(L3-L4)*(H4-H3>L3-L4 and L3<L4)
+58.57*(L4-L5)*(H5-H4>L4-L5 and L4<L5)
+54.39*(L5-L6)*(H6-H5>L5-L6 and L5<L6)
+50.5*(L6-L7)*(H7-H6>L6-L7 and L6<L7)
+46.9*(L7-L8)*(H8-H7>L7-L8 and L7<L8)
+43.55*(L8-L9)*(H9-H8>L8-L9 and L8<L9)
+40.44*(L9-L10)*(H10-H9>L9-L10 and L9<L10)
+37.55*(L10-L11)*(H11-H10>L10-L11 and L10<L11)
+34.87*(L11-L12)*(H12-H11>L11-L12 and L11<L12)
+32.38*(L12-L13)*(H13-H12>L12-L13 and L12<L13)
+30.06*(L13-L14)*(H14-H13>L13-L14 and L13<L14)
+27.92*(L14-L15)*(H15-H14>L14-L15 and L14<L15)
+25.92*(L15-L16)*(H16-H15>L15-L16 and L15<L16)
+24.07*(L16-L17)*(H17-H16>L16-L17 and L16<L17)
+22.35*(L17-L18)*(H18-H17>L17-L18 and L17<L18)
+20.75*(L18-L19)*(H19-H18>L18-L19 and L18<L19)
+19.27*(L19-L20)*(H20-H19>L19-L20 and L19<L20)
+17.9*(L20-L21)*(H21-H20>L20-L21 and L20<L21)
+16.62*(L21-L22)*(H22-H21>L21-L22 and L21<L22)
+15.43*(L22-L23)*(H23-H22>L22-L23 and L22<L23)
+14.33*(L23-L24)*(H24-H23>L23-L24 and L23<L24)
+13.3*(L24-L25)*(H25-H24>L24-L25 and L24<L25)
+12.35*(L25-L26)*(H26-H25>L25-L26 and L25<L26)
+11.47*(L26-L27)*(H27-H26>L26-L27 and L26<L27)
+10.65*(L27-L28)*(H28-H27>L27-L28 and L27<L28)
+9.89*(L28-L29)*(H29-H28>L28-L29 and L28<L29)
+9.18*(L29-L30)*(H30-H29>L29-L30 and L29<L30)
+8.53*(L30-L31)*(H31-H30>L30-L31 and L30<L31)
+7.92*(L31-L32)*(H32-H31>L31-L32 and L31<L32)
- Craig
Here to Help!
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Registered User
Joined: 12/29/2004
Posts: 12
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Craig
You are The Man. Thanks.
The lower block greater than the upper block for
-DMI>+DMI? I would assume so, but it's best not to assume.
Can I copy and paste the DMI formulas into the PCF?
Can all my scans be put together in one EasyScan?
I should forget about trying to run this scan on weekly charts, at least until I get my feet more wet?
Again many thanks,
Steve
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Yes to all of your questions!
Check these out:
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
As for weekly charts, I would use the visual sorting I mentioned above, narrow your field then use your eye to spot the DMI relationship.
- Craig
Here to Help!
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Registered User
Joined: 10/7/2004
Posts: 799
Location: Duluth, GA
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Here is a PCF for Weekly (5-day bar) formula for -DMI vs +DMI, with <1% error (see the DMI postings in the PCF's board for more info) - warning ... this formula takes 2-3 min to recalc on an average-speed machine.
The PCF returns +1 if the +DMI is > -DMI, or a -1 if -DMI is > +DMI, else zero:
Sgn(
.01*( 7.2105*(MaxH5.0-MaxH5.5)*(MaxH5.0-MaxH5.5>MinL5.5-MinL5.0)*(MaxH5.0>MaxH5.5) +6.6955*(MaxH5.5-MaxH5.10)*(MaxH5.5-MaxH5.10>MinL5.10-MinL5.5)*(MaxH5.5>MaxH5.10) +6.2172*(MaxH5.10-MaxH5.15)*(MaxH5.10-MaxH5.15>MinL5.15-MinL5.10)*(MaxH5.10>MaxH5.15) +5.7731*(MaxH5.15-MaxH5.20)*(MaxH5.15-MaxH5.20>MinL5.20-MinL5.15)*(MaxH5.15>MaxH5.20) +5.3608*(MaxH5.20-MaxH5.25)*(MaxH5.20-MaxH5.25>MinL5.25-MinL5.20)*(MaxH5.20>MaxH5.25) +4.9779*(MaxH5.25-MaxH5.30)*(MaxH5.25-MaxH5.30>MinL5.30-MinL5.25)*(MaxH5.25>MaxH5.30) +4.6223*(MaxH5.30-MaxH5.35)*(MaxH5.30-MaxH5.35>MinL5.35-MinL5.30)*(MaxH5.30>MaxH5.35) +4.2921*(MaxH5.35-MaxH5.40)*(MaxH5.35-MaxH5.40>MinL5.40-MinL5.35)*(MaxH5.35>MaxH5.40) +3.9856*(MaxH5.40-MaxH5.45)*(MaxH5.40-MaxH5.45>MinL5.45-MinL5.40)*(MaxH5.40>MaxH5.45) +3.7009*(MaxH5.45-MaxH5.50)*(MaxH5.45-MaxH5.50>MinL5.50-MinL5.45)*(MaxH5.45>MaxH5.50) +3.4365*(MaxH5.50-MaxH5.55)*(MaxH5.50-MaxH5.55>MinL5.55-MinL5.50)*(MaxH5.50>MaxH5.55) +3.1911*(MaxH5.55-MaxH5.60)*(MaxH5.55-MaxH5.60>MinL5.60-MinL5.55)*(MaxH5.55>MaxH5.60) +2.9631*(MaxH5.60-MaxH5.65)*(MaxH5.60-MaxH5.65>MinL5.65-MinL5.60)*(MaxH5.60>MaxH5.65) +2.7515*(MaxH5.65-MaxH5.70)*(MaxH5.65-MaxH5.70>MinL5.70-MinL5.65)*(MaxH5.65>MaxH5.70) +2.5549*(MaxH5.70-MaxH5.75)*(MaxH5.70-MaxH5.75>MinL5.75-MinL5.70)*(MaxH5.70>MaxH5.75) +2.3724*(MaxH5.75-MaxH5.80)*(MaxH5.75-MaxH5.80>MinL5.80-MinL5.75)*(MaxH5.75>MaxH5.80) +2.203*(MaxH5.80-MaxH5.85)*(MaxH5.80-MaxH5.85>MinL5.85-MinL5.80)*(MaxH5.80>MaxH5.85) +2.0456*(MaxH5.85-MaxH5.90)*(MaxH5.85-MaxH5.90>MinL5.90-MinL5.85)*(MaxH5.85>MaxH5.90) +1.8995*(MaxH5.90-MaxH5.95)*(MaxH5.90-MaxH5.95>MinL5.95-MinL5.90)*(MaxH5.90>MaxH5.95) +1.7638*(MaxH5.95-MaxH5.100)*(MaxH5.95-MaxH5.100>MinL5.100-MinL5.95)*(MaxH5.95>MaxH5.100) +1.6378*(MaxH5.100-MaxH5.105)*(MaxH5.100-MaxH5.105>MinL5.105-MinL5.100)*(MaxH5.100>MaxH5.105) +1.5209*(MaxH5.105-MaxH5.110)*(MaxH5.105-MaxH5.110>MinL5.110-MinL5.105)*(MaxH5.105>MaxH5.110) +1.4122*(MaxH5.110-MaxH5.115)*(MaxH5.110-MaxH5.115>MinL5.115-MinL5.110)*(MaxH5.110>MaxH5.115) +1.3114*(MaxH5.115-MaxH5.120)*(MaxH5.115-MaxH5.120>MinL5.120-MinL5.115)*(MaxH5.115>MaxH5.120) +1.2177*(MaxH5.120-MaxH5.125)*(MaxH5.120-MaxH5.125>MinL5.125-MinL5.120)*(MaxH5.120>MaxH5.125) +1.1307*(MaxH5.125-MaxH5.130)*(MaxH5.125-MaxH5.130>MinL5.130-MinL5.125)*(MaxH5.125>MaxH5.130) +1.0499*(MaxH5.130-MaxH5.135)*(MaxH5.130-MaxH5.135>MinL5.135-MinL5.130)*(MaxH5.130>MaxH5.135) +.9749*(MaxH5.135-MaxH5.140)*(MaxH5.135-MaxH5.140>MinL5.140-MinL5.135)*(MaxH5.135>MaxH5.140) +.9053*(MaxH5.140-MaxH5.145)*(MaxH5.140-MaxH5.145>MinL5.145-MinL5.140)*(MaxH5.140>MaxH5.145) +.8406*(MaxH5.145-MaxH5.150)*(MaxH5.145-MaxH5.150>MinL5.150-MinL5.145)*(MaxH5.145>MaxH5.150) +.7806*(MaxH5.150-MaxH5.155)*(MaxH5.150-MaxH5.155>MinL5.155-MinL5.150)*(MaxH5.150>MaxH5.155) +.7248*(MaxH5.155-MaxH5.160)*(MaxH5.155-MaxH5.160>MinL5.160-MinL5.155)*(MaxH5.155>MaxH5.160) +.6731*(MaxH5.160-MaxH5.165)*(MaxH5.160-MaxH5.165>MinL5.165-MinL5.160)*(MaxH5.160>MaxH5.165) +.625*(MaxH5.165-MaxH5.170)*(MaxH5.165-MaxH5.170>MinL5.170-MinL5.165)*(MaxH5.165>MaxH5.170) +.5803*(MaxH5.170-MaxH5.175)*(MaxH5.170-MaxH5.175>MinL5.175-MinL5.170)*(MaxH5.170>MaxH5.175) +.5389*(MaxH5.175-MaxH5.180)*(MaxH5.175-MaxH5.180>MinL5.180-MinL5.175)*(MaxH5.175>MaxH5.180) +.5004*(MaxH5.180-MaxH5.185)*(MaxH5.180-MaxH5.185>MinL5.185-MinL5.180)*(MaxH5.180>MaxH5.185) +.4647*(MaxH5.185-MaxH5.190)*(MaxH5.185-MaxH5.190>MinL5.190-MinL5.185)*(MaxH5.185>MaxH5.190) +.4315*(MaxH5.190-MaxH5.195)*(MaxH5.190-MaxH5.195>MinL5.195-MinL5.190)*(MaxH5.190>MaxH5.195) +.4006*(MaxH5.195-MaxH5.200)*(MaxH5.195-MaxH5.200>MinL5.200-MinL5.195)*(MaxH5.195>MaxH5.200) +.372*(MaxH5.200-MaxH5.205)*(MaxH5.200-MaxH5.205>MinL5.205-MinL5.200)*(MaxH5.200>MaxH5.205) +.3455*(MaxH5.205-MaxH5.210)*(MaxH5.205-MaxH5.210>MinL5.210-MinL5.205)*(MaxH5.205>MaxH5.210) +.3208*(MaxH5.210-MaxH5.215)*(MaxH5.210-MaxH5.215>MinL5.215-MinL5.210)*(MaxH5.210>MaxH5.215) +.2979*(MaxH5.215-MaxH5.220)*(MaxH5.215-MaxH5.220>MinL5.220-MinL5.215)*(MaxH5.215>MaxH5.220) +.2766*(MaxH5.220-MaxH5.225)*(MaxH5.220-MaxH5.225>MinL5.225-MinL5.220)*(MaxH5.220>MaxH5.225) +.2568*(MaxH5.225-MaxH5.230)*(MaxH5.225-MaxH5.230>MinL5.230-MinL5.225)*(MaxH5.225>MaxH5.230) +.2385*(MaxH5.230-MaxH5.235)*(MaxH5.230-MaxH5.235>MinL5.235-MinL5.230)*(MaxH5.230>MaxH5.235) +.2215*(MaxH5.235-MaxH5.240)*(MaxH5.235-MaxH5.240>MinL5.240-MinL5.235)*(MaxH5.235>MaxH5.240) +.2056*(MaxH5.240-MaxH5.245)*(MaxH5.240-MaxH5.245>MinL5.245-MinL5.240)*(MaxH5.240>MaxH5.245) +.1909*(MaxH5.245-MaxH5.250)*(MaxH5.245-MaxH5.250>MinL5.250-MinL5.245)*(MaxH5.245>MaxH5.250) +.1773*(MaxH5.250-MaxH5.255)*(MaxH5.250-MaxH5.255>MinL5.255-MinL5.250)*(MaxH5.250>MaxH5.255) +.1646*(MaxH5.255-MaxH5.260)*(MaxH5.255-MaxH5.260>MinL5.260-MinL5.255)*(MaxH5.255>MaxH5.260) +.1529*(MaxH5.260-MaxH5.265)*(MaxH5.260-MaxH5.265>MinL5.265-MinL5.260)*(MaxH5.260>MaxH5.265) +.142*(MaxH5.265-MaxH5.270)*(MaxH5.265-MaxH5.270>MinL5.270-MinL5.265)*(MaxH5.265>MaxH5.270) +.1318*(MaxH5.270-MaxH5.275)*(MaxH5.270-MaxH5.275>MinL5.275-MinL5.270)*(MaxH5.270>MaxH5.275) +.1224*(MaxH5.275-MaxH5.280)*(MaxH5.275-MaxH5.280>MinL5.280-MinL5.275)*(MaxH5.275>MaxH5.280) +.1137*(MaxH5.280-MaxH5.285)*(MaxH5.280-MaxH5.285>MinL5.285-MinL5.280)*(MaxH5.280>MaxH5.285) +.1055*(MaxH5.285-MaxH5.290)*(MaxH5.285-MaxH5.290>MinL5.290-MinL5.285)*(MaxH5.285>MaxH5.290) +.098*(MaxH5.290-MaxH5.295)*(MaxH5.290-MaxH5.295>MinL5.295-MinL5.290)*(MaxH5.290>MaxH5.295) +.091*(MaxH5.295-MaxH5.300)*(MaxH5.295-MaxH5.300>MinL5.300-MinL5.295)*(MaxH5.295>MaxH5.300) +.0845*(MaxH5.300-MaxH5.305)*(MaxH5.300-MaxH5.305>MinL5.305-MinL5.300)*(MaxH5.300>MaxH5.305) +.0785*(MaxH5.305-MaxH5.310)*(MaxH5.305-MaxH5.310>MinL5.310-MinL5.305)*(MaxH5.305>MaxH5.310) +.0729*(MaxH5.310-MaxH5.315)*(MaxH5.310-MaxH5.315>MinL5.315-MinL5.310)*(MaxH5.310>MaxH5.315) )
-
.01*( 7.2105*(MinL5.5-MinL5.0)*(MaxH5.0-MaxH5.5<MinL5.5-MinL5.0)*(MinL5.0<MinL5.5) +6.6955*(MinL5.10-MinL5.5)*(MaxH5.5-MaxH5.10<MinL5.10-MinL5.5)*(MinL5.5<MinL5.10) +6.2172*(MinL5.15-MinL5.10)*(MaxH5.10-MaxH5.15<MinL5.15-MinL5.10)*(MinL5.10<MinL5.15) +5.7731*(MinL5.20-MinL5.15)*(MaxH5.15-MaxH5.20<MinL5.20-MinL5.15)*(MinL5.15<MinL5.20) +5.3608*(MinL5.25-MinL5.20)*(MaxH5.20-MaxH5.25<MinL5.25-MinL5.20)*(MinL5.20<MinL5.25) +4.9779*(MinL5.30-MinL5.25)*(MaxH5.25-MaxH5.30<MinL5.30-MinL5.25)*(MinL5.25<MinL5.30) +4.6223*(MinL5.35-MinL5.30)*(MaxH5.30-MaxH5.35<MinL5.35-MinL5.30)*(MinL5.30<MinL5.35) +4.2921*(MinL5.40-MinL5.35)*(MaxH5.35-MaxH5.40<MinL5.40-MinL5.35)*(MinL5.35<MinL5.40) +3.9856*(MinL5.45-MinL5.40)*(MaxH5.40-MaxH5.45<MinL5.45-MinL5.40)*(MinL5.40<MinL5.45) +3.7009*(MinL5.50-MinL5.45)*(MaxH5.45-MaxH5.50<MinL5.50-MinL5.45)*(MinL5.45<MinL5.50) +3.4365*(MinL5.55-MinL5.50)*(MaxH5.50-MaxH5.55<MinL5.55-MinL5.50)*(MinL5.50<MinL5.55) +3.1911*(MinL5.60-MinL5.55)*(MaxH5.55-MaxH5.60<MinL5.60-MinL5.55)*(MinL5.55<MinL5.60) +2.9631*(MinL5.65-MinL5.60)*(MaxH5.60-MaxH5.65<MinL5.65-MinL5.60)*(MinL5.60<MinL5.65) +2.7515*(MinL5.70-MinL5.65)*(MaxH5.65-MaxH5.70<MinL5.70-MinL5.65)*(MinL5.65<MinL5.70) +2.5549*(MinL5.75-MinL5.70)*(MaxH5.70-MaxH5.75<MinL5.75-MinL5.70)*(MinL5.70<MinL5.75) +2.3724*(MinL5.80-MinL5.75)*(MaxH5.75-MaxH5.80<MinL5.80-MinL5.75)*(MinL5.75<MinL5.80) +2.203*(MinL5.85-MinL5.80)*(MaxH5.80-MaxH5.85<MinL5.85-MinL5.80)*(MinL5.80<MinL5.85) +2.0456*(MinL5.90-MinL5.85)*(MaxH5.85-MaxH5.90<MinL5.90-MinL5.85)*(MinL5.85<MinL5.90) +1.8995*(MinL5.95-MinL5.90)*(MaxH5.90-MaxH5.95<MinL5.95-MinL5.90)*(MinL5.90<MinL5.95) +1.7638*(MinL5.100-MinL5.95)*(MaxH5.95-MaxH5.100<MinL5.100-MinL5.95)*(MinL5.95<MinL5.100) +1.6378*(MinL5.105-MinL5.100)*(MaxH5.100-MaxH5.105<MinL5.105-MinL5.100)*(MinL5.100<MinL5.105) +1.5209*(MinL5.110-MinL5.105)*(MaxH5.105-MaxH5.110<MinL5.110-MinL5.105)*(MinL5.105<MinL5.110) +1.4122*(MinL5.115-MinL5.110)*(MaxH5.110-MaxH5.115<MinL5.115-MinL5.110)*(MinL5.110<MinL5.115) +1.3114*(MinL5.120-MinL5.115)*(MaxH5.115-MaxH5.120<MinL5.120-MinL5.115)*(MinL5.115<MinL5.120) +1.2177*(MinL5.125-MinL5.120)*(MaxH5.120-MaxH5.125<MinL5.125-MinL5.120)*(MinL5.120<MinL5.125) +1.1307*(MinL5.130-MinL5.125)*(MaxH5.125-MaxH5.130<MinL5.130-MinL5.125)*(MinL5.125<MinL5.130) +1.0499*(MinL5.135-MinL5.130)*(MaxH5.130-MaxH5.135<MinL5.135-MinL5.130)*(MinL5.130<MinL5.135) +.9749*(MinL5.140-MinL5.135)*(MaxH5.135-MaxH5.140<MinL5.140-MinL5.135)*(MinL5.135<MinL5.140) +.9053*(MinL5.145-MinL5.140)*(MaxH5.140-MaxH5.145<MinL5.145-MinL5.140)*(MinL5.140<MinL5.145) +.8406*(MinL5.150-MinL5.145)*(MaxH5.145-MaxH5.150<MinL5.150-MinL5.145)*(MinL5.145<MinL5.150) +.7806*(MinL5.155-MinL5.150)*(MaxH5.150-MaxH5.155<MinL5.155-MinL5.150)*(MinL5.150<MinL5.155) +.7248*(MinL5.160-MinL5.155)*(MaxH5.155-MaxH5.160<MinL5.160-MinL5.155)*(MinL5.155<MinL5.160) +.6731*(MinL5.165-MinL5.160)*(MaxH5.160-MaxH5.165<MinL5.165-MinL5.160)*(MinL5.160<MinL5.165) +.625*(MinL5.170-MinL5.165)*(MaxH5.165-MaxH5.170<MinL5.170-MinL5.165)*(MinL5.165<MinL5.170) +.5803*(MinL5.175-MinL5.170)*(MaxH5.170-MaxH5.175<MinL5.175-MinL5.170)*(MinL5.170<MinL5.175) +.5389*(MinL5.180-MinL5.175)*(MaxH5.175-MaxH5.180<MinL5.180-MinL5.175)*(MinL5.175<MinL5.180) +.5004*(MinL5.185-MinL5.180)*(MaxH5.180-MaxH5.185<MinL5.185-MinL5.180)*(MinL5.180<MinL5.185) +.4647*(MinL5.190-MinL5.185)*(MaxH5.185-MaxH5.190<MinL5.190-MinL5.185)*(MinL5.185<MinL5.190) +.4315*(MinL5.195-MinL5.190)*(MaxH5.190-MaxH5.195<MinL5.195-MinL5.190)*(MinL5.190<MinL5.195) +.4006*(MinL5.200-MinL5.195)*(MaxH5.195-MaxH5.200<MinL5.200-MinL5.195)*(MinL5.195<MinL5.200) +.372*(MinL5.205-MinL5.200)*(MaxH5.200-MaxH5.205<MinL5.205-MinL5.200)*(MinL5.200<MinL5.205) +.3455*(MinL5.210-MinL5.205)*(MaxH5.205-MaxH5.210<MinL5.210-MinL5.205)*(MinL5.205<MinL5.210) +.3208*(MinL5.215-MinL5.210)*(MaxH5.210-MaxH5.215<MinL5.215-MinL5.210)*(MinL5.210<MinL5.215) +.2979*(MinL5.220-MinL5.215)*(MaxH5.215-MaxH5.220<MinL5.220-MinL5.215)*(MinL5.215<MinL5.220) +.2766*(MinL5.225-MinL5.220)*(MaxH5.220-MaxH5.225<MinL5.225-MinL5.220)*(MinL5.220<MinL5.225) +.2568*(MinL5.230-MinL5.225)*(MaxH5.225-MaxH5.230<MinL5.230-MinL5.225)*(MinL5.225<MinL5.230) +.2385*(MinL5.235-MinL5.230)*(MaxH5.230-MaxH5.235<MinL5.235-MinL5.230)*(MinL5.230<MinL5.235) +.2215*(MinL5.240-MinL5.235)*(MaxH5.235-MaxH5.240<MinL5.240-MinL5.235)*(MinL5.235<MinL5.240) +.2056*(MinL5.245-MinL5.240)*(MaxH5.240-MaxH5.245<MinL5.245-MinL5.240)*(MinL5.240<MinL5.245) +.1909*(MinL5.250-MinL5.245)*(MaxH5.245-MaxH5.250<MinL5.250-MinL5.245)*(MinL5.245<MinL5.250) +.1773*(MinL5.255-MinL5.250)*(MaxH5.250-MaxH5.255<MinL5.255-MinL5.250)*(MinL5.250<MinL5.255) +.1646*(MinL5.260-MinL5.255)*(MaxH5.255-MaxH5.260<MinL5.260-MinL5.255)*(MinL5.255<MinL5.260) +.1529*(MinL5.265-MinL5.260)*(MaxH5.260-MaxH5.265<MinL5.265-MinL5.260)*(MinL5.260<MinL5.265) +.142*(MinL5.270-MinL5.265)*(MaxH5.265-MaxH5.270<MinL5.270-MinL5.265)*(MinL5.265<MinL5.270) +.1318*(MinL5.275-MinL5.270)*(MaxH5.270-MaxH5.275<MinL5.275-MinL5.270)*(MinL5.270<MinL5.275) +.1224*(MinL5.280-MinL5.275)*(MaxH5.275-MaxH5.280<MinL5.280-MinL5.275)*(MinL5.275<MinL5.280) +.1137*(MinL5.285-MinL5.280)*(MaxH5.280-MaxH5.285<MinL5.285-MinL5.280)*(MinL5.280<MinL5.285) +.1055*(MinL5.290-MinL5.285)*(MaxH5.285-MaxH5.290<MinL5.290-MinL5.285)*(MinL5.285<MinL5.290) +.098*(MinL5.295-MinL5.290)*(MaxH5.290-MaxH5.295<MinL5.295-MinL5.290)*(MinL5.290<MinL5.295) +.091*(MinL5.300-MinL5.295)*(MaxH5.295-MaxH5.300<MinL5.300-MinL5.295)*(MinL5.295<MinL5.300) +.0845*(MinL5.305-MinL5.300)*(MaxH5.300-MaxH5.305<MinL5.305-MinL5.300)*(MinL5.300<MinL5.305) +.0785*(MinL5.310-MinL5.305)*(MaxH5.305-MaxH5.310<MinL5.310-MinL5.305)*(MinL5.305<MinL5.310) +.0729*(MinL5.315-MinL5.310)*(MaxH5.310-MaxH5.315<MinL5.315-MinL5.310)*(MinL5.310<MinL5.315) ) )
Jim Dean
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Registered User
Joined: 12/29/2004
Posts: 12
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Craig
I want to scan all stocks in the data base to find ones meeting my criteria. There are so many calculations that I suspect even with my fairly fast laptop and DSL, that it would take forever to scan the entire data base. Is this correct? If so, an alternative for me to the 10-period ADX/DMI criteria would be 14-period +DMI>30, with 14-period -DMI>30 to scan for shorts, and ignoring ADX. Is this a more doable option? If so, got a formula for this?
Tanstaafl
Thanks for your contribution. I had seen the posting. It made my head swim. For the weekly bars scan it is the same as daily, either 10-period ADX>30, and +DMI>-DMI, or 14-period +/-DMI>30. For me it is not so critical that the scan be precisely accurate, as I will look at all candidates in my Fidelity Active Trader trading platform to ensure that the stock meets the criteria.
Steve
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Registered User
Joined: 10/7/2004
Posts: 799
Location: Duluth, GA
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Hi, Steve:
The ADX is just NOT pcf-able in TC. Hopefully they will add it to the function list later.
The formula I provided you above *IS* the 14-week +DMI vs -DMI comparison you asked for. If you want a simple true/false result for the bullish case, remove the Sgn()'s from each half, and change the minus sign in the middle to a ">" sign.
If you split out the first half, and remove the Sgn() from around it, you get the +DMI by itself ... you can add the ">30" on your own.
Similarly, the formulae for the 14-DAY DMI's are shown in the other postings - you can similarly manipulate them. Sorry it made your head swim ... I wish that W made it easier for all of us. However, I would seriously advise you NOT to use ANY formulae for Tech Analysis unless you have at least a rudimentary understanding of them ... getting a copy of Wilder's book from Amazon would be a great start.
I spent a huge amount of time creating the spreadsheet to do these formulae. I hope that you will take the time to reread the explanations and do the research, rather than just using them in a cookie cutter fashion.
Jim Dean
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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QUOTE (stevenbfriedman) There are so many calculations that I suspect even with my fairly fast laptop and DSL, that it would take forever to scan the entire data base. Is this correct? If so, an alternative for me to the 10-period ADX/DMI criteria would be 14-period +DMI>30, with 14-period -DMI>30 to scan for shorts, and ignoring ADX. Is this a more doable option? If so, got a formula for this?
QUOTE (Tanstaafl) If you split out the first half, and remove the Sgn() from around it, you get the +DMI by itself ... you can add the ">30" on your own.
Except if he is looking for them to be greater than 30, he probably wants +DI and -DI instead of +DMI and -DMI. Here is a topic containing Daily +DI14 and -DI14 formulas just in case I'm right:
PCFs for ADX's +DI and -DI
As far as speed goes, while times will vary dramatically depending on the computer, it only took about 15 seconds to calculate both Daily +DI14 and -DI14 Personal Criteria Formulas for All Items in System on the laptop I'm using. Tanstaafl has kindly posted Weekly versions below (the Weekly versions do take a bit longer to calculate).
You can either use them as is in combination with EasyScans and the Rangefinder (probably your best option because you can use them in sorts) or just add a >30 to the ends to use them as Boolean conditions.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/7/2004
Posts: 799
Location: Duluth, GA
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Oops .. thanks for catching that, Bruce!
I might add that Wilder makes no mention of any rule with respect to comparing DI or DM to a threshold of 30 or any other value.
Here are the formula for the weekly DI's, with error <1%:
Positive 14-week DI:
( 7.2105*(MaxH5.0-MaxH5.5)*(MaxH5.0-MaxH5.5>MinL5.5-MinL5.0)*(MaxH5.0>MaxH5.5) +6.6955*(MaxH5.5-MaxH5.10)*(MaxH5.5-MaxH5.10>MinL5.10-MinL5.5)*(MaxH5.5>MaxH5.10) +6.2172*(MaxH5.10-MaxH5.15)*(MaxH5.10-MaxH5.15>MinL5.15-MinL5.10)*(MaxH5.10>MaxH5.15) +5.7731*(MaxH5.15-MaxH5.20)*(MaxH5.15-MaxH5.20>MinL5.20-MinL5.15)*(MaxH5.15>MaxH5.20) +5.3608*(MaxH5.20-MaxH5.25)*(MaxH5.20-MaxH5.25>MinL5.25-MinL5.20)*(MaxH5.20>MaxH5.25) +4.9779*(MaxH5.25-MaxH5.30)*(MaxH5.25-MaxH5.30>MinL5.30-MinL5.25)*(MaxH5.25>MaxH5.30) +4.6223*(MaxH5.30-MaxH5.35)*(MaxH5.30-MaxH5.35>MinL5.35-MinL5.30)*(MaxH5.30>MaxH5.35) +4.2921*(MaxH5.35-MaxH5.40)*(MaxH5.35-MaxH5.40>MinL5.40-MinL5.35)*(MaxH5.35>MaxH5.40) +3.9856*(MaxH5.40-MaxH5.45)*(MaxH5.40-MaxH5.45>MinL5.45-MinL5.40)*(MaxH5.40>MaxH5.45) +3.7009*(MaxH5.45-MaxH5.50)*(MaxH5.45-MaxH5.50>MinL5.50-MinL5.45)*(MaxH5.45>MaxH5.50) +3.4365*(MaxH5.50-MaxH5.55)*(MaxH5.50-MaxH5.55>MinL5.55-MinL5.50)*(MaxH5.50>MaxH5.55) +3.1911*(MaxH5.55-MaxH5.60)*(MaxH5.55-MaxH5.60>MinL5.60-MinL5.55)*(MaxH5.55>MaxH5.60) +2.9631*(MaxH5.60-MaxH5.65)*(MaxH5.60-MaxH5.65>MinL5.65-MinL5.60)*(MaxH5.60>MaxH5.65) +2.7515*(MaxH5.65-MaxH5.70)*(MaxH5.65-MaxH5.70>MinL5.70-MinL5.65)*(MaxH5.65>MaxH5.70) +2.5549*(MaxH5.70-MaxH5.75)*(MaxH5.70-MaxH5.75>MinL5.75-MinL5.70)*(MaxH5.70>MaxH5.75) +2.3724*(MaxH5.75-MaxH5.80)*(MaxH5.75-MaxH5.80>MinL5.80-MinL5.75)*(MaxH5.75>MaxH5.80) +2.203*(MaxH5.80-MaxH5.85)*(MaxH5.80-MaxH5.85>MinL5.85-MinL5.80)*(MaxH5.80>MaxH5.85) +2.0456*(MaxH5.85-MaxH5.90)*(MaxH5.85-MaxH5.90>MinL5.90-MinL5.85)*(MaxH5.85>MaxH5.90) +1.8995*(MaxH5.90-MaxH5.95)*(MaxH5.90-MaxH5.95>MinL5.95-MinL5.90)*(MaxH5.90>MaxH5.95) +1.7638*(MaxH5.95-MaxH5.100)*(MaxH5.95-MaxH5.100>MinL5.100-MinL5.95)*(MaxH5.95>MaxH5.100) +1.6378*(MaxH5.100-MaxH5.105)*(MaxH5.100-MaxH5.105>MinL5.105-MinL5.100)*(MaxH5.100>MaxH5.105) +1.5209*(MaxH5.105-MaxH5.110)*(MaxH5.105-MaxH5.110>MinL5.110-MinL5.105)*(MaxH5.105>MaxH5.110) +1.4122*(MaxH5.110-MaxH5.115)*(MaxH5.110-MaxH5.115>MinL5.115-MinL5.110)*(MaxH5.110>MaxH5.115) +1.3114*(MaxH5.115-MaxH5.120)*(MaxH5.115-MaxH5.120>MinL5.120-MinL5.115)*(MaxH5.115>MaxH5.120) +1.2177*(MaxH5.120-MaxH5.125)*(MaxH5.120-MaxH5.125>MinL5.125-MinL5.120)*(MaxH5.120>MaxH5.125) +1.1307*(MaxH5.125-MaxH5.130)*(MaxH5.125-MaxH5.130>MinL5.130-MinL5.125)*(MaxH5.125>MaxH5.130) +1.0499*(MaxH5.130-MaxH5.135)*(MaxH5.130-MaxH5.135>MinL5.135-MinL5.130)*(MaxH5.130>MaxH5.135) +.9749*(MaxH5.135-MaxH5.140)*(MaxH5.135-MaxH5.140>MinL5.140-MinL5.135)*(MaxH5.135>MaxH5.140) +.9053*(MaxH5.140-MaxH5.145)*(MaxH5.140-MaxH5.145>MinL5.145-MinL5.140)*(MaxH5.140>MaxH5.145) +.8406*(MaxH5.145-MaxH5.150)*(MaxH5.145-MaxH5.150>MinL5.150-MinL5.145)*(MaxH5.145>MaxH5.150) +.7806*(MaxH5.150-MaxH5.155)*(MaxH5.150-MaxH5.155>MinL5.155-MinL5.150)*(MaxH5.150>MaxH5.155) +.7248*(MaxH5.155-MaxH5.160)*(MaxH5.155-MaxH5.160>MinL5.160-MinL5.155)*(MaxH5.155>MaxH5.160) +.6731*(MaxH5.160-MaxH5.165)*(MaxH5.160-MaxH5.165>MinL5.165-MinL5.160)*(MaxH5.160>MaxH5.165) +.625*(MaxH5.165-MaxH5.170)*(MaxH5.165-MaxH5.170>MinL5.170-MinL5.165)*(MaxH5.165>MaxH5.170) +.5803*(MaxH5.170-MaxH5.175)*(MaxH5.170-MaxH5.175>MinL5.175-MinL5.170)*(MaxH5.170>MaxH5.175) +.5389*(MaxH5.175-MaxH5.180)*(MaxH5.175-MaxH5.180>MinL5.180-MinL5.175)*(MaxH5.175>MaxH5.180) +.5004*(MaxH5.180-MaxH5.185)*(MaxH5.180-MaxH5.185>MinL5.185-MinL5.180)*(MaxH5.180>MaxH5.185) +.4647*(MaxH5.185-MaxH5.190)*(MaxH5.185-MaxH5.190>MinL5.190-MinL5.185)*(MaxH5.185>MaxH5.190) +.4315*(MaxH5.190-MaxH5.195)*(MaxH5.190-MaxH5.195>MinL5.195-MinL5.190)*(MaxH5.190>MaxH5.195) +.4006*(MaxH5.195-MaxH5.200)*(MaxH5.195-MaxH5.200>MinL5.200-MinL5.195)*(MaxH5.195>MaxH5.200) +.372*(MaxH5.200-MaxH5.205)*(MaxH5.200-MaxH5.205>MinL5.205-MinL5.200)*(MaxH5.200>MaxH5.205) +.3455*(MaxH5.205-MaxH5.210)*(MaxH5.205-MaxH5.210>MinL5.210-MinL5.205)*(MaxH5.205>MaxH5.210) +.3208*(MaxH5.210-MaxH5.215)*(MaxH5.210-MaxH5.215>MinL5.215-MinL5.210)*(MaxH5.210>MaxH5.215) +.2979*(MaxH5.215-MaxH5.220)*(MaxH5.215-MaxH5.220>MinL5.220-MinL5.215)*(MaxH5.215>MaxH5.220) +.2766*(MaxH5.220-MaxH5.225)*(MaxH5.220-MaxH5.225>MinL5.225-MinL5.220)*(MaxH5.220>MaxH5.225) +.2568*(MaxH5.225-MaxH5.230)*(MaxH5.225-MaxH5.230>MinL5.230-MinL5.225)*(MaxH5.225>MaxH5.230) +.2385*(MaxH5.230-MaxH5.235)*(MaxH5.230-MaxH5.235>MinL5.235-MinL5.230)*(MaxH5.230>MaxH5.235) +.2215*(MaxH5.235-MaxH5.240)*(MaxH5.235-MaxH5.240>MinL5.240-MinL5.235)*(MaxH5.235>MaxH5.240) +.2056*(MaxH5.240-MaxH5.245)*(MaxH5.240-MaxH5.245>MinL5.245-MinL5.240)*(MaxH5.240>MaxH5.245) +.1909*(MaxH5.245-MaxH5.250)*(MaxH5.245-MaxH5.250>MinL5.250-MinL5.245)*(MaxH5.245>MaxH5.250) +.1773*(MaxH5.250-MaxH5.255)*(MaxH5.250-MaxH5.255>MinL5.255-MinL5.250)*(MaxH5.250>MaxH5.255) +.1646*(MaxH5.255-MaxH5.260)*(MaxH5.255-MaxH5.260>MinL5.260-MinL5.255)*(MaxH5.255>MaxH5.260) +.1529*(MaxH5.260-MaxH5.265)*(MaxH5.260-MaxH5.265>MinL5.265-MinL5.260)*(MaxH5.260>MaxH5.265) +.142*(MaxH5.265-MaxH5.270)*(MaxH5.265-MaxH5.270>MinL5.270-MinL5.265)*(MaxH5.265>MaxH5.270) +.1318*(MaxH5.270-MaxH5.275)*(MaxH5.270-MaxH5.275>MinL5.275-MinL5.270)*(MaxH5.270>MaxH5.275) +.1224*(MaxH5.275-MaxH5.280)*(MaxH5.275-MaxH5.280>MinL5.280-MinL5.275)*(MaxH5.275>MaxH5.280) +.1137*(MaxH5.280-MaxH5.285)*(MaxH5.280-MaxH5.285>MinL5.285-MinL5.280)*(MaxH5.280>MaxH5.285) +.1055*(MaxH5.285-MaxH5.290)*(MaxH5.285-MaxH5.290>MinL5.290-MinL5.285)*(MaxH5.285>MaxH5.290) +.098*(MaxH5.290-MaxH5.295)*(MaxH5.290-MaxH5.295>MinL5.295-MinL5.290)*(MaxH5.290>MaxH5.295) +.091*(MaxH5.295-MaxH5.300)*(MaxH5.295-MaxH5.300>MinL5.300-MinL5.295)*(MaxH5.295>MaxH5.300) +.0845*(MaxH5.300-MaxH5.305)*(MaxH5.300-MaxH5.305>MinL5.305-MinL5.300)*(MaxH5.300>MaxH5.305) +.0785*(MaxH5.305-MaxH5.310)*(MaxH5.305-MaxH5.310>MinL5.310-MinL5.305)*(MaxH5.305>MaxH5.310) +.0729*(MaxH5.310-MaxH5.315)*(MaxH5.310-MaxH5.315>MinL5.315-MinL5.310)*(MaxH5.310>MaxH5.315) ) / (( 7.2105*(MaxH5.0-MinL5.0+Abs(MaxH5.0-C5)+Abs(MinL5.0-C5)) +6.6955*(MaxH5.5-MinL5.5+Abs(MaxH5.5-C10)+Abs(MinL5.5-C10)) +6.2172*(MaxH5.10-MinL5.10+Abs(MaxH5.10-C15)+Abs(MinL5.10-C15)) +5.7731*(MaxH5.15-MinL5.15+Abs(MaxH5.15-C20)+Abs(MinL5.15-C20)) +5.3608*(MaxH5.20-MinL5.20+Abs(MaxH5.20-C25)+Abs(MinL5.20-C25)) +4.9779*(MaxH5.25-MinL5.25+Abs(MaxH5.25-C30)+Abs(MinL5.25-C30)) +4.6223*(MaxH5.30-MinL5.30+Abs(MaxH5.30-C35)+Abs(MinL5.30-C35)) +4.2921*(MaxH5.35-MinL5.35+Abs(MaxH5.35-C40)+Abs(MinL5.35-C40)) +3.9856*(MaxH5.40-MinL5.40+Abs(MaxH5.40-C45)+Abs(MinL5.40-C45)) +3.7009*(MaxH5.45-MinL5.45+Abs(MaxH5.45-C50)+Abs(MinL5.45-C50)) +3.4365*(MaxH5.50-MinL5.50+Abs(MaxH5.50-C55)+Abs(MinL5.50-C55)) +3.1911*(MaxH5.55-MinL5.55+Abs(MaxH5.55-C60)+Abs(MinL5.55-C60)) +2.9631*(MaxH5.60-MinL5.60+Abs(MaxH5.60-C65)+Abs(MinL5.60-C65)) +2.7515*(MaxH5.65-MinL5.65+Abs(MaxH5.65-C70)+Abs(MinL5.65-C70)) +2.5549*(MaxH5.70-MinL5.70+Abs(MaxH5.70-C75)+Abs(MinL5.70-C75)) +2.3724*(MaxH5.75-MinL5.75+Abs(MaxH5.75-C80)+Abs(MinL5.75-C80)) +2.203*(MaxH5.80-MinL5.80+Abs(MaxH5.80-C85)+Abs(MinL5.80-C85)) +2.0456*(MaxH5.85-MinL5.85+Abs(MaxH5.85-C90)+Abs(MinL5.85-C90)) +1.8995*(MaxH5.90-MinL5.90+Abs(MaxH5.90-C95)+Abs(MinL5.90-C95)) +1.7638*(MaxH5.95-MinL5.95+Abs(MaxH5.95-C100)+Abs(MinL5.95-C100)) +1.6378*(MaxH5.100-MinL5.100+Abs(MaxH5.100-C105)+Abs(MinL5.100-C105)) +1.5209*(MaxH5.105-MinL5.105+Abs(MaxH5.105-C110)+Abs(MinL5.105-C110)) +1.4122*(MaxH5.110-MinL5.110+Abs(MaxH5.110-C115)+Abs(MinL5.110-C115)) +1.3114*(MaxH5.115-MinL5.115+Abs(MaxH5.115-C120)+Abs(MinL5.115-C120)) +1.2177*(MaxH5.120-MinL5.120+Abs(MaxH5.120-C125)+Abs(MinL5.120-C125)) +1.1307*(MaxH5.125-MinL5.125+Abs(MaxH5.125-C130)+Abs(MinL5.125-C130)) +1.0499*(MaxH5.130-MinL5.130+Abs(MaxH5.130-C135)+Abs(MinL5.130-C135)) +.9749*(MaxH5.135-MinL5.135+Abs(MaxH5.135-C140)+Abs(MinL5.135-C140)) +.9053*(MaxH5.140-MinL5.140+Abs(MaxH5.140-C145)+Abs(MinL5.140-C145)) +.8406*(MaxH5.145-MinL5.145+Abs(MaxH5.145-C150)+Abs(MinL5.145-C150)) +.7806*(MaxH5.150-MinL5.150+Abs(MaxH5.150-C155)+Abs(MinL5.150-C155)) +.7248*(MaxH5.155-MinL5.155+Abs(MaxH5.155-C160)+Abs(MinL5.155-C160)) +.6731*(MaxH5.160-MinL5.160+Abs(MaxH5.160-C165)+Abs(MinL5.160-C165)) +.625*(MaxH5.165-MinL5.165+Abs(MaxH5.165-C170)+Abs(MinL5.165-C170)) +.5803*(MaxH5.170-MinL5.170+Abs(MaxH5.170-C175)+Abs(MinL5.170-C175)) +.5389*(MaxH5.175-MinL5.175+Abs(MaxH5.175-C180)+Abs(MinL5.175-C180)) +.5004*(MaxH5.180-MinL5.180+Abs(MaxH5.180-C185)+Abs(MinL5.180-C185)) +.4647*(MaxH5.185-MinL5.185+Abs(MaxH5.185-C190)+Abs(MinL5.185-C190)) +.4315*(MaxH5.190-MinL5.190+Abs(MaxH5.190-C195)+Abs(MinL5.190-C195)) +.4006*(MaxH5.195-MinL5.195+Abs(MaxH5.195-C200)+Abs(MinL5.195-C200)) +.372*(MaxH5.200-MinL5.200+Abs(MaxH5.200-C205)+Abs(MinL5.200-C205)) +.3455*(MaxH5.205-MinL5.205+Abs(MaxH5.205-C210)+Abs(MinL5.205-C210)) +.3208*(MaxH5.210-MinL5.210+Abs(MaxH5.210-C215)+Abs(MinL5.210-C215)) +.2979*(MaxH5.215-MinL5.215+Abs(MaxH5.215-C220)+Abs(MinL5.215-C220)) +.2766*(MaxH5.220-MinL5.220+Abs(MaxH5.220-C225)+Abs(MinL5.220-C225)) +.2568*(MaxH5.225-MinL5.225+Abs(MaxH5.225-C230)+Abs(MinL5.225-C230)) +.2385*(MaxH5.230-MinL5.230+Abs(MaxH5.230-C235)+Abs(MinL5.230-C235)) +.2215*(MaxH5.235-MinL5.235+Abs(MaxH5.235-C240)+Abs(MinL5.235-C240)) +.2056*(MaxH5.240-MinL5.240+Abs(MaxH5.240-C245)+Abs(MinL5.240-C245)) +.1909*(MaxH5.245-MinL5.245+Abs(MaxH5.245-C250)+Abs(MinL5.245-C250)) +.1773*(MaxH5.250-MinL5.250+Abs(MaxH5.250-C255)+Abs(MinL5.250-C255)) +.1646*(MaxH5.255-MinL5.255+Abs(MaxH5.255-C260)+Abs(MinL5.255-C260)) +.1529*(MaxH5.260-MinL5.260+Abs(MaxH5.260-C265)+Abs(MinL5.260-C265)) +.142*(MaxH5.265-MinL5.265+Abs(MaxH5.265-C270)+Abs(MinL5.265-C270)) +.1318*(MaxH5.270-MinL5.270+Abs(MaxH5.270-C275)+Abs(MinL5.270-C275)) +.1224*(MaxH5.275-MinL5.275+Abs(MaxH5.275-C280)+Abs(MinL5.275-C280)) +.1137*(MaxH5.280-MinL5.280+Abs(MaxH5.280-C285)+Abs(MinL5.280-C285)) +.1055*(MaxH5.285-MinL5.285+Abs(MaxH5.285-C290)+Abs(MinL5.285-C290)) +.098*(MaxH5.290-MinL5.290+Abs(MaxH5.290-C295)+Abs(MinL5.290-C295)) +.091*(MaxH5.295-MinL5.295+Abs(MaxH5.295-C300)+Abs(MinL5.295-C300)) +.0845*(MaxH5.300-MinL5.300+Abs(MaxH5.300-C305)+Abs(MinL5.300-C305)) +.0785*(MaxH5.305-MinL5.305+Abs(MaxH5.305-C310)+Abs(MinL5.305-C310)) +.0729*(MaxH5.310-MinL5.310+Abs(MaxH5.310-C315)+Abs(MinL5.310-C315)) ) / 2 )
Negative 14-week DI:
( 7.2105*(MinL5.5-MinL5.0)*(MaxH5.0-MaxH5.5<MinL5.5-MinL5.0)*(MinL5.0<MinL5.5) +6.6955*(MinL5.10-MinL5.5)*(MaxH5.5-MaxH5.10<MinL5.10-MinL5.5)*(MinL5.5<MinL5.10) +6.2172*(MinL5.15-MinL5.10)*(MaxH5.10-MaxH5.15<MinL5.15-MinL5.10)*(MinL5.10<MinL5.15) +5.7731*(MinL5.20-MinL5.15)*(MaxH5.15-MaxH5.20<MinL5.20-MinL5.15)*(MinL5.15<MinL5.20) +5.3608*(MinL5.25-MinL5.20)*(MaxH5.20-MaxH5.25<MinL5.25-MinL5.20)*(MinL5.20<MinL5.25) +4.9779*(MinL5.30-MinL5.25)*(MaxH5.25-MaxH5.30<MinL5.30-MinL5.25)*(MinL5.25<MinL5.30) +4.6223*(MinL5.35-MinL5.30)*(MaxH5.30-MaxH5.35<MinL5.35-MinL5.30)*(MinL5.30<MinL5.35) +4.2921*(MinL5.40-MinL5.35)*(MaxH5.35-MaxH5.40<MinL5.40-MinL5.35)*(MinL5.35<MinL5.40) +3.9856*(MinL5.45-MinL5.40)*(MaxH5.40-MaxH5.45<MinL5.45-MinL5.40)*(MinL5.40<MinL5.45) +3.7009*(MinL5.50-MinL5.45)*(MaxH5.45-MaxH5.50<MinL5.50-MinL5.45)*(MinL5.45<MinL5.50) +3.4365*(MinL5.55-MinL5.50)*(MaxH5.50-MaxH5.55<MinL5.55-MinL5.50)*(MinL5.50<MinL5.55) +3.1911*(MinL5.60-MinL5.55)*(MaxH5.55-MaxH5.60<MinL5.60-MinL5.55)*(MinL5.55<MinL5.60) +2.9631*(MinL5.65-MinL5.60)*(MaxH5.60-MaxH5.65<MinL5.65-MinL5.60)*(MinL5.60<MinL5.65) +2.7515*(MinL5.70-MinL5.65)*(MaxH5.65-MaxH5.70<MinL5.70-MinL5.65)*(MinL5.65<MinL5.70) +2.5549*(MinL5.75-MinL5.70)*(MaxH5.70-MaxH5.75<MinL5.75-MinL5.70)*(MinL5.70<MinL5.75) +2.3724*(MinL5.80-MinL5.75)*(MaxH5.75-MaxH5.80<MinL5.80-MinL5.75)*(MinL5.75<MinL5.80) +2.203*(MinL5.85-MinL5.80)*(MaxH5.80-MaxH5.85<MinL5.85-MinL5.80)*(MinL5.80<MinL5.85) +2.0456*(MinL5.90-MinL5.85)*(MaxH5.85-MaxH5.90<MinL5.90-MinL5.85)*(MinL5.85<MinL5.90) +1.8995*(MinL5.95-MinL5.90)*(MaxH5.90-MaxH5.95<MinL5.95-MinL5.90)*(MinL5.90<MinL5.95) +1.7638*(MinL5.100-MinL5.95)*(MaxH5.95-MaxH5.100<MinL5.100-MinL5.95)*(MinL5.95<MinL5.100) +1.6378*(MinL5.105-MinL5.100)*(MaxH5.100-MaxH5.105<MinL5.105-MinL5.100)*(MinL5.100<MinL5.105) +1.5209*(MinL5.110-MinL5.105)*(MaxH5.105-MaxH5.110<MinL5.110-MinL5.105)*(MinL5.105<MinL5.110) +1.4122*(MinL5.115-MinL5.110)*(MaxH5.110-MaxH5.115<MinL5.115-MinL5.110)*(MinL5.110<MinL5.115) +1.3114*(MinL5.120-MinL5.115)*(MaxH5.115-MaxH5.120<MinL5.120-MinL5.115)*(MinL5.115<MinL5.120) +1.2177*(MinL5.125-MinL5.120)*(MaxH5.120-MaxH5.125<MinL5.125-MinL5.120)*(MinL5.120<MinL5.125) +1.1307*(MinL5.130-MinL5.125)*(MaxH5.125-MaxH5.130<MinL5.130-MinL5.125)*(MinL5.125<MinL5.130) +1.0499*(MinL5.135-MinL5.130)*(MaxH5.130-MaxH5.135<MinL5.135-MinL5.130)*(MinL5.130<MinL5.135) +.9749*(MinL5.140-MinL5.135)*(MaxH5.135-MaxH5.140<MinL5.140-MinL5.135)*(MinL5.135<MinL5.140) +.9053*(MinL5.145-MinL5.140)*(MaxH5.140-MaxH5.145<MinL5.145-MinL5.140)*(MinL5.140<MinL5.145) +.8406*(MinL5.150-MinL5.145)*(MaxH5.145-MaxH5.150<MinL5.150-MinL5.145)*(MinL5.145<MinL5.150) +.7806*(MinL5.155-MinL5.150)*(MaxH5.150-MaxH5.155<MinL5.155-MinL5.150)*(MinL5.150<MinL5.155) +.7248*(MinL5.160-MinL5.155)*(MaxH5.155-MaxH5.160<MinL5.160-MinL5.155)*(MinL5.155<MinL5.160) +.6731*(MinL5.165-MinL5.160)*(MaxH5.160-MaxH5.165<MinL5.165-MinL5.160)*(MinL5.160<MinL5.165) +.625*(MinL5.170-MinL5.165)*(MaxH5.165-MaxH5.170<MinL5.170-MinL5.165)*(MinL5.165<MinL5.170) +.5803*(MinL5.175-MinL5.170)*(MaxH5.170-MaxH5.175<MinL5.175-MinL5.170)*(MinL5.170<MinL5.175) +.5389*(MinL5.180-MinL5.175)*(MaxH5.175-MaxH5.180<MinL5.180-MinL5.175)*(MinL5.175<MinL5.180) +.5004*(MinL5.185-MinL5.180)*(MaxH5.180-MaxH5.185<MinL5.185-MinL5.180)*(MinL5.180<MinL5.185) +.4647*(MinL5.190-MinL5.185)*(MaxH5.185-MaxH5.190<MinL5.190-MinL5.185)*(MinL5.185<MinL5.190) +.4315*(MinL5.195-MinL5.190)*(MaxH5.190-MaxH5.195<MinL5.195-MinL5.190)*(MinL5.190<MinL5.195) +.4006*(MinL5.200-MinL5.195)*(MaxH5.195-MaxH5.200<MinL5.200-MinL5.195)*(MinL5.195<MinL5.200) +.372*(MinL5.205-MinL5.200)*(MaxH5.200-MaxH5.205<MinL5.205-MinL5.200)*(MinL5.200<MinL5.205) +.3455*(MinL5.210-MinL5.205)*(MaxH5.205-MaxH5.210<MinL5.210-MinL5.205)*(MinL5.205<MinL5.210) +.3208*(MinL5.215-MinL5.210)*(MaxH5.210-MaxH5.215<MinL5.215-MinL5.210)*(MinL5.210<MinL5.215) +.2979*(MinL5.220-MinL5.215)*(MaxH5.215-MaxH5.220<MinL5.220-MinL5.215)*(MinL5.215<MinL5.220) +.2766*(MinL5.225-MinL5.220)*(MaxH5.220-MaxH5.225<MinL5.225-MinL5.220)*(MinL5.220<MinL5.225) +.2568*(MinL5.230-MinL5.225)*(MaxH5.225-MaxH5.230<MinL5.230-MinL5.225)*(MinL5.225<MinL5.230) +.2385*(MinL5.235-MinL5.230)*(MaxH5.230-MaxH5.235<MinL5.235-MinL5.230)*(MinL5.230<MinL5.235) +.2215*(MinL5.240-MinL5.235)*(MaxH5.235-MaxH5.240<MinL5.240-MinL5.235)*(MinL5.235<MinL5.240) +.2056*(MinL5.245-MinL5.240)*(MaxH5.240-MaxH5.245<MinL5.245-MinL5.240)*(MinL5.240<MinL5.245) +.1909*(MinL5.250-MinL5.245)*(MaxH5.245-MaxH5.250<MinL5.250-MinL5.245)*(MinL5.245<MinL5.250) +.1773*(MinL5.255-MinL5.250)*(MaxH5.250-MaxH5.255<MinL5.255-MinL5.250)*(MinL5.250<MinL5.255) +.1646*(MinL5.260-MinL5.255)*(MaxH5.255-MaxH5.260<MinL5.260-MinL5.255)*(MinL5.255<MinL5.260) +.1529*(MinL5.265-MinL5.260)*(MaxH5.260-MaxH5.265<MinL5.265-MinL5.260)*(MinL5.260<MinL5.265) +.142*(MinL5.270-MinL5.265)*(MaxH5.265-MaxH5.270<MinL5.270-MinL5.265)*(MinL5.265<MinL5.270) +.1318*(MinL5.275-MinL5.270)*(MaxH5.270-MaxH5.275<MinL5.275-MinL5.270)*(MinL5.270<MinL5.275) +.1224*(MinL5.280-MinL5.275)*(MaxH5.275-MaxH5.280<MinL5.280-MinL5.275)*(MinL5.275<MinL5.280) +.1137*(MinL5.285-MinL5.280)*(MaxH5.280-MaxH5.285<MinL5.285-MinL5.280)*(MinL5.280<MinL5.285) +.1055*(MinL5.290-MinL5.285)*(MaxH5.285-MaxH5.290<MinL5.290-MinL5.285)*(MinL5.285<MinL5.290) +.098*(MinL5.295-MinL5.290)*(MaxH5.290-MaxH5.295<MinL5.295-MinL5.290)*(MinL5.290<MinL5.295) +.091*(MinL5.300-MinL5.295)*(MaxH5.295-MaxH5.300<MinL5.300-MinL5.295)*(MinL5.295<MinL5.300) +.0845*(MinL5.305-MinL5.300)*(MaxH5.300-MaxH5.305<MinL5.305-MinL5.300)*(MinL5.300<MinL5.305) +.0785*(MinL5.310-MinL5.305)*(MaxH5.305-MaxH5.310<MinL5.310-MinL5.305)*(MinL5.305<MinL5.310) +.0729*(MinL5.315-MinL5.310)*(MaxH5.310-MaxH5.315<MinL5.315-MinL5.310)*(MinL5.310<MinL5.315) ) / (( 7.2105*(MaxH5.0-MinL5.0+Abs(MaxH5.0-C5)+Abs(MinL5.0-C5)) +6.6955*(MaxH5.5-MinL5.5+Abs(MaxH5.5-C10)+Abs(MinL5.5-C10)) +6.2172*(MaxH5.10-MinL5.10+Abs(MaxH5.10-C15)+Abs(MinL5.10-C15)) +5.7731*(MaxH5.15-MinL5.15+Abs(MaxH5.15-C20)+Abs(MinL5.15-C20)) +5.3608*(MaxH5.20-MinL5.20+Abs(MaxH5.20-C25)+Abs(MinL5.20-C25)) +4.9779*(MaxH5.25-MinL5.25+Abs(MaxH5.25-C30)+Abs(MinL5.25-C30)) +4.6223*(MaxH5.30-MinL5.30+Abs(MaxH5.30-C35)+Abs(MinL5.30-C35)) +4.2921*(MaxH5.35-MinL5.35+Abs(MaxH5.35-C40)+Abs(MinL5.35-C40)) +3.9856*(MaxH5.40-MinL5.40+Abs(MaxH5.40-C45)+Abs(MinL5.40-C45)) +3.7009*(MaxH5.45-MinL5.45+Abs(MaxH5.45-C50)+Abs(MinL5.45-C50)) +3.4365*(MaxH5.50-MinL5.50+Abs(MaxH5.50-C55)+Abs(MinL5.50-C55)) +3.1911*(MaxH5.55-MinL5.55+Abs(MaxH5.55-C60)+Abs(MinL5.55-C60)) +2.9631*(MaxH5.60-MinL5.60+Abs(MaxH5.60-C65)+Abs(MinL5.60-C65)) +2.7515*(MaxH5.65-MinL5.65+Abs(MaxH5.65-C70)+Abs(MinL5.65-C70)) +2.5549*(MaxH5.70-MinL5.70+Abs(MaxH5.70-C75)+Abs(MinL5.70-C75)) +2.3724*(MaxH5.75-MinL5.75+Abs(MaxH5.75-C80)+Abs(MinL5.75-C80)) +2.203*(MaxH5.80-MinL5.80+Abs(MaxH5.80-C85)+Abs(MinL5.80-C85)) +2.0456*(MaxH5.85-MinL5.85+Abs(MaxH5.85-C90)+Abs(MinL5.85-C90)) +1.8995*(MaxH5.90-MinL5.90+Abs(MaxH5.90-C95)+Abs(MinL5.90-C95)) +1.7638*(MaxH5.95-MinL5.95+Abs(MaxH5.95-C100)+Abs(MinL5.95-C100)) +1.6378*(MaxH5.100-MinL5.100+Abs(MaxH5.100-C105)+Abs(MinL5.100-C105)) +1.5209*(MaxH5.105-MinL5.105+Abs(MaxH5.105-C110)+Abs(MinL5.105-C110)) +1.4122*(MaxH5.110-MinL5.110+Abs(MaxH5.110-C115)+Abs(MinL5.110-C115)) +1.3114*(MaxH5.115-MinL5.115+Abs(MaxH5.115-C120)+Abs(MinL5.115-C120)) +1.2177*(MaxH5.120-MinL5.120+Abs(MaxH5.120-C125)+Abs(MinL5.120-C125)) +1.1307*(MaxH5.125-MinL5.125+Abs(MaxH5.125-C130)+Abs(MinL5.125-C130)) +1.0499*(MaxH5.130-MinL5.130+Abs(MaxH5.130-C135)+Abs(MinL5.130-C135)) +.9749*(MaxH5.135-MinL5.135+Abs(MaxH5.135-C140)+Abs(MinL5.135-C140)) +.9053*(MaxH5.140-MinL5.140+Abs(MaxH5.140-C145)+Abs(MinL5.140-C145)) +.8406*(MaxH5.145-MinL5.145+Abs(MaxH5.145-C150)+Abs(MinL5.145-C150)) +.7806*(MaxH5.150-MinL5.150+Abs(MaxH5.150-C155)+Abs(MinL5.150-C155)) +.7248*(MaxH5.155-MinL5.155+Abs(MaxH5.155-C160)+Abs(MinL5.155-C160)) +.6731*(MaxH5.160-MinL5.160+Abs(MaxH5.160-C165)+Abs(MinL5.160-C165)) +.625*(MaxH5.165-MinL5.165+Abs(MaxH5.165-C170)+Abs(MinL5.165-C170)) +.5803*(MaxH5.170-MinL5.170+Abs(MaxH5.170-C175)+Abs(MinL5.170-C175)) +.5389*(MaxH5.175-MinL5.175+Abs(MaxH5.175-C180)+Abs(MinL5.175-C180)) +.5004*(MaxH5.180-MinL5.180+Abs(MaxH5.180-C185)+Abs(MinL5.180-C185)) +.4647*(MaxH5.185-MinL5.185+Abs(MaxH5.185-C190)+Abs(MinL5.185-C190)) +.4315*(MaxH5.190-MinL5.190+Abs(MaxH5.190-C195)+Abs(MinL5.190-C195)) +.4006*(MaxH5.195-MinL5.195+Abs(MaxH5.195-C200)+Abs(MinL5.195-C200)) +.372*(MaxH5.200-MinL5.200+Abs(MaxH5.200-C205)+Abs(MinL5.200-C205)) +.3455*(MaxH5.205-MinL5.205+Abs(MaxH5.205-C210)+Abs(MinL5.205-C210)) +.3208*(MaxH5.210-MinL5.210+Abs(MaxH5.210-C215)+Abs(MinL5.210-C215)) +.2979*(MaxH5.215-MinL5.215+Abs(MaxH5.215-C220)+Abs(MinL5.215-C220)) +.2766*(MaxH5.220-MinL5.220+Abs(MaxH5.220-C225)+Abs(MinL5.220-C225)) +.2568*(MaxH5.225-MinL5.225+Abs(MaxH5.225-C230)+Abs(MinL5.225-C230)) +.2385*(MaxH5.230-MinL5.230+Abs(MaxH5.230-C235)+Abs(MinL5.230-C235)) +.2215*(MaxH5.235-MinL5.235+Abs(MaxH5.235-C240)+Abs(MinL5.235-C240)) +.2056*(MaxH5.240-MinL5.240+Abs(MaxH5.240-C245)+Abs(MinL5.240-C245)) +.1909*(MaxH5.245-MinL5.245+Abs(MaxH5.245-C250)+Abs(MinL5.245-C250)) +.1773*(MaxH5.250-MinL5.250+Abs(MaxH5.250-C255)+Abs(MinL5.250-C255)) +.1646*(MaxH5.255-MinL5.255+Abs(MaxH5.255-C260)+Abs(MinL5.255-C260)) +.1529*(MaxH5.260-MinL5.260+Abs(MaxH5.260-C265)+Abs(MinL5.260-C265)) +.142*(MaxH5.265-MinL5.265+Abs(MaxH5.265-C270)+Abs(MinL5.265-C270)) +.1318*(MaxH5.270-MinL5.270+Abs(MaxH5.270-C275)+Abs(MinL5.270-C275)) +.1224*(MaxH5.275-MinL5.275+Abs(MaxH5.275-C280)+Abs(MinL5.275-C280)) +.1137*(MaxH5.280-MinL5.280+Abs(MaxH5.280-C285)+Abs(MinL5.280-C285)) +.1055*(MaxH5.285-MinL5.285+Abs(MaxH5.285-C290)+Abs(MinL5.285-C290)) +.098*(MaxH5.290-MinL5.290+Abs(MaxH5.290-C295)+Abs(MinL5.290-C295)) +.091*(MaxH5.295-MinL5.295+Abs(MaxH5.295-C300)+Abs(MinL5.295-C300)) +.0845*(MaxH5.300-MinL5.300+Abs(MaxH5.300-C305)+Abs(MinL5.300-C305)) +.0785*(MaxH5.305-MinL5.305+Abs(MaxH5.305-C310)+Abs(MinL5.305-C310)) +.0729*(MaxH5.310-MinL5.310+Abs(MaxH5.310-C315)+Abs(MinL5.310-C315)) ) / 2 )
Jim Dean
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Registered User
Joined: 12/29/2004
Posts: 12
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Jim, Bruce Craig
Thanks all. I will see if I can get this going. If anyone wants to give it a go and report back, know that you will have a very well road-tested pullback screen to work with.
Steve
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Registered User
Joined: 12/29/2004
Posts: 12
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Bruce L
You are correct, it is +/-DI. I did not know there was any difference between DI and DMI.
Steve
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Registered User
Joined: 12/29/2004
Posts: 12
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Craig or Bruce L
In lieu of +/-DI, might I substitute a stochastic, accumulation/distribution, or e.g. BOP? Something ready-made on Telechart. I could then verify that my criteria are met on my Fidelity Active Trader platform. If the list I derived from Telechart was not highly over-inclusive, this process would not be too clunky. But if my list were highly under-inclusive of stocks meeting my criteria, then this would not be the way to go. What indicators that are good-to-go on Telechart would you suggest that I sub for +/- DI??
Steve
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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All of the indicators you list are designed to uncover different things about a stock. The real question I would like you to answer for us is:
What were you hoping to find/uncover with the +/-DI? Why did you want to find this and what were you hoping it would uncover about the stock?
- Craig
Here to Help!
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Registered User
Joined: 12/29/2004
Posts: 12
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Craig,
Know that I am trying to set up a well-tested, propietary pullback screen. There is a CD to set it up on Tradestation, and I just assumed it would be relatively easy to set it up on TeleChart. The pieces make sense to me. For longs: ADX> 30 to establish trending, <4 period sma to screen for pullback, and +DI to find stocks trending up and haven't reversed the trend but are merely pulling back. The buy, for longs is then if the stock resumes the trend by moving up past the prior day high. Does this help to see what I am attempting?
Steve
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Registered User
Joined: 10/7/2004
Posts: 799
Location: Duluth, GA
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Hi, Steve:
Sorry for butting in ... you just asked Craig and Doug for a reply, but maybe I can clear something up.
The DI and ADX formulae are MUCH different than any other indicators available in TC.
The conceptually closest "native" TC function is RSI.
So if you are trying to dup a screen in which the ADX and DI's are key components, then you'll have to use those same components in TC ... along with the delays and awkwardnesses related to their rube goldberg implementation for PCF-ing
I hope this saves you some time ... a search for an equiv of the ADX or DI is pretty fruitless. My basis for this is an "expert understanding" of the math behind and typical application of the indicators in question.
Jim Dean
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Registered User
Joined: 12/29/2004
Posts: 12
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Jim Dean
Thanks for the input. Not, of course, what I wanted to hear, but best to be in contact with reality. Maybe Tradestation is the way to go?
Steve
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Registered User
Joined: 10/7/2004
Posts: 799
Location: Duluth, GA
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A much easier and cheaper route is to stay in the TC universe and simply purchase (or lease) TC-Companion. It links to TC, and offers ADXn.d and DMPn.d and DMMn.d functions. As well as ATR, BOLU and BOLL, etc etc. Google for TC-Companion, or for TRaids.
Jim Dean
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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BTW, you may enjoy this method of finding pullbacks:
EasyScan for stocks pulling back from an uptrend
It finds only a few stocks and you can visually check the ADX on them.
- Craig
Here to Help!
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