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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » Bear Flag Pullback

Bear Flag Pullback Rate this Topic:
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bobbaron
Posted : Monday, August 29, 2016 10:57:31 AM
Gold Customer Gold Customer

Joined: 3/6/2005
Posts: 110

I'd like the formula for a bear flag where there a three days with a higher lows for each of the days (stock looks like its in an uptrend) and then the stock will make a low, lower than the third day to indicate the stock may be changing trend. Daily please. Thanks. 
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Bruce_L
Posted : Monday, August 29, 2016 11:08:18 AM


Worden Trainer

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

If all you want is three higher lows followed by a lower low.

L < L1 AND L1 > L2 AND L2 > L3 AND L3 > L4

How to create and save a Condition (PCF) Formula


-Bruce
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