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JustJewels
Posted : Tuesday, August 15, 2017 1:44:18 PM
Registered User
Joined: 7/8/2008
Posts: 14

Hi,

How to write Price High for 6 weeks is below the zero line of 1,50,1 PPO.

 

Thanks!

 

Bruce_L
Posted : Tuesday, August 15, 2017 2:10:21 PM


Worden Trainer

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

I don't know of a way to check for price high for 6 weeks being below the zero line of the PPO because they are on different scales.

Checking for an exponential weekly PPO 1, 50 being below the zero line of the PPO for at least 6 weeks can be written as follows in TC2000 v17 (using a weekly time frame).

MAX(100 * (C / XAVGC50 - 1), 6) < 0

Or as follows:

100 * (MAX(C / XAVGC50, 6) - 1) < 0

Or as follows:

TrueInRow(C < XAVGC50, 6) = 6

This last version of the formula could be written as follows in earlier versions of TC2000, but converting the other forms would result in formulas which are too long and slow to be practical or post in the forums.

C < XAVGC50 AND C1 < XAVGC50.1 AND C2 <= XAVGC50.2 AND C3 < XAVGC50.3 AND C4 < XAVGC50.4 AND C5 < XAVGC50.5

If it is a daily time frame, then you would need to change the period used fro 6 to 30.

MAX(100 * (C / XAVGC50 - 1), 30) < 0



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
JustJewels
Posted : Tuesday, August 15, 2017 2:43:41 PM
Registered User
Joined: 7/8/2008
Posts: 14

I didn't realize I created two topics!  But that worked like a charm.  Thanks Bruce!!

Bruce_L
Posted : Tuesday, August 15, 2017 2:44:26 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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