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any PCF for Bull flag? Rate this Topic:
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airsakuragi
Posted : Thursday, August 16, 2018 2:09:48 PM
Registered User
Joined: 4/26/2018
Posts: 84

hi, 

does anyone on have a pcf for Bullflag being used on intraday 1 Min time frame.

thanks in advance

Bruce_L
Posted : Thursday, August 16, 2018 2:34:33 PM


Worden Trainer

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

I am assuming you have already tried changing the time frame of the condition based on the formula you had to 1-minute in the scan or WatchList column where it is being used?

Bull Flag scanner for intraday

You may wish to review the following for information on pattern recognition in TC2000 (the topics mentioning flags and pennants will be most on target and Finding Continuation Triangles And Wedges With Telechart being the most popular):

Falling wedge
Cup with a handle formation
PCF for cup with a handle
Scanning for Chart Patterns
Scanning for Stocks Printing a Double or Triple Bottom
PCFs for pennants and flags
PCF's for Triangles
Does TeleChart support Elliott Wave indicators?
Double top/bottom trend
Finding Double Tops and Double Bottoms
CUP AND HANDLE AGAIN
Finding Continuation Triangles And Wedges With Telechart
Cup & Handle PCF
Double tops and bottoms
Flag wedge and pennant pcf
05/01/2012 Webinar: Trading the Flag and Pennant Patterns

That said, I personally do not think complex pattern recognition is practical in TC2000 using formulas and Scans.

They are at the very least beyond my abilities to help you create without a specific unambiguous objective definition of what you are attempting to identify. It can't be an I know it when I see it type of definition or be based entirely on an image.

This is true of pattern recognition in general with the exception of fixed size candlestick patterns, which are fairly straightforward as long as the pattern is well defined:

Boolean PCFs for Candlestick Patterns



-Bruce
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