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Candlestick range PCF's...request for assistance Rate this Topic:
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pacific
Posted : Tuesday, October 24, 2006 1:10:49 PM
Gold Customer Gold Customer

Joined: 3/22/2005
Posts: 17
I am a candlestick trader and would like some help creating a few PCF's that involve the range of the BODY of the candle (Open to Close) NOT the range of the entire candle...

1. Close of day 2 within the range of the Body (open to close) of day 1

2. Range of the Body (open to close) of day 2 within the range of the Body (open to close) of day 1

3. Close of day 2 within the upper 75% of the Body (open to close) of day 1

Thank you very much for your assistance.

LD
Craig_S
Posted : Tuesday, October 24, 2006 1:33:43 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
I assume Day 1 is yesterday and Day 2 is today....

Close of day 2 within the range of the Body (open to close) of day 1

(ABS(C1>O1)*C1)+(ABS(C1<=O1)*O1)=>C AND (ABS(C1<O1)*C1)+(ABS(C1>=O1)*O1)=<C

Range of the Body (open to close) of day 2 within the range of the Body (open to close) of day 1

(ABS(C1>O1)*C1)+(ABS(C1<=O1)*O1)>= (ABS(C>O)*C)+(ABS(C<=O)*O) AND (ABS(C1<O1)*C1)+(ABS(C1>=O1)*O1)<= (ABS(C<O)*C)+(ABS(C>=O)*O)

Close of day 2 within the upper 75% of the Body (open to close) of day 1

C<(ABS(C1>O1)*C1)+(ABS(C1<=O1)*O1) AND
C>=0.75*((ABS(C1>O1)*C1)+(ABS(C1<=O1)*O1)- (ABS(C1<O1)*C1)+(ABS(C1>=O1)*O1))+ (ABS(C1<O1)*C1)+(ABS(C1>=O1)*O1)

- Craig
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