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PCF for finding 3 and two week pendants Rate this Topic:
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duketrade
Posted : Sunday, September 2, 2007 5:46:11 PM
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Joined: 11/14/2006
Posts: 6
 I'm playing with a PCF thata I'm hoping will help me spot symetrical pendants and consolidation. My three week formula is:

(MAXH5.15 >= MAXH5.10 >= MAXH5.5) AND (MINL5.15 <= MINL5.10 <= MINL5.5)

I'm attempting to tell the computer to find stocks where the max 5 day high 15 days ago is greater than the max 5 day 10 days ago and the max 5 day high for the last 10 days is greater than the max 5 day high for the latest 5 days. The min portion is the inverse.

I am getting resulting charts, but not all look like what I was expecting. Can anyone tell me if my formula is correct?
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diceman
Posted : Monday, September 3, 2007 3:25:55 AM
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Joined: 1/28/2005
Posts: 6,049
 You need an "AND" between each pair
of conditions:


(MAXH5.15>=MAXH5.10ANDMAXH5.10>=MAXH5.5)AND(MINL5.15<=MINL5.10ANDMINL5.10<=MINL5.5)


(I did not test it)


Thanks
diceman
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