| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 3/4/2005
Posts: 13
|
Is there a wait to write formulas for actual weekly candlesticks rather than just 5 days out versus 10 days out?
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
All multi-bars in TeleChart are based on X days per bar. Weekly are 5-day bars. It is not based on calendar weeks and every bar represents the same number of days of trading.
I do not know of a way to create calendar week Personal Criteria Formulas that does not involve manually adjusting the dates on a days ago parameters in the PCF each day. You may wish to review the following:
Weekly candle PCF
PCF Formula Descriptions
This type of Calendar Week analysis is fairly straightforward in Blocks.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 3/4/2005
Posts: 13
|
Thanks, Bruce- I can get along with knowing the how the 5-day bars work. However, I am trying to write a scan for having 3 5-day bars in a row that are down (that is the high of each 5-day bar is lower than the previous) and the current 5-day bar has just today broken out above the previous 5-day bar. I'm close but for some reason not getting a consistent result. With some of these that show up the breakout occured 5-10 days ago. I am pasting the two scans I am putting together for this below- any suggestions?
This PCF is supposed to show the 3 weeks down with this week breaking out
MAXH10.6 < MAXH15.11 AND MAXH15.11 < MAXH20.16 AND MAXH20.16 < MAXH 25.21 AND MAXH5.1 > MAXH10.6
I also put this scan PCF in the Easy scan. It is supposed to show that it had not broken out yesterday
MAXH11.7 < MAXH16.12 AND MAXH16.12 < MAXH21.17 AND MAXH21.17 < MAXH 26.22 AND MAXH6.2 < MAXH11.7
Thanks again,
Steve
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
I'm the exact opposite of a Candlestick export, but please try the following:
C > MAXH5.5 AND MAXH5.5 < MAXH5.10 AND MAXH5.10 < MAXH5.15 AND MAXH5.15 < MAXH5.20
We can adjust the formula based on your objective feedback. You may wish to review the following:
How to create a Personal Criteria Forumula (PCF)
Boolean PCFs for Candlestick Patterns
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
|
Guest-1 |