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Buy/Sell Signal PCF in Worden Report dated February 1, 2008 Topic Rating:
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scubabill
Posted : Friday, February 1, 2008 10:15:49 PM
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Joined: 11/3/2005
Posts: 1
I am trying to implement the buy and sell signal PCF submitted by Sir Geologist, printed in The Worden Report of February 1 and I am getting syntax errors.  The formulas as they appear are the followingl;

Buy Signal

(STOC3.2 > AVG(STOC3.2,3)) AND (STOC8.3 > AVG(STOC8.3,3)) AND (STOC12.3 > AVG(STOC12.3,3)) AND (STOC12.3 < 65) AND (STOC30.4 > AVG(STOC30.4,5)) AND (TSV17 > AVG(TSV17,10)) AND (AVGC20.2 < AVGC20.1 AND (AVGC20.1 < AVGC20)

Sell Signal

(STOC3.2 < AVG(STOC3.2,3)) AND (STOC8.3 < AVG(STOC8.3,3)) AND (STOC12.3 < AVG(STOC12.3,3)) AND (STOC12.3 < 68) AND (STOC30.4 < AVG(STOC30.4,5)) AND (STOC30.4 < 69) AND (TSV17 < AVG(TSV17,10))

I tried replacing the comma with period for those function that used data other than todays data, but that didn't work.

Please let me know since I am very interested in using them.

Thanks,

Bill
Orlando, FL
StockGuy
Posted : Friday, February 1, 2008 10:20:50 PM

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Joined: 9/30/2004
Posts: 9,187
Remove the ( before AVGC20.2 in the first  formula. The second formula is fine.
diceman
Posted : Friday, February 1, 2008 11:34:18 PM
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Joined: 1/28/2005
Posts: 6,049
These "worked" in my machine:
(copied directly from the report)
 
 
 
(STOC3.2 > AVG(STOC3.2,3))  AND (STOC8.3 > AVG(STOC8.3,3)) AND (STOC12.3 > AVG(STOC12.3,3)) AND (STOC12.3 < 65) AND (STOC30.4 > AVG(STOC30.4,5)) AND (TSV17 > AVG(TSV17,10)) AND (AVGC20.2 < AVGC20.1) AND (AVGC20.1 < AVGC20)
 
 
(STOC3.2 < AVG(STOC3.2,3)) AND (STOC8.3 < AVG(STOC8.3,3)) AND (STOC12.3 < AVG(STOC12.3,3)) AND (STOC12.3 < 68) AND (STOC30.4 < AVG(STOC30.4,5)) AND (STOC30.4 < 69) AND (TSV17 < AVG(TSV17,10))
 
 
Realize that you must create a percent true indicator.
 
 
Thanks
diceman
 
 
 
ward1
Posted : Saturday, February 2, 2008 7:28:59 PM
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Joined: 12/27/2006
Posts: 36

I have a question reguarding the PCF submitted by Sir Geologist in The Worden Report of February 1

Has anyone set this PCF as a % true indicator?

B) Basic SELL formula is:

(STOC3.2 < AVG(STOC3.2,3)) AND (STOC8.3 < AVG(STOC8.3,3)) AND (STOC12.3 < AVG(STOC12.3,3)) AND (STOC12.3 < 68) AND (STOC30.4 < AVG(STOC30.4,5)) AND (STOC30.4 < 69) AND (TSV17 < AVG(TSV17,10))

The % True indicator is giving buy signals, rather than a sell signals.

Thank You,
ward1
diceman
Posted : Saturday, February 2, 2008 11:41:31 PM
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Joined: 1/28/2005
Posts: 6,049
ward1
 
I could be wrong as I have not spent a lot of time
looking at these or reading the report.
 
To my eye this looks like it is indicating weakness.
(so my guess would be the other indicates strength)
 
Weakness tends to look smart (a good sell) when a
down trend starts. Weakness tends to look better
as a buy when a strong up-trend is in place.
(trend/counter trend trading)
 
 
Notice on a symbol like DRYS.
 
The second June 07 and August 07 triggers look like
good buys. (weakness in a up-trend)
 
The triggers in November and December 07 look better
as sells. (a real down trend develops)
 
 
Thanks
diceman
 
 
ward1
Posted : Sunday, February 3, 2008 12:49:20 AM
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Joined: 12/27/2006
Posts: 36

Diceman,

Thank you for your response.

 

I am still in my learning phase and have a long way to go.

 

I understand what you are saying.

 

Although the above % True indicator does spike at many

 

bottoms with reversals and I think could be useful for a

 

bottom confirmation.

 

Thank You,

Ward1

gburris
Posted : Monday, February 25, 2008 9:00:44 PM
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Joined: 12/23/2007
Posts: 1
please check the following pcf as i have repeatedly gotten syntax error:  
(XAVGC34<XAVGC55) AND (XAVGC21<XAVGC34) AND (XAVGC13<XAVGC21) AND (XAVGC2>=XAVGC8)

THANKS, GBURRIS
diceman
Posted : Monday, February 25, 2008 9:45:01 PM
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Joined: 1/28/2005
Posts: 6,049
" please check the following pcf as i have repeatedly gotten syntax error:  
(XAVGC34<XAVGC55) AND (XAVGC21<XAVGC34) AND (XAVGC13<XAVGC21) AND (XAVGC2>=XAVGC8)

THANKS, GBURRIS"
----------------------------------------------------------------------
 
It worked on my machine.
 
Realize that if you are creating a custom indicator.
It must be a percent true type.
 
Realize also if it says false on the test symbol. It
is not an error.
(it just means it is false for that symbol)
 
 
 
Thanks
diceman
anauel63
Posted : Friday, August 22, 2008 11:14:13 PM
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Joined: 6/17/2008
Posts: 33
hi guys, before i type this formula from sir geologist into the tcnet, did anyone of you added the complimentary conditions like: a positive(long-up) of 2-6 weeks or more(stoc 30.4>avg(stoc30.4,5))and(tsv17>avg(tsv17,10))    then, a positive( long-up)of 1-3 weeks :(stoc8.3>avg(stoc8.3,3))and(stoc12.3>avg(stoc12.3,3))and(stoc12.3<65), then, a positve (long-up)of1-6 days:(stoc3.2>avg(stoc3.2,3)) altogether with the buy signal formula? thx 4 response!        
anauel63
Posted : Friday, August 22, 2008 11:45:04 PM
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Joined: 6/17/2008
Posts: 33
and please, tell me wich indicators are to suit this formula?thx
anauel63
Posted : Saturday, August 23, 2008 12:48:39 AM
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Joined: 6/17/2008
Posts: 33

felows,sometimes when you click on the "test" button to verify if the formula is right, it says "results:false"; does it means the formula is wrong even know its matching the formula clipboard?

BullHorn
Posted : Wednesday, November 26, 2008 11:14:50 AM
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Joined: 10/7/2004
Posts: 35
Nope,
False means that it does not ring TRUE... Meaning False.... as if 1+1=3...........FALSE....
or 1+1=2.........TRUE...
kshere75
Posted : Sunday, November 30, 2008 12:41:20 PM
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Joined: 6/8/2007
Posts: 31
How to Post graph I see important for viewers and my observations on it
diceman
Posted : Sunday, November 30, 2008 1:34:21 PM
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Joined: 1/28/2005
Posts: 6,049
"How to Post graph I see important for viewers and my observations on it"
 
 
See this:
 
 
 
 
 
Thanks
diceman
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