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mjwilt
Posted : Tuesday, February 5, 2008 9:07:30 PM
Registered User
Joined: 2/8/2007
Posts: 39
If I run this PCF it will only sort daily data

STOC17.3 > 50 AND ABS(((STOC17.3 + STOC8.5 + STOC5.3) / 3) - STOC17.3) < 3

How would you have to write this or what functionality of the software is available to allow you to scan for weekly or other timeframes?

What am I missing?

Thanks again
diceman
Posted : Tuesday, February 5, 2008 11:47:27 PM
Registered User
Joined: 1/28/2005
Posts: 6,049
The simplest method would be to create a
custom indicator (percent true). Make you chart
a weekly time frame.
 
Click on the indicator and choose sort by actual
value.
 
(for other time frames choose other bar lengths)
 
 
You may be interested in this:
 
 
 
 
Thanks
diceman
mjwilt
Posted : Wednesday, February 6, 2008 6:29:44 AM
Registered User
Joined: 2/8/2007
Posts: 39
That's a good idea but I want to put the PCF in a column  under a tab on the lefthand side.

Thanks.
Bruce_L
Posted : Wednesday, February 6, 2008 9:36:58 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
mjwilt,
Your particular formula:

STOC17.3 > 50 AND ABS(((STOC17.3 + STOC8.5 + STOC5.3) / 3) - STOC17.3) < 3

Can be converted to a Weekly Personal Criteria Formula as follows:

(STOC85 + STOC85.1.5 + STOC85.1.10) / 3 > 50 AND ABS(((STOC40 + STOC40.1.5 + STOC40.1.10 + STOC40.1.15 + STOC40.1.20) / 5 + (STOC25 + STOC25.1.5 + STOC25.1.10 - 2 * (STOC85 + STOC85.1.5 + STOC85.1.10)) / 3) / 3) < 3

If you are converting formulas based entirely on the Open, High, Low, Close and Volumes of weekly bars, yes. I'll put the daily version followed by the weekly equivalent:

For the Open, multiply the days ago parameter by 5 and add 4 to get the weekly version.

O = O4
O1 = O9
O2 = O14

For the High, H is replaced by MAXH5 and if there is a days ago parameter in the daily version, multiply it by 5 and separate it from MAXH5 with a '.'.

H = MAXH5
H1 = MAXH5.5
H2 = MAXH5.10

The Low is treated very much like the High. L is replaced by MINL5 and if there is a days ago parameter in the daily version, multiply it by 5 and separate it from MINL5 with a '.'.

L = MINL5
L1 = MINL5.5
L2 = MINL5.10

The Close is probably the simplest. Just multiply the days ago parameter in the daily version by 5 to get the weekly version.

C = C
C1 = C5
C2 = C10

Volume is an interesting case. To get the actual Volume for a weekly bar (in Blocks of 100), you would need to multiply the Average Volume by 5. So V would be replaced by AVGV5 and if there is a days ago parameter in the daily version, multiply it by 5 and separate it from MINL5 with a '.' just like with the High and Low. But add *5 to the end of each weekly version whether or not there is a days ago parameter.

V = AVGV5*5
V1 = AVGV5.5*5
V2 = AVGV5.10*5

That said, if you are just comparing one Volume to another, there really isn't a reason to multiply it by 5 at all:

AVGV5*5 > AVGV5.5*5

Will return the same result as:

AVGV5 > AVGV5.5

Things can get a lot more complicated for weekly versions of some indicators. In same cases, it is not possible to write a weekly version (a weekly TSV for example). You may wish to review the following:

How to create a Personal Criteria Forumula (PCF)
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
Customize the Information Displayed in the WatchList

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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