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Registered User
Joined: 2/13/2005
Posts: 368
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I cant decyper the Worden Report for 030708. What exactly does the formula C C3 do?? I also couldn't get the CC3 to work in the percent true indicator where he says to insert that formula into the boolean formula segment. Any help would be appreciated. Thanks.
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Registered User
Joined: 3/21/2006
Posts: 4,308
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Thekubiaks, start a new template with a nine day time frame on price. in the middle window add this percent true indicator - c<c1andc1<c2andc2>c3
When the indicator gets a hit then wait to see if the next nine day price bar is 2% or more lower in price then the previous one. if it is then buy the stock and sell at the open of the next nine day bar.
He is saying that you will take some losses, but your gains will out way the losses. I have been looking at this and on the surfice it has merit.
Good luck.
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Registered User
Joined: 2/13/2005
Posts: 368
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THANKS  , I'm going to try and understand how the Percent True function works and then try to program this into Tradestation. Regards.
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Registered User
Joined: 2/13/2005
Posts: 368
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Apsll,
My mind must be going......but could you please explain what the criteria (C C3) does????? it has to be a typo, the formula doesn't make sense. Thanks
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Administration
Joined: 9/30/2004
Posts: 9,187
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It has been corrected in the report. If you update again you'll get the corrections.
C C3 should have been C2>C3.
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Registered User
Joined: 2/13/2005
Posts: 368
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THANKS, I tried to make sense of that formula (C C3) but it activated my "Helmet fire" suppression system several times. C2 > C3 makes more sense....
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Registered User
Joined: 1/28/2005
Posts: 6,049
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More ideas can be found here:
Thanks
diceman
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Registered User
Joined: 5/12/2007
Posts: 5
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Registered User
Joined: 5/12/2007
Posts: 5
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For the beginners... how does one set the chart to be a 9 day period? Thanks!
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Registered User
Joined: 1/28/2005
Posts: 6,049
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See my answer here:
Thanks
diceman
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Registered User
Joined: 3/21/2006
Posts: 4,308
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Amy, bellow is a visual of how to select the time frame that you wish to display. There is a drop down menu that is easy to access.
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Administration
Joined: 9/30/2004
Posts: 9,187
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You can also just press the number 9 on your keyboard for a 9-day chart.
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