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endsley
Posted : Sunday, June 29, 2008 6:38:42 PM
Registered User
Joined: 3/15/2008
Posts: 45
 I'm looking to analyze price bar spreads and want to know if you can write a pcf for:

today's price bar is at least 50% longer than the price bars for previous 5 days.

Thanks
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Bruce_L
Posted : Monday, June 30, 2008 10:28:24 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 If you want it to be 50% larger than the average range, please try the following:

H - L >= 1.5 * (AVGH5.1 - AVGL5.1) AND H > L

If you want it to be 50% larger than the maximum range, please try the following instead:

H - L >= 1.5 * (H1 - L1) AND H - L >= 1.5 * (H2 - L2) AND H - L >= 1.5 * (H3 - L3) AND H - L >= 1.5 * (H4 - L4) AND H - L >= 1.5 * (H5 - L5) AND H > L

You may wish to review the following:

PCF Formula Descriptions
How to create a Personal Criteria Forumula (PCF)
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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