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Youngamerican
Posted : Friday, November 7, 2008 9:57:55 AM
Registered User
Joined: 10/7/2004
Posts: 33
 Hi, 
     Could i get some help on a pcf that measures the range from the low to the high of a designted range so that I may then sort symbols by the distance from the low to the high on that designated time period.  For example, I would like a to create a custom indicator so that I may sort symbols showing their low to high range for say the last 10 minutes so that the ones with the biggest range show up at the top.  Is this possible.

thanks,
Paul
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Bruce_L
Posted : Friday, November 7, 2008 10:40:10 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 You can do so using an Indicator Sort on a Custom Indicator with the exact same caveats that applied in Intraday Relative Strength because Personal Criteria Formulas only use Daily data. On a 10-Minute Chart the formula would just be:

H - L

On a 1-Minute Chart the Formula would be:

MAXH10 - MINL10

It should probably be noted that range frequently has as much to do with the Price of a stock as with its volatility.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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