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what is pcf for a gap up TODAY? Rate this Topic:
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toddpond
Posted : Monday, March 23, 2009 10:44:28 AM
Registered User
Joined: 10/7/2004
Posts: 5
Bruce_L
Posted : Monday, March 23, 2009 10:50:30 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Welcome to the forums. A very good foundation for learning how to use TeleChart can be gained by reviewing the following:

If you are new to TeleChart READ THIS FIRST!

While there are three possibilities in fairly common use for "gapped up today". You can compare the current Open to the previous Close:

O > C1

Or you could compare the current Open to the previous High

O > H1

The most common usage however compares the current Low to the previous High:

L > H1

You may wish to review the following:

How to create a Personal Criteria Forumula (PCF)
PCF Formula Descriptions

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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