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Jow
Posted : Wednesday, February 24, 2010 3:10:23 PM
Registered User
Joined: 10/7/2004
Posts: 5
I would like to have an indicator that would graph all Bullish Engulfing candles, for all the SP-500 stocks, over time.  It seems Peter Worden showed a methed on a video but I can't find the video.  Any help would be appreciated if you know how to do this.
StockGuy
Posted : Wednesday, February 24, 2010 5:48:23 PM

Administration

Joined: 9/30/2004
Posts: 9,187
Add the Bullish Engulfing condition to your chart.  Then right click on the condition bubble and select Create Market Indicator.  Select the Standard and Poors 500 watchlist and click Next.  Select "Count Passing" then click Next.  Set the number of bars you want to calculate (how far back the market indicator will plot) and set the Recalc frequency.  Then click Finish.
Jow
Posted : Wednesday, February 24, 2010 6:50:39 PM
Registered User
Joined: 10/7/2004
Posts: 5
Thanks. That works perfect.
andy07
Posted : Monday, June 28, 2010 6:26:05 PM
Registered User
Joined: 5/17/2010
Posts: 22
I have a question on bullish engulfing PCF.  I made a PCF and ran a scan but the Bullish engulfing shows on stocks four days ago, I want to see them as today.


Andy
Bruce_L
Posted : Tuesday, June 29, 2010 8:53:22 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
andy07,
The RealCode is relatively straightforward:

'# NewLowPeriod = userinput.integer = 10
If price.Low=price.MinLow(newlowperiod) AndAlso _
    price.Open(1)>price.close(1) AndAlso _
    price.Close>price.Open(1) AndAlso price.Open<price.Close(1) Then pass

I'm not seeing how this would identify engulfing patterns from four days ago. It doesn't preclude them, but it certainly doesn't check for them. Can you give some examples?

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
andy07
Posted : Saturday, July 3, 2010 11:28:11 AM
Registered User
Joined: 5/17/2010
Posts: 22
I'm sorry Bruce this was for telechart


Andy


QUOTE (Bruce_L)
andy07,
The RealCode is relatively straightforward:

'# NewLowPeriod = userinput.integer = 10
If price.Low=price.MinLow(newlowperiod) AndAlso _
    price.Open(1)>price.close(1) AndAlso _
    price.Close>price.Open(1) AndAlso price.Open<price.Close(1) Then pass

I'm not seeing how this would identify engulfing patterns from four days ago. It doesn't preclude them, but it certainly doesn't check for them. Can you give some examples?
Bruce_L
Posted : Tuesday, July 6, 2010 9:53:47 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
I'm not a candlestick guy, but the Bullish Engulfing Personal Criteria Formula from the Boolean PCFs for Candlestick Patterns topic doesn't check any prices beyond yesterday and today, so I'm not seeing how it would be identifying symbols from four days ago either unless your PCFs aren't updated.

How to create a Personal Criteria Forumula (PCF)

ABS(C1-O1)>(H1-L1)*0.50 AND
C1<O1 AND
C>O1 AND
O<C1

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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