 Gold Customer
Joined: 1/28/2005
Posts: 97
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IF TRADING OFF A 3 DAY CHART, AND I WISH TO GET IN ABOVE THE HIGH OF A 3 DAY CANDLE, HOW DO U KNOW WHEN THEN 3 DAY CANDLE HAS FINISHED AND IT IS GOING TO START A NEW CANDLE ON THE 3 DAY, AS THE HIGH MAY BE THE HIGH OF DAY 2 AND NOT DAY 3 AND I COULD THEREFORE BE FASELY TRIGGERED IN?
THANKS FOR THE HELP
JUST REALISED THE CAP LOCK WAS ON.. SORRY!!!!!!!!!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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In the current production version of TeleChart, the 3-Day Bars are rolling 3-Trading Day Bars where the end of the most recent Bar is the current Trading Day. The Personal Criteria Formulas in the current production version of TeleChart are Daily only, so a formula for the High of the current 3-Day Bar would be:
MAXH3
In the TC2000.com version 11 beta, the 3-Day Bars are fixed. They will always start and end on the same date as new data becomes available. The PCFs for the TC2000.com version 11 beta are settable using a drop-down menu when creating or editing the PCF however, so you could create a formula for the High of the current 3-Day Bar as:
H
If you need to be checking the High of the most recent Trading Day instead of the High of the 3-Day Bar, you would need to use a Daily Time Frame for your PCF. I do not know of a way to determine how far along any particular 3-Day Bar might.
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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