| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 10/7/2004
Posts: 80
|
Is it possible to reproduce in TC2000 a formula for HEIKIN-ASHI CANDLESTICK OSCILLATOR which in Stockfinder looks like that:RealCode: 'Green Candle v1Static haOpen As SingleStatic haC As SingleIf isFirstBar Then haOpen = Price.OpenElse haOpen = (haOpen+(Price.Open(1)+Price.High(1)+Price.Low(1)+Price.Last(1))/4)/2End IfhaC = ((Price.Open+Price.High+Price.Low+Price.Last)/4+haOpen+ _ System.Math.Max(Price.High,haOpen)+System.Math.Min(Price.Low,haOpen))/4If haC >= haOpen Then Pass see: http://www.traders.com/documentation/FEEDbk_docs/2008/12/TradersTips.html#10
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
Your formula would appear to be a RealCode Condition designed to identify "first version of the green candle". I believe it could be converted into a Boolean Personal Criteria Formula as:
((O + H + L + C) / 4 + (XAVGO3 + XAVGH3 + XAVGL3 + XAVGC3) / 4 + (H + (XAVGO3 + XAVGH3 + XAVGL3 + XAVGC3) / 4 + ABS(H - (XAVGO3 + XAVGH3 + XAVGL3 + XAVGC3) / 4)) / 2 + (L + (XAVGO3 + XAVGH3 + XAVGL3 + XAVGC3) / 4 - ABS(L - (XAVGO3 + XAVGH3 + XAVGL3 + XAVGC3) / 4)) / 2) / 4 >= (XAVGO3 + XAVGH3 + XAVGL3 + XAVGC3) / 4
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 12/28/2011
Posts: 120
|
I'm quite new to TC2000.. so this might be really simple.... I'm looking for a condition which is true when the previous Heiken Ashi candle was red and the current one is green. To look for trend changes..I found this forum topic but when I put the formula above into TC2000 it _seems_ to just return true when the most recent Heiken Ashi candle is green... Regardless of the color of the preceding candle.. So I get a LOT more ticks than I want..Really I dont understand why the formula above uses Averages and not just calculations based on the preceding 2 OHLC values...Hope you can help !-Jason
|
|
Registered User
Joined: 12/28/2011
Posts: 120
|
I think I may have found an answer to my own question !
Does this look correct to you ???
(((O + H + L + C) / 4 - (XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 4) > 0.0 ) AND (((O1 + H1 + L1 + C1) / 4 - (XAVGO4.2 + XAVGH4.2 + XAVGL4.2 + XAVGC4.2) / 4) < 0.0 )
Its a simple adaptation of a formula I found here http://forums.worden.com/default.aspx?g=posts&t=53959
(ps.. I'm a platinum member but my last post just said I was a "Registered user" Is my subscription setup correctly ?)
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
Assuming you have the color of Price History based on Open vs Close, I think your formula should work just fine.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
|
Guest-1 |