| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 11/5/2004
Posts: 27
|
Hi
Please help me understand your programs logic of my formula below.
Price crossing Above 8 EMA (3min)
Formula: (H2<XAVGC8.2) and (L1>XAVGC8.1) and (C>C1)
1st we check (H2<XAVGC8.2) to see if H2 is less than XAVGC8.2
2nd we check (L1>XAVGC8.1) to see if L1 is greater than XAVGC8.1
3rd we check (C>C1) to see if C is greater than C1
This formula was tested against NASDAQ group of stocks.
I was expecting to see something like the following pattern.
Unfortunately my jpg diagram to show you what I expected did not paste.
I found that the first 2 candles on the left straddled the 8EMA line which I was not expecting based on the formula.
Any thoughts. Is your filter working exactly or not. Just trying to better understand your programs logic. Your help would be appreciated.
Keith Oliver
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
I currently get the following symbols returning True for the NASDAQ WatchList in TC2000 version 12 on a Daily Chart (no symbols return True on a 3-Minute Chart currently):
QABA, IFAS, BELFA, CAFI, IFSM, CTAS, VONV, BOVA, ETFC, ADRA, ADRD, ADRU & FCHI
At the time of writing this post, they all met the conditions for what you wrote. Price is entirely below the 8-Period Exponential Moving Average 2-Bars Ago, Price is entirely above the 8-Period Exponential Moving Average 1-Bar Ago and the current Price is above the previous Close.
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: 11/5/2004
Posts: 27
|
When for example comparing C< C1 for an interaday hourly time frame, the current candle appearing on the screen even though it may not be complete because of an hourly time frame, is it considered to be C or is C represented by the last COMPLETED candle.
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
C1 represents the previous bar.
C represents the current bar.
In most cases the current bar is not a completed bar while the market is still open because a new bar will become the current bar once the bar is complete.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 11/5/2004
Posts: 27
|
Bruce I think the formula are being correctly calculated but have suspicions that the check marks showing when one attaches a formula as a column are inconsistent. I'm trying to figure how I can show you the results I'm acheiving on an intraday basis, but haven't come up with a way to show you that data. Wish you were sitting beside my to correct my ways.
Keith
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
If you contact technical support, they may be able to take a look at your Workspace.
All e-mail communication sent to support@worden.com during business hours (Monday through Friday 9AM-11PM and Saturday and Sunday 9AM-3PM ET) should be answered within 20 minutes of arrival.
For an even quicker response to tech support questions, we recommend calling our voice line at (919) 408-0542 (there is no phone support on Sundays, some Market Holidays or after 9PM ET on weekdays).
You can also contact us using Live Chat Support during business hours.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
|
Guest-1 |