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Bullish Emgulfing scan. Rate this Topic:
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lloydrau
Posted : Sunday, August 28, 2011 4:17:10 PM
Registered User
Joined: 7/15/2010
Posts: 5
 I have set up a few candlesticks scans ans they all work except Bullish Engulfing scan. When I scan those it gives me the list from yesterday.  I'm getting list a day late. 
                                                                                           Thank You
                                                                                            Lloyd Rausch
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Bruce_L
Posted : Monday, August 29, 2011 9:22:28 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 In breaking down the formula given in the Boolean PCFs for Candlestick Patterns topic, I would have no idea why this would be the case:

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

As:

C1 < O1 AND C > O1 AND O < C1

Would represent the previous bar being a black candle and the current bar being a white candle with the close above the previous open and the open below the previous close.

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
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