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Kendallman
Posted : Monday, June 18, 2012 4:58:25 PM
Platinum Customer Platinum Customer

Joined: 10/7/2004
Posts: 15

We are looking to have a second bar confirmation from a PCF that we have created.

 

Current PCF is

STOC14.1.1 > 80 AND STOC14.1 <= 80

 

what does STOC14.1.1 mean?  I believe the .1 means 1 bar ago.

We would like to change to 1 and 2 bars ago.  How do I add this addtional 2nd bar confirmation?

 

Bruce_L
Posted : Tuesday, June 19, 2012 7:47:04 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

STOCx.y.z -> Simple Stochastic

Where x is the Period of the Indicator or Function.
Where y is a the Period of an additional Simple Moving Average.
Where z is the number of Periods Ago.
- z can also be a date. May 3, 2007 would be (single quotes required): '05/03/07'

The arguments in indicators are separated by periods.

PCF Formula Descriptions

So the current formula checks for 1 bar ago to be above 80 and the current bar to be less than or equal to 80.

STOC14.1.1 > 80 AND STOC14 <= 80

Adding 1 to each of the bars ago parameters would result in:

STOC14.1.2 > 80 AND STOC14.1.1 <= 80

Adding 2 to each of the bars ago parameters would result in:

STOC14.1.3 > 80 AND STOC14.1.2 <= 80

Understanding Stochastics



-Bruce
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