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Registered User Joined: 12/21/2004 Posts: 35
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This is an indicator formula I use when viewing DAILY charts.
(ABS(C < C9 AND C < C8 AND C < C7 AND C < C6 AND C < C5 AND C < C4 AND C < C3 AND C < C2 AND C < C1) * L AND STOC3.2 < 50 AND (STOC3.2.1 < STOC14.3.1) AND STOC3.2 > STOC14.3)
How would it be modified to return the indicator for WEEK view and MONTH view.
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Administration
Joined: 9/30/2004 Posts: 9,187
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Just change the time frame on the chart. Custom indicators use the data from the chart so if you're viewing a weekly chart the formula will use weekly data.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I don't understand the formula. The first part returns a value (albeit based on boolean calculations):
ABS(C < C9 AND C < C8 AND C < C7 AND C < C6 AND C < C5 AND C < C4 AND C < C3 AND C < C2 AND C < C1) * L
While the second part is boolean (true or false):
STOC3.2 < 50 AND STOC3.2.1 < STOC14.3.1 AND STOC3.2 > STOC14.3
You should either just return a value:
ABS(C < C9 AND C < C8 AND C < C7 AND C < C6 AND C < C5 AND C < C4 AND C < C3 AND C < C2 AND C < C1 AND STOC3.2 < 50 AND STOC3.2.1 < STOC14.3.1 AND STOC3.2 > STOC14.3) * L
Or you should just return true or false:
C < C9 AND C < C8 AND C < C7 AND C < C6 AND C < C5 AND C < C4 AND C < C3 AND C < C2 AND C < C1 AND STOC3.2 < 50 AND STOC3.2.1 < STOC14.3.1 AND STOC3.2 > STOC14.3
In any case, it is possible to change the Time Frame of an Indicator Formula in TC2000 version 12.2 by using the Time Frame drop-down menu when you create or edit the Indicator Formula. Personal Criteria Formulas in TC2000 version 7 always use a Daily Time Frame.
If you are using the Indicator Formula as the Formula in a Custom PCF Indicator or Boolean Formula in a Custom PCF % True Indicator, changing the Time Frame of the chart will change the Time Frame being used for the indicator. A Custom PCF Indicator will always use the Time Frame of the chart to calculate its formula. This is true in both TC2000 version 12.2 and TC2000 version 7.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 12/21/2004 Posts: 35
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When I use the formula in an Easy Scan it returns Daily chart information. I'd like to set up Easy Scans for Week hits and Month Hits. Indicators change depending on whether they are viewed in Day, Week, or Month time frames.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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If you are using TC2000 version 12.2, you can just change the Time Frame of the Condition Formula by using the Time Frame drop-down menu when you edit or create the Condition Formula. The EasyScan itself also allows you to change the Time Frame of any of its EasyScan Conditions.
In TC2000 version 7, all Personal Criteria Formulas are calculated using Daily bars. It would be possible to convert the following Daily Personal Criteria Formula:
C < C9 AND C < C8 AND C < C7 AND C < C6 AND C < C5 AND C < C4 AND C < C3 AND C < C2 AND C < C1 AND STOC3.2 < 50 AND STOC3.2.1 < STOC14.3.1 AND STOC3.2 > STOC14.3
To Weekly:
C < C45 AND C < C40 AND C < C35 AND C < C30 AND C < C25 AND C < C20 AND C < C15 AND C < C10 AND C < C5 AND (STOC15 + STOC15.1.5) / 2 < 50 AND (STOC15.1.5 + STOC15.1.10) / 2 < (STOC70.1.5 + STOC70.1.10 + STOC70.1.15) / 3 AND (STOC15 + STOC15.1.5) / 2 > (STOC70 + STOC70.1.5 + STOC70.1.10) / 3
Or to Monthly:
C < C189 AND C < C168 AND C < C147 AND C < C126 AND C < C105 AND C < C84 AND C < C63 AND C < C42 AND C < C21 AND (STOC63 + STOC63.1.21) / 2 < 50 AND (STOC63.1.21 + STOC63.1.42) / 2 < (STOC294.1.21 + STOC294.1.42 + STOC294.1.63) / 3 AND (STOC63 + STOC63.1.21) / 2 > (STOC294 + STOC294.1.21 + STOC294.1.42) / 3
But these PCFs would only match the Weekly and Monthly charts in TC2000 version 7. They would not match the Weekly and Monthly Chart in TC2000 version 12.2.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 10/24/2005 Posts: 1
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Is it possible to find out the high and low for the prior months? I mean can PCF understand monthly and weekly candlesticks instead of daily ones. As far as I know the scans are based on daily prices, but I am looking to scan based on weekly and monthly values. How do I do that?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Are you using TC2000 version 7 or TC2000 version 12.2? It is possible to do so in both programs, but the techniques required are significantly more complicated in TC2000 version 7.
All you need to do in TC2000 version 12.2 to change the Time Frame is use the Time Frame drop-down menu in the formula window when it is created or edited.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 12/21/2004 Posts: 35
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Thank you, Bruce. You nailed it.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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