Hello i am a new gold member, i tried this formula fot hammer and i get a formula error ...  ???

(H-L)>(3*abs(O-C))AND((C-L)/(.001+(H-L))>0.8)AND(O-L)/((.001+(H-L))>0.8)

Try this: 

(H-L) > (3*abs(O-C)) AND (C-L)/(.001+(H-L)) > 0.8 AND (O-L)/(.001+(H-L)) > 0.8

Strange i a m still getting a formula error

I do not get any error messages when using StockGuy's version of the formula. That said, I would probably re-write it to avoid any division as:

H - L > 3 * ABS(O - C) AND C - L > .8 * (H - L) AND O - L > .8 * (H - L)

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

I wanted a Bullish hammer on a downtrend.  After going through many posts, I have these PCF formulas and it works fine:

Bullish Hammer: H - L > 3 * ABS(O - C) AND C - L > .8 * (H - L) AND O - L > .8 * (H - L)

5 day downtrend:  C < C1 AND C1< C2 AND C2 < C3 AND C3 < C4 AND C4 < C5

However, I would like to combine them in a single condition(if that is possible) or any number of bars on a downtrend to get the Bullish Hammer. The other option is write a -  2, 3,4,5, etc downtrend with a Bullish Hammer.

Any suggestions from experts to a PCF newbie will be appreciated.

Thanks

If you want to combine them into a single condition, you can just connect the two formulas with an AND statement to get a single Condition Formula (for the 5 day downtrend version):

H - L > 3 * ABS(O - C) AND C - L > .8 * (H - L) AND O - L > .8 * (H - L) AND C < C1 AND C1 < C2 AND C2 < C3 AND C3 < C4 AND C4 < C5

You can remove the last comparison to get a 4 day downtrend version:

H - L > 3 * ABS(O - C) AND C - L > .8 * (H - L) AND O - L > .8 * (H - L) AND C < C1 AND C1 < C2 AND C2 < C3 AND C3 < C4

And continue the pattern to get 3 day downtrend:

H - L > 3 * ABS(O - C) AND C - L > .8 * (H - L) AND O - L > .8 * (H - L) AND C < C1 AND C1 < C2 AND C2 < C3

And 2 day downtrend versions:

H - L > 3 * ABS(O - C) AND C - L > .8 * (H - L) AND O - L > .8 * (H - L) AND C < C1 AND C1 < C2

When i add in the first scan above i dont get anything adding it into the new version of telechart

It is an incredibly restrictive formula. There are likely to be numerous days where it does not return any results.