It is not possible to use a Custom PCF % True Indicator unless you can create a Condition Formula to use as the Boolean Formula. As the "moving up fast" Conditions created by clicking on MS or TSV are proprietary and the calculations used are not available, it is not possible to exactly replicate these Conditions using a Condition Formula.

What we could try to do is create a Condition Formula for some objective requirements that might come close. For example, we could check for MS moving up more than 5% of its 100-bar range between the previous bar and the current bar:

MS - MS1.1 > .05 * (MAX(MS,100) - MIN(MS,100))

Dealing with OBV & MS in PCF's - how to interp their "values"

We could do something similar for a Simple TSV18:

TSV18 - TSV18.1 > .05 * (MAX(TSV18,100) - MIN(TSV18,100))

But the MAX() and MIN() functions cannot accept an Exponential TSV18 as arguments, so we would need to come up with a different set of requirements to test for an Exponential TSV18. For example, we could check for the Exponential TSV18  to moving up more than 2% of the range of the raw TSV values over 50-bars:

XAVG(TSV,18) - XAVG(TSV1.1,18) > .02 * (MAX(TSV,50) - MIN(TSV,50))

The exact technique and thresholds you want to use would be up to you.

Thanks Bruce.  I'll have to do some homework.

Lee Klein

You're welcome.