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Registered User Joined: 2/10/2008 Posts: 6
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Hi Bruce, I am about to become a Platinum Member, and I would like some help in creating a set of formulas for when price crosses above an opening range high (5 min,15 min, etc) bar, and similarly when price crosses below and opening range low (5 min, 15 min, etc.) bar
Thank You,
Alan Pallat
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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There is no way to do this currently in either version of TC2000 as the Personal Criteria Formula Language does not have any syntax to reference the time of day. It can be done in StockFinder Platinum.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 2/10/2008 Posts: 6
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Hi Again Bruce, So would the answer be the same for daily breakouts and breakdowns? IE, price breaks above the the past (2, or 5) day high, or below the past (2, or 5) day low?
Thanks again, Alan Pallat
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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A Condition for a the high of the current bar being above the high of the previous 2-bars would be:
H > MAXH2.1
And a Condition Formula for the high of the current bar being above the high of the previous 5-bars would be:
H > MAXH5.1
A Condition for a the low of the current bar being below the low of the previous 2-bars would be:
L < MINL2.1
And a Condition Formula for the high of the current bar being above the high of the previous 5-bars would be:
L < MINL5.1
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 2/10/2008 Posts: 6
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Thank You Bruce, this is very helpful,....but can I now take these formulas, and use them at the beginning of the day, when only one bar has formed, without referencing the time of day, but running these formulas on the ie. 5 or 15 min time frame, and if so.. would
A Condition for a the high of the current bar being above the high of the previous bar be
H > MAXH1.1 and similarly ......
A Condition for the high of the current bar being below the low of the of the previous bar be L < MINL1.1
Thank You again for you help, Alan Pallat
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Those formulas would work, but H > H1 would probably be more efficient that H > MAXH1.1 and L < L1 would probably be more efficient than L < MINL1.1.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 2/10/2008 Posts: 6
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Thanks so much Bruce, Alan pallat
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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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