Registered User Joined: 8/21/2011 Posts: 9
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MIN(BOP,20) >= (-30) AND MIN(BOP,4) <= 30 AND MAX(BOP,4) > 30 AND MIN(BOP1.4,4) <= 30 AND MIN(BOP1.4,4) > 30 AND MIN(BOP1.8,4) <= 30 AND MIN(BOP1.8,4) > 30 AND MIN(BOP1.12,4) <= 30 AND MIN(BOP1.12,4) > 30 AND MIN(BOP1.16,4) <= 30 AND MIN(BOP1.16,4) > 30
Good afternoon, I copied and pasted this PCF from an earlier discussion, I would like to know how to incorperate this formula on my chart to find the different levels of buying. Thanks Jim
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The Condition Formula is based on a request by K7EG where a description was given about the concept of Quiet Accumulation as presented by Martha Stokes.
Quiet Accumulation
All I did was create a Condition Formula which checks for Balance of Power (BOP) to be yellow or green for the most recent twenty bars and then divided those twenty bars into five equal sections to determine if all five of those sections had both yellow and green bars.
I could not tell you K7EG's intent for the formula. I do not know how it should be interpreted. Even if I did, the trainers can't give setting, interpretation or investment advice.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 10/7/2004 Posts: 1
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I would like to scan for long tails (wick) where the tails should at least be 5 times the height of the body.
The smaller the body the better.
Thanks Socc
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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If you mean the total length of the tails needs to be at least five times the length of the body, then:
H - L >= 6 * ABS(O - C) AND H > L
If you mean the upper tail needs to be at least five times the length of the body and the lower tail needs to be at least five times the length of the body, then:
H - O >= 6 * ABS(O - C) AND H > O AND H - C >= 6 * ABS(O - C) AND H > C AND O - L >= 6 * ABS(O - C) AND O > L AND C - L >= 6 * ABS(O - C) AND C > L
-Bruce Personal Criteria Formulas TC2000 Support Articles
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