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pcf formula for trade entry / high and low Rate this Topic:
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mhenley
Posted : Sunday, September 29, 2013 9:47:32 AM
Registered User
Joined: 10/16/2011
Posts: 12
  1. The first candle makes a low.
  2. The second candle makes a lower low.
  3. The third candle makes a higher low.
Bruce_L
Posted : Monday, September 30, 2013 9:52:57 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

If the low of the first candle has to be below the low of the previous candle:

L > L1 AND L1 < L2 AND L2 < L3

If the low of the first candle does not need to be below the low of the previous candle:

L > L1 AND L1 < L2

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



-Bruce
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