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Registered User
Joined: 2/13/2014
Posts: 37
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Hello
Can you help me create a PCF that will look for daily charts that for the previous three candles (days) were under the 8 period moving average and then todays candle closed above the 8 period moving average
Thank you
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Administration
Joined: 9/30/2004
Posts: 9,187
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Does the whole candle need to be below the 8 day MA for the previous three days or just the closes?
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Administration
Joined: 9/30/2004
Posts: 9,187
|
If the whole candle, then...
H3 < AVGC8.3 and H2 < AVGC8.2 and H1 < AVGC8.1 and C > AVGC8
If only the closes, then...
C3 < AVGC8.3 and C2 < AVGC8.2 and C1 < AVGC8.1 and C > AVGC8
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Registered User
Joined: 2/13/2014
Posts: 37
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QUOTE (StockGuy)
Does the whole candle need to be below the 8 day MA for the previous three days or just the closes?
Preferably but it doesn't have to. Would you be able to give me the PCF for both whole candle being below the 8 day MA for the previous three days and then one for just the closes below the 8 day MA for the previous three days?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The first formula in StockGuy's Thursday, April 23, 2015 3:38:52 PM post checks price being above now and the entire candle being below on the previous three bars.
The second formula in the same post checks price being above now and the closes being below on the previous three bars.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 2/13/2014
Posts: 37
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i'll give this a try..
thanks guys
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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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