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PCF Percent for Yesterday's Close versus Today's Open Rate this Topic:
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traderlady
Posted : Friday, January 22, 2016 5:33:59 PM
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Joined: 10/7/2004
Posts: 1,178

Hi Bruce

Here's the PCF for Gappers either up or down:

100 * (ABS (L > H1) * (L / H1 - 1) + ABS(H < L1) * (H / L1 - 1))

I would like you to convert this formula to show the difference between Yesterday's Closing Price and Today's Opening Price -- either up or down.  In other words, I'd see a positive number for opening up and a negative number for opening down.

Thanks, again.

Traderlady

traderlady
Posted : Friday, January 22, 2016 6:31:07 PM
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Joined: 10/7/2004
Posts: 1,178

I misspoke above, so forget what I said there.

 What I actually meant was a PCF that shows the difference between the Low Price THE DAY BEFORE YESTERDAY and the Opening Price YESTERDAY.

Jpetesmith
Posted : Friday, January 22, 2016 8:38:00 PM
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Joined: 5/9/2010
Posts: 144

L1/O1

Jpetesmith
Posted : Friday, January 22, 2016 8:38:49 PM
Registered User
Joined: 5/9/2010
Posts: 144

my bad, L2/O1

Bruce_L
Posted : Monday, January 25, 2016 8:18:51 AM


Worden Trainer

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

Please try the following Indicator Formula.

100 * (O1 / L2 - 1)



-Bruce
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