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rjmia
Posted : Saturday, February 11, 2017 8:27:37 AM
Registered User
Joined: 11/10/2010
Posts: 3

Hi Bruce,

I realize you are the main man here and I would like your help as well in helping me with a scan that I need to do on Forex pairs.

Looking to use a 12EMA with 36EMA for bouncing or touching candles on the 36EMA for bullish and brearish.

Thanks in advance

Bruce_L
Posted : Monday, February 13, 2017 11:24:33 AM


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

12EMA touching the candle can be written as follows.

L <= XAVGC12 AND XAVGC12 <= H

36EMA touching the candle can be written as follows.

L <= XAVGC36 AND XAVGC36 <= H

Both 12EMA and 36EMA touching the candle can be written as follows.

L <= XAVGC12 AND XAVGC12 <= H AND L <= XAVGC36 AND XAVGC36 <= H

At least one of 12EMA and 36EMA touching the candle can be written as follows.

(L <= XAVGC12 AND XAVGC12 <= H) OR (L <= XAVGC36 AND XAVGC36 <= H)

12EMA crossing up through 36EMA can be wrtten as follows.

XUP(XAVGC12, XAVGC36)

12EMA crossing down through 36EMA can be written as follows.

XDOWN(XAVGC12, XAVGC36)

Price crossing up through 12EMA can be written as follows.

XUP(C, XAVGC12)

Price crossing down through 12EMA can be wrtitten as follows.

XDOWN(C, XAVGC12)

Price crossing up through 36EMA can be written as follows.

XUP(C, XAVGC36)

Price crossing down through 36EMA can be written as follows.

XDOWN(C, XAVGC26)



-Bruce
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babak7950
Posted : Monday, March 11, 2019 12:52:34 PM
Registered User
Joined: 3/5/2019
Posts: 2

Hi Bruce,

I would be appreciate if you could help me to write PCF for this scenario:

Price makes a new low (6month low) after a steep sell off!

 

Bruce_L
Posted : Monday, March 11, 2019 2:15:42 PM


Worden Trainer

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

I am not quite sure what you might consider a "steep sell off" (at least in an unambiguous objective way). The new low could be written as followsi in a daily time frame.

L < MINL125.1



-Bruce
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babak7950
Posted : Monday, March 11, 2019 3:11:11 PM
Registered User
Joined: 3/5/2019
Posts: 2

Thanks Bruce, would you please let me know what does "*.1" means here?

 

Bruce_L
Posted : Monday, March 11, 2019 3:29:00 PM


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

MINL125.1 is the lowest low in the 125 bars ending 1 bar ago. The .1 is the 1 bar ago portion.



-Bruce
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