Registered User
Joined: 3/6/2017
Posts: 7
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I use 5 minutes chart to daytraing us stocks, i want to find the setup :" after the three 5 minutes bars ,the next bars' hihg and low are insdie the 15minute( the first three 5 minutes bars ) bars' high and low ,how to build this easy sacn formula ?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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As long as you are scanning during the fourth 5-minute bar of the day, this could be written as follows.
MINL3.1 <= L AND H <= MAXH3.1
But once the next bar starts forming this would need to be the following instead.
MINL3.2 <= L1 AND H1 <= MAXH3.2
And you would need a different formula every time a new bar started to form.
-Bruce
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Registered User
Joined: 3/6/2017
Posts: 7
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Thank you !
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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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