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Registered User Joined: 3/8/2010 Posts: 129
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I Bruce , I would like to add a dot on price ,when the close is 50% off the low of the total bar. And vice versa for off the high. How would I do this in A CUSTOM PCF INDICATOR ?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Well if you wanted to plot it at price (the close or current price), you could use the following Formula for being more than 50% of the bar above the low.
C / ABS(STOC1 > 50)
And the following Formula for being more than 50% of the bar below the high.
C / ABS(STOC1 < 50)
You would plot these in the same pane and scale as price using different colors. You could add a third color for being exactly at the midpoint.
C / ABS(STOC1 = 50)
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 3/8/2010 Posts: 129
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I Bruce ,Sorry I am looking for it to be 50% off the low or the high of the total bar but to have a 50% of a tail , no boby in that 50% Sorry
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Please try the following for above the low.
(O + C) / 2 / ABS(STOC1 > 50 AND 2 * O > H + L)
And the following for below the high.
(O + C) / 2 / ABS(STOC1 < 50 AND 2 * O < H + L)
Both indicators would be plotted using the a Custom PCF Indicator set to the Dots Plot Style in the same pane and scale as price.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 3/8/2010 Posts: 129
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Bruce perfect, 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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