Registered User
Joined: 6/19/2014
Posts: 40
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Hi-I am looking for help with a formula using Directional Movement where the green line is above the red line and the spread between them is greater than 3 and VolZoneOsc 14 value is above 0.
Thanks, Fred
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Registered User
Joined: 6/19/2014
Posts: 40
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To add to my post above, my aim to to look for breakout using DI, so I would want the spread to occur after a positive XO. Would introducing ADX into formual be valuable to indicate the strength of the trend?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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There is no reasonable way to write this for versions prior to 17.
DIPLUS14 > DIMINUS14 + 3 AND 100 * XAVG(IIF(C <= C1, -V, V), 14) / XAVGV14
I really am not allowed to make any suggestions one way or the other, but adding ADX14 is above 25 to this would result in the following.
DIPLUS14 > DIMINUS14 + 3 AND 100 * XAVG(IIF(C <= C1, -V, V), 14) / XAVGV14 AND ADX14.14 > 25
-Bruce
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Registered User
Joined: 6/19/2014
Posts: 40
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Thank you Bruce. Can you tell me the formula to show VolZoneOsc 14 is in a positive uptrend?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The following would check for both the 14 period linear regression slope and 13 period net change in VZO to be positive.
100 * XAVG(IIF(C <= C1, -V, V), 14) > 100 * XAVG(IIF(C13 <= C14, -V13, V13), 14) AND FAVG(100 * XAVG(IIF(C <= C1, -V, V), 14), 14) > AVG(100 * XAVG(IIF(C <= C1, -V, V), 14), 14)
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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