Registered User
Joined: 12/30/2012
Posts: 39
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Write a formula for your definition of a gap up. So for example, if it means the open is above the previous close.
O > C1
If it means the open is above the previous high.
O > H1
If it means the low is above the previous high.
L > H1
Or it might mean something like the open is at least 1% above the previous close.
O >= 1.01 * C1
Use the desired formula as a Custom PCF % True Indicator. Set the Average Type to Simple and the Period to the number of bars you want to check.
You can click on the Custom PCF % True indicator to use it as a WatchList Column and sort or Create Condition (or Create Scan Condition) to create a condition based on the percentage of the time each symbol meets the requirements of the desired formula.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/30/2012
Posts: 39
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How do I make a custom pcf % true indicator? Thank you for your help.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
It is just a regular indicator called "Custom PCF % True Indicator", so you would add it the same way you would add something like stochastics or a moving average.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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