Registered User
Joined: 11/11/2006
Posts: 66
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I’d like to screen for hourly patterns where:
1) A 60 min charts is an inside candle (where price of one candle is complete within the range of the previous bar’s candle), then,
2) immediately followed by an outside candle, (where that candle’s range completely engulfs the regarded inside candle).
Here is a picture of a day chart of SEE (I'd like to screen however, for 60 minute patterns).
https://i.imgur.com/SPOdicm.jpg
Can this formula be applied also to my TC2000v7 platform?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Please try the following PCF condition.
L < L1 AND H1 < H AND L2 < L1 AND H1 < L2
While the syntax of the formula should work in all versions of TC2000, the PCFs in TC2000 v7 are all daily and can't be set to Hourly as can be done in TC2000 v12/v18.
The only way to get this to work in TC2000 v7 is to plot this as a Percent True indicator on the chart and then use RT indicator sorting with the chart set to an Hourly time frame.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 11/11/2006
Posts: 66
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Thank you as always Bruce! You have been so rock solid
js
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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