Registered User Joined: 2/2/2017 Posts: 9
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Hi there,
I wonder if you could help me: some time ago there was this indicator mentioned in Traders tips: HigherLowerStochastics.
http://traders.com/documentation/feedbk_docs/2016/02/traderstips.html#item1
If I wanted to scan for a cross over of the red and green lines, would this be it ?
100 * ABS(H > H1) * (H - MINH20) / (MAXH20 - MINH20)
> 100 * ABS(L < L1) * (MAXL20 - L) / (MAXL20 - MINL20)
and
100 * ABS(H1 > H2) * (H1 - MINH21) / (MAXH21 - MINH21)
> 100 * ABS(L1 < L2) * (MAXL21 - L1) / (MAXL21 - MINL21)
Also, since as a PCF it's based off of a 20 period moving average, would I have to stick avgc20 in front of the tops 2 lines and avgc20.1 in front of the bottom two lines ?
Thank you for helping me out!
M.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I would probably just create the indicators as described in the Trader's Tips and then click on one of them and select Create Condition to create the condition.
That said, you do in fact need to include the moving average in the formulas.
XUP(AVG(ABS(H > H1) * (H - MINH20) / (MAXH20 - MINH20), 20), AVG(ABS(L < L1) * (MAXL20 - L) / (MAXL20 - MINL20), 20))
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 2/2/2017 Posts: 9
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Awesome, 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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