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Profile: delbert71
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User Name: delbert71
Groups: Gold User, Member, TeleChart
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Joined: Tuesday, March 31, 2009
Last Visit: Tuesday, January 31, 2017 6:09:00 PM
Number of Posts: 3
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Topic: Help with creating a PCF
Posted: Thursday, January 31, 2013 2:51:25 PM

I see. If you look at AAPL and AMZN chart dated 25/1 - 28/1 thats a representation of one.

To define;

  • The first bar is comparatively long, reaches new highs, and opens near the low while closing near the high for the day.
  • The second bar is roughly the same length, opens near the high and closes near the low for the day.
  • The two together resemble railroad tracks due to their long length (compared with other bars on the chart) and similar length to each other.
  • Because the tracks both stick out in their entirety above all the other bars in the charts (here they form multi-month highs) and the with no other "traffic" around, they are described as being in the country".

And the opposite for the low for APPL.

Thanks

Topic: Help with creating a PCF
Posted: Thursday, January 31, 2013 8:45:16 AM

Can you assist with a pcf for "Railroads in the country"?  Thanks

Topic: Help with creating a PCF
Posted: Monday, January 14, 2013 1:22:13 PM

can you assist with giving me a pcf for pocket pivots please? Thanks.