You would click in the Custom PCF Indicator and select Create Scan Condition to create condition for less than 0 and moving up. How to Create an EasyScan and save it to the Library You would add all three conditions to the same EasyScan. You would click on the offset moving average and check for it being below the lower Donchian Channel. You would click in the Custom PCF Indicator and select Create Scan Condition to create conditions for less than 0 and moving up. Then add a 1 period moving average offset by 1 and Donchian Channels with a period of 3 and offset of 2 to the Custom PCF Indicator. You could scan for this by using the formula in a Custom PCF Indicator. Your PCF today (below zero) is higher then it was yesterday and yesterday was their lowest value at -least for the 3 bars prior to that, ( what i m trying to do is find a bottom using histogram with the pcf you did as above )Īnd if you can do the same for inverse above zero where the pcf today is Lower then the pcf yesterday and yesterday was the highest value at least for the 3 bars prior to thatĭo you really need it as a PCF? It is going to be a fairly long formula. Hey Bruce in your this Sept 07th formula i wish to do tweak and do some comparison can u please write a pcf as follows The below link is LazyBears (Chris Moody's) implementation of TTM Squeeze using linear regression.Īn excerpt of the formula using linear regression is defined below: Currently, it is the most popular formula in TradingView public library and uses linear regression rather than momentum.īruce can you help me in constructing a PCF Indicator using Linear Regression. Whilst it's good, there is another implementation which is equally as good. TTM Squeeze - Linear Regression Plot instead of Momentum: Most popular formula on TVĪs most of us know, the original John Carter TTM squeeze uses the momentum plot. Welcome Guest, please sign in to participate in a discussion. Attention: Discussion forums are read-only for extended maintenance until further notice.
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