PCF’s written in TeleChart searches for The Major Candlestick Signals
The following criteria for Major Candlestick Signals is provided for your convenience. Follow TeleChart instructions for adding search criteria, then ‘cut-and-paste’ the formulas below.
You will also find these posted in the Candlestick Forum club on TeleChart. Join Steve and fellow candlestick traders by adding the Candlestick Forum club to your directory.
Doji
(O = C )
Doji Yesterday
(O1 = C1 )
Doji and Near Doji
(ABS(O – C ) <= ((H – L ) * 0.1))
Bullish Engulfing
((O1 > C1) AND (C > O) AND (C >= O1) AND (C1 >= O) AND ((C – O) > (O1 – C1)))
Bearish Engulfing
((C1 > O1) AND (O > C) AND (O >= C1) AND (O1 >= C) AND ((O – C) > (C1 – O1)))
Hammer
(((H-L)>3*(O-C)AND((C-L)/(.001+H-L)>0.6)AND((O-L)/(.001+H-L)>0.6)))
Hanging Man
(((H – L) > 4 * (O – C)) AND ((C – L) / (.001 + H – L) >= 0.75) AND ((O – L) / (.001 + H – L) >= .075)))
Piercing Line
((C1 < O1) AND (((O1 + C1) / 2) < C) AND (O < C) AND (O < C1) AND (C < O1) AND ((C – O) / (.001 + (H – L)) > 0.6))
Dark Cloud
((C1 > O1) AND (((C1 + O1) / 2) > C) AND (O > C) AND (O > C1) AND (C > O1) AND ((O – C) / (.001 + (H – L)) > .6))
Bullish Harami
((O1 > C1) AND (C > O) AND (C <= O1) AND (C1 <= O) AND ((C – O) < (O1 – C1)))
Bearish Harami
((C1 > O1) AND (O > C) AND (O <= C1) AND (O1 <= C) AND ((O – C) < (C1 – O1)))
Morning Star
((O2>C2)AND((O2-C2)/(.001+H2-L2)>.6)AND(C2>O1)AND(O1>C1)AND((H1-L1)>(3*(C1-O1)))AND(C>O)AND(O>O1))
Evening Star
((C2 > O2) AND ((C2 – O2) / (.001 + H2 – L2) > .6) AND (C2 < O1) AND (C1 > O1) AND ((H1 – L1) > (3 * (C1 – O1))) AND (O > C) AND (O < O1))
Bullish Kicker
(O1 > C1) AND (O >= O1) AND (C > O)
Bearish Kicker
(O1 < C1) AND (O <= O1) AND (C <= O)
Shooting Star
(((H – L) > 4 * (O – C)) AND ((H – C) / (.001 + H – L) >= 0.75) AND ((H – O) / (.001 + H – L) >= 0.75)))
Inverted Hammer
(((H – L) > 3 * (O – C)) AND ((H – C) / (.001 + H – L) > 0.6) AND ((H – O) / (.001 + H – L) > 0.6)))
Recent Formulas Submitted by our Candlestick Forum Members
These have not been tested by the CandlestickForum
J-Hook Pattern
((L1 = MINL4) OR (L2 = MINL4) OR (L3 = MINL4) ) AND
( (MAXC3 < MAXC4.3)) AND
( (H3 = MAXH15.4) OR (H4 = MAXH15.4) OR (H5 = MAXH15.4) OR (H6 = MAXH15.4) OR (H7 = MAXH15.4) ) AND (((MAXH4.3 – MINL4) / (MAXH4.3 – MINL21.3) > .23) AND ((MAXH4.3 – MINL4) / (MAXH4.3 – MINL21.3) < .62) ) AND
((AVGH3.5) > (AVGH3.8 ) AND (AVGH3.8 ) > (AVGH3.13) AND (AVGH3.13) > (AVGH3.18 ))
Belt Hold
C > O
AND L = MINL10
AND ((C – O) / (H – L)) > .5
AND ((C1 – L) / (H – L) > .6)
AND (H – L) > .2 * ((H5 – L5) + (H4 – L4) + (H3 – L3) + (H2 – L2) + (H1 – L1))
AND H > L1 AND C < H1
Belt Hold
(C > O) AND (H > L1) AND (L = MINL10) AND
((C – O) / (H – L) > .5) AND
(ABS(C1 – L) / (H – L) > .5) AND
( (H – L) > (((H – L + ABS(C1 – H) + ABS(C1 – L)) / 2 + (H1 – L1 + ABS(C2 – H1) + ABS(C2 – L1)) / 2 + (H2 – L2 + ABS(C3 – H2) + ABS(C3 – L2)) / 2 + (H3 – L3 + ABS(C4 – H3) + ABS(C4 – L3)) / 2 + (H4 – L4 + ABS(C5 – H4) + ABS(C5 – L4)) / 2) / 5))
Three Outside Down Pattern
((C2>O2)AND(O1>C1)AND(O1>=C2)AND(O2>=C1)AND((O1-C1)>(C2-O2))AND(O>C) AND (C
Three Outside Up Pattern
((O2>C2)AND(C1>O1)AND(C1>=O2)AND(C2>=O1)AND((C1-O1)>(O2-C2))AND (C>O)AND (C>C1))
Three Inside Up Pattern
((O2>C2)AND(C1>O1)AND(C1<=O2)AND(C2<=O1)AND((C1-O1)<(O2-C2))AND(C>O)AND(C>C1)AND(O>O1))
Three Inside Down Pattern
((C2>O2)AND(O1>C1)AND(O1<=C2)AND(O2<=C1)AND
((O1-C1)<(C2-O2))AND(O>C)AND(C>C1)AND (O< p=””><>
Three White Soldiers PCF
(C>O*1.01) AND(C1>O1*1.01) AND(C2>O2*1.01) AND(C>C1) AND
(C1>C2) AND(OO1) AND(O1O2) AND
(((H-C)/(H-L))<.2) AND(((H1-C1)/(H1-L1))<.2)AND(((H2-C2)/(H2-L2))<.2)
Three Black Crows PCF
(O > C * 1.01) AND (O1 > C1 * 1.01) AND (O2 > C2 *
1.01) AND (C < C1) AND (C1 < C2) AND (O > C1) AND (O < O1) AND
(O1 > C2) AND (O1 < O2) AND (((C – L) / (H – L)) < .2) AND
(((C1 – L1) / (H1 – L1)) < .2) AND (((C2 – L2) / (H2 – L2)) < .2)
SIMPLE MOVING AVERAGE SCANS
Crossing Up Through 50SMA (you may replace the 50 with other MA’s)
AVGC50 <= H AND AVGC50 >= L
Price under 50 Moving Average Yesterday – Over 50 Moving Average Today
C > AVGC50 AND C1< AVGC50
Bounce off 50MA Yesterday
AVGC 50.1 <= H AND AVGC50.1 >= L AND C > C1 AND C > AVGC50
Price Crossing over the 50MA and 20MA Today
(C > AVGC50 AND AVGC20 ) AND (C1 < AVGC50.1 AND AVGC20.1 )
Crossing Up Through 200SMA
AVGC200<=H AND AVGC200>=L
Stochastics Moving Up Through 20
STOC12.3.1 < 20 AND STOC12.3 > 20
April 2007 -New Formulas submitted by fellow Candlestick Forum Members for TeleChart Users
Thanks to everyone who emails their formulas on Candlestick Personal Criteria Formulas. These are not tested by us and provided as a courtesy. Please contact the Worden Brothers at Telechart2007 for all pcf support.
BULLISH PATTERNS
Abandoned Baby
C2
H1>L2 AND
(C1+O1)/2>=((H1+L1)/2)*0.40 AND
(C1+O1)/2<=((H1+L1)/2)*0.60 AND
ABS(C1-O1)<= (H1-L1)*10 AND
L>H1 AND
C
*Sort in ascending order*
Breakaway
C4
C3
C>O AND
C>H3
*Sort in ascending order*
Concealing Baby Swallow
O3=H3 AND
C3=L3 AND
O2=H2 AND
C2=L2 AND
C1
O=H AND
C=L AND
H>H1 AND
L
*Sort in ascending order*
Doji Star
C1
L>H1 AND
ABS(C-O)<= (H-L)*0.05 AND
((C+O)/2)-L >= (H-L)*0.40 AND
((C+O)/2)-L <= (H-L)*0.60
*Sort in ascending order*
Hammer/Dragonfly Doji
((((CO)*O))*(-1))-L>=(H-L)*0.75 AND
(H-L)>(AVGH21-AVGL21)
*Sort in ascending order*
Harami Cross
ABS(C1-O1)>(H1-L1)*0.50 AND
C1
(((C+O)/2)-L) > (H-L)*0.40 AND
(((C+O)/2)-L) < (H-L)*0.60 AND
ABS(C-O) < (H-L)*0.20
*Sort in ascending order*
Homing Pigeon
C1
ABS(C1-O1)>(H1-L1)*0.50 AND
H
C
*Sort in ascending order*
Inverted Hammer/Gravestone Doji
ABS(C-O) <= (H-L)*0.25 AND
((C+O)/2) – L <= (H-L)*0.25 AND
H-((C+O)/2)>= (((C+O)/2)-L)*0.34
Ladder Bottom
O4>C4 AND
O3
C>O AND
O>O1
*Sort in ascending order*
Mat Hold
C4>O4 AND
ABS(C4-O4)>(H4-L4)*0.50 AND
C3
C2>L4 AND
C1>L4 AND
C>C4 AND
C>O AND
(H-L)>(AVGH21-AVGL21) AND
C2
ABS(C2-O2)<= ABS(C4-O4)*0.75 AND
ABS(C2-O2)<= ABS(C4-O4)*0.75
*Sort in descending order*
Matching Low
(C1ABS(C1-O1)>(H1-L1)*0.50 AND
C
*Sort in ascending order*
Meeting Lines
C1
O1
CC>C1*0.99
*Sort in ascending order*
Rising Three Methods
(C4>O4) AND
(H4-L4)>(AVGH21.4-AVGL21.4) AND
C2
ABS(C3-O3)<=ABS(C4-O4)*0.75 AND
ABS(C2-O2)<= ABS(C4-O4)*0.75 AND
ABS(C2-O2)<= ABS(C4-O4)*0.75 AND
C>O AND
(H-L)>(AVGH21-AVGL21) AND
C>C4
*Sort in descending order*
Stick Sandwich
C2
L1>C2 AND
C
C
*Sort in ascending order*
Three Inside Up
ABS(C1-O1) >= (H2-L2)*0.70 AND
ABS(C2-O2)>(H2-L2)*0.50 AND
C1>O1 AND
C2
C>O AND
C>C1
*Sort in ascending order*
Three Outside Up
ABS(C2-O2)>(H2-L2)*0.50 AND
C2
O1
C>C1
*Sort in ascending order*
Tweezer Bottom
L=L1 AND
ABS(C-O)ABS(C1-O1)>=(H1-L1)*0.90 AND
(H1-L1)>=(AVGH20-AVHL20)*1.3
*Sort in ascending order*
BEARISH PATTERNS
Advance Block
(H-L)>(AVGH21-AVGL21) AND
ABS(C1-O1)>(H1-L1)*0.50 AND
ABS(C2-O2)>(H2-L2)*0.50 AND
C>C1 AND
C1>C2 AND
O1> O2 AND
O1< C2 AND
O>O1 AND
O
(H1-L1) < (H2-L2)*0.80 AND
(H-C)>(O-L) AND
(H1-C1)>(O1-L1)
*Sort in descending order*
Belt Hold
C>O AND
C>H*0.98
*Sort in descending order*
Breakaway
ABS(C4-O4)>(H4-L4)*0.50 AND
C4>O4 AND
C3>O3 AND
L3>H4 AND
C2>C3 AND
C1>C2 AND
C
*Sort in descending order*
Dark Cloud Cover
ABS(C1-O1)>(H1-L1)*0.50 AND
C1>O1 AND
O>H1 AND
C<((C1+O1)/2) AND
C>O1
*Sort in descending order*
Deliberation
ABS(C2-O2)>(H2-L2)*0.50 AND
ABS(C1-O1)>(H1-L1)*0.50 AND
C1>C2 AND
C2>O2 AND
C1>O1 AND
O>H1 AND
(((C+O)/2)-L) > (H-L)*0.40 AND
(((C+O)/2)-L)<(H-L)*0.60 AND
ABS(C-O)<(H-L)*0.60
*Sort in descending order*
Doji Star
ABS(C1-O1)>(H1-L1)*0.50 AND
O>C1 AND
ABS(C-O)<(H-L)*0.05 AND
(H-L)<(AVGH21-AVGL21)*0.20
*Sort in descending order*
Dragonfly Doji/Hanging Man
(((C<=O)*O)+ ((C>O)*C))>(H*0.95) AND
((((C<=O)*C)+ ((C>O)*O)) – L) > (H-L)*0.75
*Sort in descending order*
Engulfing
C1>O1 AND
C1
*Sort in descending order*
Evening Doji Star
ABS(C2-O2)>(H-L)*0.50 AND
C2>O2 AND
ABS(C1-O1)<(H1-L1)*0.05 AND
(H1-L1)<(AVGH21.1-AVGL21.1)*0.20 AND
O1>C2 AND
C
*Sort in descending order*
Falling Three Methods
ABS(C4-O4)>(H4-L4)*0.50 AND
C4
H3<=H4 AND
L2>=L4 AND
H2<=H4 AND
L1>=L4 AND
H1<=H4 AND
H2>H3 AND
H1>H2 AND
C
*Sort in descending order*
Grave Stone Doji/Shooting Star
ABS(C-O)<(H-L)*0.33 AND
O>C1 AND ((C+O)/2)-L<(H-L)*0.4 AND H=MAXH10
*Sort in descending order*
Hanging Man
(((C<=O)*C)+ ((C>O)*O))-L)>=ABS(C-O)*2 AND
(((C+O)/2)-L)> (H-((C+O)/2))*2 AND
ABS(C-O)>.01
*Sort in descending order*
Identical Three Crows
C2
O1=C2
*Sort in descending order*
In Neck
ABS(C1-O1)>(H1-L1)*0.50 AND
C1
(C/C1)<1.05
*Sort in ascending order*
Meeting Lines
C1
O1
CC>C1*0.99
*Sort in ascending order*
Three Black Crows
O1
O
C1
*Sort in descending order*
Three Inside Down
ABS(C2-O2)>(H1-L1)*0.50 AND
C2>O2 AND
C1
C
*Sort in descending order*
Three Line Strike
C2>C3 AND
C1>C2 AND
(H3-L3)> (AVGH21.3-AVGL21.3) AND
(H2-L2)> (AVGH21.2-AVGL21.2) AND
(H1-L1)> (AVGH21.1-AVGL21.1) AND
O>O3 AND
C
*Sort in descending order*
Three Outside Down
C2>O2 AND
C2
C
*Sort in descending order*
Tweezer Top
H=H1 AND
ABS(C-O)ABS(C1-O1)>=(H1-L1)*0.90 AND
(H1-L1)>=(AVGH20-AVHL20)*1.3
*Sort in descending order*
Upside Gap Two Crows
ABS(C2-O2)>(H2-L2)*0.50 AND
C2>O2 AND
L1>H2 AND
C1
C
*Sort in descending order*
Speak Your Mind