PCL Class

Price Channel Lower (PCL).

For a list of all members of this type, see PCL Members.

System.Object
   RQuant.Indicator.TTimeArray
      RQuant.Indicator.TDoubleArray
         RQuant.Indicator.TIndicator
            RQuant.Indicator.PCL

[Visual Basic]
Public Class PCL

Inherits TIndicator

[C#]

public class PCL : TIndicator

Thread Safety

Public static (Shared in Visual Basic) members of this type are safe for multithreaded operations. Instance members are not guaranteed to be thread-safe.

Remarks

Price Channel is one of the simplest and oldest trend-following models. It requires no calculations. The rules are: Buy when the weekly closing price moves up to a new 20-period high; sell and sell short when the weekly closing price moves down to a new 20-period low. In other words, when price moves out of its n-period range, go in the direction of this new trend.

Formula:

Example

TDataManager.cd("Demo");

TDailyArray Daily1 = TDataManager.GetStock("YHOO").DailyArray;

DateTime Date1 = DateTime.Parse("1999/02/08"); 
DateTime Date2 = DateTime.Parse("2000/12/29"); 

TDailyArray Daily = Daily1.Clone(Date1, Date2);

TCanvas Canvas = new TCanvas("Canvas","PCL DEMO",600,400);
    
Canvas.Divide(1,2);

PCL PCL = new PCL(Daily, 14);

Canvas.cd(1);
Daily.Draw("c");

Canvas.cd(2);
PCL.Draw(Color.Red);

Requirements

Namespace: RQuant.Indicator

Assembly: RQuant.Indicator (in RQuant.Indicator.dll)

PCL Class

Thread Safety

Remarks

Example

Requirements

See Also