How to create and save a Condition (PCF) Formula
Personal Criteria Formulas (PCFs) come in two types. Condition Formulas are Boolean formulas and return either true or false. If your PCF returns a numeric result it will save as an Indicator Formula instead of as a Condition Formula.
1. Click the New button in your toolbar.
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2. Click Condition (PCF) Formula.
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3. Name your PCF.
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4. Select the time frame you wish to use.
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5. Type or paste in your PCF formula.
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You can test the formula if you like by clicking the Test Formula button.
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Value = True or Value = False are not error messages. These messages just mean the formulas returns true or false for the test symbol. This would also mean this is a Condition Formula and not an Indicator Formula (which returns a numeric value instead). The test function uses daily data from regular trading hours.
6. To save the formula to the condition library for re-use, click the save icon, confirm the name then click save again.
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7. Selecting OK (with or without saving the indicator) will open targeting mode.
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