[isatrader]

This code looks for what I call Significant Bars on the daily chart, which are bars with a big price spread / range and volume at least 50% above average that are making new near term highs and in an uptrend.

The best use of the scan imo, is not on the actual day of the bar, but looking back over the previous days, as most often after the Significant Bar the stock will consolidate for a few days or more, and sometimes even form a short term trading range. So looking back over the prior days can help find stocks in more actionable positions depending on how they've acted around the Significant Bar and haven't fallen below it.

Code:

[type = stock]
and [country is US]
and [close - 1 day ago close / 1 day ago ATR(50) > 1.5]
and [volume > sma(50, volume) * 1.5]
and [Daily SMA(200,Daily Volume) > 400000]
and [close > Upper Price Chan(20)]
and [SMA(150) > yesterdays SMA(150)]
and [SMA(200) > yesterdays SMA(200)]
and [SMA(150) > SMA(200)]
and [group is not ETF]
and [Close > SMA(50)]
and [Close > SMA(150)]
and [Close > SMA(200)]
and [Close > 5]

You can filter it further by only looking at certain groups. For example if you only want to look at Tech or Internet stocks or Cyclicals you would add the following:

Code:

and [[group is TechnologySector] or [group is Internet] or [group is CyclicalsSector]]