2x Volume Scan
Here's a daily screen that I run in prorealtime's free screener that finds stocks with daily volume greater than two times the 200 day average; a price that's higher than the previous days; a 10 day moving average that's higher than the previous days 10 day moving average, and finally it is ranked in order of the highest percentage move compared to it's 200 day Average True Range (ATR).
Below is the code:
Code:
indicator1 = Volume
indicator2 = Average[200](Volume)
c1 = (indicator1 > (indicator2*2))
c2= Close[0] > Close[1]
c3= Average[10](Close[0]) > Average[10](Close[1])
Condition1 = (Close[0]-Close[1]) / AverageTrueRange[200](close)
SCREENER[c1 AND c2 AND c3] (Condition1 AS "ATR change")
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.