Big volume increase stock screener
This stock screener will return all stocks that have made a daily Volume at least 90% above all the recorded Volumes for the last 75 days (15 trading weeks).
The main purpose of this screener is to catch all stocks that are currently making an huge volume breakout.
Coded by request on French screener forum.
//PRC_BigVolumeIncrease | screener
//19.12.2016
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge
v = volume
count = 0
for i = 1 to 75 do
if v>volume[i] then
count=count+1
endif
next
condition = count/75>0.9
screener [condition] (count/75 as "percentage")
Comments
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Good afternoon!!
I would like to state couple of things I would like to know if it possible to change:
- I tried to change the days but when I do it, the program says that the maxinum number of days is 254, so i cant use it for checking historical volumen.
- I highly recommend you, Nicolas, to add something regarding the number of shares negotiated, as for example when i use the scanner it appears a lot of small companies with a very low ammount of shared negotiated.
I hope you will find this comment interesting.
A hug.
That's right, in ProScreener we can't have a lookback more than 254 days. There is nothing we can do about it. About filtering low volumes stocks, you can add a new condition like this: condition = count/75>0.9 and v>1000000 It will only returns stocks with Volume superior to 1000000 (adapt it to your needs).
Hi, Nicolas,
please guide me how can i scan following conditions in pro real time
I appreciate your response