High volumes Stocks Screener
The detection of high volumes may be part of the arsenal strategy of many traders, especially swing traders .
This screener detects shares (or others) with high volume in the previous 3 days.
A volume is defined as high if it exceeds 3 times the average of the last 20 volumes .
The actions must have a volume of at least 10,000
The ” freshness signal ” means the age of the signal (from 1 to 3 days).
You are free to change these settings.
I used this screener to detect among other actions “CHARGEURS” , who introduced all the conditions for a nice increase : a bullish gap and a large green candle, with a very strong volume.
Here is the code of the screener. Remember to select the desired market (ie ” Euronext ” ) and timeframe ( for example, ” Daily” ) . In theory, the daily timeframe is best for this type of strategy (swing trading).
fraicheursignal = -1
volumeminimum = 10000
IF fraicheursignal=-1 AND Volume > 3*(Average[20](Volume)) AND volume > volumeminimum THEN
fraicheursignal = 0
ENDIF
IF fraicheursignal=-1 AND Volume[1] > 3*(Average[20](Volume)[1]) AND volume > volumeminimum THEN
fraicheursignal = 1
ENDIF
IF fraicheursignal=-1 AND Volume[2] > 3*(Average[20](Volume)[2]) AND volume > volumeminimum THEN
fraicheursignal = 2
ENDIF
IF fraicheursignal=-1 AND Volume[3] > 3*(Average[20](Volume)[3]) AND volume > volumeminimum THEN
fraicheursignal = 3
ENDIF
c1 = (fraicheursignal>-1)
SCREENER[c1](fraicheursignal AS "Fraîcheur du signal")
