200 day highs – coding help please

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01/26/2021 at 6:23 AM #159439 quote

timmmmmbo
Participant

Junior

Hi I am wanting to scan for stocks that have made new 200 day highs in the last 60 days… that are currently up atleast 10% in the last 60 days… and are within 40% of the highs of the last 60 days…. is this even possible?

The aim is to capture the first pullback/base after an explosive stage 1 base breakout?

Any help or guidance appreciated thanks

01/26/2021 at 9:04 AM #159448 quote
Nicolas
Keymaster

Legend
here is the code of the screener you requested:

200 days highest high is not older than 60 days, the difference between the close and close 60 days ago is at least 10% higher, and the price is resting in the 40% area below the 60 days high.
```
hh = highest[200](high)
if hh<>hh[1] then 
start=barindex
endif 

c1 = barindex-start<60
c2 = close/close[60]>=1.10
c3 = close/highest[60](high)>0.6 and close/highest[60](high)<1

screener[c1 and c2 and c3] (close/highest[60](high))
```
pullback-base-after-an-explosive-stage-1-base-breakout.png
01/26/2021 at 9:13 AM #159452 quote
robertogozzi
Moderator

Legend
There you go:
```
HI200 = highest[200](high)
c1    = (highest[60](high) = HI200)
c2    = (close >= (close[60] * 1.10))
HI40  = (highest[60](high) * 0.60)
c3    = close >= HI40
Screener[c1 and c2 and c3]
```
01/26/2021 at 9:16 AM #159454 quote

robertogozzi
Moderator

Legend

Ahahah…. you were faster Nicolas!

Very different approach.

01/26/2021 at 10:00 AM #159462 quote

Nicolas
Keymaster

Legend

😆 yes! I made almost the same thing for C3, but realize that if you are superior to 60%, the actual close could also be the 100%, so the current 60 periods highest high, so not in a pullback anymore.

01/27/2021 at 11:29 AM #159563 quote

timmmmmbo
Participant

Junior

Thanks gents – muchos appreciatos.
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