Building a minus 5% screener

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  • #163144 quote
    Marcel van VlietMarcel van Vliet
    Participant
    Veteran

    Hi, I have tried to build a screener that is looking for US stocks which are down with >5% in the last two weeks.

    This is what I have for now.

    TwoWeekHigh = highest[10](high)
    FivePercentBelow = 1-(Close/TwoWeekHigh)<5/100
    

    Is there anybody who will help me to complete the screener?

    Ofcourse I will share the screener when tested in the library

    Thank you!

    #163152 quote
    VonasiVonasi
    Moderator
    Master

     

    TwoWeekHigh = highest[12](high)
    Perc = ((twoweekhigh-close)/twoweekhigh)*100
    FivePercentBelow = Perc >= 5
    
    SCREENER[FivePercentBelow](perc)

    I have changed the period to 12 instead of 10 for markets that have 6 candle weeks.

    Marcel van Vliet thanked this post
    #163210 quote
    Marcel van VlietMarcel van Vliet
    Participant
    Veteran

    Thanks, I am gonna test it right away.

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Building a minus 5% screener


ProScreener: Market Scanners & Detection

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This topic contains 2 replies,
has 2 voices, and was last updated by Marcel van VlietMarcel van Vliet
5 years, 6 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 03/04/2021
Status: Active
Attachments: No files
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