PENNY STOCKS

• 01/11/2021 at 8:00 PM #157405
  Miguel Angel

  I have tried to develop screener to identify actions with the following criteria but it is impossible for me, some one could help me:

  Price <or = 5 average

  volume> 300000 last 90 days closing

  volume> 1,000,000 relative volume 2 times the average

  volume price> vwap

  Thanks in advance

  

  Miguel Angel

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  01/11/2021 at 8:10 PM #157407
  Vonasi

  Miguel Angel – I edited your post as it was a mess of HTML that looked like inserted code. Perhaps you had a bad cut and paste from a translation tool. Please be careful when cutting and pasting text into your posts as it is a lot of work for moderators to tidy things up.

  You have 5 minutes to edit your post after submitting it if it does not look right.

  1 user thanked author for this post.

  Miguel Angel

  

  Vonasi

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  01/11/2021 at 9:05 PM #157420
  robertogozzi

  Do not double post. Ask your question only once and only in one forum. All double posts will be deleted anyway so posting the same question multiple times will just be wasting your own time and will not get you an answer any quicker. Double posting just creates confusion in the forums.

  Thank you 🙂

  I deleted the topic in the Spanish forum.

   

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  robertogozzi

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  01/11/2021 at 10:06 PM #157424
  Miguel Angel

  Sorry, it´s the first time in this forum. What I really need is the folowing:

  Price < or = 5

  Average volume last 90 day >300000

  Current volume > 1000000

  Relative volume > 2

  Price > vwap

  thank in advance again

  Miguel

   

  

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  01/11/2021 at 11:06 PM #157429
  robertogozzi

  DO NOT duplicate posts nor questions.

  Please read the main rules highlighted  in yellow below.

  Thank you 🙂

   

  

  robertogozzi

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  01/12/2021 at 9:30 AM #157460
  robertogozzi

  There you go:

  timeframe(default) c1 = close <= 5 c2 = average[90](volume) > 300000 c3 = volume > 1000000 c4 = volume > (2 * average[20](volume)) if day <> day[1] then d=0 else d=d+1 if volume >0 then VWAP = SUMMATION[d](volume*typicalprice)/SUMMATION[d](volume) endif endif c5 = (VWAP > 0) AND (close > VWAP) timeframe(default) Cond = c1 AND c2 AND c3 AND c4 AND c5 SCREENER[Cond](volume as "Vol")

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

  timeframe(default) c1 = close <= 5 c2 = average[90](volume) > 300000 c3 = volume > 1000000 c4 = volume > (2 * average[20](volume)) if day <> day[1] then    d=0 else    d=d+1    if volume >0 then       VWAP = SUMMATION[d](volume*typicalprice)/SUMMATION[d](volume)    endif endif c5 = (VWAP > 0) AND (close > VWAP) timeframe(default) Cond = c1 AND c2 AND c3 AND c4 AND c5 SCREENER[Cond](volume as "Vol")

   

  

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  01/12/2021 at 12:36 PM #157520
  PeterSt

  Sorry to interfere somewhat, but I like this … 🙂

  Miguel, I don’t know which markets you like to trade this, but please notice that your volumes are too high for even Nasdaq OTC which would be the only suitable for this in the first place (I think !).

  In itself you can leave the volume as it is, but then you must change the number of days to 10 (1 result) or 5 – though that won’t do your job of course.
  Thus change Roberto’s lines 3 and 4 into these :

  c2 = average[90](volume) > 30000 // Was 300000 c3 = volume > 100000 // was 1000000

  1 2	c2 = average[90](volume) > 30000  // Was 300000 c3 = volume > 100000              // was 1000000

  and you will have some result but only with Nasdaq OTC. See attachment.

  You will probably know to be very careful with this … You can gain a LOT but … … 😉

  

  PeterSt

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  01/12/2021 at 12:46 PM #157524
  PeterSt

  Addendum :

  Although I screened for Nasdaq OTC, in PRT-IB we can not trade this (this is an IB interface issue). If I could have, I would have bought a couple of Signal (SIGL, WhatsApp alternative) when it was still a few “penny” (now at USD 30). So I am not sure whether you can trade Nasdaq OTC with PRT-IG. If not, it would be my (unsollicited) advice to set it up differently. Your volume idea obviously is fine, but not with 90 days and still 5 euros (hahaha). All in other words : mind this when your’e trying to get your first Screeners going.

  

  PeterSt

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  01/12/2021 at 1:04 PM #157530
  Nobody

  PeterSt wrote:

  Addendum :

  If I could have, I would have bought a couple of Signal (SIGL, WhatsApp alternative) when it was still a few “penny” (now at USD 30).

  Count yourself lucky SIGL is not Signal the message app as far as i know and contrary to you yesterday i was looking for somewhere to short it for the couple minutes it was $70 , unfort IG do not cover this stock

   

  

  Nobody

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  02/06/2021 at 10:07 PM #160554
  freecat1899

  Instead of going by volume, i would use exchanged capital for this. Volume*price.

  

  freecat1899

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