Question on average daily volume

• 03/29/2021 at 11:27 AM #165615
  RubberToe

  I’ve gone through the first course on coding for indicators, and have been testing some small programs.

  I want to start working with the screener now.

  One item I’m looking for that I don’t see is the Average Daily Volume as a filter.  Is there a premade variable I’m not seeing, or do I need to write some code lines to filter results in regards to ADV?

  For instance, I want to start with a screener that only returns instruments with an average daily value over 3 million shares (maybe 10 days simple average for starters).

  

  RubberToe

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  03/29/2021 at 1:11 PM #165635
  Nicolas

  Apply an average of 10 periods onto Volumes:

  adv = average[10](volume)

  1	adv = average[10](volume)

  Make a condition based on this variable:

  c1 = adv > 3000000

  1	c1 = adv > 3000000

   

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  RubberToe

  

  Nicolas

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  03/29/2021 at 1:52 PM #165638
  RubberToe

  Thanks you very much Nicholas.

  I believe there is a daily command to lock the ADV into daily average, while the screener runs on a shorter term timeframe?

  

  RubberToe

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  03/29/2021 at 2:50 PM #165642
  Nicolas

  Here is the complete screener:

  timeframe(daily) adv = average[10](volume) c1 = adv > 3000000 timeframe(default) //put here (the other timeframe selected in the proscreener dropdown list) conditions screener[c1]

  1 2 3 4 5 6 7 8

  timeframe(daily) adv = average[10](volume) c1 = adv > 3000000   timeframe(default) //put here (the other timeframe selected in the proscreener dropdown list) conditions   screener[c1]

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  Nicolas

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