Scanning for Number of Stocks making New Highs/Lows

• 07/04/2023 at 9:52 AM #217245
  PGH

  Hopefully this is the right Forum for this “challenge”.

  I’m wondering how to go about creating a code that matches the often reported concept of  … “% of Stock 200D MA”
  BUT this time, the criteria being making New High (NHs)/ New Lows(NLs) ?

  Part A of this – “if you accept the Mission” is:

  Don’t need a listing – but rather a count of how many stocks in a selected Index – match the criteria for the specified period.
  It would have a Timeframe of Weekly.
  Would like to have a Volume threshold and Price Filter.
  And it would be nice to be able to set a date for the scan to look back from so can build a data set for each week.
  (Or go respectively from a date – should you miss a weekend.)

  Tradition, I run this scan in Metastock on the weekends and it gives me a number for the NHs and NLs for that week.

  Part B:
  In an ideal case – it would be nice for it to graph the NH and NL as a line graph over the top of the respective Index.

  Is this something that is feasible in PRT?
  Even if only the first part and I manually chart the numbers in Excel etc.

  I have been researching and asking a few AIs to develop – but not making any headway.
  So my first question comes back to being – is it feasible to do this in PRT?

  Thanks in advance.

  

  PGH

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  07/04/2023 at 7:43 PM #217272
  JS

  Hi,

  Part A:

  In PRT it is (also) possible to program a screener (ProScreener) based on “New Highs / New Lows” including for example “Volume thresholds” and “Price filters”…

  The result is a list of stocks that meet the conditions in the screener and are part of the chosen indexes…

  I don’t think it’s possible to “count” the different stocks in the different indexes. It’s also not entirely clear to me what the benefit of such a “count” would be…

  Part B:

  You can of course call up the chart of each selected stock and show the “New Highs / New Lows”, but here too I do not think it is possible to show the selected stocks from an index as one chart line in the relevant index…

  Perhaps it would be wise to work out an example so that everything becomes a bit more concrete and clearer…

  

  JS

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  07/05/2023 at 12:35 AM #217280
  PGH

  JS

  Thanks for feedback.
  Yes maybe a picture is worth a 1,000 words 🙂
  See attached:

  

  PGH

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