hi guys, new here and need help. I would like to create a scanner to find stocks with usual volume on the Australian stock market.
I am looking for beaten down charts that are unloved but suddenly have a huge volume day as this is coincidentally when reversals begin to happen sometimes.
There you go:
Cond = Volume > (average[200,0](Volume) * 2)
Screener[Cond]
it returns all stocks whose volume is greater than twice the volume average for the last 200 periods.
You will change parameters as suits you best.
Thanks mate.
Is there a way to also set a criteria for price say from $1 to $5 only?
Newbie999 – Welcome to the forums. Please re-read the few simple rules. Screener questions/topics should go in the ProScreener forum. I have moved your post to the correct place but please try to be more careful with future topics to save us over-worked moderators a lot of unnecessary tidying up work!
There you go:
Cond1 = Volume > (average[200,0](Volume) * 2)
Cond2 = close >= 1 AND close <= 5
Cond = Cond1 AND Cond2
Screener[Cond]