Volume screener

Viewing 8 posts - 1 through 8 (of 8 total)

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01/19/2021 at 2:57 PM #158514 quote
Alfy
Participant

Average
Hi guys, i was hoping one of you could help me with a simple screener. The aim is on a weekly timeframe to pick up stocks with volume 1.4 times greater than the 10 week average. However my simple code seems not to be doing what i want.

Best regards
```
timeframe (weekly)
c1=average[10](volume)
c2=volume
c3=c2/c1
result=(c3>1.5)
screener [result]
```
01/19/2021 at 3:34 PM #158519 quote
robertogozzi
Moderator

Legend
There you go:
```
timeframe (weekly)
c1=average[10](volume)
c2=volume>(c1*1.4)
screener[c2]
```
Alfy thanked this post
01/19/2021 at 3:37 PM #158520 quote

Alfy
Participant

Average

Thanks so much!!

01/28/2021 at 8:42 PM #159729 quote

p3sc4d0r
Participant

New

c3 = Average[40](close*volume) > 3000000

Hi to everyone. I need some help with this code. Does this mean traded volume of 3000000 stocks (number of stocks traded >3000000) or does this mean 3000000 volume of stock currency in average over last 40 days?

Best Thanks and greets.

01/28/2021 at 9:38 PM #159735 quote

robertogozzi
Moderator

Legend

Say DAX today quotes 13000 and its volume traded is 50000, then the expression in parentheses returns 650000000, 650M, then the 40-period average of that value is calculated and compared to the numeric constant 3000000, 3M.

Is that what you intended to achieve?

01/28/2021 at 10:20 PM #159742 quote

p3sc4d0r
Participant

New

Thanks for your answer. I am looking for a code which searches for average money volume over a certain period (for example money volume was > 3M$ per day in average over the last 40days). So if is not an Index in this example, but a stock (e.g. US-stock) it means that the average volume of money over the past 40 days was >3M$ per day or does it mean that 3M stocks were traded each day in average?

Thanks in advance and best greets.

01/28/2021 at 10:37 PM #159745 quote

robertogozzi
Moderator

Legend

it means that the average volume of money over the past 40 days was >3M$ per day.

01/29/2021 at 11:22 PM #159879 quote

p3sc4d0r
Participant

New

Top. Thank you very much!
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