Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Volume filter Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
edahlb
Posted : Wednesday, May 27, 2009 7:31:34 PM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 10
Is there a way to filter a watchlist based on DAILY volume no matter what time frame is used?  For example if I'm only interested in stocks with a daily volume > 500K, this works fine on a daily time frame but  if I switch to for example 60 min bars  more stocks will be filtered out, because the daily volume is spread over more (smaller) bars. 

I would like to get away from having to create and save new lists all the time. I been toying with the idea of writing real code, summing up the volume, based on the time frame used, but that seems like over- kill, is there a better way, or am I completely  missing the point on this?

Thanks,

Eric
Bruce_L
Posted : Thursday, May 28, 2009 10:24:08 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
- Select Add Indicator | Select... | Volume Bars | OK.
- Right-click on the Volume Bars Indicator and select Block Diagram.
- Left-click and Drag on the Time Frame input to the Volume Block.
- Select Select Block & Connect | Time Frame: Day | OK.
- Close the Block Diagram.

You should now have a Volume Indicator with an adjustable Time Frame that is independent of the Time Frame used for the Chart as a whole. Dragging and Dropping that Indicator into the RealCode Editor should create something similar to first line of the following RealCode Rule to check for the Volume in the Time Frame of this Volume Indicator.

'# VB = indicator.VolumeBars
If VB.Value >= 5000 Then Pass

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
edahlb
Posted : Friday, May 29, 2009 9:04:26 AM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 10

Thanks Bruce, that worked great and much easier than any of my ideas, but I never ventured to the Block Diagrams.  Thanks again.

Eric

Bruce_L
Posted : Friday, May 29, 2009 9:06:54 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.