I've created the following PCF and used it in a scan.  The scan results include many stocks with volumes well under 500,000.  Can you tell me what I'm doing wrong?

I tested and it returned 42 stocks. All had AVGV50 > 500,000 shares.

Thanks for checking, Stockguy, but it doesn't give me the same result as you got.  I got 93 stocks with volume for the day as low as 3K.  Could there be something wrong with my local program?  I thought this was on the cloud so everyone would get the same result.  

I'm confused.  Thanks for any additional help you can offer.

I seem to get the same list of 42 stocks when scanning the US Common Stocks WatchList with your Condition Formula set to Daily (albeit in a different order):

ADSK, AEZS, AG, ALTR, AMAT, AMP, AMRS, APOL, AVGO, CEF, CLDX, COP, DAR, DV, EXK, FAST, FCS, FOE, FTNT, GNW, HUSA, ISIL, JBL, JNPR, LGF, LXK, MU, OII, OZM, PBR, PCS, PFG, PIR, PWAV, SAPX, TAT, TSLA, TXN, UEC, XLNX, YNDX & ZION

Try removing your Condition Formula from your EasyScan and re-adding it.

Keep in mind that when you use a Condition Formula in an EasyScan or a as a WatchList Column, it copies the Condition Formula. This copy is not linked to the original Condition Formula. If you change the Condition Formula later, these changes will not be reflected in the copies.

Also note that the volume reference in the Condition Formula is for the 50-Period Simple Moving Average of Volume while you keep referring to today's volume in your posts. It is quite possible for the Moving Average to be above 500,000 shares with the volume for the current bar being significantly below its moving average.

Thanks Bruce.

It was the copy issue that was the problem.  My original formula used 5000 for 500,000, not realizing that the old 100 share divisor was no longer used.  I didn't copy the change into the scan which is why, as you pointed out, it didn't work.

Thanks for the help.  However, this raises another question.  In order to change the ez-scan, I couldn't find a way to edit it and had to delete and rewrite it completely.  How does one edit a scan?

Thanks again.

Click on EasyScans along the left and choose your EasyScan. Then select the Conditions tab. You can click on the X to the right of an EasyScan to remove it from the EasyScan. You can select Add Condition to add another Condition.