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 |

Scan for stocks stuck in a trading range Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
bobbaron
Posted : Monday, June 13, 2016 2:13:11 PM
Gold Customer Gold Customer

Joined: 3/6/2005
Posts: 110

I'd like to run a scan for stocks that are stuck in a trading range with the high 2 points above it's average price and 2 points below it over a 180 day period. So, the total width of the box would be 4 points. 

I'm trying to find stocks that I can use for calendar spreads.

Thanks very much. Bb

 

 

StockGuy
Posted : Monday, June 13, 2016 4:19:22 PM

Administration

Joined: 9/30/2004
Posts: 9,187

Try creating a custom condition using the following formula:

MAXH180 - AVGC180 <= 2 AND AVGC180 - MINL180 <= 2

jklmttrader
Posted : Saturday, June 18, 2016 11:42:51 AM
Gold Customer Gold Customer

Joined: 5/16/2014
Posts: 57

The scan below is for an inside bar thats within another inside bar.  It's a three bar pattern, so you need to set your time frame to quater.  it's a visuall scan nothing fancy just demonstrates longer consolidations

inside inside bar 

(l2<L1 and H1<h2) and (L1 <L and H<H1)

 

or try this: 

L1<=L and H<=H1

inside bar on any time frame

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.