Registered User
Joined: 6/12/2016
Posts: 5
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I want to set up a PCF that will find stocks with volatility for the previous day not greater than 2%.
So if stock XYZ closed at $15.50 and was also the high. So I want the low to be no lower than $15.19.
This is what I came up with
(H1-C1)<=.02
and if I wanted to scan for intraday volatility no greater than 2% for the past three days I came up with this
(H1-C1)<=.02 and (H2-C2)<=.02 and (H3-C3)<=.02
Yes? No? Maybe you have something better?
Thanks.
Dan
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Administration
Joined: 9/30/2004
Posts: 9,187
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Try this:
(H1-L1) / C1 <= .02 and (H2-L2) / C2 <= .02 and (H3-L3) / C3 <= .02
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Registered User
Joined: 6/12/2016
Posts: 5
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that works well.
Thanks!
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Registered User
Joined: 6/12/2016
Posts: 5
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I don't know why I was thinking high - close. That doesn't even make any sense.
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