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Formula for stocks that trade between $3 and $50 with an over 500,00o and less than 2 million Rate this Topic:
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jcandela00@hotstock
Posted : Saturday, February 4, 2012 10:20:02 PM
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Joined: 1/30/2012
Posts: 1
 Formula for stocks that trade between $3 and $50 with an average daily volume over 500,000 and less than 2 million
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Bruce_L
Posted : Monday, February 6, 2012 8:56:08 AM


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Joined: 10/7/2004
Posts: 65,138
 You would need to decide an average period to determine average daily volume. The following formula for TC2000 version 12 uses a period of 21-bars:

3 <= C AND C <= 50 AND 500000 <= AVGV21 AND AVGV21 <= 2000000

You will need to cut two of the zeros from each of volume figures if you are using TC2000 version 7 instead as it reports volume in blocks of 100 shares:

3 <= C AND C <= 50 AND 5000 <= AVGV21 AND AVGV21 <= 20000

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-Bruce
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