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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - StockFinder 5.0 » Scan for Stock Coming off a 52 week low

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Reynolds05
Posted : Monday, March 22, 2010 1:36:31 AM
Registered User
Joined: 3/6/2005
Posts: 16
 I am using stock finder. I would like to make a scan that will find stocks that have closed 3 average true ranges above the stock's 52 week low.
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Bruce_L
Posted : Monday, March 22, 2010 10:22:42 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 If you Drag and Drop your Average True Range Indicator into the Code tab of the RealCode Editor, it should create something similar to the first line of the following RealCode Rule:

'# ATR = chart.AverageTrueRange
If Price.Last > Price.MinLow(252) + 3 * ATR.Value Then Pass
-Bruce
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