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Registered User Joined: 10/7/2004 Posts: 2
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I'm looking for a code that will allow me to scan stocks that close within the upper 20% of their daily range.
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Checking for price for the current bar being in the top 20% can be done with a stochastic.
STOC1 >= 80
If you want to wait until the next bar starts forming, you can check for the previous bar instead of the current bar.
STOC1.1.1 >= 80
Understanding Stochastics
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 1/28/2005 Posts: 6,049
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Wouldnt that be 80 for the top 20%?
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Yes, it would be 80 for the top 20%.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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