Registered User Joined: 12/28/2004 Posts: 15
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what is the formula that will return stocks that trade more than an average of 1,000,000 per day. I need the formula for today and in the past.
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Registered User Joined: 10/7/2004 Posts: 799 Location: Duluth, GA
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In TC, volume is expressed in 100's of shares. A commonly used average is 90 days (but you should adjust that to taste, based on your trading hold times, IMHO). The formula to identify stocks whose 90-day average volume as of today is > 1000000 shares:
AvgV90 > 10000
If you want to find stocks whose 90-day average volume as of 20 days ago was > 1,000,000 shares, it would be:
AvgV90.20 >10000
Jim Dean
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