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Scan for stocks that do not gap up Rate this Topic:
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fpiltz
Posted : Friday, January 9, 2015 10:46:34 AM
Gold Customer Gold Customer

Joined: 9/26/2010
Posts: 10

I would like to scan for stocks that do not gap up at all or scenario 2 do not gap up more than 5%

 

what PDF to use?

Bruce_L
Posted : Friday, January 9, 2015 12:47:58 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

It depends on the particular definition of "gap up" being used. If you are comparing the open to the previous close the not gapping up would be:

O <= C1

And the not gapping up by more than 5% would be:

O <= 1.05 * C1

If you are comparing the low to the previous high, the not gapping up would be:

L <= H1

And the not gapping up more than 5% would be:

L <= 1.05 * H1

If you are comparing the open to the previous, the not gapping up would be:

O <= H1

And the not gapping up more than 5% would be:

O <= 1.05 * H1

Building a Scan with Multiple Conditions (7:29)
Writing Custom Conditions: The Basics (40:36)
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