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im looking to create a simple scan for strong volume gainers today with at least 250,000 shares trad Rate this Topic:
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gcm185
Posted : Wednesday, March 2, 2011 7:56:53 PM
Platinum Customer Platinum Customer

Joined: 8/8/2007
Posts: 11
Bruce_L
Posted : Thursday, March 3, 2011 8:25:07 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
The at least 250,000 shares traded portion is straightforward (Volume in TeleChart is reported in blocks of 100 shares):

V >= 2500

The "strong volume gainers" part would depend on your particular unambiguous definition of "strong volume gainers". For example just adding that the Volume increased from the previous Bar would be:

V >= 2500 AND V > V1

While having at least twice the Volume of the previous Bar would be:

V >= 2500 AND V >= 2 * V1

And being at least three times the 20-Bar Average Volume would be:

V >= 2500 AND V >= 3 * AVGV20

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