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hseda
Posted : Saturday, May 30, 2015 12:05:35 PM
Registered User
Joined: 10/7/2004
Posts: 2

I'm looking for a code that will allow me to scan stocks that close within the upper 20% of their daily range.

Thanks

Bruce_L
Posted : Saturday, May 30, 2015 12:21:25 PM


Worden Trainer

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

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
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diceman
Posted : Saturday, May 30, 2015 1:24:27 PM
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Joined: 1/28/2005
Posts: 6,049

Wouldnt that be 80 for the top 20%?

 

 

 

 

Thanks

 

 

Bruce_L
Posted : Saturday, May 30, 2015 2:20:51 PM


Worden Trainer

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

Yes, it would be 80 for the top 20%.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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