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ssspector
Posted : Friday, October 16, 2015 12:05:00 PM
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Joined: 9/10/2010
Posts: 10

What is the best way to scan for stocks that have volume at least 2 times greater than the 52 week average?  It's not clear to me what Moving Up % or Moving Up Smart scans for but any help in creating the scan would be appreciated.  
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busterram
Posted : Friday, October 16, 2015 12:10:38 PM
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Joined: 10/9/2011
Posts: 485

v > 2 *AVGV52 will work in weekly tf (weekly volume this week is two times the avg weekly vol in the last 52 weeks)

v > 2 *AVGV500 will work in daily tf (52 * 5 = 600 but we only have access to 500 bars in a chart. What this calculates is  volume today is two times greater than the avg daily vol in the last 500 days)

Hope this helps.

 

 
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ssspector
Posted : Friday, October 16, 2015 12:36:39 PM
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Joined: 9/10/2010
Posts: 10

thanks!!
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