Daily average range exploration

gktk

New Member
#1
hi all, new learner her for Amibroker and AFL.

Am hoping someone can help with an exploration i am trying to do. ie i wish to find stocks that move at least 50c per day, i know this is different to ATR which is the average over x period. So an exploration as follows: stocks $5 - $20 with a minimum move of 50c per day.

Any help would be appreciated, thanks
 
#2
hi all, new learner her for Amibroker and AFL.

Am hoping someone can help with an exploration i am trying to do. ie i wish to find stocks that move at least 50c per day, i know this is different to ATR which is the average over x period. So an exploration as follows: stocks $5 - $20 with a minimum move of 50c per day.

Any help would be appreciated, thanks
Is it NYSE or NASDAQ?
 

gktk

New Member
#5
Well preference is daily if the code is not too much to write, as stocks typically trend and then consolidate ie they move a lot per day and then reduce, and then get ready for the next move.

ATR is average true range ie the average movement of a share over a certain period, I am looking for a minimum move of $0.50 per day as an exploration.

But i can do a weekly scan if it is easier, as this would give 5 days of minimum $0.50 movement per day, might be better actually as it the results would be more accurate for the type of stock that really moves a lot.

thanks
 

singhboy

Active Member
#6
R = H - L;

Filter= R > 0.5 AND C >5 AND C< 20 AND V > 100000;
AddColumn(Close,"Close",1.4);

see if this helps,tho not sure wat u want exactly
 

singhboy

Active Member
#7
But i can do a weekly scan if it is easier, as this would give 5 days of minimum $0.50 movement per day, might be better actually as it the results would be more accurate for the type of stock that really moves a lot.

thanks
No ur wrong, weekly chart means there would b one candle of the entire move of one week. So if weekly candle is 0.25c , it means stock moved 0.25c in one week. It may move like 0.10,0.3,0.5,0.4,0.3 in 5 days
 

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