StockFetcher Forums · Filter Exchange · Need help writing a filter for tight trading range<< >>Post Follow-up
mehran
2 posts
msg #36974
Ignore mehran
7/18/2005 11:46:25 PM

Could anyone help me write a filter for a tight trading range (e.g. where High of the range has been 10% or less above the Low of the range) for the last, say, 20 days.
Thanks


maxreturn
745 posts
msg #37054
Ignore maxreturn
7/25/2005 12:34:12 PM

Here's one way to go about it

[set{20dh, high 20 day high}
set{20dl, low 20 day low}
set{x, 20dh divided by 20dl}
set{mv, x - 1}
show stocks where mv below .1 and add column mv and average volume(50) above 1000000]


mehran
2 posts
msg #37233
Ignore mehran
8/1/2005 10:17:20 PM

Thanks maxreturn.


TheRumpledOne
6,411 posts
msg #37237
Ignore TheRumpledOne
8/1/2005 11:23:39 PM

CLICK ON THE MAGNIFYING GLASS ICON TO THE LEFT OF THE WORD FETCHER:

Fetcher[
set{20dh, high 20 day high}
set{20dl, low 20 day low}
set{x, 20dh divided by 20dl}
set{mv, x - 1}
set{mvday, count(mv below .10, 20)}

and add column mv
and add column mvday
and add column 20dh
and add column 20dl

show stocks where mv below .1
average volume(50) above 1000000

sort column 6 descending
]



I threw in the count calculation MVDAY so you would know how many days MV was below .10 and I sorted descending on MVDAY so the stocks that were in that range the longest pop to the top. Also I added the 20 day high and low columns so you would know what those numbers were.

But, I guess to some, those are just bells and whistles.

MAY ALL YOUR FILLS BE COMPLETE.


StockFetcher Forums · Filter Exchange · Need help writing a filter for tight trading range<< >>Post Follow-up

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