Drying Volume Scan

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Hello,

I’m trying to build a scan that will allow me to scan stocks whose volume in last 10 days in less than its volume in 10 days prior to last 10 days. For .e.g. Volume of last 10 days is 40% of volume of 10 days prior to last 10 days.

Any help would be appreciated.

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Posted by (Questions: 6, Answers: 10)
Asked on May 24, 2020 10:30 pm
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I haven't tested this, but I think this should work:

input numberOfDays = 10;
input percentThreshold = 40.0;
def runningVolume = Sum(volume, numberOfDays);
plot scan = runningVolume < runningVolume[numberOfDays] * percentThreshold * 0.01;

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Posted by (Questions: 37, Answers: 4084)
Answered on May 25, 2020 10:41 am
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