Finding bottom bouncer stock


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Hello Peter,

Can you help generate a scan with all the characteristic bellow?

40 day low is less than 40 day high by 60% (at least 60% or more below the 40 day high)
close is greater than or equal to 40 day low by 20% (at least 20% higher than the low)
close is less than or equal to 40 day high by 50% (at least 60% or more below the 40 day high)

Thanks

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Posted by (Questions: 16, Answers: 12)
Asked on August 4, 2020 10:58 am
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Private answer

I have not tested it but this should do the trick:

def conditionOne = Lowest(low, 40) < Highest(high, 40) * 0.4;
def conditionTwo = close >= Lowest(low, 40) * 1.2;
def conditionThree = close <= Highest(high, 40) * 0.5;
plot scan = conditionOne and conditionTwo and conditionThree;

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Posted by (Questions: 37, Answers: 4084)
Answered on August 4, 2020 4:43 pm