Highest volume occurence in 12 months

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Hi Peter,

Can you help with a script that scan the highest volume when I occur on daily chart within 1year?

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Posted by Nathan Ngindu (Questions: 16, Answers: 12)
Asked on August 30, 2020 2:49 pm
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plot scan = volume > Highest(volume[1], 251);

Assumes the Study Filter is set to Daily time frame and your request was for the highest one day volume within the last year.

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Posted by Pete Hahn (Questions: 37, Answers: 4153)
Answered on August 30, 2020 4:00 pm
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Yes daily for study filter; however, if I want to scan for 1h or 30min highest volume still within 12month the script will still be the same?
(Nathan Ngindu at August 30, 2020 6:55 pm)
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First you must consider how much historical data is available for those intraday time frames: https://toslc.thinkorswim.com/center/howToTos/thinkManual/Scan/Stock-Hacker/studyfilters You will find that only the 1 hour time frame is able to look back 1 full calendar year. If you selected the 1 hour time frame, you would need to compute the average number of trading hours in a 12 month period. The adjust the value for 251 "trading days in a year" to x number of "trading hours in a year".
(Pete Hahn at August 30, 2020 7:31 pm)
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so I did 6h30min time 251 days = 1631.5 hours then I took 1630 hours plot scan = volume > Highest(volume[1], 1630); with study time frame of 1 hour. I hope I did it right
(Nathan Ngindu at August 30, 2020 11:07 pm)
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What about if i want the highest volume within the last 5bars?
(Nathan Ngindu at August 30, 2020 11:17 pm)
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Change the value of 251 to a value of 5....?
(Pete Hahn at August 31, 2020 8:16 am)
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