Identify Stocks in the 10% of quarterly low.


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Hi Pete, Could you please create a scan to identify the stocks which are above 10% or below 10% of the lows of last 3 months low?
Thank you,
Shaishav

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Posted by (Questions: 1, Answers: 1)
Asked on December 26, 2020 7:08 am
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Use this on the daily time frame. User input named "lookbackBars" is set to 63 because there are 21 trading days in each month (on average).

input lookbackBars = 63;
input percentThresholdAbove = 10.0;
input percentThresholdBelow = 10.0;
def targetLow = Lowest(low[1], lookbackBars);
plot scan = close > targetLow * (1 - percentThresholdBelow * 0.01) and close < targetLow * (1 + percentThresholdAbove * 0.01);

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Posted by (Questions: 37, Answers: 4084)
Answered on December 26, 2020 10:18 am
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Thank you so much
( at December 26, 2020 11:22 am)