Price Growth Over Time


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First, thanks for all you do.  In TC2000 you can scan for price growth over a period of time, say one month, using the formula c/minL22.  I am trying to configure a similar scan in TOS.  I would like to be able to enter a time period and filter to by % to find the top 5% or 10% gainers in that time period.  This may be impossible.  Any help is appreciated as I have not idea on how to make this work.

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Posted by (Questions: 1, Answers: 1)
Asked on January 7, 2021 8:00 pm
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Explain what this formula means and I might be able to help: "c/minL22"

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Posted by (Questions: 37, Answers: 4086)
Answered on January 8, 2021 8:38 am
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It calculates the price difference between the first and last candle in the period as a percentage of increase or decrease.
( at January 8, 2021 11:42 am)
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Sorry but I will need a much more detailed explanation before I can attempt to translate this into code that runs on Thinkorswim. So let's break this down into pieces. What does "c" mean in this formula? What does "/" mean in this formula? What does "min" mean in this formula? What does "L22" mean in this formula? I'm not even certain if I am breaking the formula down into is separate components because there are no spaces between elements.
( at January 8, 2021 11:53 am)
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I'm not entirely sure how the formula works in TC 2000 as it is a formula I found on another site. It is my understanding that the formula provides the following function: c (CLOSE)/ min (Difference of candles) L22 (Length of bars/time period). I'm not as concerned if the exact formula is replicated in TOS, but would be satisfied if a similar formula could produce a similar result to show a percentage gain/loss of a stock over a defined time period and would allow me to filter that further by only those stocks in the top defined percentage.
( at January 8, 2021 4:36 pm)
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Ok, add a new Study Filter to a scan on Thinkorswim. From the selector menu on the far left navigate to "Price Performance" and select "Price Change". Update the parameters to suit your needs. There is no way to get those results to sort based on the top x percent. If you need this then you will require a custom column for a watchlist that computes the value for each stock, then sort the watchlist by that column.
( at January 8, 2021 7:11 pm)
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10-4. Thanks for the help.
( at January 8, 2021 8:15 pm)