Break out Screener with High Volume to the Down Side

• 09/18/2022 at 11:35 PM #200986
  Mary

  Hello,  the Breakout screener with high volume below only shows stocks for the Upside Breakout.

  How can this Screener below be modified to do the same thing for the Downside please?  Breakout candle with high volume to the Down side?  Thank you.

  // today variation
  tdVar = (close[0] – open[0]) / open[0] * 100

  // Var condition
  avgVar = 0
  for i = 1 to 10 do
  if (close[i] > open[i]) then
  avgVar = avgVar + (close[i] – open[i]) / open[i]
  else
  avgVar = avgVar + (open[i] – close[i]) / close[i]
  endif
  next
  avgVar = avgVar / 10 * 100

  c1 = tdVar > avgVar

  // highest break condition
  maxValue = highest[10](high)[1]
  c2 = maxvalue < close and open < maxvalue

  // Volume condition
  avgVol = average[20](volume)
  sum = 0
  for i=0 to 20
  if (volume[i] < avgVol*10) then
  sum = sum + volume[i]
  else
  sum = sum + avgVol
  endif
  next

  avgVol = sum / 21
  c3 = avgVol > 1000

  // Breakout Var%
  breakoutVar = (close – maxvalue)/close*100

  // Screener
  SCREENER[c1 and c2 and c3](breakoutVar as “Breakout Var%”)

  

  Mary

  Participant

  Topics: 35

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  Been thanked: 4 times
  09/19/2022 at 6:54 AM #200988
  robertogozzi

  Try this one (not tested):

  // today variation tdVar = (close[0] – open[0]) / open[0] * 100 // Var condition avgVar = 0 for i = 1 to 10 do if (close[i] > open[i]) then avgVar = avgVar + (close[i] – open[i]) / open[i] else 
 avgVar = avgVar + (open[i] – close[i]) / close[i] endif 
next avgVar = avgVar / 10 * 100 c1 = tdVar > avgVar // lowest break condition
minValue = lowest[10](low)[1] c2 = minValue > close and open > minValue // Volume condition avgVol = average[20](volume) sum = 0 for i=0 to 20 
 if (volume[i] < avgVol*10) then sum = sum + volume[i] else sum = sum + avgVol endif next avgVol = sum / 21
 c3 = avgVol > 1000 // Breakout Var% breakoutVar = abs(close – minValue)/close*100 // Screener SCREENER[c1 and c2 and c3](breakoutVar as “Breakout Var%”)

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

  // today variation tdVar = (close[0] – open[0]) / open[0] * 100 // Var condition avgVar = 0 for i = 1 to 10 do    if (close[i] > open[i]) then       avgVar = avgVar + (close[i] – open[i]) / open[i]    else       avgVar = avgVar + (open[i] – close[i]) / close[i]    endif next avgVar = avgVar / 10 * 100 c1 = tdVar > avgVar // lowest break condition minValue = lowest[10](low)[1] c2 = minValue > close and open > minValue // Volume condition avgVol = average[20](volume) sum = 0 for i=0 to 20    if (volume[i] < avgVol*10) then       sum = sum + volume[i]    else       sum = sum + avgVol    endif next avgVol = sum / 21 c3 = avgVol > 1000 // Breakout Var% breakoutVar = abs(close – minValue)/close*100 // Screener SCREENER[c1 and c2 and c3](breakoutVar as “Breakout Var%”)

  

  robertogozzi

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  09/19/2022 at 7:33 AM #200992
  Mary

  Thank you I put in the code but there is an error saying that

  minValue is not defined.

  Can this be corrected please?

  Thank you

   

   

   

  

  Mary

  Participant

  Topics: 35

  Replies: 40

  Been thanked: 4 times
  09/19/2022 at 8:36 AM #200995
  robertogozzi

  Sorry, it’s due to line 14 having mistakingly joined two lines.

  Replace it with these lines:

  // lowest break condition
 minValue = lowest[10](low)[1]

  1 2	// lowest break condition minValue = lowest[10](low)[1]

  

  robertogozzi

  Moderator

  Topics: 69

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  09/19/2022 at 10:31 PM #201061
  Mary

  Hi Robert,

  I fixed it as you suggested but now the code is not showing error but returning nothing at all not on nasdaq, not on nyc not, not on any georaphic zone.

  this is the code I have fixed as you suggested:

  // today variation
  tdVar = (close[0] – open[0]) / open[0] * 100
  // Var condition
  avgVar = 0
  for i = 1 to 10 do
  if (close[i] > open[i]) then
  avgVar = avgVar + (close[i] – open[i]) / open[i]
  else
  avgVar = avgVar + (open[i] – close[i]) / close[i]
  endif
  next
  avgVar = avgVar / 10 * 100
  c1 = tdVar > avgVar
  // lowest break condition
  minValue = lowest[10](low)[1]
  c2 = minValue > close and open > minValue
  // Volume condition
  avgVol = average[20](volume)
  sum = 0
  for i=0 to 20
  if (volume[i] < avgVol*10) then
  sum = sum + volume[i]
  else
  sum = sum + avgVol
  endif
  next
  avgVol = sum / 21
  c3 = avgVol > 1000
  // Breakout Var%
  breakoutVar = abs(close – minValue)/close*100
  // Screener
  SCREENER[c1 and c2 and c3](breakoutVar as “Breakout Var%”)

   

   

  

  Mary

  Participant

  Topics: 35

  Replies: 40

  Been thanked: 4 times
  09/20/2022 at 7:50 AM #201068
  robertogozzi

  Sorry, I missed changing a line. Replace the line just below the line FOR…. with this one:

  if (close[i] < open[i]) then

  1	if (close[i] < open[i]) then

  

  robertogozzi

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  Topics: 69

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  09/20/2022 at 9:31 PM #201110
  Mary

  Thank you Robert,  screener working great!

   

  1 user thanked author for this post.

  robertogozzi

  

  Mary

  Participant

  Topics: 35

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