Trend scanner – within 30% of 3 year highs condition

• 06/19/2023 at 10:08 AM #216457
  timmmmmbo

  Hi all I am wondering if you can please assist me, I am running the below scans – however I am wanting to ensure the results are within ‘30% of the 150 week highs’… I have mucked around and come up with the below scan including condition of:

  TIMEFRAME (WEEKLY)
  c9 = close/highest[150](high)>0.7 and close/highest[150](high)<1

  But it seems to be resulting a few stocks that are 40%+ from their 3 year highs…. can you anyone please offer advise? The main aim is trending stocks, within 30% of 3 year highs…

   

   

  The full scan I run is below: thanks in advance

  _________________________________________________________________

   

  //TIMMMMMBOS

  ma50=exponentialaverage[50]
  ma150=exponentialaverage[150]
  ma200=exponentialaverage[200]
  indicator3 = Average[40](Volume)

  c1 = Close > exponentialaverage[50]
  c2 = ma50>ma150
  c3 = ma150>ma200
  c4 = summation[20](ma200>ma200[1])=20
  c5 = Close/lowest[250](low)>1.3
  C6 = (close > 2)
  C7 = (close < 10)
  C8 = (indicator3 > 50000)

  TIMEFRAME (WEEKLY)
  c9 = close/highest[150](high)>0.7 and close/highest[150](high)<1

  TrendTemplate = c1 and c2 and c3 and c4 and c5 and c6 and c7 and c8 and c9

  screener[TrendTemplate]

  

  timmmmmbo

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  06/19/2023 at 12:28 PM #216468
  JS

  Hi,

  The history of a screener is limited to 256 bars (Premium version 1024 bars)

  Exponential averages use more history than the specified time period, so a problem may arise here…

  In the premium version of PRT, the screener seems to work well…

  1 user thanked author for this post.

  timmmmmbo

  

  JS

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  06/20/2023 at 1:10 AM #216495
  timmmmmbo

  Thanks for response, I thought by changing time frame to ‘weekly’ it would work as only 150 weeks? as I was aware around 250 was the maximum bars

   

  ‘TIMEFRAME (WEEKLY)
  c9 = close/highest[150](high)>0.7 and close/highest[150](high)<1′

  

  timmmmmbo

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