Volume screener

• 01/19/2021 at 2:57 PM #158514
  Alfy

  Hi guys, i was hoping one of you could help me with a simple screener. The aim is on a weekly timeframe to pick up stocks with volume 1.4 times greater than the 10 week average. However my simple code seems not to be doing what i want.

  Best regards

  Volume screener

  timeframe (weekly) c1=average[10](volume) c2=volume c3=c2/c1 result=(c3>1.5) screener [result]

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  timeframe (weekly) c1=average[10](volume) c2=volume c3=c2/c1 result=(c3>1.5) screener [result]

  

  Alfy

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  01/19/2021 at 3:34 PM #158519
  robertogozzi

  There you go:

  timeframe (weekly) c1=average[10](volume) c2=volume>(c1*1.4) screener[c2]

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  timeframe (weekly) c1=average[10](volume) c2=volume>(c1*1.4) screener[c2]

   

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  Alfy

  

  robertogozzi

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  01/19/2021 at 3:37 PM #158520
  Alfy

  Thanks so much!!

  

  Alfy

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  01/28/2021 at 8:42 PM #159729
  p3sc4d0r

  c3 = Average[40](close*volume) > 3000000

  Hi to everyone. I need some help with this code. Does this mean traded volume of 3000000 stocks (number of stocks traded >3000000) or does this mean 3000000 volume of stock currency in average over last 40 days?

  Best Thanks and greets.

  

  p3sc4d0r

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  01/28/2021 at 9:38 PM #159735
  robertogozzi

  Say DAX today quotes 13000 and its volume traded is 50000, then the expression in parentheses returns 650000000, 650M, then the 40-period average of that value is calculated and compared to the numeric constant 3000000, 3M.

  Is that what you intended to achieve?

   

  

  robertogozzi

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  01/28/2021 at 10:20 PM #159742
  p3sc4d0r

  Thanks for your answer.  I am looking for a code which searches for average money volume over a certain period (for example money volume was > 3M$ per day in average over the last 40days). So if is not an Index in this example, but a stock (e.g. US-stock) it means that the average volume of money over the past 40 days was >3M$ per day or does it mean that 3M stocks were traded each day in average?

   

  Thanks in advance and best greets.

  

  p3sc4d0r

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  01/28/2021 at 10:37 PM #159745
  robertogozzi

  it means that the average volume of money over the past 40 days was >3M$ per day.

   

  

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  01/29/2021 at 11:22 PM #159879
  p3sc4d0r

  Top. Thank you very much!

  

  p3sc4d0r

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