Hi nasdaqtrader,

If we look at your exploration criteria, you are looking for stocks with a price greater than 25 AND volume traded greater than 1000. Compare these two stocks, one has a price of exactly 25 dollars and trades 1000 shares, the other has a price of 250 dollars but only trades 100 shares.

People have tried to give the meausrement of (price * volume) a name, like "value traded" and such, but I personally like "valume".

You can adjust the "valume" to a different threshold to capture the cheaper stocks which will be their very nature have a higher volume traded (on average) and the more expensive stock with a smaller average volume. Set the level high enough and your list of stocks will be small; set it too high and you will get no results, set it too low and you will see too many results. Maybe you could do some analysis using something like Excel to find the 95th percentile of the average daily "valume" for the exchanges you trade? Please let us all know the results.

You might like to make your filter condition something like:

filter: (c*v)>25000 AND cold>1


Hope this helps.

wabbit [:D]