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Price drop 20% from highest high to lowest low in 60 days
Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 1/6/2009(UTC) Posts: 36 Location: Los Angeles
Thanks: 4 times
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I am trying to find stocks that have dropped by at least 20% from "highest High" to "lowest Low", over a 60-day period, AND that have ranged in CLOSING prices between $2 to $10 over the past 60 days. Also, I'd like to also ensure that Volume has >= 100,000 daily average over a 30-day period.
I have part of the formula, but need help with the rest:
((HHV(H,30) - LLV(L,30)) / HHV(H,30) >= 0.20 AND HHVBars(H,30) > LLVBars(L,30))
Thanks,
Mark McPherson
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers Joined: 10/8/2010(UTC) Views messages in topic : 1,960
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Hi,
You can try the following formula to see if this meets your criteria:
((HHV(H,60) - LLV(L,60)) / HHV(H,60) >= 0.20 AND HHVBars(H,60) > LLVBars(L,60)) AND LLV(C,60) >= 2 AND HHV(C,60) <= 10 AND Mov(V,30,S) >= 100000
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users Joined: 1/6/2009(UTC) Posts: 36 Location: Los Angeles
Thanks: 4 times
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Thank you for your quick response. I am wondering... do I really need the "HHVbars" portion. Maybe I don't quite understand its purpose, since the first part of the formula is going back 60 days looking at High/Low.
Originally Posted by: MS Support Hi,
You can try the following formula to see if this meets your criteria:
((HHV(H,60) - LLV(L,60)) / HHV(H,60) >= 0.20 AND HHVBars(H,60) > LLVBars(L,60)) AND LLV(C,60) >= 2 AND HHV(C,60) <= 10 AND Mov(V,30,S) >= 100000
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers Joined: 10/8/2010(UTC) Views messages in topic : 1,960
Thanks: 92 times Was thanked: 155 time(s) in 150 post(s)
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Seems like it could be redundant in some cases, but perhaps for example a security could spike up, then down, then back up again. That most recent spike up could also be a 20% move so the additional criteria would ensure it would only capture the ones where the Low value is more recent than the High value.
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Price drop 20% from highest high to lowest low in 60 days
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