52-week Highs/Lows For ThinkOrSwim

[HighBredCloud]

@XeoNoX To scan for a new 52 week low...Does anything else need to be updated in your script?

##Percent Away From High by XeoNoX via https://usethinkscript.com/
##  Change Percent_value to desired percent
##  Example 3.0 means 3%   1.5 means 1.5%
##  NOTE: 252 is standard agregration for days in a regular trading year according to thinkscript
##  If you want 6 Months change the "PERIOD" to 126 and for a month change to 30, Week change to 7.
##  Be sure to set the Agregation to Day
##
def Percent_value = 50;
def number_of_days = 252;

def price = close;
def choice = High;
def hi = high;
def lo = low;
plot scan = price <= lowest(lo,number_of_days )* ((100 - percent_value) /100);
#End of Script

 

[XeoNoX]

you almost had it right, you need to add a negative for the percent value. here is the correct code for scanning for the LOWEST (period) low, in this case this example below scans for stocks within 10% of the 252 day (52 week) low

##Percent Away From Low by XeoNoX via https://usethinkscript.com/
##  Change Percent_value to desired percent
##  Example -3.0 means 3%   -1.5 means 1.5% away from the (number_of_day/period) low
##  NOTE: 252 is standard agregration for days in a regular trading year according to thinkscript
##  If you want 6 Months change the "PERIOD" to 126 and for a month change to 30, Week change to 7.
##  Be sure to set the Agregation to Day
##
def Percent_value = -10;
def number_of_days = 252;

def price = close;
def choice = High;
def hi = high;
def lo = low;
plot scan = price <= lowest(lo,number_of_days )* ((100 - percent_value) /100);
#End of Script

 

[HighBredCloud]

@XeoNoX Thank you for correcting this...As you can tell I am not a coder but trying as much as I can to figure things out on my own...This scan will come in very handy.

 

[XeoNoX]

Thank you for correcting this...As you can tell I am not a coder but trying as much as I can to figure things out on my own...This scan will come in very handy.

Your welcome.... Keep trying and playing with it and asking questions, its how i learned, i didnt mean to learn it, it just happened as i started coming up with ideas and a bunch of trial and error and research. i still have much to learn.

 

[sivakumar777]

@BenTen Hi when I try to add this to my custom study under scan tab it says "exactly only one plot accepted" error, am I adding it in wrong place?

 

[BenTen]

@sivakumar777 That's not the correct way to do it. You can't add a watchlist column via the Scan tab.

Watch the second half of the video below if you need help with adding custom watchlist columns.

 

[Nikola]

Hope i posted the image right, Im trying to find stocks 5% BELOW the 52wk high....using this finds me stocks above AND below... any help

 

[BenTen]

@Nikola @vro3 Check out this thread: https://usethinkscript.com/threads/...ence-between-last-price-and-52-week-low.1008/

 

[Nikola]

@Nikola @vro3 Check out this thread: https://usethinkscript.com/threads/...ence-between-last-price-and-52-week-low.1008/

I was more looking to catch things before the break of a new high, like 10day or 1month high, so i prefer a scan

 

[markos]

I was more looking to catch things before the break of a new high, like 10day or 1month high, so i prefer a scan

@Nikola @vro3 what @BenTen gave would work as a scan with a change of a few words.

Further, the picture in the 1st post returned just what it was supposed to.

Try the built in High, Higher or Highest as you've built in 1st post.

Read the manual. Keep trying. Look in the tutorials section, I know the OneNote has some direction also. Good luck.

 

[Greezee]

I'm looking to create a scan that has multiple filters. One of the filters, I'd like to create is to identify if the stock is within 5 % of the 52 week high. I have this code which identifies if it equals the 52 week high, but not sure how to do the math for the %.

plot scan;
scan = close == highest(high,52);

 

[XeoNoX]

@Greezee price 5% within 52 week high

Appreciation Goes a long way, remember to hit the like button if you found this post useful

def price = close;
input period = 252;

input choice1 = 5.0;

def hi = high;


def  scan = price >= highest(hi,period)* ((100 - choice1) /100);

 

[XeoNoX]

thank you! possible to do ATH instead of 52? and a scan? I'm sure it is... haven't looked yet.

just change where it says DAY to month, and put in the #of months.

 

[Butler]

The following code will create two labels that display the 52 week high and low on any time frame. Please note: you must have at least 2 Days of data. In other words, this works on 2D:1M not 1D:1M. It works on 5D:5M, 5D:15M, 10D:30M, 20D:1H, 180D:4H, 1Y:1D and 3Y:1W. Again, to use this on the 1 min chart you need to create a custom time frame of at least 2D:1M for it to work.

#CODE BELOW
AddLabel(1, "52Week HIGH = " + Highest(high(period = AggregationPeriod.Week),52), Color.green);
AddLabel(1, "52Week LOW = " + Lowest(low(period = AggregationPeriod.Week),52), Color.red);
#END CODE

 

[DMacTrades]

Hi @XeoNoX. First off, thanks for posting. Much appreciated.

I am getting results that don't seem to match the % off the 52 high. For example, I am running a scan on January 18, 2021 using the code set at 5% off the high of the past 252 days (code below) and I am getting results where the difference between the closing price of the ticker and the 52 week high are significantly greater than 5%. Am I doing something wrong? In this instance, I am looking for tickers that are 5% below their high of the past year.

Thanks for your help!

CODE AS ENTERED IN THINKSKIPT:

##Percent Away From High by XeoNoX via [URL]https://usethinkscript.com/[/URL]
##  Change Percent_value to desired percent
##  Example 3.0 means 3%   1.5 means 1.5%
##  NOTE: 252 is standard agregration for days in a regular trading year according to thinkscript
##  If you want 6 Months change the "PERIOD" to 126 and for a month change to 30, Week change to 7.
##  Be sure to set the Agregation to Day
##
def Percent_value = 5;
def number_of_days = 252;

def price = close;
def choice = High;
def hi = high;
def lo = low;
plot scan = price <= highest(hi,number_of_days )* ((100 - percent_value) /100);
#End of Script

 

[XeoNoX]

@DMacTrades post a FULL SCREENSHOT of where you have the code entered

 

[DMacTrades]

@DMacTrades post a FULL SCREENSHOT of where you have the code entered

Thanks for taking a look at this. Below is the scan setup and your code in the ThinkScript Editor.

 

[XeoNoX]

You're right, its not working right. Formula is not correct.
change to

plot  scan = price >= highest(hi,number_of_days )* ((100 - percent_value) /100);

so that it says:

##Percent Away From High by XeoNoX via https://usethinkscript.com/
## Change Percent_value to desired percent
## Example 3.0 means 3% 1.5 means 1.5%
## NOTE: 252 is standard agregration for days in a regular trading year according to thinkscript
## If you want 6 Months change the "PERIOD" to 126 and for a month change to 30, Week change to 7.
## Be sure to set the Agregation to Day
##
def price = close;
input number_of_days = 252;
input percent_value = 3.0;

def hi = high;
def lo = low;

plot scan = price >= highest(hi,number_of_days )* ((100 - percent_value) /100);

or

You can use the built in scanner under PRICE PERFORMANCE >NEAR HIGHS LOWS

 

[mourningwood4521]

Thanks for taking a look at this. Below is the scan setup and your code in the ThinkScript Editor.

Hey, how did you get the color codes on the right hand side like that?

 

[XeoNoX]

Hey, how did you get the color codes on the right hand side like that?

He used the

assignBackgroundColor

https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Look---Feel/AssignBackgroundColor

Example:

assignBackgroundColor (if  close is greater than 5 then color.red else color.black);