% change > 5 (+ or -) during the last candle

[fayaz786]

Folks,

As the title says, I am looking to essentially get alerts right after there is a + or - 5% change during a 1 minute time frame for any of the stocks in the market. Script should check for % change >= 5 during the previous 1 minute candle and provide alerts accordingly or add it to a dynamic watchlist

Appreciate any help I get in this area!

Thanks very much,
Fayaz S

 

[CapitaineFlam88]

I have this, there might be something missing. But it's design for 1 min chart. But it will show you a bubble when the price change 5%. You can create an alert with the variables.

def agg = AggregationPeriod.DAY; #mets l'aggregation temporairement à 1 min.
def LowHighLHCP = Round ((high - low) / low * 100);
AddLabel (yes, "LHC %: " + LowHighLHCP + "  ", if LowHighLHCP >= 5 then Color.RED else  Color.GRAY);


AddChartBubble( high, "5");
AddChartBubble( (LowHighLHCP >= 5), low, "5", Color.RED, yes);
#AddChartBubble( (LowHighLHCP <= 5), high, "5", color.green, yes);

 

[fayaz786]

I have this, there might be something missing. But it's design for 1 min chart. But it will show you a bubble when the price change 5%. You can create an alert with the variables.

def agg = AggregationPeriod.DAY; #mets l'aggregation temporairement à 1 min.
def LowHighLHCP = Round ((high - low) / low * 100);
AddLabel (yes, "LHC %: " + LowHighLHCP + "  ", if LowHighLHCP >= 5 then Color.RED else  Color.GRAY);


AddChartBubble( high, "5");
AddChartBubble( (LowHighLHCP >= 5), low, "5", Color.RED, yes);
#AddChartBubble( (LowHighLHCP <= 5), high, "5", color.green, yes);

Really appreciate your time to review my Q and reply. I must have been more clear, idea is to alert or add to watchlist any stock in the market that fulfils this criteria for a given 1 min previous candle as opposed to a specific stock that I am tracking. I have updated my Q and will play around with your above code for now. Thanks very much!

 

[tradecombine]

@fayaz786 ,
One thing I noticed is that you said "1 -minute" so I must warn you that watchlists don't update frequently enough to use such a low time frame.

Some things that might help you.
1. manually scan over-and-over again
2. load up charts for the symbols you want to get alerts on ( see the post 66780 thread below)
3. Pop-out the message center into a separate, visible window (see the post about alerts in the answers-to-comonly-asked-questions thread below)

Other links that might help you:
Answers to Commonly Asked Questions
https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/

Questions About Alerts
https://usethinkscript.com/threads/questions-about-alerts.337/page-4#post-66780

How to Change ThinkorSwim Refresh Rate
https://usethinkscript.com/threads/how-to-change-thinkorswim-refresh-rate.1181

How to Add Alert Script to ThinkOrSwim Indicators
https://usethinkscript.com/resources/how-to-add-alert-script-to-thinkorswim-indicators.9/

Here's study and scan code.

# Study:
input multiplier = 1.05;
def condition = close >= multiplier * close[1];
Alert(condition, Hooray, Alert.Bar, Sound.Chimes);

# Scan:
input multiplier = 1.05;
def condition = close >= multiplier * close[1];
plot scan = condition;

 

[fayaz786]

@fayaz786 ,
One thing I noticed is that you said "1 -minute" so I must warn you that watchlists don't update frequently enough to use such a low time frame.

Some things that might help you.
1. manually scan over-and-over again
2. load up charts for the symbols you want to get alerts on ( see the post 66780 thread below)
3. Pop-out the message center into a separate, visible window (see the post about alerts in the answers-to-comonly-asked-questions thread below)

Other links that might help you:
Answers to Commonly Asked Questions
https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/

Questions About Alerts
https://usethinkscript.com/threads/questions-about-alerts.337/page-4#post-66780

How to Change ThinkorSwim Refresh Rate
https://usethinkscript.com/threads/how-to-change-thinkorswim-refresh-rate.1181

How to Add Alert Script to ThinkOrSwim Indicators
https://usethinkscript.com/resources/how-to-add-alert-script-to-thinkorswim-indicators.9/

Here's study and scan code.

# Study:
input multiplier = 1.05;
def condition = close >= multiplier * close[1];
Alert(condition, Hooray, Alert.Bar, Sound.Chimes);

# Scan:
input multiplier = 1.05;
def condition = close >= multiplier * close[1];
plot scan = condition;

Thanks for your reply! This is a great answer. As a work around I will use two computers, one for “manually” scanning every minute with auto mouse clicker application and the other to trade with. That is the only option I could think of… Regardless, appreciate your response!

 

[fayaz786]

@fayaz786 ,
One thing I noticed is that you said "1 -minute" so I must warn you that watchlists don't update frequently enough to use such a low time frame.

Some things that might help you.
1. manually scan over-and-over again
2. load up charts for the symbols you want to get alerts on ( see the post 66780 thread below)
3. Pop-out the message center into a separate, visible window (see the post about alerts in the answers-to-comonly-asked-questions thread below)

Other links that might help you:
Answers to Commonly Asked Questions
https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/

Questions About Alerts
https://usethinkscript.com/threads/questions-about-alerts.337/page-4#post-66780

How to Change ThinkorSwim Refresh Rate
https://usethinkscript.com/threads/how-to-change-thinkorswim-refresh-rate.1181

How to Add Alert Script to ThinkOrSwim Indicators
https://usethinkscript.com/resources/how-to-add-alert-script-to-thinkorswim-indicators.9/

Here's study and scan code.

# Study:
input multiplier = 1.05;
def condition = close >= multiplier * close[1];
Alert(condition, Hooray, Alert.Bar, Sound.Chimes);

# Scan:
input multiplier = 1.05;
def condition = close >= multiplier * close[1];
plot scan = condition;

Actually, I have a Q if I may on the code you gave for scan - I don’t see it mentioning the 1 minute time period, would you happen to know how do I get it working with 1 minute (candles) time frame? Do I have use 1 minute aggregation period?

 

[MerryDay]

@fayaz786 The aggregation is set in Scan Hacker: