High Volatility Stock Screener / Scanner For ThinkOrSwim

Hi all,

New to this community, so please forgive me if I've posted in the wrong area.

I recently read an article on vantagepointtrading.com that made use of something called a high-volatility stock screen/scanner. This tool is used to find stocks that move a good deal on a daily basis. The example code given in the article runs on StockFetcher.com, but I'd like to to convert it to a scanner on TOS. Here's the code:

Code:
show stocks where the average day range (50) is above 4.5%
and Price is between $5 and $150
and Average volume (50) is greater than 4000000
and average volume (10) is greater than 4000000
and exchange is not amex
add column Average Volume (30)
add column Average Day Range (30)

My scanner skills are nonexistent as I know nothing about using scanners in TOS. I think I understand the code above enough to know the numbers should be changeable inputs and that the "add column" bits add new columns to the results.

Can someone out there give me a hand? Your help is greatly needed and appreciated. :)
 

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Here ya go! Save this scan as your watchlist, add whatever columns you want. It's an interesting scan. It would seem to display stocks that have already shot up. As a way to give back to the community, can you share how you use this information?

aaa2.png
 
Last edited:
@MerryDay Wow! This looks great!

Will be playing around with this in the coming days. I plan on using it to not as a means of looking for stocks before they shoot up but rather as a means of finding stocks that are worthy of playing (no sense playing stocks that have good Greeks but don't move).

Thanks a lot for your help!
 

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