filter stocks based on its volatility

[vivekshahi]

Is there any script to filter stocks based on its volatility, the way trading- view has it? Volatility month/ volatility week etc ?
I wanted to scan based on volatility

I like stocks with high atr but then i do not want stocks which are not volatile. For example i like trading $Waifair which has a small ATR of 3 in comparison to $CEG which also has 3 ATR but the volatility is low.

 

[ApeX Predator]

@vivekshahi
I am pretty sure ATR is an scan element in Thinkorswim, if not, just go to script view and just type the following.

ATR() = 5

This is an example to display ticker, that move 5$ one way or the other.


you would need another filter, for IV. Something like this.

imp_volatility() >= .55

not suggesting ATR > 3 and IV > .55 should be your scanner parameters, they are used just an examples.