Fundamentals Scan

sherkhane

New member
Hello Everyone,

Can someone help me create this scan to match all the following?

Market Cap < 100m
Price to Sales Ration < 2
( rank of( change of close over 200 days ) across true where true) > 150
Piotroski F-Score T12M > 1
( average ( volume x Close ) within 7 days ) > 100000

Thanks in advance
 
Solution
ToS platform provides us with the following Fundamentals:
https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Stock-Fundamentals
To add them to the Scan Hacker, Click on +AddFilter, click on Fundamentals, click on the default, choose which ones you want.
The ToS platform does not provide for the use of fundamentals in a custom conditions.
B19V3u2.png
Last edited:
Solution
ToS platform provides us with the following Fundamentals:
https://tlc.thinkorswim.com/center/reference/thinkScript/Functions/Stock-Fundamentals
To add them to the Scan Hacker, Click on +AddFilter, click on Fundamentals, click on the default, choose which ones you want:
B19V3u2.png
Is it possible to make a custom scan script that references fundamentals? For example, to scan for stocks whose book value per share is at least 100% higher than the close price. I tried to do this earlier and got an error, so it seems that it's not possible.

To clarify, I wanted to make a scan like this as a custom condition (paraphrased - I made sure when I actually did it that the syntax was correct):

plot scan = close<=(BookValue*2);

When I do this kind of script as a scan condition, I get an error. It seems that it's not possible to reference the fundamentals in scans this way.
 
Last edited by a moderator:
Is it possible to make a custom scan script that references fundamentals? For example, to scan for stocks whose book value per share is at least 100% higher than the close price. I tried to do this earlier and got an error, so it seems that it's not possible.

To clarify, I wanted to make a scan like this as a custom condition (paraphrased - I made sure when I actually did it that the syntax was correct):

plot scan = close<=(BookValue*2);

When I do this kind of script as a scan condition, I get an error. It seems that it's not possible to reference the fundamentals in scans this way.
The ToS platform does not provide for the use of fundamentals in a custom conditions.
The only scan for fundamentals is shown above.
 
I would like help on for highest weighted fundamental score with these weights:

# Weighted matrix of indicators
def weight_PS = 1;
def weight_PB = 2;
def weight_DIV_YIELD = 3;
def weight_ROE = 6;
def weight_EARNINGS_GROWTH = 5;
def weight_DEBT_TO_EQUITY = 3;
def weight_FCF = 3;
def weight_OPERATING_MARGIN = 4;
def weight_P_OCF = 2;
def weight_MARKET_CAP = 5;
 
Last edited by a moderator:
I Have a failed CH GPT failed script I would like help on for a scan
# Define the scan
# Weighted matrix of indicators
def weight_PS = 1;
def weight_PB = 2;
def weight_DIV_YIELD = 3;
def weight_ROE = 6;
def weight_EARNINGS_GROWTH = 5;
def weight_DEBT_TO_EQUITY = 3;
def weight_FCF = 3;
def weight_OPERATING_MARGIN = 4;
def weight_P_OCF = 2;
def weight_MARKET_CAP = 5;

No. It is not possible to scan for a weighted score based on fundamentals. As the ToS platform does not provide for the use of fundamentals in a custom scan scripts. No, there are no workarounds.

While weighted-scripts cannot be used in the scanner, here is an example of how to set the default scan fields for the fundamentals that are available:
https://usethinkscript.com/threads/fundamentals-scan.10719/#post-94494

You can create a weighted score to display in a label. Here is a script that creates a weighted fundamental score:
https://usethinkscript.com/threads/financial-fundamentals-labels-for-thinkorswim.5308/
You can change the weights to meet your needs.

FYI, the script in the link above can ONLY be used as a label on a chart.
Fundamentals are not available for custom scripting in any of the ToS widgets such as watchlists, scanners, conditional orders, etc...

Your chatGPT code was deleted from your post because of the numerous errors.
 
Last edited by a moderator:

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