HOD Scanner With A Tweak

Batman

Member
Hello all. I have a high of day scanner that's pulling up a lot of nonsense, so I thought it would be brilliant to add a condition that the stock price must be at least 4% above the market open price. Any ideas on how to write up that condition? My theory is that it would narrow the search results in a way that weeds out stocks that are only very slowly uptrending and stocks that have plummeted in value and are only crawling back to their market open position.

The HOD scanner that I already have is simply:
Close: Between 2.00 and 30.00
Volume: Over 500,000
Shares: Under 50,000,000
Highs_Lows: The current price is at the 1-period high on the daily aggregation period
Custom study: ((reference VolumeAvg(length = 200).Vol - reference VolumeAvg(length = 200).VolAvg)/reference VolumeAvg(length = 200).VolAvg)*100 is greater than 100
Requested custom study: current price is at least 4% above the stock's market open price.

(It would be a great bonus condition if there was some way to also narrow the results to stocks in a strong uptrend, to weed out the stocks that keep triggering the scanner by making very slightly higher highs all day. If the higher highs are at least 5% higher than the last high, for instance, that might indicate a strong uptrend. But I understand that "strong uptrends only" is a very subjective additional condition and might be non-codable).
 
to test if the current prices is x% higher than the open, this will give a True False.

Code:
def per = 4;
def ishigher = (close > ( open * ( 1 + ( per/100 ))) );
 

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