if close is 6 month high, filter only those less than 2 x atr change (attempt)

[bigmit2011]

So I'm trying to write a custom study for a script.
The script is looking for stocks within X% of 6 month high.
However the custom study wants to add a condition to the above script.

If today's close pricing is the new 6 month high, and
today's change is 2x ATR, I want it be filtered out from the scan.





To get stocks within x percent 6 month high, I am using the study, near high lows

Now I just need a condition that if today's close is the new 6 month high, I want if filtered from my scan if change is 2x ATR;

Here is my attempt, those I am a little shaky with the if statement as I don't have an else clause.

def high = Highest(close[1], 6);
def is_high = close equal to high

def length = 14;
def atr = average((high - low)/close, length);
def cond = change < 2 * atr;

plot scan = if is_high   cond else 0;

In this situaton I will need to use two aggregations, month and daily.
ATR is using daily, while high is monthly.
How should I handle this?

Thank you.

 

[MerryDay]

In this situaton I will need to use two aggregations, month and daily.
ATR is using daily, while high is monthly.
How should I handle this?

https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/#post-72503