Is my thinkscript for DollarVolume and AvgVolume incorrect?

pymoondra

New member
My goal is to scan for stocks that have avg dollar volume for past 12 days to be great than $1.5 million
and for average volume for stocks for past 30 days to be 200k.

I've included other filters in my scan like:

2% gain
Price should be over .30


However, when I run the scan, I don't certain stocks, that should be included.
For example HUSA today (06/16/2022) should fit the criteria, but it's not appearing in my scan.

So I feel like I am making a mistake with my thinkscript or scan?

What mistake am I making?
Here is my thinkscript for average volume > 200k and $volume > 1.5 million:
Code:
def minVol = 200000;
def volCond = VolumeAvg(30).volavg > minVol;
def dollarVolume = VolumeAvg(12).volavg * close;
plot scan = dollarVolume > 1500000 and volCond;

And here are the filters I am using:

( I can't seem to upload images properly)

https://ibb.co/LzDBpft

Does anyone have any ideas?
Thank you.
 
Last edited by a moderator:
Solution
Since "VolumeAvg()" already gives you the average, I don't think you need the ".volavg" if you are only looking for a binary true/false.

Try:

Code:
def minVol = 200000;
def volCond = VolumeAvg(30) > minVol;
def dollarVolume = VolumeAvg(12) * close;
plot scan = dollarVolume > 1500000 and volCond;
Since "VolumeAvg()" already gives you the average, I don't think you need the ".volavg" if you are only looking for a binary true/false.

Try:

Code:
def minVol = 200000;
def volCond = VolumeAvg(30) > minVol;
def dollarVolume = VolumeAvg(12) * close;
plot scan = dollarVolume > 1500000 and volCond;
 
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