I am trying to create a ThinkorSwim dynamic scan for going Long (Institutional Accumulation) & Short (Institutional Distribution) on Stocks based on the following criteria:
1) Stock Price has to be greater than $50 with liquidity in excess of 1,000,000 shares traded based on a 5-day Average
2) The time frame for the candles is locked at 30 minutes
3) Go Long (Institutional Accumulation) if: Weekly VWAP > Monthly VWAP and Price has pulled back to 0.25% away from -2 Standard Deviations of the Monthly VWAP
Go Short (Institutional Distribution) if: Monthly VWAP > Weekly VWAP and Price has is at 0.25% away from +2 Standard Deviations of the Monthly VWAP
Any help with the dynamic scan will be very much appreciated.
1) Stock Price has to be greater than $50 with liquidity in excess of 1,000,000 shares traded based on a 5-day Average
2) The time frame for the candles is locked at 30 minutes
3) Go Long (Institutional Accumulation) if: Weekly VWAP > Monthly VWAP and Price has pulled back to 0.25% away from -2 Standard Deviations of the Monthly VWAP
Go Short (Institutional Distribution) if: Monthly VWAP > Weekly VWAP and Price has is at 0.25% away from +2 Standard Deviations of the Monthly VWAP
Any help with the dynamic scan will be very much appreciated.