Price Drop after Ex-Dividend Date

XATPER

New member
I'm trying to find stocks that have dropped more than the dividend payment (on the Ex-Date or after) I've come close with :

input days = 1;
plot scan = GetDividend() from days bars ago and close is less than close + GetDividend() from days bars ago;

but some of the results don't meet the desired "price drop".
Any help would be appreciated.
 
Try this: change less than close to less than close[1]

input days = 1;
plot scan = GetDividend() from days bars ago and close is less than close[1]+ GetDividend() from days bars ago;
Thanks, that helped... not perfect, but better than what I had. I appreciate the help.
 
I'm trying to find stocks that have dropped more than the dividend payment (on the Ex-Date or after) I've come close with :

input days = 1;
plot scan = GetDividend() from days bars ago and close is less than close + GetDividend() from days bars ago;

but some of the results don't meet the desired "price drop".
Any help would be appreciated.

when i make a column study, i start with a lower, to experiment with.
i think this lower study will work as a scan.

this will show a yellow bubble when a dividend happens.
the next bar will be cyan if the price drop is more than the dividend.

change this to = no , to turn off bubbles
input bubble = yes;

Code:
#dividend_drop

#Price Drop after Ex-Dividend Date
#XATPER  Feb 18, 2024
#I'm trying to find stocks that have dropped more than the dividend payment (on the Ex-Date or after) I've come close with :

declare lower;

#input days = 1;
def div = if isnan(GetDividend()) then 0 else GetDividend();
def isdiv = div > 0;
def diff = close - close[1];
def isbigdrop = isdiv[1] and diff < -div[1];

plot z1 = isbigdrop;

#addverticalline(isdiv,"-");

input bubble = yes;
addchartbubble(bubble, 0,
 isdiv + "\n" +
 div + " div\n" +
 diff + "diff"
, (if isbigdrop then color.cyan else if isdiv[0] then color.yellow else color.gray), yes);

#plot z = 0;
#
 

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