Scan For intraday price range moves

[mediopolis]

This thread:
https://usethinkscript.com/threads/ideas-for-identifying-chop-for-thinkorswim.10168/#
is interesting. I am liking some of the chop and trying to scan for stocks that have moved between 25 - 100 points intraday. Stocks like TSLA, UPST (the last few days), etc. Is there a condition on the stock hacker that lets you find intraday price range moves? I can see things for Gap, High, low, etc. I saw you can look up the % move, but I'd like to go by price if possible.

 

[tradecombine]

It appears you don't want these:
% Change = percentage change since yesterday's close
Net Change = dollar change since yesterday's close

For intraday, you'd have to check from within that day.
The easiest way to do that would be via scanning on the daily timeframe.

Uncomment the scan you want (today, or whatever the average is). Note that I used the [1] against the average, because if you scan at the beginning of the day, and the symbol has barely moved, then it might throw off your average calculations. I used a longer length 'cause stocks have been relatively volatile recently, so you might return a lot more symbols if you shorten that length on the average.

Hope this helps!

Example: Make sure to scan against the DAILY timeframe.

input length = 252;
def dailyrange = high - low;
def AverageDailyRange = Average(dailyrange, length);


# plot scan = dailyrange >= 25 && dailyrange <= 100; # scan intraday
# plot scan = AverageDailyRange[1] >= 25 && AverageDailyRange[1] <= 100; #find the big movers, on average