Scan for Last Hour High Performers

[StrawberryFields]

I'm looking for a scan that will look for stocks that have been relatively flat for the day, but then in the last hour or two of trading, make a significant rise.

Can anyone point me to a scan that will do this?

 

[cabe1332]

I'm looking for a scan that will look for stocks that have been relatively flat for the day, but then in the last hour or two of trading, make a significant rise.

Can anyone point me to a scan that will do this?

@StrawberryFields below is what works well with me after hours. You can just change the 1600 and 2000 two hours earlier or what works for you and add it as a study filter. The additional filters on Price change will help. Good luck! cabe1332

# scan script looks for Volume = 250K+ afterhours
def PostMkt = SecondsFromTime(1600) >= 0 and SecondsTillTime(2000) >= 0;
def PostVolMins = if PostMkt and !PostMkt[1] then volume
                else if PostMkt then PostVolMins[1] + volume
                else PostVolMins[1];
plot data = PostVolMins >250000;

 

[StrawberryFields]

Thanks for the reply, that sounds like what I'm looking for. When I enter that code, I get an error saying "at least one plot should be defined".

Can you see what I'm doing wrong here?

 

[cabe1332]

Thanks for the reply, that sounds like what I'm looking for. When I enter that code, I get an error saying "at least one plot should be defined".

Can you see what I'm doing wrong here?

Sorry. remove the "#" in #plot data = PostVolMins >250000;

Just updated the code above.

 

[StrawberryFields]

That did it, thanks!

 

[rad14733]

@StrawberryFields As another alternative, have you ever researched the TTM_Squeeze, or it's variants, by chance...??? It's primary purpose is to help identify "flat spots", otherwise known as "consolidation", as well as the momentum and direction on exit from consolidation... The "Squeeze", not to be confused with the "short squeeze" that was the craze in recent weeks, has become quite popular here in the forums as well as in the Discord Channel... I had experimented with it several times in the past but only recently have focused more on it for momentum and use it extensively now in my trading system... I use it more for momentum than the actual squeeze itself... Food for thought...

 

[StrawberryFields]

I have not looked at the TTM_Squeeze. Is that a scan study I can find here on the forum?

 

[rad14733]

I have not looked at the TTM_Squeeze. Is that a scan study I can find here on the forum?

Community's Guides to Utilizing the Squeeze Indicator is a start... Also use the search feature in the upper right corner as there are more than a few related topics... The TTM_Squeeze family of indicators comes standard in TOS... There are many modifications, scans, and Custom Watchlist Columns posted as well...