Scan for stocks with high ATR?

RPrado

Member
Lifetime
Hi. I wonder if anyone has a scanner that identifies wide range ATR? The breakout indicator is very good for when I have selected a specific ticker. But I am looking to find stocks in wide range ATR in pre market. Thank you,
 

Brettser16

New member
I was wondering if theres a scan that searches for stocks that have a high atr? Example shop has an atr of 18$ on the daily chart is there a way to search for one that's say atr 8 and higher? I have the script of it would help
 

MBF

Active member
2019 Donor
I was wondering if theres a scan that searches for stocks that have a high atr? Example shop has an atr of 18$ on the daily chart is there a way to search for one that's say atr 8 and higher? I have the script of it would help
Hi Brett, here ya go. Also you can switch it to what you like. Tweak volume, ADX etc ...
https://tos.mx/OKmxgrM
 

tomsk

Well-known member
VIP
@Brettser16 Here is a scan for 2.5 times the ATR. Place the following code in the scanner.
I just scanned the S&P 500 using a daily aggregation and obtained 6 hits

def factor = 2.5;
plot scan = TrueRange(high[1], close[1], low[1]) >= Average(TrueRange(high[1], close[1], low[1]), 10) * factor;
 
Last edited:

wilmanv

Member
VIP
@Brettser16 Here is a scan for 2.5 times the ATR. Place the following code in the scanner.
I just scanned the S&P 500 using a daily aggregation and obtained 6 hits

def factor = 2.5;
plot scan = TrueRange(high[1], close[1], low[1]) >= Average(TrueRange(high[1], close[1], low[1]), 10) * factor;
Thanks
 

wilmanv

Member
VIP
Any Idea how do a scan on TOS, for know what stocks have an ATR between a range value?

Thanks People
 

BenTen

Administrative
Staff
VIP
@wilmanv You can set it up using the scanner's condition. Something like this:

 

FreefallJM03

Member
VIP
@BenTen That should work. Using this in conjunction with the SuperTrend scan. I like stocks that trade with at least a 50 cent ATR. I also use the trend reversal indicator. I know it repaints, but I may have found a visual fix for it that works for me. I've managed 15% to 22% returns on the last several trades I've done over two months. Problem I've had with scanning for the most part is filtering out all the stocks with low ATRs.
 

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