scan for this gapping price action?

rastas

New member
Please see attached. Can someone tell me how to scan for stocks that are currently in the white circled area, where the following happened on a five minute chart:

1. price opened up higher then previous day. Usually with a gap up, but not always
2. after 4, 5, 6 green bars, the price reverted lower to the white circled area

Is there a way to search for this sort of action in the scanner? Or, at the very least can someone tell me how to scan for any stock that gapped up at the open (the gap up scan feature only seems to use the terms "previous bar". If I'm running a scan at, say, noon, I want it still to show me a gap up that happened at the market's open.

Thank you in advance!
 

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Solution
As for the Gap criteria, Stock Hacker has both Gap Up and Gap Down "Scan In" categories...
5pecbaE.png


As for a number of trend candles, that is just basic logic based on candle comparisons... If you can logically think it out, you can more than likely code it as long as it's within Thinkscripts limitations...
As for the Gap criteria, Stock Hacker has both Gap Up and Gap Down "Scan In" categories...
5pecbaE.png


As for a number of trend candles, that is just basic logic based on candle comparisons... If you can logically think it out, you can more than likely code it as long as it's within Thinkscripts limitations...
 
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