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Scan for x% of volume based on 30-day daily volume average

ARL

Member
Plus
Hello! If this script already exists, please point me in that direction. Couldn't locate anthing like this but may have missed it.

Requesting help for a scan that shows stocks that are at least 10% of the daily volume average (based on last 30 days). An example of scan result: average daily volume of a stock over the last 30 days = 850,000 shares and is currently trading for the day a volume of at least 85,000 shares.

I'd be using this on a 5 min chart and would need to change the % depending on time of day.

Thanks in advance for your help!
 
Last edited:
Solution
here you go
Code:
#minimum volume
input min_vol = 85000;
#desired volume is greater than 10%
input desired_vol= 10;
input length = 30;
def VolAvg = Average(volume, length);
def percent =(volume/volavg)*100;
plot scan = percent>desired_vol and min_vol;
here you go
Code:
#minimum volume
input min_vol = 85000;
#desired volume is greater than 10%
input desired_vol= 10;
input length = 30;
def VolAvg = Average(volume, length);
def percent =(volume/volavg)*100;
plot scan = percent>desired_vol and min_vol;
 
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