Scan using StochaticsSlow

[cat4scotty]

Using the StochasticsSlow Study (with the overbought set at 75 and the oversold set at 25), I would like to write a Scan to search for stocks that have been below the oversold line (25%) for a certain number of bars (e.g. >20) and are currently breaking through above the 25%. Thanks..

 

[MerryDay]

@cat4scotty Where did you run into problems? It sounds like you are on the right path and have all the parts.
Chose your study, select SlowK or whatever plot you want, choose: is less than in middle column, choose value 25 in right column. Down at the bottom of the box choose: within 20 bars
If you run into problems. Make sure that you post a screen image of the error or issue.
https://usethinkscript.com/threads/how-to-insert-image-in-a-post-thread.277/
Need more help:
https://usethinkscript.com/threads/how-to-use-thinkorswim-stock-hacker-scans.284/

 

[Joshua]

This may sound odd, given that we're on this site, but I don't actually use any indicators, at least not in the traditional sense. I am not sure if you need the K or D plot, or if the parameters in the referenced study are needed. However, something like this should probably suffice?

def Slow = reference StochasticSlow().SlowK;
def Count = if Slow < 25 then Count[1] + 1 else 0;
plot Result = if Slow > 25 and Count[1] > 20 then yes else no;

In stock hacker, you would want "Result" to be True.