Spread visualize

[shakib3585]

Greetings all,

I am trying to create a code for visualizing spread during regular and pre/post hours. I have generated the code as given. During regular hours, I rarely see the label turn green, even though the stock price is going up. Sometimes the label turns black. Also, during pre/post hours , is there a way to see the spread? Please help.

Thanks

def A = close(priceType = PriceType.ASK);
def B = close(priceType = PriceType.BID);

def spread  = B - A;

Addlabel(yes,"Spread : " +Spread ,if spread>=0 then color.green else color.red);

 

[tradelex20]

Greetings all,

I am trying to create a code for visualizing spread during regular and pre/post hours. I have generated the code as given. During regular hours, I rarely see the label turn green, even though the stock price is going up. Sometimes the label turns black. Also, during pre/post hours , is there a way to see the spread? Please help.

Thanks

def A = close(priceType = PriceType.ASK);
def B = close(priceType = PriceType.BID);

def spread  = B - A;

Addlabel(yes,"Spread : " +Spread ,if spread>=0 then color.green else color.red);

Try this one

AssignBackgroundColor(if Ask-bid < 0.10 then color.GREEN else color.GRAY);
addlabel(yes, if Ask- bid< 0.10 then "Good"  else "Bad", color.black);

 

[shakib3585]

Try this one

AssignBackgroundColor(if Ask-bid < 0.10 then color.GREEN else color.GRAY);
addlabel(yes, if Ask- bid< 0.10 then "Good"  else "Bad", color.black);

I am seeing the above image

 

[MerryDay]

View attachment 19332
I am seeing the above image

change to:

AssignBackgroundColor(if A-B< 0.10 then color.GREEN else color.GRAY);
addlabel(yes, if A- B< 0.10 then "Good" else "Bad", color.black);

 

[shakib3585]

Greeting All,

Can anyone please help me with a code that could find stocks of high spread (preferably more than $1). Also, I am requesting to advise as how to scan for new IPOs. Please help.

Thank you

 

[MerryDay]

You already have the spread scan script:

def A = close(priceType = PriceType.ASK);
def B = close(priceType = PriceType.BID);

def spread  = B - A;
plot scan = spread > 1;

read here about the trials and tribulations of scanning for IPOs:
https://usethinkscript.com/threads/ipo-stocks.4379/