Today's close less than daily close scanner?


New member

Could someone helps to compile the scanner for below :

Today Hourly Close is less than Previous day Daily Close.

Last edited by a moderator:

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

See if this is what you're looking for:

# Plot Arrow if Today's Close is less than Previous Day Close

input ShowTodayOnly = no;

def Today = if GetDay() == GetLastDay() then 1 else 0;

#Plot yesterday's close
plot prevClose = if ShowTodayOnly and !Today then Double.NaN else close(period = "day")[1];


def rule = close < prevClose;

plot arrow_signal = rule;

Watch this video if you don't know how to use the scanner:
@veerasareddy I do not believe you can scan for a second period. So on hourly scan you cannot scan for daily close. Otherwise you could try this.
close crosses DailySMA("length" = 2) within 3 bars

But if do scan agg of hourly it will throw an error.

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
238 Online
Create Post

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.