x $ Movement

C_Wilson

New member
Does anyone know of an indicator that will allow me to add a criteria in my scans to look for stocks that move X amount of dollars within X amount of days?
 
Solution
@C_Wilson here's something that might work -
Code:
input barsback = 10; # the past price bar you want to measure from
input dollar_amount = 20; # amount of dollar movement
plot scan = close - close[barsback] > dollar_amount;
@C_Wilson here's something that might work -
Code:
input barsback = 10; # the past price bar you want to measure from
input dollar_amount = 20; # amount of dollar movement
plot scan = close - close[barsback] > dollar_amount;
 
Solution
This is close to what I am looking for. More on my end of not properly explaining,
This will look back X amount of days and show a price movement of X amount of dollars..

Example :
input barsback = 5; # the past price bar you want to measure from
input dollar_amount = 10; # amount of dollar movement
plot scan = close - close[barsback] > dollar_amount;

Would show that ABC open at $100 and closed Friday at $110
This could be from making $5 Monday and $1.25 Tuesday - Friday each day.

I am wanting to find a stock that trades X amount of dollars a day on average over X amount of days

Example: X amount of dollars is $2 and X amount of days is 5 days
ABC open Monday at $100 and closed at $102.50
Tuesday at $102.50 and closed $99.75
Wednesday at $99.75 and closed $101.75
Thursday at $101.75 and closed at $103.80
Friday at $103.80 and closed at $101.00
 

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