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Jim Dean

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Posts: 3022

Joined: 9/21/2006
Location: L'ville, GA

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Subject : RE: Volume filter
Posted : 3/25/2012 6:11 AM
Post #26198 - In reply to #26194

The key word here is "minimum" - that means you need the "LLV" function involved.

This is checks that the volume in the last 30 bars was always above 200,000 shares:
LLV(Volume,30) > 200000

If you truly want the 30-bar AVERAGE to be checked, and if you want the SIMPLE moving average, then this assures that the lowest 30-bar Simple MA value was always above 200000 during the past 30 bars:
LLV( SMA(V,30), 30 ) > 200000

Or, you can substitute "E" for "S" above, to check an exponential MA.

Please note - when you make requests like this it is best to be very clear and very precise how you word them.



[Edited by Jim Dean on 3/25/2012 6:17 AM]

Deleting message 26198 : RE: Volume filter


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