OmniTrader Upgrade Forums
OmniScan
Scan
4 replies, 1076 viewings
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OmniTrader Upgrade Forums
OmniScan
Scan
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Last Activity 3/11/2022 10:09 PM 4 replies, 1076 viewings |
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Dougal New User Posts: 3 Joined: 1/5/2017 Location: Newcastle, Australia  User Profile |
No idea how to do this? How would you write a scan that looks for stocks that have broken trend and are now basing / making right side? thank you David | ||
| EYEGUY Icon    Posts: 1543 Joined: 12/12/2003 Location: BALDWINSVILLE, NEW YORK User Profile |
While this is non-directional, you might just want to look for stocks in a squeeze. Try this and see if it fills the bill: SMA(Typical(),20)+SMA(ATR(1),20)*1.5 > BOL_UPPER(20,2) AND SMA(Typical(),20)-SMA(ATR(1),20)*1.5 < BOL_LOWER(20,2) Tom Helget | ||
| Dougal New User Posts: 3 Joined: 1/5/2017 Location: Newcastle, Australia User Profile |
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| EYEGUY Icon Posts: 1543 Joined: 12/12/2003 Location: BALDWINSVILLE, NEW YORK User Profile |
Wanting to reply to your request quickly I just grabbed an old scan from my MarketScans. This might not produce any different results but it substitutes the close for the Typical() price; SMA(C,20)+SMA(ATR(1),20)*1.5 > BOL_UPPER(20,2) AND SMA(C,20)-SMA(ATR(1),20)*1.5 < BOL_LOWER(20,2) And I am glad to hear it helps! Tom Helget | ||
| Dougal New User Posts: 3 Joined: 1/5/2017 Location: Newcastle, Australia User Profile |
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