OmniTrader Professional Forum : OmniScan : scan for 75% up bars

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OmniTrader Professional Forum OmniScan scan for 75% up bars		Last Activity 1/16/2025 4:54 AM 4 replies, 1917 viewings

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johnnicholson

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Joined: 8/24/2015
Location: Arizona

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Subject : scan for 75% up bars
Posted : 8/26/2015 7:36 PM
Post #23619

I would like to create a scan that shows stocks that in the past 20 days, 75% (15 days), were up bar days (close > open).

Could anyone help to show me how this is accomplished?

- John

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Jim Dean

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Subject : RE: scan for 75% up bars
Posted : 8/26/2015 7:48 PM
Post #23620 - In reply to #23619

Sure. This uses a nifty "trick" ... you sum up the tests for each day and compare them to the minimum total requirement. Each test that is true becomes a -1, while false is 0 ....

15 < -Sum( (C > O), 20)

Minus sign and paren's are important.

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hafnium

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Location: Vienna, VA 22182

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Subject : RE: scan for 75% up bars
Posted : 8/28/2015 3:00 PM
Post #23621 - In reply to #23620

Jim

Shouldn't this be either of the below statements

15 <= -Sum( (C > O), 20)

14 < -Sum( (C > O), 20)

[Edited by hafnium on 8/28/2015 3:02 PM]

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Jim Dean

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Subject : RE: scan for 75% up bars
Posted : 8/28/2015 3:02 PM
Post #23622 - In reply to #23621

Yup ... good catch.

What a difference a day makes :~)

[Edited by Jim Dean on 8/28/2015 3:03 PM]

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johnnicholson

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Location: Arizona

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Subject : RE: scan for 75% up bars
Posted : 8/29/2015 10:10 AM
Post #23623 - In reply to #23619

Thanks! Works like a charm.
- John

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