Johxxn
2 posts
msg #154566
- Ignore Johxxn |
11/6/2020 9:15:32 PM
Hello Everyone!
Does anybody know how to create a filter based on $Vloume?
for example
Show stock where $volume 1 day ago is more than $1,000,000
thanks
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xarlor
587 posts
msg #154567
- Ignore xarlor |
11/6/2020 9:37:22 PM
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Johxxn
2 posts
msg #154568
- Ignore Johxxn |
11/6/2020 10:45:41 PM
this is awesome... and if I want to use yesterday $volume, I just change the 10 to 1.
set{DV,cma(volume,1) * close}
Thanks
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compound_gains
222 posts
msg #154571
- Ignore compound_gains |
11/7/2020 11:07:01 AM
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xarlor
587 posts
msg #154574
- Ignore xarlor |
11/7/2020 12:43:22 PM
The issue with using the close and the volume of the same day is it doesn't take into account the price swings throughout that day. It only takes the close price. This is not a problem if the day's trading was tight, but if it was wide, the indicator becomes less relevant.
Using a moving average of 10 days attempts to mitigate that somewhat.
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