Below are some of the custom stock scanner criteria I created:
Iron Condor Candidate scan:
Rationale: Scans for stock that are range bound within a certain percentage move. I want to scan for a stock that has moved less than a certain percentage amount (you can change the amount to your sensitivity level. In order to have enough liquidity I want the underlying to have at least 1million shares traded in that day. The stock needs to be at least $40, so that the options will have adequate premium.
Code:
percentChg(0, 14, 0, close) <10
Image of the scan setup:
William percent R scan:
percentChg(0, 14, 0, close) >-10
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William percent R scan:
This is a scan based on the William %R study used by Price Headley of bigtrends.com
The technical study is a trend indicator. There is a bullish and bearish scan.
Bearish scan:
Rationale: Scan for stocks that will bounce, but the trend is still bearish. Use the bounce as an opportunity to get short again.
Code:
WilliamsPercentR(length = 30) < -72
WilliamsPercentR(length = 30) > -80
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Code:
WilliamsPercentR(length = 30) < -20
WilliamsPercentR(length = 30) > -25
Image of the scan setup:
1 comments:
in the percentChange criteria, how can i also include a time/date range. The criteria i want is to find all stocks that have risen by 30% or more in the last 50 days
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