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Looking to setup a scan that will detect a break of 52 week high while closing within 2.5% of the previous high. The scan that I am creating just giving every 52 week high because it is just generally within 2.5% of the previous day.
But I am trying to make a scan that shows consolidation within a price range near 52 week high and a break of it while closing only within 2.5% of 52 week high.
This is what I have so far:
[type = stock] AND [Daily SMA(20,Daily Volume) > 40000]
and [close > 5]
and [Daily close / max(360, daily close) <= 1.025]
I am new to this and would appreciate any help