Scanning for low closing price of the as well as high closing price of the day

Quill

looking for a scan/s that posts the low for the day (yesterday) or the high for the day (yesterday).

eg.....http://stockcharts.com/h-sc/ui?s=TGS&p=D&yr=0&mn=4&dy=0&id=p21238168198 ......note the price labels.

thanks in advance

Quill -

markd

Hi @Quill, thanks for you post in response to BobS about ETF pairs. Very informative.

Re your question here - the scan engine returns only symbols, not data. So it can't return number like a high or a low, or an indicator value either.

On the other hand, if you know the formula SC uses to add those labels, or can guess, since I couldn't find an explanation of how they do it, maybe we could recreate that as a scan.

I thought it might be a three or five day high followed by a lower high (and vice versa for low), but not every one gets a label - it may have to be some per cent above the last one? not sure.

gord

Here's the blog article that explains the price label function.

http://stockcharts.com/articles/mailbag/2014/05/what-are-price-labels-and-how-can-i-use-them.html?st=price+labels

Quill

Thanks guys for your help,

http://stockcharts.com/h-sc/ui?s=TGS&p=D&yr=0&mn=3&dy=0&id=p91074371410

For side bar action on Friday morning the bubble or price label popped in the morning on Friday 4/17 which said to execute a sale. Note the red dot is equal to a red bar.

Be advised there will be head fakes from time to time. The data is live and moves up or down. A dot represents the final closing price or the day. Blue dots equals green bars, Red dots equals red bars.

The closest I can get to the answer is by using the TSI 4 7 crossing over the SMA9 on the Freestockcharts.

I just know how to write a scan for it.

Quill -

markd

Not sure if this is what you mean:

and
[

[TSI(4,7,9) x TSI Signal(4,7,9)]

or

[TSI Signal(4,7,9) x TSI(4,7,9)]

]

The first line is TSI crosses above its Signal line, the second is TSI crosses below its Signal line. The Signal line is an EMA of TSI.

Quill

Markd,

Man, you did it again, a perfect scan of what we are trying to do.

The scan can be used in a duel purpose, find the next play after the Bubble/Price label via the simple scan as well as an excellent scan for Swing Traders using Freestock charts while viewing the Xovers. It is too fast for shorting. Going long is a better deal.

The following should show the results for 4/17/17. Scan found 29 this morning.

http://tinyurl.com/lf9pxkl

http://tinyurl.com/lxtvb7c

Best regards,

Quill -

markd

@Quill , glad it worked out.

I wonder if it would work for shorting if the the long term trend (200 MA, or may 50 MA, too) is down?