RANK BY ....

azb

Thanks for this RANK BY code ...
rank by [weekly Count Up(5,weekly high) + weekly Count Up(5,weekly low) + weekly Count Up(5,weekly open) + weekly Count Up(5,weekly close)]

It would be nice to share more ways people RANK their chartlists.

markd

This one ranks stocks by the difference between today's volume and yesterday's 21 day average volume. So stocks adding volume (or losing less) would be the top. Stocks drying up would be at the bottom.

rank by [ PctDiff(volume, 1 day ago sma(21,volume))]

You can apply it to lists of industries within sectors (the $DJUSxx indexes) or to lists of stocks within industries.

Some days you get interesting results, some days you don't. Volume indicates interest, so symbols near the top may be watch list candidates. Big volume is especially interesting in stocks that have been near their annual lows for some time, especially if price doesn't go down with the volume. That would indicate the stock is sold out and someone is buying. But volume by itself is not a reason to enter or exit. It's just a reason to take an interest.

The reason to compare volume to average volume is to get meaningful changes in volume. For instance, if you compare today's volume to yesterday's volume and yesterday's volume was very low, then a 2x or 3x change may just bring volume back to normal. On the other hand, if volume yesterday was very high, and it was very high again today, asking for 2x or 3x yesterday's volume will miss today's volume. But if you rank by the difference to average volume, you will get a hit.

azb

Various ranking options ......... Remove // before using ... And use only ONE at a time.

// rank by [ MARKET CAP ]
// rank by [ YIELD ]
// rank by [ PE ratio ]
// rank by [ Full Stoch %K(14,3,3) ]
// rank by [ weekly PPO Line(12,26,9) ]
// rank by [ weekly PPO Line(12,26) - weekly PPO Signal(12,26,6) ]
// rank by [ PPO Line(12,26,9) ]
// rank by [ roc(5,PPO Line(12,26,9) ) ]
// rank by [ PPO Line (12,26,9) - PPO Signal (12,26,9) ]
// rank by [ weekly Full Stoch %K(14,3,3) - weekly Full Stoch %D(14,3,3) ]
// rank by [ CCI(10) + CCI(20) + CCI(40) ]
// rank by [ MARKET CAP ]
// rank by [ rsi (14) ]
// rank by [ Full Stoch %K(7,3,3) + Full Stoch %K(14,3,3) + Williams %R(14) ]
// rank by [ Full Stoch %K(14,3,3) ]
// rank by [ Stoch RSI(14) *100 + RSI(7) + Slow Stoch %K(5,1) + Full Stoch %K(14,3,3) + Williams %R(14) ]
// rank by [ ROC(20) + ROC(40) + ROC(60) ]
// rank by [ roc(1) + roc(2) + roc(3) + roc(4) + roc(5) + roc(6) ]
// rank by [ roc(40) ]
// rank by [ RSI(7) + Slow Stoch %K(25,1) + Williams %R(28) ]
// rank by [ PPO Line (12,26,9) - PPO Signal (12,26,9) ]
// rank by [ Full Stoch %K(28,6,1) + Full Stoch %K(42,9,1) ]
// rank by [ Slow Stoch %K(25,1) + Williams %R(28) ]
// rank by [ PMO Line (20,10,5) ]
// rank by [ close/sma(10) ]

markd

I didn't see this one:

rank by [PctChange(1,close)]