CANDLESTICKS AND / OR OHLC BARS

LOUD

How do you scan for stocks that closed in the top 25% of the candle or bar?

I tried every formula I could think of but only got syntex errors.

gord

The best place to start is by reading all the documentation on scanning under the ChartSchool section. Here's a link to the library of sample scans which should help you write scans, but still read all the other documentation.

http://stockcharts.com/school/doku.php?id=chart_school:scan_library:sample_scans

// Close in upper half of the day's range
[type = stock]
and [close > [[high + low] / 2]]

this could be re-written as
and [close > [[high + low] * 0.50 ]]

the for your upper 25% case
and [close > [[high + low] * 0.75 ]]

edit this should be as pointed out by Markd, (good catch Mark, I shouldn't make these quick posts as I'm heading out the door).
and [close > low + [[high - low] * 0.75]]]

markd

The first and second instances work, but the third does not.

[high + low] * 0.75 results in a number outside the range:

[10 + 20] = 30; 30 * 0.75 = 22.5, which is greater than 20

It has to be:

[ low + [[high - low] * 0.75]]]

[10 + [[20 - 10] * 0.75]]]

[10 + [10 * 0.75]]

[10 + 7.5] or 17.5

or you could say it:

[low + [range * 0.75]

gord

Good catch Mark, I shouldn't make these quick posts as I'm heading out the door, glad you caught it, thanks.

Kevo

wow markd; I would have never noticed a problem.