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Is there a way to rank by $SYMBOL/$INDUSTRY
In my default daily chart I have an indicator window with Price Performance $SYMBOL/$INDUSTRY for a certain number of months.
Is there a way to rank a scan by the final value of that after a given time period? Unlikely, but thought I'd ask the experts.
Thanks in advance.
Also, does anyone know of a scan engine that allows for logic (if, then, else) and variables to be used in the scan?
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Comments
It's worth remembering that the final value on Price Performance is not so important as the slope the line that leads to that value. In other words, a reading of say -10 preceded by a reading of -50 some number of bars in the past may be a better prospect than a reading of 65 with a preceding peak at 90.
On the second question, I don't know of such a scan language. But, it's very possible you can get what you want from the existing language if you re-conceptualize your search criteria.