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Has anybody built a scan based on the Zanger Volume Ratio? As far as i know he is using the volume every 5 minutes to calculate the Avg 20 days volume in Percent. All I have is a scan for the Avg 50 days volume in % which must be higher than 150%.
[Daily Volume > Daily SMA(50,Daily Volume) * 1.50]
Can this be adapted into 5 minutes samples based on the SMA(20,Daily Volume)?