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ATR CLOSING MINIMUM

HI
USING A FORMULA
AND [ATR(14)/CLOSE>MV]
IT SEEMS MV IN NOT ACCEPTED FOR MINIMUM VOLUME
ANY IDEAS

Answers

  • MV or "minimum volume" are not terms the scan engine recognizes. (Any term the scan engine does recognize will be in the drop downs under the scan workbench window; explanations of terms found there will be in Chart School).

    You would have to specify a number for minimum volume, e.g. 50000. Or, if you are looking for a minimum volume over some period you would use the min( ) function, e.g.

    min(5, volume)

    That would give you the smallest daily volume of the last five days.

    But note that your operation on the left will give a result expressed in points (and most likely a decimal value less than 1), so you would be comparing points to volume. So the expression would almost always be false.

    Here is the main page for scanning documentation, with many useful links:

    https://support.stockcharts.com/doku.php?id=scans
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