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Scan for Weekly volume jump by 300%
Hi, Looking at the weekly bars I'm having trouble figuring out how to scan for stocks where the weekly volume has jumped by over 300% compared to the prior week.
I'm not a coder and have tried carious syntax including something like this
//and [Volume > *3]
but it failed,
If anyone might be able to help me here, I would very much appreciate any help. Thank you.
//UNIVERSAL US STOCKS EXCLUDING ETFS
[type = stock] //Defines the types of instrument that will be scanned
AND [GROUP IS NOT ETF] //Excludes ETFs from scan
and [country is US]
AND [Daily SMA(20,Daily Volume) > 100000] //Requires the 20 day Simple Moving Average of Volume is over 100,000 shares
AND [Daily SMA(50,Daily Close) > 2] //Requires that the daily 50 Day Simple Moving Average of price is over $5.00
AND [market cap > 500] //Requires that MARKET CAP is over 500,000,000 (Market Cap calculations in Millions)
and [weekly volume > 1 week ago volume]