TOS script

July 2nd, 2020, 09:00 PM

Does anyone have a script that would allow me to do an On Balance Volume scan that would find stocks where the OBV indicator reached a 20 bar high. Thanks in advance to anyone that can help me.

July 8th, 2020, 09:54 AM

Give this a shot - https://tos.mx/zzTUYWd

July 12th, 2020, 12:42 AM

Thank you for your reply but that link doesn't give me the option to scan for stocks where the on balance volume indicator is making a new 20 bar high.

July 15th, 2020, 09:53 PM

TradingForALiving

Thank you for your reply but that link doesn't give me the option to scan for stocks where the on balance volume indicator is making a new 20 bar high.

It scans for current OBV value >= last 20 period OBV values. Isn't that what you wanted?

July 16th, 2020, 08:40 PM

Thanks again for your reply but I need the script for finding stocks that have an OBV making a 20 bar high.

For example if I wanted to find stocks that are making a 20 bar high in volume I would write the following:
(volume) > highest(volume, 20)

My question is how do I write that for the "on balance volume indicator".

Thanks

July 18th, 2020, 03:19 PM

TradingForALiving

Thanks again for your reply but I need the script for finding stocks that have an OBV making a 20 bar high.

For example if I wanted to find stocks that are making a 20 bar high in volume I would write the following:
(volume) > highest(volume, 20)

My question is how do I write that for the "on balance volume indicator".

Thanks

Try that -

OnBalanceVolume() is greater than or equal to Highest("data" = OnBalanceVolume(), "length" = 20)

July 18th, 2020, 07:10 PM

That is exactly what I was looking for. Thank you so much for taking the time to help me out, it really is appreciated.

TOS script

Discussion in ThinkOrSwim

TOS script