Reply To: Scanning for 21 day highs with 5 day increasing OBV

Optuma Forums Optuma Scripting Scanning for 21 day highs with 5 day increasing OBV Reply To: Scanning for 21 day highs with 5 day increasing OBV

#48383
Matthew
Matthew
  • Topics: 4
  • Replies: 82
  • Posts: 86

Hi David,

When a scan / script isn’t working as i expect it to, the first thing i do is break it down to its individual criteria using Show Views.  When i do this to your script, it appears the R2 criteria is the one failing to trigger.

The R2 criteria of your script is looking for a 25% or greater rate of change on the On Balance Volume within the last 6 days.

When I apply these indicators to a chart of VRX, this criteria is not being met, so the script is producing the correct results in this situation.

Ex2

If what you are looking for is different, you will need to modify your script.

 

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