Reply To: Finding Potential Breakouts

Optuma Forums Optuma Scripting Finding Potential Breakouts Reply To: Finding Potential Breakouts

#53943
Raviraj
  • Topics: 2
  • Replies: 3
  • Posts: 5

Hi Jonathan,

You can try using something similar to this script to scan for close within 20% (or 10%) of 52 weeks high and then place a limit order where price is higher than previous resistance.

//Close within 20% of 52 Week Highs
CLOSE() >= (HIGHESTHIGH(RANGE=LOOK BACK PERIOD,BARS=260)*0.80)
and CLOSE() > 5;

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