Is a Liquid Gainer scan Possible

[Patrick Masters]

I have been using TC2000 and ThinkorSwim for the last year and have gotten pretty comfortable putting together scans in both applications. However, Medved Trader has completely baffled me when it comes to scans. I watched a couple of the videos on setting up scans and I feel confused. 

 

From what I understand, I can only scan from the symbols I put in my watchlist and portfolios and not from the total market, correct? If I am not correct, is there a way set up a scan that can scan the overall stocks to meet my parameters?

What I would like to put together is a scan for Liquid Gainers and losers as well as a scan for active movers similar the scans that come with DAS Pro.

 

Also does anyone have a video link that explains scanning in Medved Trader a little bit better and is more recent as well as a link to some scans that others have already been compiled?

 

Thanks.

Here is the parameters I use for my Liquid Gainers

Here are the parameters I use for my Top Losers scans:

Edited January 4, 2020 by Patrick Masters
added screen caps of my scans

[Mike Medved]

Any scan that you can express as references to certain symbol-specific parameters in MT is possible.

Simple scans are a set of rules, evaluated one after the other. For example, if the rule is that price percent change change today is between 2 and 100, you can make two rules.

 

1. if SymbolData.ChangePercent < 2 return       

and

2. if SymbolData.ChangePercent > 100 return

this way if it is between 2 and 100 it will go on to the 3rd rule - see an example rule here:

3rd rule could be - if Volume < 100000 return

 

Note: this way you eliminate all unwanted symbols by doing "and Stop" rules. Then the last rule could be the positive one, for example

if Close > 5 Set Color or Set Scan result etc...

I thought our videos on scanning or paintbars were pretty clear... But any suggestions on how to make them better are welcome.

 

 

Of course, if you want to switch the scan to Advanced mode, you would be able to just code the criteria in C#, combining as many of them in one if statement as you want and doing more sophisticated logic.

[Ruexp]

Can you show the updated pictures, youve copied the same pic twice lol

[Mike Medved]

Click on the Advanced option in the ribbon menu to convert the scan to C# code...

[gnc]

So, it is not possible to set the scanner to scan overall stock market, only symbols from my portfolio (at least, that's what I understand after watchin videos)?

[Jerry Medved]

the scanner works locally on your computer, so it can only operate on whatever symbols you have, not entire market. Plus, datafeeds will not let you get quotes on 9000 symbols. So you first have to narrow things down to more manageable #, like 1500 or so and put them into a portfolio.

[gnc]

Going to example above.

What is the correct syntax to get price range between 2 - 3.

if (Close > 2) {SetScanResult(true); return;}    >>>>>> this work on its own, lists all above 2 

BUT two combined rules:

if (Close > 2) {SetScanResult(true); return;} 

if (Close < 3) {SetScanResult(true); return;}  >>>>>>>>> this now again lists ALL, below 2 and above 2 - 3 !?!?

 

 

[Jerry Medved]

you can just combine

if (Close >= 2 and Close <= 3)
{
      SetScanResult(true);

        return;
} 

[gnc]

That's ok in Advanced mode. How exactly to set it up in Simple rule mode?

And as soon as I put additional and different variable, only one the first one works, no matter what I do with "Stop" and "Else"

 

Edited August 25, 2020 by gnc

[Mike Medved]

first rule:  if Close<2 do nothing and stop

second: if Close<=3 - SetScanResult

[gnc]

After 100 combinations it doesn't work. If I set "do nothing", but put "stop" it returns "return", than scanner won't run, reporting plain paintbar

I am obviously missing something basic.

I would appreciate if you can put exactly how the code should look like (once that shows at the bottom In Paintbar window in Code field:

Doesn't work:

this works, removes bellow 2
if (close < 2); //do nothing else [SetScanResult(true); return}

but, this brings back again value bellow 2
if (close <=3){SetScanResult(true)};

Edited August 25, 2020 by gnc

[gnc]

And finally MT > in Scan/Paintbar window:

 

[Jerry Medved]

I think I answered the paintbar question in email. As for the error, please send the log

[Mike Medved]

15 hours ago, gnc said:

this works, removes bellow 2

if (close < 2); //do nothing else [SetScanResult(true); return}

but, this brings back again value bellow 2
if (close <=3){SetScanResult(true)};

First rule should be:

if (close<2) return;  

so it does not fire for any stock that is <2. Then, if it is >=2, it will go to the second rule where, if ALSO <=3, will SetScanResult.

[gnc]

Yes, and than you very much for the answer.

Also, the log is sent.