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Value Scan

Written by Administrator Monday, 31 July 2006 10:00
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The Value scan identifies securities that have closing price above or below a specified value. When two value scans are used together (one searching for values above a price and one below a price) you can look for securities that fall between a specific price range.

Properties

This scan would search for a securities closing price that is Greater than $10. The scan would use the closing prices based on Daily bars.

Change

Select the value of the securities to search for. Selecting $10 would look for securities with a closing price (during the specified Date Range) above or below $10.

Direction

  • Greater Than
    Select this option to scan for securities that are equal to or greater than (=>) the specified Change value.
  • Less Than
    Select this option to scan for securities that are equal to or less than (=<) the specified Change value.

Period Type

This setting sets the period type to use when selecting the close price for the Value scan. For example, by selecting Daily, the Value Scan will be calculated off the close price of a day bar period (a daily chart), if it was set to Weekly, it would be calculated off the close price of a Weekly bar period (a weekly chart). You can select from the following options.

  • Daily
  • Weekly
  • Monthly
  • Yearly
Last modified on Thursday, 29 April 2010 10:59
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