September 12, 2023 - ChartAlert®

Stock Screener – Example 7: Single Parameter Multiple Inputs (Weekly Price Performance)

This is an example of an optimized scan (weekly price performance) that can replace the need for writing several scans (as was required in the older versions of ChartAlert)

1–2 minutes

This functionality was introduced in October 2023 (Version 23.10.1)

Below is an illustration of an optimized scan that can be created using the Advanced Scanner in ChartAlert.

This one enhanced scan, wherein a single parameter or variable can now accept multiple values or inputs for scanning, now replaces the need for writing five separate scans as was required in the previous versions of ChartAlert.

[BEGIN timep-wk PP >5%]

Set OptVar timep = 1,2,4,6,8 

List symbols where Chg%(cl, cl timep weeks ago) > 5

Add Column Chg%(cl, cl timep weeks ago) as chg% 

Apply to NIFTY

[END]

Below is a breakdown of the scan presented in a step-by-step manner.