Saturday, September 19, 2009

My Penny Stock ProScreener Code

Hi All,

This code is not for Forex but for people who wants to screen across the stock market for stocks that is below $2 dollars, the volume is more than 1 million.

indicator1 = close
c1 = (indicator1 <= 2.0)

indicator2 = Volume
c2 = (indicator2 >= 1000000.0)

indicator3 = close
indicator4, ignored = CALL "52-Weeks Channel"
c3 = (indicator3 >= indicator4)

criteria = Volume

SCREENER[c1 AND c2 AND c3] (criteria AS "Volume")

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