Scanning for High Volume Stocks is interest of everyone. But scanning stocks manually from the 1600 stocks is literally time consuming and it is one of the primary requirements of Mr.Brahma Navaluri one of the regular reader of marketcalls.The one way is to write the simple afl exploration code to reduce the time of scanning high volume stocks. Let see the conditions require to write the afl code.
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Conditions
1)Current day volume should be 10 times greater than the previous day volume
2)Also Volume should be greater than 1,00,000 inorder to filter low volume stocks
3)One can vary the number of times a stock should be greater than the previous days
and the minimum amount of volume to be scanned
Here are the Filter conditions that has been converted into the afl code:
Filter = V > 10*Ref(V,-1) AND V>100000;
AddColumn(V, “Volume“, 1);
Where Ref(V,1) denotes previous day volume
Now save the simple High Volume Exploration scanner as a .afl file under the directory c:program filesamibrokerformulascustomHigh Volume Exploration.afl
Goto->Amibroker->Analysis->Automatic Analysis and select All Symbols and n=1. The value of n is choose as one just to find out the recent High Volume Stocks among the list of 1600 nse stocks as shown below
Result of the High Volume AFL stocks that run based on the above contions as on 13th August 2010 data
| Ticker | Date/Time | Volume |
|---|---|---|
| BANKRAJAS | 8/13/2010 | 6360202 |
| SOMATEX | 8/13/2010 | 103013 |
| SHAHALLOYS | 8/13/2010 | 284264 |
| BAYERCROP | 8/13/2010 | 156136 |
| BILPOWER | 8/13/2010 | 924420 |
| CENTENKA | 8/13/2010 | 194072 |
| DENORA | 8/13/2010 | 297498 |
| DONEAR | 8/13/2010 | 645453 |
| EMAMILTD | 8/13/2010 | 146444 |
| FINPIPE | 8/13/2010 | 1561229 |
| FMGOETZE | 8/13/2010 | 196574 |
| GOLDENTOBC | 8/13/2010 | 387760 |
| AQUA | 8/13/2010 | 858101 |
| JAYAGROGN | 8/13/2010 | 188093 |
| JETAIRWAYS | 8/13/2010 | 4250240 |
| KSERAPRO | 8/13/2010 | 2957156 |
| MINDAIND | 8/13/2010 | 230069 |
| MUNJALAU | 8/13/2010 | 104327 |
| MURUDCERA | 8/13/2010 | 418198 |
| AXIS-IT&T | 8/13/2010 | 155603 |
| PTL | 8/13/2010 | 421863 |
| SEZALGLASS | 8/13/2010 | 461216 |
Note :The Post is intended for learning and information sharing purpose only. And dont consider this post as a buy or sell recommendation
hey!
I dont need to re-emphaise d utility of ur blog posts as i already said so in my prev comments 🙂
I too like working with different codes n tweaks. But currently,I am stuck wid a prob i thot i wud refer u. Currently, i m using Open Source SW for pooling data from yahoo into AB. But since Yahoo doesnt seem to provide futures data,i tried working my way through ODIN into AB. oDIN does make data (temp?) files,but i stil cant make my way thru to AB. I did try working DDE using excels or smthg but cant fit d jigsaw puzzles which some *sponsored* SW can…looking forward to ur inputs on d same
Dear Rajendran,
Thanks for the AFL. Does it work for intra-day also?
Regards,
Veer
It wont be a good Intraday Realtime Scanner. Any how it suits for Daily and Weekly Timeframe!
Thank you
Dear Mr. Rajandran,
Could you please write an afl which would give the hi and low for a period that we choose like weekly, monthly and yearly if also possible.
Also afl for gann 45 degrees lines would be of great help.
Thanks and God bless,
Regards,
trial version of amibroker can scan only 5 symbol, so how to use afl in trial amibroker
@Kalyan
Trial version doesnt suits for Scanning and Exploration in Amibroker
i am not supposed to invest for ami original but do u have any idea about crack of amibroker (5.20,which is available) sir. also afl like ichimoku or other buy sell signal afl. will these work for trial version of amibroker.
AFL is missing.. can you please check
@Rajesh… Posted the missing afl
Hi Rajandran,
This Afl is not working, Kindly check.
Excellent afl to add to a traders arsenal. Thanq
Hi Rajendran,
Can you help us in adding an exploration condition to an AFL we have to filter out the symbols based on certain two parameters on a 10 minute chart ?.Prently , we are doing it on a manual basis.
BINIL
COCHIN
Kerala
Dear Rajendran,
I am searching for a volume indicator in afl which can trace average volume for the last 20 days and daily volume accumulation starting from 0 to max volume of the day in an intraday chart. The purpose is to study the price response when the daily volume touches the average volume.
Regards
Noufel
Sir
Its not working
Giving error “Missing Buy sell variables assignments”
check Users guide
Doesn’t the above code only work after the market hours are over because if the timeframe is set to daily, then candle will only be formed after 3.30.
Isn’t it possible to know the total volume of running trading session in real time so that if volume condition is met on suppose, 10.30 AM then it generates alert at that very time and we don’t have to wait till 3.30 PM for the candle to form.