Open = High and Open = Low is a widely used scanner across the day traders community. Here is the Amibroker exploration code which looks for stocks with matching open and high lows and matching open = low values. This scanner is built in such a way that it works even on lower timeframes (1min, 5min, 15min etc).
It is recommended to scan using watchlist rather scanning across the universe. And make sure that all the symbols have enough data available to perform the scan. Empty dataset could result in absurd behavior during the exploration process. And while running the exploration make sure the range is selected as 1 Recent Day as shown in the above image
Related Readings and Observations
How to Build a Simple Bubble Finder? Was thinking yesterday about "is there is a more simplistic way, where we can list out the stocks with exponential rise in price aka bubbles." Suddenly this simple thought process strikes […]
First 1 Hour Cumulative Volume Scanner – Amibroker Exploration AFL Code Here is the simple prototype for finding first 1 hour cumulative volume for a given script. This helps one to visualize how the volume in the first 1 hour compare to previous trading days. 
NMA Swing Explorer I had added few more codes to the NMA Buy or Sell Signal to make it exploration possible. The purpose of the Exploration is to
identify the stop loss of any kind of trade at the given time.
High Volume Scanner AFL code 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 […]
Start Scanning Stocks using Amibroker Exploration Now all you need to do is you have to find the list of stocks that had recently made 5/20 EMA crossover from the bunch of NSE Stock pack and also you have to scan the stocks with price […]
Introduction to QuantZilla QuantZilla is a 75+ hours of immersive coding mentor-ship program on designing trading systems, converting trading ideas into indicators and trading strategies, automating the trading systems.
Hi Rajandran,
What is the best option to automate trading system with Amibroker?
I would like to use the IB controller and link to Interactive Brokers but cant find much info on it?
Have you looked at linking Matlab to Amibroker?
Dear Rajandran,
Can you please write\send me a AMI code, which can generate or popup a alert whenever a candle closes below or above ema line (e.g. 1 hr chart EMA 50)
I would really grateful to you bro.
Thanks
Dear Rajendra Sir,
I found one very interesting thing at below link
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:high-low_index
Which is The High-Low Index is a breadth indicator based on Record High Percent
Calculation of this index is as below
Record High Percent = {New 52 week Highs / (New 52 week Highs + New 52 week Lows)} x 100
High-Low Index = 10-day SMA of Record High Percent.
Sir This is very good overlay indicator in stockcharts but only give SP500 and other foreign index.
Can you please convert this into afl and post in marktcalls. There is no such indicator on the web in any charting software.
High-Low Index is a breadth indicator based on Record High Percent
Any upadte Rajendra Sir.
This is a nice little bit of code that is great for short-term trading. Simplicity trumps complexity. Thanks for sharing
This programming already typing for notepad how to run
Dear Rajandran,
I have tried the formula. But it is giving an Error “Error 701. Missing Buy/Sell variable Assignments”. Please advice.
Regards,
mahesh
how to use it minute (15min,5min,1hr)..its only scan days ?is there anything add in afl code?and 1 thing in moving average once i change timeframe MA change value.is it possible if change timeframe (1day to 15min)MA value is not change(same for 1day,15min,5min)
Hello. I have tried this afl & it works fine. But I found that if there is already buy signal, there will be no buy signal anymore before sell signal appears. I want code which enables another buy signal even if sell signal haven’t appeared.
Could you help me modify this afl? I need this parameter for my stock screening:
Buy Signal: everytime RSI moves from to above 60
Sell Signal: everytime RSI moves from to below 40