Hello,
My name is Elliott and I'm currently writting my master thesis about the "Pennystocks niche as a potential trading field for day traders".
I won't enter in all details but I'm kind of stuck and need your help: I'm trying to create a satistical hedge by analysing several factors: - I'm in the process of creating a huge excel file where I need a list of different tickers, fulfilling caracteristics that interest day traders. For example on one page of my excel file I created a group of tickers, which were up more than 15% on the day. I will then analyse the next day open price of the stock and the evolution of this one during the next day. The idea is to create a statistical hedge by showing for example, 70% of the stocks that were up >15% on the day will gap up on the next day. What will be the next day closing price ?, does the stock will go below its previous day low ?... etc.. So really create a statistical hedge for day traders who play with stocks less than 6$. That way if you are looking at a stock that is for example 46% on the day and closed on its high, you will know that there is 75% chance that the stock close on the green the next day (example)
So I'm asking YOU, if you know how to have access to some kind of screener but for past prices. I mean for example to find all tickers that were up <15% on the 19th of February 2016 for example.You see what I mean ?
Thank you for you help!
@Legendario yeah 75 is a good start! that would really be nice if you could send me the list here : s_pieroni@stud.hwr-berlin.de
@Legendario I want to create over the last 2 years a statistical approach, if I manage to do it I will send you my thesis when I'm done if you want
what is the price range, min max?
E: I'v e got your code to use in TOS. I'm heading out to do some fishing this a.m but will drop you a line later...Do you have and know how to use the TOS scanner (can do it free) and import code?
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