Consolidation scanner will identify stocks trading within a 5% range over the last 50 candles, accompanied by RSI crossing below 70 in the latest candle
To know more, watch our webinar here: https://youtu.be/lGwOFUVvYQ4
Universe
Nifty 500
Time Frame
1 Day
Conditions
( Period max(50, High(-1) ) - Period min(50, Low(-1) ) ) / Period min(50, Low(-1) ) lower than 0.05 and RSI(14,0) crosses below 70