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Spread(ask- bid) in Thinkorswim Scan
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Spread(ask- bid) in Thinkorswim Scan

  #1 (permalink)
Trading Apprentice
Moscow Rassia
Futures Experience: None
Platform: Thinkorswim
Favorite Futures: Stocks
Posts: 2 since May 2013
Thanks: 0 given, 0 received

Spread(ask- bid) in Thinkorswim Scan

How to make the formula Spread in Thinkorswim Scan? I am trying to apply this formula, but does not work.

def ask = close(priceType = "ASK");
def bid = close(priceType = "BID");
def spread = ask - bid;
plot scan = spread < 0.1;

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  #2 (permalink)
Trading Apprentice
Futures Experience: Advanced
Platform: TOS
Posts: 2 since Sep 2010
Thanks: 0 given, 0 received

Just limit your scan to 'Penny Increment Stocks", instead of "All Stocks". They have already seperated them into one category

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  #3 (permalink)
Trading Apprentice
Orlando FL,USA
Futures Experience: Advanced
Platform: ToS
Favorite Futures: Stocks
Posts: 1 since Dec 2013
Thanks: 0 given, 0 received

Can not get anything using this..

Trying to get a scan for difference between ask and the bid, used the one in this post but nothing ever comes up, I assume I am doing something fundamentally incorrect and just not clicking something obvious….

Thank you for any info!

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  #4 (permalink)
Trading Apprentice
Futures Experience: Beginner
Platform: Tos
Favorite Futures: Stocks
Posts: 1 since Nov 2014
Thanks: 0 given, 0 received

Upping this... I have the exact same question.


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  #5 (permalink)
Elite Member
Tbilisi + Georgia
Futures Experience: None
Platform: ThinkScript,Tradestation
Favorite Futures: EUR/USD
Posts: 29 since Aug 2014
Thanks: 3 given, 12 received

instead of
def the_Bid = CLOSE(pricetype="bid");
just use
def the_Bid = bid;
they are already PRE-DEFINED by platform!!

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