I am writing a Script to SCAN for stocks that are above a certain probability of touching as it was seen (or would have been calculated) from an earlier date and price.
here are my inputs:
DATE (of that stock price)
VOLATILITY (historical in this case)
DATE (current or in the future)
PROBABILITY OF TOUCHING %
I am aware that you can do this in the analysis tab OF TOS
but it has to be done on at a time individually but i am creating a SCAN for this.
So I need to know what the Formula is for PROBABILITY OF TOUCHING is. CAN SOMEONE HELP?