Hi @basiacJust Tagging you here to avoid overlapping the...

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    Hi @basiac

    Just Tagging you here to avoid overlapping the DayTrade threads.

    It's a misnomer using the SROC for the scan (in it's present form) in the HC forum, but I've done it this way
    simply because I have various other versions of the scan that I have played with over the years personally.

    The SROC that's used in this scan is only a 1 day and 1 smoothing period.
    You could simply not use the SROC at all, and instead use...
    Price Percentage change over 1 bar is equal to, or greater than 5%
    it will give the same results.

    The original variables of the SROC indicator, first calculates a 13-day exponential moving average of closing price. (smoothing of the Price).
    Then we calculate a 21-day Rate of Change of that exponential moving average. (Rate of change... of the smoothed price).

    Cheers.
 
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