How to scan volume breakouts with Zerodha Pi Scanner on 1min Candles

Tradescript Code for Volume Breakout

This Tradescript code will identify volume breakouts matching 10 times the volume on previous bar with an increase in price.


 

How to setup this Scanner on Zerodha Pi ?

Open Zerodha Pi >> on the TOOLBAR >> ALERTS >> SCANNER

on the NEW SCANNER WINDOW >> NEW SCANNER >> type NAME >>

(copy paste this code to script box )

LAST > OPEN AND VOLUME > REF(VOLUME, 1) * 10

set PERIODICITY = MINUTE

select BAR INTERVAL = 1

set DAYS = 1

and click ADD SYMBOLS

on the ADD SYMBOL WINDOW >> add your preferred symbols or use the predefined list of stocks >> OK >> OK

Now select this new scanner from the Scanner window on your Pi and Load it.

Screening for Volume Breakouts using Zerodha Pi Scanner :


For More useful Zerodha Pi scanner codes visit :

Tradescript code for Zerodha Pi Scanner : Intraday Signal