Jump to filter

-AM Gap Down
-Big Bouncers
-Day Trader's Bounce
-Breakouts (long)
-Gar's Swing (long)
-Gar's Swing (short)
-Bollinger Squeeze (long)
-Caving
-Overbought
-Oversold
-Big Buy Volume
-Penny Ante
-Penny Ante Darkside
-AM Gap Up
-Snappers
-Cheapie Breakouts
-Strong Uptrend
-Trap Door
-Lunar Bounce
-Multiday Upside Potential
-Parabolic Screamer

AM Gap Down

A gap down is when a stock opens lower, in the morning, than its previous close. More often than not, the stock will attract "bargain hunters" very early, which creates a bounce. The idea is to jump on board soon after the open and ride it back up. The AM Gap Down filter will display all stocks, in pre-market, that are set to spike lower. This filter is intended for pre-market only.

Big Bouncers (for daytrading)

This is one of the best ways to make money in down markets---and without shorting. The idea is to locate stocks that have fallen substantially, but are destined to bounce. Most bounces occur on a predetermined support level, which is a significant part of this filter. Using the Pivot Points formula, this Big Bouncers filter screens for all stocks that have fallen, but are at or near major support levels.

Day Trader's Bounce

Breakouts (long)

A breakout is when a stock breaks above a known resistance level, usually accompanied by above-normal volume. Breakouts are excellent swing trades as long as the market sentiment is positive (you should avoid playing breakouts in a bear market). The Breakouts filter uses the Donchian Channel to detect a break through resistance, accompanied by the Volume Change formula.

Gar's Swing Trades (long)

This filter is the equivalent to the older "MACD Curve" filter in StockVision. Using the MACD histogram, this filter will flag the best candidates for near-term gain. This one is excellent for multiday "swing" trades.

Gar's Swing Trades (short)

This filter is the equivalent to the older "MACD Curve Down" filter in StockVision. Using the MACD histogram, this filter will flag the best candidates for near-term losses, which is good for short selling This one is excellent for multiday "swing" (short-sell) trades.

Bollinger Squeeze (long)

Based on Bollinger Bands, this filter is based on the repeating pattern that lowering volatility is the prelude to a sudden "awaking" of a stock. This filter uses contracting Bollinger Bands to detect decreasing volatility in recent sessions, and at the same time, checks for some indicators that reveal a renewed buying interest. This can produce powerful, multiday upside.

Caving

This is a bear filter, which screens for stocks that appear to be collapsing, and might have a lot more downside.

Overbought

This is a bear filter, which screens for stocks that show overbought indicators. It uses both RSI and Williams %R to spot the most overbought stocks in the master list.

Oversold

This is a bull filter, which screens for stocks that show oversold indicators. It uses both RSI and Williams %R to spot the most oversold stocks in the master list.

Big Buy Volume

A simple filter that shows the stocks that are trading well above their normal volume for today, and are to the upside. It differs from Big Sell Volume since these stocks are getting buying pressure and not selling pressure.

Penny Ante

A "penny stock" filter. This screens for stocks below $7 that are showing signs of possible multiday upside. It uses the MACD histogram as well as Volume Change to detect the move. The Price Constraint formula is used to keep the filtered stocks below $7.

Penny Ante Darkside

Identical to Penny Ante except it locates stocks that are falling strongly. A decent short selling filter.

AM Gap Up

A cousin to the "AM Gap Down" filter, but this one is for a bearish play. A gap up means the stock is poised to open much higher than its previous close. A stock that is gapping up will often draw sellers early, which gives a good entry for short sellers. This filter is intended for pre-market only.

Snappers

High volatility stocks. This filter screens for the stocks that show the most movement, in either direction, in the most recent session. It scans a 30-minute chart for 5 bars for movement.

Cheapie Breakouts

Identical to the Breakouts filter except it excludes all stocks above $7. Hence, you might consider this a "penny stocks breakout" screen.

Strong Uptrend

Screens for stocks that reveal a very strong uptrend from recent data. It uses ADX as the main component to detect the strength of the trend.

Trap Door

Emulates the old StockVision "trap door" feature. This filter reports stocks that have a sudden spike lower in a short period of time.

Lunar Bounce

Screens for stocks near their session low, which is intended for use near the market close. The idea of the Lunar Bounce is to catch a stock getting hammered into the closing bell, and hold into overnight for a bounce.

Multiday Upside Potential

A good filter for "swing" trades, this filter uses ADX to detect a rising trend, but for stocks that are closer to their 52-week low versus their 52-week high. In other words, there is much room for upside, as they are likely oversold.

Parabolic Screamer

Stocks that have had a huge rise in price in the last hour or so. The idea is to catch them on the way down (as a short sell), or wait for them to fall hard and play the bounce.