Thanks to Ken Calhoun for the following filter ideas.
The following two basic price and volume filters are designed to produce scans of NASDAQ and NYSE stocks that meet minimum volatility and volume criteria.
The Swingtrading screen scans for stocks with daily volume of at least 1 million shares with a 1-point Average True Range or higher, priced between $20-$80 per share that are taking out new 52-week highs.
The Daytrading screen scans for NASDAQ/NYSE stocks priced $20-$80/share with minimum volume of 1 million shares/day and minimum 1.5-point ATR.
Both screens are designed to produce a carefully filtered list of suitable trading candidates that have necessary minimum volume and volatility. The price range of $20-$80/share is used to avoid low-volatility riskier cheap stocks, as well as filtering out pricier poorly-leveraged high priced instruments.
We've created a Sample Library of Filters that can be Imported into Market Screener Plus. Importing a filter is simple and easy, click here for instructions.
Click here to access our Sample Library of Market Screener Plus Filters.
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