Deep oversold trending stock screener

Deep oversold trending stock screener

Based on a mean reversion hypothesis with the classic RSI 2 periods, this stock screener will fetch and find stocks that are in a long term trend and with sufficient Volumes. 

The RSI 2 periods with oversold criteria (RSI is below 10) should give a good opportunity to set long order.


Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. styrke • 214 days ago #

    Hello Nicolas,
    Nice screener, I appreciate the way you always try to condense at maximum the code you propose.
    Why do not use the Stochastic in this case? (in another way, for which reasons did you choose the RSI)?

    • Nicolas • 214 days ago #

      There’s no particular reason. RSI is widely use with its default period and results seems relevant for what it’s supposed to be found here.

Register or


avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Pepsmile Hi FULVI, Interesting. But seems to take into account only bull trend.
Matt B Thank you Louis. I just download, Which system do you recommend ?
Kosuda76 Hi Louis! This indicator has helped me a lot, has tried to get the RSI 30 extracted in the g...
luxrun Thanks, bolsatrilera, for a very good and solid screener!
luxrun sorry... indicator!
4 weeks ago
Maxime Baudin Interesting, Thank you! :)
franck-david Bonjour Nicolas , actuellement je me forme grace a vos videos tres tres bien expliques mer...
Nicolas Merci. ça n'est pas le lieu pour poser ce genre de question :) Merci d'utiliser le forum Pro...
2 months ago
2 months ago
supertiti Hola Ale Can we have this same code from Nicolas's code in smoothed heikin Ashi? Sorry...
ALE Ok, We can discuss in the topic "3D Candlesticks TOPIC" Write me more details
Vonasi Discussion on this indicator/filter can be found here:
Vonasi Forum discussion on these indicators can be found here:
jennr29 Hi. Is it possible to convert this code to an mq4 file?
Nicolas Sorry but our website is dedicated to prorealtime programming. However, you can ask for priv...
Swingforfortune Hello. It is different for different charts, you can first change the period to find fearzon...
HeikinAshi Thank you very much, I've tuned it to adept the M5
m-zeter Hello Swingforfortune, would you like to share your code of the "greedzone" indicator?
pableitor Hola Domenec, un indicador muy original y util que ciertamente añade mucha informacion a la ...
Domenec Hola Pableitor porque aqui lo que pretendo es programar un nuevo codigao mas ajustado para q...
Juanjo Hola Domenec. He visto en los videos que hablas continuamente de mercado de futuros con grá...
4 months ago
enricot Ciao Nicolas scusa se ti scrivo qui, ma sono nuovo e nn riesco a creare un nuovo post, cio...
enricot Scusa nn riesco.
SoloContado If you smooth the signal using a "summation" function, you get a nice "crossing of 0" graph....