The "Explosive Stocks" screener

Category: Screeners By: Doctrading Created: February 21, 2017, 11:11 AM
February 21, 2017, 11:11 AM
Screeners
6 Comments

Hi all,

A little screener that can be very useful for swing traders with stocks. I essentially trade stocks with this kind of screener. This one helped me a lot at my beginnings. Sometimes, on 10 stocks, you can have an “explosive” one, which can increase your money fast (fast means that if you take 0,5% risk per trade, you can sometimes get a winning trade with +2% or 3%…)

It can detect stocks that can start increasing fast, with the following criteria :

  • high volume > 10000 and volume > 2,5 times the average volume of the last 20 periods
  • bullish candle
  • close > moving average 150 and moving average 150 increasing
  • amplitude > 5 times the average amplitude of the 20 last candles
  • close > Bollinger and Bollinger increasing in volatility (there was a range before)

On the screenshot, all criterias are here.

In order to take position, don’t forget to draw manually a resistance trend line, that the close must break.

I also always use a stop loss with 0,5% to 1% capital (last swing low, low of the previous range)

// ACTIONS EXPLOSIVES V2
c1 = volume > 2.5* average[20](volume) and volume > 10000
c2 = close > open
c3 = close > average[150](close) and average[150](close) > average[150](close[1])
amplitude = close-open
c4 = amplitude > 5*average[20](amplitude)
c5 = close > bollingerup[20](close)
c6 = average[15](bollingerbandwidth[20](close[1])) < 0.8*average[50](bollingerbandwidth[20](close[1]))

IF c1 and c2 and c3 and c4 and c5 and c6 THEN 
 ACHAT = 1
ELSE
 ACHAT = 0
ENDIF

screener[ACHAT]

 

Download
Filename: Explosive-stocks-screener.itf
Downloads: 2013
Doctrading Master
Hello, I'm Marc. Nice to meet you.
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