Flag stock screener (volume spike and sharp move)

Flag stock screener (volume spike and sharp move)

This flag consolidation setup stock screener will help you find with ease good potential entry points for long setup for stocks which have made a recent Volume spike and a sharp move. 

Here is how it has been formulated: 

  1. there was a breakout of Volume over its 20 periods average in the last 10 days
  2. the squared percentage of the price Close minus the 7 periods average made a breakout over its 200 periods average + 80% of its standard deviation
  3. the SMA 7 is over the SMA 200 and price Close is over the SMA 200
  4. the current candlestick High is below the highest high of the last 3 periods

This stock screener had been developed following a request in the screener forum:
https://www.prorealcode.com/topic/screener-for-stock-trading-flags/

 

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?

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

  1. atlante • 10/22/2020 #

    can you do this screener in indicator thank you

    • Nicolas • 10/22/2020 #

      Just change the last line with: RETURN c

  2. atlante • 10/22/2020 #

    thank you nicolas.i was follow you more years a go only say you you are the best in the world for me.

  3. smarttrader1 • 10/22/2020 #

    hi, can you improve on this ? can you make this flag screeener for day trading, I want to be be able to use the flag screener for screening intra-day changes.
    thanks

    • Nicolas • 10/22/2020 #

      Please open a new topic in the proscreener forum for this specific query. Please provide explanation and example if possible. Do not forget to respect the posting rules please.

  4. NHGambler • 106 days ago #

    Nice screener. Only thing is I wonder if this is aimed more at small/medium/large caps? I ran this on the UK market and I am getting quite a varied mix of caps, some very big mixed with very small ones.

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
emism12 Looks great, personally I don't use automated trading for single stocks, but is definitely o...
adconsulting Ciao, I look that the strategy (backtest 50 k), works very good wiht US 500 CASH 1 EURO in...
Kev Monaghan The equity curve looks to follow the stock price almost perfectly, Have you tested on stock ...
mickey992 salut merci pour ton partage et ton travaille
patapouf Hi Vivien René I just discovered your “Ordered trend-following stocks Screener”. Great work...
RobertFX Works fine
Kees Pols great tool! Thank you
tush1822 appreciate your post mate!! it helped me.
Ben Ji Bonjour Nicolas, je souhaiterais exploiter votre screener sur la plateforme TradingView. Pou...
Nicolas Non désolé, je ne fournis pas de support pour cette plateforme.
fredfilm Hi Nicolas, how could we add a price screen to this? eg stock prices between $1 to $3 etc
anandxsawant Hi Odin, Thanks for this screener based on the popular criteria to trade trends from Marc...
Gianluca thank you very nice screener
bertrandpinoy BONJOUR PAUL impossible de tenter le trading automatique, PRT me dis que l instruction "GRAP...
Paul Bonjour, supprimez les lignes avec un "graph"
bertrandpinoy merci. vous l utiliser actuellment sur quel instrument vous? et quel timeframe? Merci
GraHal Yes sorry, I set up a link to a screen shot on my google drive and then I got locked into th...
gabri Here's the thread https://www.prorealcode.com/topic/multiframe-rsi-of-rsi/
Bernard13 Bonjour Nicolas, Pourriez-vous m'indiquer si cet indicateur fonctionne avec la V11 ? Le di...
zilliq I think the "best"  method to backtest is  to do a simplier Walk forward backtest (and we ho...
volpiemanuele Hi, I have modified and optimized the strategy on FTSE 100 CASH Eur 1 on IG demo account. B...

Top