Scanning for candidates

Discussion in 'Options' started by Andy_Trade, Nov 5, 2007.

  1. Does anyone here at ET have any experience using the Think or Swim scan tool?

    What would be the best way to scan for stocks that are about to move in either direction?

    I'm thinking about doing some simple straddle plays and need to know how to search for stocks that are just plain moving.

    If anyone has used the TOS scanner or has any general info about what to look for to identify stocks about to move I appreciate the help.
  2. l4t13


    Short term investments?

    I look at 10 day volume, price change % over last 5 trading days, price channels, momentum and accumulation/distribution.

    Thats just me though. And I have no idea what TOS allows.