Stock screener for previous day high-low crossings

Discussion in 'Trading Software' started by p0box4, Jun 14, 2021.

  1. p0box4

    p0box4

    I have been looking for a real time stock screener for quite some time now, however none of the ones that i found had the features i require.

    For example lets say i only want to trade a stock that crosses above or below yesterdays high/low. I would then require the screener to give me an alert or signal and list the stock, sorted by date and time, so the latest stock to cross the level should be displayed at the top of the list.

    I have found a few that do what i require, but they are not real time and do not sort the list by date and time. There are a few other settings i require but i suspect that most that offer more advanced screening like yesterdays high and low will also provide those.
     
  2. KCalhoun

    KCalhoun

    Great idea, I like stockcharts.com and finviz.com though I don't know if they can do that particular scan.

    Much of my favorite strategy in trading is 2day highs (breakout above prior day high)

    If I were creating a scan it would screen for stocks:

    Price 10-40/share
    Min volume 1m shares/day
    Min ATR 1point
    Needs to hit 2d high by 9:45,am
    Closed prior day near hod
     
    Last edited: Jun 14, 2021
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  3. easymon1

    easymon1

    Thumbs Up, Dude.
     
    Last edited: Jun 14, 2021
    KCalhoun likes this.
  4. deaddog

    deaddog

    Can't you build one like that with stockcharts?
     
    KCalhoun likes this.
  5. easymon1

    easymon1

    do you have the paid version?
    Will it cover the last two criteria?
     
  6. Tradex

    Tradex

    Your goal is to fade these mostly fake high/low of the previous day "breakouts", right... ? ;)
     
    Last edited: Jun 14, 2021
  7. terr

    terr

    There are two types of scanners/screeners. One uses server-side processing - it works on the whole universe of stocks, but only has predetermined pre-programmed set of criteria (that could be quite extensive, and could be combined, but is not fully custom).

    Second type: client-side processing. It would work only on the data being pulled by the client, which narrows it down to however many simultaneous real-time tickers the data source used allows. On the plus side, it can be as customized as you like.

    Medved Trader, for example, scans using client side processing. The way it works is: you create a portfolio of stocks, the maximum limited by the total simultaneous tickers allowed by the data source (1500 for TD Ameritrade data source for example). Then you apply a "Scan" on the portfolio - which can involve as customized a set of criteria or logic as you like (and can do what you, p0box4, want). The scan would produce results that could be sorted the way you want, pop up and log alerts etc.

    So what a lot of our users do is pre-screen the stocks by the fundamentals in other places, such as finviz etc. in order to create a narrower list of stocks they want to scan in real time, make a portfolio of those, then apply the scan to the list.

    I am not aware of the third type of scanner - that is, one where you would write custom scan code and it would run on the server in real time on the full data pipe of the stock universe. I would think that would be very expensive to run for any kind of reasonable number of users. I thought of creating something like that, but scaling would be a bit of a nightmare.
     
    Last edited: Jun 14, 2021
    tomi01, p0box4 and easymon1 like this.
  8. deaddog

    deaddog

    Yes I have the paid version.
    I'm not sure about the time stamp but you would do the scan at that time.
     
  9. easymon1

    easymon1

    That would be worth having an assistant for.
    Imagine a procession of preconfigured charts and front ends pop up ready for action as result of some hot-shot screener specialist just feeding pregnant charts one after another until satiation, to a synched in trader. Lol.
    Sounds like a good way to pass the morning to me.
    Sign me up.
     
    Last edited: Jun 15, 2021
  10. easymon1

    easymon1

    How much would you guess the data fees would be separate from anything else?
     
    #10     Jun 15, 2021