Hi, we are testing out a new method for helping traders screen for potential trading opportunities and would like to get this forumâs thoughts and criticisms on whether this approach is time saving and useful. First, a few 10 day forecasts based upon most Apr 2nd closing prices, that have high expected returns (based upon historical data): How we derived these forecasts: 1. Everyday we track the values of a number of indicators for the most liquid 1500 stocks 2. We run a backtest for each indicator and each stock to calculate what historically happened to that stock 10 days after the indicator value is more extreme than it is now (for e.g if the 5 Day RSI for AAPL is 95 today, we calculate what happened to AAPL stock 10 days after the 5 Day RSI for AAPL was more than 95 using all available historical data) 3. Based upon these expected 10 day returns across multiple indicators across 1500 stocks, we filter which stocks that can be traded now have the highest historical expected return. So weâre basically answering the question: âbased upon our backtested results, which trades can I do today that have the highest expected return?â 4. A few of those top forecasts for today are above. You can use our tool (currently in beta at MktForecast.com and currently available for free) to filter by highest forecasts, lowest expected return, sectors, number of historical observations (so you could filter out the few trades above that only have a few historical precedents) and many other dimensions. Would appreciate any thoughts or feedback you have on this. Thanks!