day moving average

The TTM-Squeeze can reveal stocks under market pressure getting ready to rise or fall rapidly, and the best part about it is that it’s free for traders to use. Simpler Trading Scanner; this scanner is designed to find exactly what you are looking for in the market. Any trader with any strategy can use a premium scanner to find the best trades out there. Staked Profits Mastery Program; traders get monthly live trading sessions with Danielle Shay, where she mentors and teaches her stacked profits formula trading options. First couple of hours of regular trading, creating great potential stock moves in the morning.


Breaks it down a little further and shows us the top performing sectors. When possible I like to trade within the top two or three strongest performing sectors. During bull markets these sectors contain stock that trade high relative volume and are more likely to have explosive moves.

Finding stocks to swing trade

Now that we have our universe of stocks chosen and basic filters in place, let’s get into the specific patterns we’re interested in. For my scans, I like to cast a wide net and use TC2000’s US Common Stocks list. This group contains a listing of all of the stocks on the Nasdaq and NYSE but without ETFs and indices, so we’re left with just individual stocks. Instead of having to sort through thousands of stocks, we can get a shortened list back, containing only stocks that fit the characteristics that we’re looking for.

  • The Price Breakouts filter allows you to quickly spot stocks that are crossing above or below a moving average, which is a starting point for many swing trading strategies.
  • The best stock scanners and screeners are integral tools used to search the markets for specific criteria for trading.
  • That’s why Zacks is our choice as the best free option for a stock screener.
  • Having the scanner monitor your 100 stocks in real-time compared to over 6,000 stocks makes a big difference.

I used the free Finviz screener long before I started using Trade Ideas. But the stock market scanner has only limited capabilities for day traders’ needs. In addition, users gain access to the equity research reports for every stock Zacks covers.

Best Stock Picking Services, Subscriptions, Advisors & Sites

So if the price has only been down there a day or two, that is not majorly concerning to me. In between trading stocks and forex he consults for a number of prominent financial websites and enjoys an active lifestyle. This is a complete method for swing trading stocks, revealed in step-by-step video format. Some days you will find several quality trades when you scan, other days you will find none. Stay strong, and make sure you only take trades that align with the strategy. Not having a trade is better than taking a crappy one that will lose you money.

It is important to distinguish whether the scanner is using your computer’s resources or the data provider’s servers to perform scans. The number crunching can be a major resource hog that can slow down your system performance. Depending on how specific your criteria is, you can determine if you will need to some programming training to ensure more accurate results. We still need to go through the search results manually and pick the best trades, but this work is a lot easier after the screener has filtered the list down to a manageable size.

Some of these may become tomorrow’s losers while others will continue their rally. Any and all information discussed is for educational and informational purposes only and should not be considered tax, legal or investment advice. A referral to a stock or commodity is not an indication to buy or sell that stock or commodity. Here’s how you can use Scanz to find the top movers every single day. I want to write a 12,3,3 Stochastics scan that sometime within X previous bars crossed BELOW the 20 AND THEN within Y bars crossed UP through the 20.

But given the sheer number of platforms available, it’s nearly impossible to tell which one is the best for you. Traders may use daily time-frame for spotting the primary trend. We also show you how to check which sectors are performing well. Trading stocks that are in a strong performing sector greatly increases your odds of being right. As mentioned before we need to stack the odds as much as possible in our favor. Please, read the in-depth Finviz Review to learn more about all features.

If you are, Simpler Trading has you covered, with Danielle Shay’s program called the Stacked Profits Mastery. Sign up today and trade with Danielle on a monthly bases, get real-time trade alerts, get her weekly watchlist, and follow along with what she has traded in the past. So if you are looking to take advantage of low-risk, high-reward, then this program is for you, join today and never trade alone again. As you learn how to find stocks to swing trade, practice using scanners and trading in a simulated account.

Since you now know about the most popular swing trading strategies, the next important question you might have is how to swing trade Forex and stocks. Although in swing trading the positions are held open for several days or weeks, it’s not really a long-term trading type. Because of this, this type of trading is often compared to day trading and other short-term trading types. Using the Relative Strength Indicator to identify overbought and oversold stocks is a frequently used strategy by many swing traders.

The types of financial products you choose to swing trade will also have a bearing on the type of trading app that would best suit you. For example, earnings and earnings calls can have a significant impact on the price of a stock, but they are irrelevant when trading in other markets, such as commodities or forex. Our scanner is one of the most versatile scanners that can be customized to fit your trading strategy and discipline. For instance, it can help find the most up-to-date squeeze and identify high or low-volume stocks. So, if you are in the market for a premium scanner that caters to your style, the Simpler Trading Scanner is one to consider.

Practice: How to Find Stocks to Swing Trade

In addition, Black Box Stocks has an integrated options screener where unusual options activity on Wall Street is tracked. Users can apply 17 filters to real-time options flow and color-code the options alerts. TheFly news get streamed in real-time, and the trading chat room for stock traders and a discord channel for options traders make their offers complete. Finally, they have free trading education events where real traders educate the community in diverse trading and investment styles. The timeliness of the scan results is a top for intra-day scanners, where seconds and minutes can make the difference between ripe or lost opportunity.

Bollinger Bands Screener – find stocks that are crossing the lower Bollinger Bands for entries and crossing the upper Bollinger Bands for exits. Bollinger Bands are useful to determine how far away a stock’s price is from the moving average. MACD Crossover Stocks – find stocks that are making a MACD crossover on the daily chart. The MACD indicator crossover produces strong signals for traders. Moving Average Screener – moving average crossover produces powerful signals, use our custom moving average screener to find entry points.


The advanced web platform combines screening, research and charting. Zacks Investment Research offers financial news, stock market updates and personal finance insights. Their free stock screener includes insights into company fundamentals, the Zacks investment research features, dividends and balance sheets. Many investors look solely for this because they are still trading based on technical aspects and thus prefer a technical analysis stock screener. The purpose of a stock scanner is to automate the search and filter process to identify stocks that meet your criteria. You are using technology to do the tedious legwork of monitoring the market or a watch list of stocks on your behalf.

Having the scanner monitor your 100 stocks in real-time compared to over 6,000 stocks makes a big difference. In addition to draining more resources and the timeliness of results, you will also have to contend with potentially a lot more candidates to analyze. Your customized desktop scanner may spit out 3 candidates within seconds of qualifying whereas an online scanner may spit out 50 candidates within minutes of qualifying.

Playing News-driven Stocks

The volatility in the stock market is always changing, so you should also conduct appropriate research about the volatility of a stock before initiating your very own swing trade. While free stock screeners may have limited information, they’re a great place to start until you manage to save up enough money for a premium stock screener. The stock screener also has dozens of filters, including the ability to sort by active price, swing percentages, volume, and more.

A position trader buys and holds an investment long-term with the expectation that it will grow in value. A stock trader is an individual or other entity that engages in the buying and selling of stocks. Use this screening method to stay on top of hot stocks, see them setup, and have your orders placed for when they explode. Use this screening method to stay on top of hot stocks, see them set up, and have your orders placed for when they explode. Unfortunately I do not believe you are going to find anything satisfying for pattern recognition, and especially not for on chart drawing.

Among other things, MT5 allows you to browse an extensive library of bots and strategies. You download the platform and then purchase a trading bot for a particular market. When you’re confident in your ability, easily toggle to your Real Account and start trading.

Unfortunately, this trading stock software doesn’t offer backtesting or automated trading. A swing trader may choose to receive help through subscribing to swing trade alerts services to aid their swing trade actions. – are you looking to trade momentum stocks that have the potential for a breakout. Business Daily has excellent investing and trading resources. Or, if you are looking for a powerful free scanner, then finviz is a great resource. Below you will find the best options and stock-picking services that we provide. Margin account, you’re only allowed to make three-day trades during a five-day rolling period per the day trading rules set by FINRA. Swing traders must be prepared to sell when market signals point to sustained weakness at a gain or loss.

We will be looking at several of the best stock screeners for swing trading that can currently be used in 2022. Investors are commonly looking for ways to help them find profitable swing trades in various types of markets. Today, we will attempt to find the best stock screener for swing trading. The Complete Stock Swing Trading Course by Cory Mitchell, CMT focuses on 4 patterns that tend to occur in strong stocks right before an explosive move. It also looks at when to avoid trading trend channels and other strategies. Knowing when not to trade is just as important as taking trades.