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Seeking Wisdom in Investing

Aug 12, 2023, 12 tweets

How to Create Screeners 🧵🧵

1) Golden Cross
2) Bounced from 200 EMA
3) EMA Confluence
4) Higher High
5) High Volume
6) Narrow Range
7) Microcaps with sales šŸ”¼
8) Dividend stocks
9) Penny with sales šŸ”¼
10) High Promoter stake

Explained in this thread

Kindly Retweet Like šŸ™ twitter.com/i/web/status/1…

First of All click Create Scan on Chart Ink and start by clicking that + sign

First Basic Screener ( Technical ) -

1) Golden Crossover - 50 EMA Crossing 100

Only one Condition -

Latest close ( EMA 50 ) Crosses above EMA 100

2) Stocks that Bounce from 200 EMA or near 200 EMA

Condition -

Latest Low is < 200 EMA
Latest close is > 200 EMA

Means it went below 200 EMA but closed above that

3) 20-50-100 EMA Confluence

Confluence generally decide the move, R:R is always best when you trade at EMA Confluence

Conditions - All EMAs must have close value

4) Stocks making higher high everyday -

Condition - latest day high > previous day high

5) Volume Blast -

When Volume is greater than last 20 days here -

Modify according to requirement

Max Function used means volume latest is greater than max volume of last 20 days

6) Stocks with narrowing Range

Means Big Move is Near

Condition - Everyday difference between high and low must be less than previous day diff

Diff of High Low Today < Diff of High Low Yesterday

and So on for number of days you want

7) Stocks UNDER 100 with low Debt and Rising Sales

Conditions -

1) D/E Ratio < 0.2 ( change according to you )
2) Price < 100
3) Current year sales more than last year

8) Good Dividend Paying Stocks which can grow

Conditions -

1) Dividend > 1
2) PE Ratio < 15
3) Mcap > 5000

Change conditions according to your research -

9) Penny Stocks Rising Profits -

Conditions -

1) Price < 20
2) Mcap < 500 Cr
3) Rising Profits ( one can compare for many years )

10) High Promoter Stake Good Roce low PE Conditions given in screeners

This is how you all can create screeners according to your research and strategy šŸ™

Please follow my handle @myfirststock99
for more such info

Do join telegram - t.me/TradeTheTrend_…

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