๐๐ต๐ฎ๐ฟ๐๐ถ๐ป๐ธ ๐ฆ๐ฐ๐ฟ๐ฒ๐ฒ๐ป๐ฒ๐ฟ is a Stock screening tool that is useful to screen stocks based on Technical & Fundamentals.
๐ธ It scans stocks by using technical indicators like RSI, MACD, divergences, etc.
๐ธ It also uses fundamental tools like Book Value, EPS,PE etc
[2/15]
How To Create A Scan ?
Go to chartink.com & click on ๐๐ณ๐ฆ๐ข๐ต๐ฆ ๐๐ค๐ข๐ฏ under ๐๐ค๐ณ๐ฆ๐ฆ๐ฏ๐ฆ๐ณ๐ด.
[3/15]
๐๐ถ๐ฟ๐๐ ๐ฆ๐๐ฒ๐ฝ ๐ง๐ผ ๐๐ถ๐น๐๐ฒ๐ฟ ๐ฆ๐๐ผ๐ฐ๐ธ๐
We can select segments of stocks of our choice, e.g. cash or futures stocks, Nifty 100 etc.
Click on green โ+โ icon to add conditions.
[4/15]
๐๐ฎ๐ป๐ฑ๐น๐ฒ ๐ง๐ถ๐บ๐ฒ๐ณ๐ฟ๐ฎ๐บ๐ฒ๐ & ๐๐ผ๐บ๐ฝ๐ฎ๐ฟ๐ถ๐๐ผ๐ป ๐ข๐ฝ๐ฒ๐ฟ๐ฎ๐๐ผ๐ฟ๐
๐ธ We can select any timeframe of candles in Chartink, from minutes to years.
๐ธ And compare two candles using comparison operators like ๐๐ฒ๐ถ๐ข๐ญ ๐ต๐ฐ or ๐๐ณ๐ฆ๐ข๐ต๐ฆ๐ณ ๐๐ฉ๐ข๐ฏ , crossovers etc
[5/15]
Example: ๐ฅ๐ฆ๐ , ๐๐ ๐ ๐ฎ๐ป๐ฑ ๐ ๐๐๐
๐ธ Daily RSI greater than 70 & close above EMA 50
๐ธ Latest means Daily timeframe 1 day ago means Yesterday and so on
๐ธ MACD Bearish or Bullish Cross
[6/15]
๐๐ป๐๐ถ๐ฑ๐ฒ ๐๐ฎ๐ฟ ๐๐ฎ๐ป๐ฑ๐น๐ฒ
๐ธ An Inside Bar is a candle thatโs โcoveredโ by the prior candle.
๐ธ Scan to filter stocks from Nifty 500 where the latest 15 minutes candle is an inside bar.
๐ธ [0] means latest candle & [-1] means previous candle
[7/15]
๐ ๐ผ๐๐ถ๐ป๐ด ๐๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ ๐๐ฟ๐ผ๐๐๐ผ๐๐ฒ๐ฟ,๐ฉ๐ผ๐น๐๐บ๐ฒ ๐๐ผ๐ป๐ฑ๐ถ๐๐ถ๐ผ๐ป & %๐๐ต๐ฎ๐ป๐ด๐ฒ
๐ธ 20 EMA crossing above 50 EMA
๐ธ Latest Volume greater than 1.5 times of 20 days average volume.
๐ธ % Change more than 2%
[8/15]
๐๐๐น๐น๐ถ๐๐ต ๐๐ถ๐๐ฒ๐ฟ๐ด๐ฒ๐ป๐ฐ๐ฒ ๐ฆ๐ฐ๐ฎ๐ป
๐ธ Divergence means that the indicator is moving in the opposite direction compared to the price.
๐ธ If RSI is making higher highs-higher lows while the price is making lower highs-lower lows, it is termed as Bullish Divergence.
[9/15
๐ฑ๐ฎ ๐ช๐ฒ๐ฒ๐ธ๐ ๐๐ถ๐ด๐ต ๐๐ฟ๐ฒ๐ฎ๐ธ๐ผ๐๐ & ๐ก๐ฒ๐ฎ๐ฟ ๐ฑ๐ฎ ๐ช๐ฒ๐ฒ๐ธ๐ ๐๐ผ๐
๐ธ Future stocks closing above 52 weeks high or 252 days high.
๐ธ Stocks near 52 weeks low zone, maximum 10% above 52 weeks low.
[10/15]
๐๐๐ป๐ฑ๐ฎ๐บ๐ฒ๐ป๐๐ฎ๐น ๐ฆ๐ฐ๐ฎ๐ป๐
๐ธ Stocks with 200% yearly profit jump.
๐ธ Stocks with market cap more than 3000 Cr & paying more than 100% dividend.
[11/15]
Youtube Video Part 1 : Basics of Chartink Screener
The MARS Chartink Dashboard by @finallynitin
โฆฟ MARS widget for indices
โฆฟ Top 50 stocks as per MARS
โฆฟ MARS 20 - a shorter-term variant based on 20-day MA
โฆฟ MARS 200 - a longer-term variant based on 200-day MA
โฆฟ % of stocks above/below 50-day MA
The #1 Tradingview Indicator for Catching Reversals in 2025
A Thread๐งต
We use ATR to calculate the volatility of stock
What Does ATR Measure?
ATR calculates the average of the True Range (TR)over a specified number of periods (usually 14).
Its used for
Position Sizing:
Stop-Loss Placement:
Breakout Confirmation
Reversal Confirmation
Confused how to exit stocks in swing trading ?
A thread ๐งตon 4 ways to exit stocks
Retweet and Share !
There are multiple ways to exit a stock 1. 7-8% Stoploss 2. 21 EMA tsl 3. 50% exit on RR and 50% on Tsl 4. Using Swing lows as stoploss
I use majorly use 1st and 2nd
1. 7-8% Stoploss
Description: You set a fixed stop-loss percentage, typically 7-8% below your entry price.
If the stock's price drops to this level, you exit the trade to minimize losses.
Losses work exponentially against you .
A 10% drop requires 12.5% breakeven
A 20% drop requires 25% breakeven
Relative Strength vs Relative Strength Index
Tool to level up your Trading ๐ฅ
A Thread ๐งต
Kindly Retweet and ๐ฉท
Relative Strength :
ยขRelative strength is a strategy used in momentum investing and in identifying value stocks.
ยข It focuses on investing in stocks or other investments that have performed well relative to the market as a whole or to a relevant benchmark.
Indicator Values :
๐ 0 line that helps to differentiate between underperformer and outperformer
๐ >1 Outperforming the markets
๐ <0 Underperforming the markets
7 less known Tradingview Indicators that all traders should know about
A thread๐งต
1. @TraderLion_ Enhanced Volume Indicator
Lime Green Bars Suggests day when the stocks closes near the days high and volume greater than past 10 down volume days Suggesting Institutional Accumulation
Modified version of Bollinger Bands
When price is written in blue, volatility overall is falling. When the outer bands start to fatten up in blue, a contraction signal is forming. Works with any length of your choosing tradingview.com/script/fXnublKโฆ