Screeners are best to identify right stocks for trading and investing in just fraction of seconds.
Top 7 Free Screeners can help you save a lot of time and efforts in analyzing stocks in fraction of seconds.
The last screener is my favorite to pick early momentum stocks.
1/ Golden Crossover:
Golden Crossover of 20 EMA above 200 EMA is a good strategy used by the trader. This screener will help you in identifying stocks that has given golden crossover.
NR4 is the compression candle, where the range of the candles shrinks for four days. After breakout/breakdown, the stocks give good one-sided move. So such stocks can be added in the watchlist.
NR7 is the compression candle, where the range of the candles shrinks for seven days. After breakout/breakdown, the stocks give good one-sided move. So such stocks can be added in the watchlist.
Everyone dreams of buying a STOCK at the BOTTOM and sell it at the TOP to get MAX PROFIT.
It looks IMPOSSIBLE, but it can be done using RSI Divergence Strategy.
A detailed thread🧵 on how to use RSI Divergence Strategy in Trading:
We will split this thread into five parts:
• Basics of RSI Indicator
• What is RSI Divergence
• How to incorporate RSI Divergences in your Trading (Daily/Weekly Time Frame)
• Free Tradingview Indicator
• Free RSI Divergence Screener Link to simplify your analysis
1/ Basics of RSI Indicator:
The Relative Strength Index (RSI) is a momentum indicator used in technical analysis. It provides traders with signals about bullish and bearish price momentum.
It is very common indicator and is available on the Broker Platform and Tradingview
RVNL has given 93% returns in a few weeks. It's one of the winners in my holding.
Practically, Stock Trading is the best as it requires less effort to generate decent returns.
Sharing SIMPLE Stock Trading Strategies that I personally use.
Last strategy is my favorite.
1/ All Time High or 52 week High Breakout:
Stock that breaks the uptrend are the one that can give massive upmove.
These stocks are considered as strong stocks in the market.
Timeframe should be monthly and if price closes above ATH or 52 week high on any day you can enter.
Example 1:
Reliance Chart.
It gave breakout above its All Time High level after 10 years and then never looking back.
Is manually scanning charts of 5000+ stocks time consuming for you to identify a perfect trade?
These top 7 Free Screeners can help you save a lot of time and efforts in analyzing stocks in fraction of seconds.
Also, last screener is my favorite to pick early momentum stocks.
1/ Golden Crossover:
Golden Crossover of 20 EMA above 200 EMA is a good strategy used by the trader. This screener will help you in identifying stocks that has given golden crossover.