I personally use 3-4 Scanners regularly to find stocks of my interest. Let's go through them one by one
VCP SCANNER
A THREAD 🧵
I personally use 3-4 Scanners regularly to find stocks of my interest. Let's go through them one by one
This my go to scan, This scan shows the result of all the stocks trading above 20SMA, which have latest % close +- 3%.
Drawdown of this scan is It's result can go upto 1000-1200 stocks in a day. so It's not possible for a part time trader to run this daily.
(DISCLAIMER:- THIS IS NOT MADE BY ME, I'VE FOUND IT ONLINE SOMEWHERE PLS TAG THE OWNER FOR CREDIT IF YOU KNOW)
I don't use it daily, because Scanner 1 gives me all the result I need.
This scanner shows the highest ROC ( Rate of change )
Link of Scanner 2:- https://t.co/ZQcthqw1T5
Monthly Inside bar& Weekly Inside bar
Though I'm not big fan if IB scanners but still I use it for adding extra stocks in my weekend results.
I deeply respect IB structures but scanners just don't do justice if stock goes up/ down by even 1 Tick.