Need a good scanner

[GATrader]

toonces, check out linnsoft.com . They might have what you are looking for. Another alternative is neovest first alert or insight. I am an "expert" with linnsoft and from your description you can use the "tokens" called avgvol, tickvol,daypct in linnsoft. Tokens are variables that linnsoft exposes which enable you to create formulas for scans. Ex. If I want to flag stocks that have hi volume I can create a proprirtary indicator called x which is vol*daypct/avgvol so if the result of x is 3.5 it tells me that this stock as of right now is 3.5 times normal avgvol. Check out their site for more info.

Good luck

 

[SocalTrader]

Quote from Toonces:

I subscribe to Trade-Ideas, so I ran a scan for stocks up at least 5% from the open. Min Price 1, Max Price 100, Min Up from the Open 5%, Nasdaq. I got no results. Nothing else was checkmarked. Then all the sudden I start getting results for new highs. I look in my configuration, and new high boxes are checked. So I go to configure, uncheck the new highs and hit 'accept changes' and I still get new highs. I go to configure again, and the new high boxes are still checkmarked.

I use 'Running up' and 'Running Down' but there are way too many alerts that are kind of useless, even if it's set to 10. The problem is, if you specify that it has to have a certain volume, it's kind of meaningless because good volume at 9:45 is not necessaritly good volume at 1:00. You can use average volume for a day, but you're going to miss stocks that are moving on unusual volume. If you filter for unusual volume, you miss stocks that are moving up that normally trade a lot of volume. If you filter for a maximum spread price, you're going to miss higher priced stocks.

What I would like is something that caculates the pace--either the number of trades that are going by every minute, or the share volume that is being traded every minute. I don't see where your software can do that. Is it possible to add that feature?

Your software ALMOST meets my needs. :eek:

daferiat is correct The Min Current Volume filter is exactly what you describe here is the detail description for anyone else who is interested:

These compare the current volume for today to the average volume for this time of day. These all refer to the standard volume numbers, which are reset every night at midnight.

These filters are not available during the premarket. If you set either of these filters to any value other than blank, you will see no alerts before the open.

These filters use a ratio. If you set the Max Current Volume to 1, you will only see symbols which are trading on lower than average volume. If you set the Min Current Volume to 1, you will only see symbols which are trading on higher than average volume. If you set the Min Current Volume to 2.5, you will only see symbols which are trading on at least two and a half times their normal volume. If you set the Max Current Volume to 0.9, you will only see symbols which are are trading on less than 90% of their normal volume.