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Scanning for Stocks
using Stockfetcher

 
     
  On this page I give you four scans that you can use in Stockfetcher. These scans are free, although you can sign up for their basic service if you want to be able to save your scans.
 
 
     
 
 
     
   

     
 
 
     
 
Trading Pro System
 
     
 


Stockfetcher provides a java based scanning service that is very quick. The basic service provides up to 100 stocks for you to look at, which is more than enough! If you sign up for their basic service, you can save scans and have more stocks "fetched" for you - just in case you are a masochist and really want to plough through more than 100 stocks. If you cannot find a trade setup in the first hundred, then either give up trading or wait until a better day!

 

First Steps

Go to the Stockfetcher website, and click on SF 2.0. This will load a java based application. Click on the "Stock Screen" tab, and a window will come up into which you can paste your scans.

You can either copy the scans from this page, or have them saved in notepad, and copy them directly from there. Click on "Fetch Stock" and in moments your list of 100 stocks will pop up, each with their own mini graph.

Go through your list of stocks, and pull up the charts. Look for the candlestick patterns that will tell you which ones to trade, and give it a go!

Scans for identifying stocks in a Trend - for finding stocks that you can use to sell credit spreads.

To find stocks in a positive trend: - use these to find stocks for which you can sell Bull Put Spreads or naked puts.
These are stocks priced above $50 which have a strong positive trend and for which a downturn is probably not imminent.

Show stocks where close is above 50
and average volume(30) is above 250000 do not draw average volume(30)
and close is above MA(200)
and MA(10) is above MA(30)
and ADX(14,14) is above 20
and RSI(15) between 30 and 70

and draw MA(10)
and draw MA(30)
and draw ADX(14,14)
and draw RSI(15)

To find stocks in a negative trend: - use these to find stocks for which you can sell Bear Call Spreads.
These are stocks priced above $50 which have a strong negative trend and for which an upturn is probably not imminent.

Show stocks where close is above 50
and average volume(30) is above 250000 do not draw average volume(30)
and close is below MA(200)
and MA(10) is below MA(30)
and ADX(14,14) is above 20
and RSI(15) between 30 and 70

and draw MA(10)
and draw MA(30)
and draw ADX(14,14)
and draw RSI(15)

 

Scans for Pivot Points or for the TAZ - for finding stocks which you can use to buy call and put options.

In a Positive Trend - use these scans when planning to buy CALL OPTIONS
Enter the following scan, which shows stocks that are in a positive trend, and have oscillated down into the gap between the 10sma and 30ema (the TAZ). Confirm your setup using candlestick patterns:

Show stocks where close is above 10
and average volume(30) is above 250000 do not draw average volume(30)
and close is below MA(10)
and close is above MA(30)
and close is above MA(200)
and MA(10) is above MA(30)
and ADX(14,14) is above 20
and Show stocks where Fast Stochastic(3,1) Fast %K is below 20

and draw Fast Stochastic(3,1) Fast %K line at 20
and draw Fast Stochastic(3,1) Fast %K line at 80
and draw MA(10)
and draw MA(30)
and draw ADX(14,14)

 

In a Negative Trend - use these scans when planning to buy PUT OPTIONS
Enter the following scan, which shows stocks that are in a negative trend, and have oscillated UP into the gap between the 10sma and 30ema (the TAZ). Confirm your setup using candlestick patterns:

Show stocks where close is above 10
and average volume(30) is above 250000 do not draw average volume(30)
and close is above MA(10)
and close is below MA(30)
and close is below MA(200)
and MA(10) is below MA(30)
and ADX(14,14) is above 20
and Show stocks where Fast Stochastic(3,1) Fast %K is above 80

and draw Fast Stochastic(3,1) Fast %K line at 20
and draw Fast Stochastic(3,1) Fast %K line at 80
and draw MA(10)
and draw MA(30)
and draw ADX(14,14)

 

 

There you have it! Four scans that you can use in Stockfetcher. You will find some good trades here!

 

 

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