Trading Strategies — s.c.a.n.

Another Wyckoff candidate

markd — Thu, 25 Sep 2025 20:00:55 +0000

Some action in the lithium space recently. Lithium America was the big one, but there are others worth a look. Here's one that shows dramatic accumulation without price rise, a hallmark of Wyckoff situations. note: although there appears to be "streak up" in July, the bottom fishing scan in a previous post ( "A scan to spot strong buyer interest near 52 week lows" ) doesn't pick it up because it contains a couple of equal closes that interrupt the streak. Unfortunate.

Wyckoff in the news

markd — Thu, 21 Aug 2025 22:30:43 +0000

This story was in the news lately (Nasdaq MarketBeat) : " The long-running mystery around Warren Buffett’s latest stealth investment is finally over. In Berkshire Hathaway’s (NYSE: BRK.B) newest 13F filing, the Oracle of Omaha revealed a fresh stake in UnitedHealth Group Incorporated (NYSE: UNH). Berkshire ended Q2 holding five million shares, valued at about $1.6 billion, a position it likely began building quietly in the prior quarter after requesting permission from regulators to accumulate shares without triggering a rush of buying....David Tepper picked up 2.27 million shares, while Renaissance Technologies added 1.35 million shares... " Here's a chart of UNH showing its (simplified) Wyckoff characteristics: The essence of Wyckoff is that knowledgeable big money accumulates a big stake in a sold out but promising stock without raising the price too much. They first let the stock come to them from discouraged late sellers. Then they begin to actively buy, raising the price as little as possible. If they attract a following, they discourage it by strategically shorting what they have bought until the short term oriented outsiders get discouraged and leave. Once they have their stake, and the followers are gone, they begin the mark up by advertising the stock with a few days of buying, which with no more sellers after the followers are gone, runs up easily. Then the good news comes along ( in this case, its just that Buffet bought) and the stock is on its way. You don't really need to know all the technical aspects of the Wyckoff method. The essence shows up in the Force indicator moving mostly up faster while price is flat or down more than Force. It works best when price hangs out in a range above its most recent low, while Force rises. Then things go quiet, or the price low gets tested, and then price breaks out. Not every operation works. Even the smart money can be wrong. p.s. UNH seems to be progressing in the mark up stage after a period of consolidation following the last post.

SAR Scalping

JJJJ — Mon, 26 May 2025 14:33:35 +0000

I understand that the S.A.R. Technique is most effective with trending markets. What is the best way to determine trending status..ADX, SMA etc. on a 5-minute time frame? Also, if I am trading the 5-minute time frame with SAR, do I determine the trending status of a stock using the 5-minute time frame or should I use another time frame?

SAR

JJJJ — Tue, 06 May 2025 18:21:05 +0000

Can I set an alarm for SAR to trigger when it goes from buy to sell or vise versa? And if so, can it be done in lower time (id 5-15-30 minute) ?

Data Adjustment For Backtesting

User12345 — Tue, 07 May 2024 12:09:15 +0000

Hello everyone, I'd like to ask you for clarification regarding StockCharts adjusted data; I have performed backtests on a number of data (including stock price, stop, target, high/low) and have realized that this adjustment is made automatically when a chart is opened. I'm surprised that this adjustment is automatic and I have the impression that this has misled the results, especially as some of the backtested data goes back several decades. Do you think I should use the unadjusted data for backtesting and redo, or does it make no difference? Thank you very much for your answers, Have a nice day!

Anyone used the Greeks in connection with Options ?

chartgues — Sun, 24 Mar 2024 21:12:20 +0000

I know what they are, how do you use ?????

RRG - What order types are used for pair trades?

HoneyPot — Mon, 13 Jan 2020 19:53:08 +0000

@Julius_RRG Hello Julius, Thanks for your Sector Spotlight series. I am very interested in the segment on Pair Trades and appreciate the Jan 13 blog article "From a Trading Idea to a Position" explaining the creative process. A question to better understand the success of the pair trades. What kinds of orders do you use? Please feel free to cover the spectrum of Stop Limit, OTA, Buy to cover, etc. to understand the entries and exits, from profit and risk management perspectives. I use a simulator to practice, test and improve before deploying capital. Thank you.

Julius de Kempenaer Sector Spotlight: US Stocks Once Again Lead the World

CarneAsada — Fri, 26 Jan 2024 13:12:21 +0000

@Julius_RRG - GREAT telecast. Loved the review on the international indexes. https://www.youtube.com/watch?v=10FccrgDqiU

Recomendación

Adrian16 — Wed, 13 Sep 2023 12:01:56 +0000

Hola, soy un nuevo usuario, me gustaría recibir sus consejos acerca de como configurar un gráfico con una estrategia rentable de scalping para forex y recibir sus consejos de que fue lo que los ha hecho rentables, por favor 🙏

round lots, less than 100 shares, and chart prices

JHuber8383 — Tue, 25 Nov 2014 13:43:54 +0000

I recently had a stop loss order for $80 on a trade of less than 100 shares. I was stopped out at a price of $79.25. The low that day on stockcharts.com charts was $79.50. I called my broker (Fidelity) for an explanation and was told that the high-low prices one sees on a chart are only for round lots ( 100 shares or more). Is this correct? If so, how do you avoid getting a lower price when you have a stop loss order in for less than 100 shares on a trade.

SWING TRADING

yonts — Tue, 25 Jul 2023 22:03:38 +0000

Hello everyone, I have a few questions about swing trading: 1. What is considered a good return (monthly) on the trading capital in swing trading? 2. What is the sum of an effective swing trading account? 3. What is a typical swing trading routine? making scans and entering trades daily or once a week? 4. What to do after a reversal in an up-trending market when the market enters a correction (pullback)? Do you wait for that second reversal to go long again or enter a short trade in a stock that is in a downtrend (despite the market being in an uptrend)? Thank you very much, John

DayTrading with Options

DrDave — Wed, 02 Dec 2020 13:57:25 +0000

Id like to start DayTrading(with options). Does anyone have suggestions how to start using the Technical Scan Workbench to find candidates?

Percentage Above The EMA ?

SCAlchemist — Mon, 12 Jun 2023 15:20:56 +0000

Hi; How you calculate the the percentage that an individual stock is above an EMA? For example, maybe you want to sell a stock when it gets 10 % above the EMA ( 50 ). When a stock goes parabolic, how do you know what percentage it is above a chosen EMA?

Elder Triple Screen

Teknical — Thu, 25 May 2023 12:19:19 +0000

Requesting to share scan based on Elder's Triple Screen setup

VWAP

JJJJ — Tue, 23 May 2023 12:56:13 +0000

If I am going to do some day trading using the VWAP, set at anywhere from 5-15 minutes, should I wait for a period of time after startup, to let the VWAP develop before entering a trade? I am using the standard VWAP, not the anchored VWAP.

Swing Trading

JJJJ — Thu, 11 May 2023 13:59:41 +0000

I am a swing trader holding from a few days to a couple of weeks. I always struggle when a strong stock has headed down and I am waiting to get back in when it starts to come back. I watch the indicators and try to pick the best time frame to get back in. Is there a time frame that generally gives the best chance of getting back in? Is it 15 min-30 min-60 min-2 hr.-daily etc.

Optimum amount of stocks for parttime trader. I have 34 stocks and etfs going but find it hard

ricbor — Fri, 17 Mar 2023 12:05:00 +0000

My thoughts are that 15 or so would be appropriate. But no less?

Wyckoff Charts

LiveForCharts — Mon, 15 Jun 2015 18:06:36 +0000

Does anyone have any scans for the Wykcoff Method?

Charts in…

4Quatres — Thu, 02 Jun 2022 02:14:59 +0000

His this possible to put chats scale in pourcentage?

Marking on the Chart

smirnoff — Thu, 21 Apr 2022 18:16:02 +0000

I looked around the site and couldn't find anything on this. Is there away to have a chart automatically show when the price hit a whole number (51,52 etc) with dots or something? So if for example I pull up a daily chart there would be dots where the price hit a whole number. Thanks.

Setting Stop Price

JJJJ — Tue, 08 Feb 2022 19:11:20 +0000

My trading paln is buying many different stocks, but a smaller number of shares of each. With a lot of stocks, setting and following the stop settings can be very tedious. I am struggling to see which of the following stop strategies would work best in my case : 1} SMA 2) Support levels 3) SAR stops 4) Chandler stops 5) Trailing stops Would like your thoughts on pros and cons of these. Thanks

how to scan for heikin-ashe chart patterns using 2 EMA AND 6 EMA

shags1946 — Fri, 16 Jul 2021 21:41:34 +0000

HIEKIN-ASHE CHART SCANS

why no fundamental analysis rank available in Stockcharts.com for trading purposes?

JHuber8383 — Sun, 17 Sep 2017 11:39:49 +0000

When I run my momentum scans for stocks they generated stocks with great looking charts, high SCTR, high relative strength etc. However I have started to check the scan results against the Fidelity Stock Screener equity summary score from Thompson Reuters Starmine which gives an aggregate fundamental analysis rating of bullish, neutral, or bearish based on the sum of opinions of about 10 analyst firms rating on a stock. Interestingly enough a significant number of the stocks generated by my momentum scans have bearish Starmine ratings. This brings up the question of when you are trading is it sufficient to only rely on technical analysis scans for generating trades. Why ignore the other half of the equation- fundamental analysis? I now check every trade of any type(momentum,pullback,breakout,etc) that my scans generate against the Thompson Reuters Starmine rating and only invest in stocks with a bullish or neutral rating and discard those with bearish ratings. I just don't feel comfortable investing in a stock with a bearish rating even though the charts and technical indicators look great. Stockcharts.com as far as I can tell offers no ability to check out the ranking of a stock based on fundamental analysis. It would seem to me that as Gatis Roze says " you want the wind at your back when you are trading- strong sector,strong industry, strong stock" that you would also want to include "strong fundamentals". Is this a deficiency in the entire Stockcharts.com methodology? I would estimate that most of the subscribers to Stockcharts.com are involved in trading and the Stockcharts advanced scan engine is a wonderful tool. But why not make it even better by adding some sort of fundamental analysis ranking ability to it? The only reason I can see for not doing this is if the people who run Stockcharts think fundamental analysis is completely worthless and the charts tell you everything. Is that the case? Is fundamental analysis completely worthless? I have felt more secure in my trading now that I am using the Starmine fundamental analysis rankings to my trading criteria. I am interested in what other members of the stockcharts.com community think about this subject.

Trade Strategies listing

lmkwin — Sun, 20 Dec 2020 03:11:06 +0000

StockCharts has all sorts of resources within the ChartSchools. The link is to Trading Strategies and Models. There's nothing like the Dynamic CSS Patterns on Point and Figure Charts in there, but still worthy to see how some people suggest using indicators and price charts in real life. https://school.stockcharts.com/doku.php?id=trading_strategies

PnF Scenarios

clarkj — Mon, 24 May 2021 01:52:56 +0000

I have been doing PnF charting for about 12 years now. I have certain strategies that I have developed over the years and I am always looking for ways to improve. Books and additional online information are always giving me different advice on how to invest. I would like to post several PnF scenarios giving you my ideas for discussion. Any thoughts or opinions would be greatly appreciated. On this first scenario (0010 ERO.TO) I would have bought half the position on the TripleTop Breakout at 26.00 and place a sell stop order at the Double Bottom Sell at 21.00. As @lmkwin has suggested, I would fill the position on a confirmed pullback (reversal to O and back to X) on the smaller scale using the 3%x2 Close Only as the final decision maker on a buy.

Trading Rules

71Warhawk — Mon, 26 Feb 2018 20:02:30 +0000

Do any of you guys use "trading rules" as some authors of technical trading suggest? If so would you mind sharing a summary or your thoughts without giving up the recipe to your secret recipe? Thanks, Gary Bird

Ichimoku Scan

Gobrecht — Wed, 05 May 2021 16:56:18 +0000

Newb here.. I am trying to scan for stock price three bars above Ichimoku Cloud. Separate scan for one bar below the cloud. Thanks,

Streaks

Scalper — Tue, 02 Mar 2021 17:32:17 +0000

How do I add the following criteria? Stock has closed higher in each of the last 5 sessions? and [streak up (close) = 5] Is that correct? Also, how do I add a criteria that says: Stock closed at a 10-Day Low in Price and [low = min(10, low)] Is that correct?

MA Cross

Scalper — Tue, 02 Mar 2021 17:38:55 +0000

Is there a way to look for stocks with a cross of the 22-Week SMA and the 55-Week SMA during today's trading session only? Both a break above and a break below

Price Up Last Two Days

Scalper — Tue, 23 Feb 2021 21:39:35 +0000

What would be the code criteria for: the last two days were up (higher closes)?