Na, just going through all 180 odd stocks in F&O.. and look for major volume with respect to candle with respect to S/R with respect to trend. Yea, it may seem like tough job, but since I got used to this, I just browse through all 180 stocks in like 15 mins on Amibroker starting ABRILANUVO Down arrow , CLICK CLICK CLICK and I arrive at judgement. Somehow one or two stocks are filtered.
Rules
1) Look the major trend UP, DOWN or RANGE
2) S/R positions - start the work by drawing the recent S/R on amibroker and save once, it will be enough to browse through and update whenever new forms.
3) While on trend - look for pullback trades
3.a) Pullback can be identified with candle patterns
3.b) Pullback can be price reaching previous S/R
3.c) Pullback can be high stopping volume
3.d) OPTIONAL - If u are a Bollinger band user, use (20,2.5) and on uptrend look for price breaching lower band, if in downtrend- look for price breaching upper band
4) While on ranging , look for candles & volumes on extreme ends along the S/R
5) Look into volume with respect to previous days, if u notice spikes, there is some activity
6) Look into candle patterns.
Now it may seem a lot, but if it happens to be a routine, its that simple. I can add more values if u need me to , one section at a time with pictures I can.