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| Discuss Stock Screeners at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi All, I was wondering how people scan 5000 odd stocks every week or day ... |
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#1
14th November 2004, 11:39 AM
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Stock Screeners
Hi All,
I was wondering how people scan 5000 odd stocks every week or day to come up with those which show 'mementum', starting an 'uptrend' ( all Latin to me !) etc., etc., Then I came to know by reading some articles that there are some software which automatically screen all these in no time and come up with a shortlist. Guys, can anyone please enlighten me on this: Is it true that such possibility exists ? What could be the software ? Can some one with no knowledge on TA ( like me ) learn to use them or one should be an advanced analyst with MTech from IIT  to be able to use it ?Thanks in advance for your time. Regards 
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#2
15th November 2004, 04:05 AM
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Re: Stock Screeners
many of the sites are user friendly. they provide so much information all gathered and ready made. and many of them are instantaneous. but inspite of all these one has to venture to look into those areas.
many of the english financial dailies give exhaustive analysis of the stock market. you can browse extensively the following sites. www.********* www.capitalmarket.com www.tradersedgeindia.com www.equitymaster.com www.icicidirect.com www.moneycontrol.com www.nseindia.com www.bseindia.com 
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#3
15th November 2004, 04:40 AM
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Re: Stock Screeners
Hi,
Stpmds, Thanks for the reply. But I was referring to software which can be used to screen the scrips based on certain criteria which can be set. Thanks anyway. Can any body answer my questions in the original posting. I am sorry if I was not clear in my message. I meant automated software based screeners : both technicals based and fundamentals based. Thanks guys
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#4
16th November 2004, 01:15 AM
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Re: Stock Screeners
Hi investock
All softwares can do that what u r referring to.Metastock has explorer,tradestaion has radarscreen etc.U would need to know to put in the right parameters to scan ur conditions based on TA.Also u can scan them in real time if u have a real time feed. Its basically same as scanning stocks manually but more precise and fast Amibroker has a plugin called Powerscan where u can code scanning parameters without any need to code manually.Also wealth lab can scan intraday with feed from quotetracker.It takes less than a minute to scan 100s of stocks. CV 
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