Screener allows to scan markets for profitable opportunities in real time. Using powerful features of our Formula Wizard you can specify any kind of criteria that screener will search for in the markets. The screener can be used to scan sectors/industries, symbol lists, etc. It will do a search based on those criteria at a specified interval and show only those symbols satisfying the condition.
To add a new screener select Screener --> "Add Screener" from Level I window, pick the set of symbols to screen and create the condition using Formula Wizard.
The snapshot below shows how to set up a screener on "All Nasdaq Stocks" Symbol List to find stocks with the price below Lower Bollinger Band (Length = 20, Std Dev = 2, Interval = Daily):
To edit the screener select Screener --> Edit Screener and Screener Settings screen will be displayed.
To change the frequency of screener updates select Edit --> Preferences and enter the desired frequency in Backups/Misc. tab of the screen.
To remove the screener select Screener --> Remove Screener.
TIP: If you plan on scanning a large symbol list in real-time (e.g. All NASDAQ stocks), you may want to first prescan that list by price range and average volume to narrow it down to a subset of symbols you are really interested in, and then run a real-time scan on that subset. For example, if you are looking for all NASDAQ stocks in $10-$20 price range, with average daily volume of at least 100K shares, and a Moving Average crossover on 2-minute charts, you would: