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Additional Searches and Strategies*
*
Click Here to
read use Disclaimer
These examples assume that
you have experience using the SortWizard. If you are a new
SortWizard user, we suggest you go to the
Learning
Center
first and work through the tutorials for
more detailed examples.
The search criterion and strategies have been submitted by traders who have been successfully using the SortWizard. We
would like to thank them all for sharing their ideas with us.
For the searches that have
STK files available for downloading, make sure you save the STK file into
the SortWizard folder. If you let the SortWizard install itself
without modifications, the default folder is c:\program files\neo inc\sortwizard.
Using Time elements
Using the Tony Oz Scanner with the
SortWizard
Pre and Post market gap scans
Trading a
pullback
Find stocks trading at whole numbers and .5
Pivot Line, R1, R2, S1 and S2
Moving Average Crossovers
Candlestick Patterns
Tony Oz generic sample scan
Jeff Cooper
Hit and Run Trading I sample
Stocks
breaking out of an interday channel
Descending Triangle
Searches for
finding stocks with upside potential
Bottomfishing search
Search for finding stocks with morning gap up
potential
NYSE 97pc and NAS 92 pct on high volume
Wild10s
Search for finding a Doji candlestick pattern:
Stocks
with large trading day range
High Break-out
Active Highs
Turnaround
Early Bird
Pre-lunch basket of movers to hold until the close
BasketUp5
BasketDown5
Uppity5s
10were20Lower30s
Bullish Harami
Pullback Reversal
20 or 5 MA cross through yesterday's
long bar day
20 or 5 MA cross through the
current long bar day
Trading Setups.
Check out
26 setups and 12 scenarios a successful trader (Walter) scanned for using the SortWizard.
Using Time elements.
For example you would like to use the High Time or
Low Time fields to set criteria for the time or the the High or Low.
Let's assume you would like to find
stock with the Low of the day prior to 9:40AM. In Add/Remove Fields you have to go
to the RT server (in Server field where it says SORTWIZARD now) and select
PRICES server, LIVEQUOTE table and STOCK_MM sub table. Move the Low
Time field over to the Selected Fields column. There are two ways to
do this:
Create a Limit: =HighTime < TIME(9,40,0)
or
Create a Formula: HTime = HighTime
9:40 in decimal form is 9.76; 9.67/24 = .4029
Set the HTime field in Primary criteria to <.4029
Using the
Tony Oz Scanner
with the SortWizard.
Learn how
to use RealTick symbols chains as the data source for you searches and
then add your own criteria and use other functions of the SortWizard.
Pre and Post market gap scans. These scan take advantage
of the time of trade data to filter out trades that do not apply to the
reference time period. We
suggest you run the scan with Auto Search mode activated and set to a 1 min
search interval. Click on the links below to download the files.
Pre-market
gap up scan (start this search after 8:00 EST and stop at 9:30 EST)
Pre-market
gap down scan (start this search after 8:00 EST and stop at 9:30 EST)
Post-market
gap up and down scan (start this search 5 minutes BEFORE 4:00 EST
closing)
Trading a pullback
based on Dave Landry's Trading Lesson of the Week primer
for the 2/02 OnlineTrading Expo.
"Trading
pullbacks--pauses or temporary reversals in ongoing trends--can be a
low-risk, high-profit-potential strategy if approached properly. Here, we
(Dave Landry) will discuss how trends and pullbacks form, how to identify
good pullback candidates, and how to execute trades on these patterns. For
simplicity, we will frame our discussion in terms of uptrends, but the
concepts are equally applicable to downtrending markets."
Click
here to
read the details as to how use this strategy.
Click
here
to
order Dave Landry's books.
The setup makes the
assumption that the "above the market" entry point is $0.25
above the previous day's high. The differential between the desired
entry point and current trading price is displayed in the "Entry
Diff" column. The entry point differential can be changed to
your specific entry point target by editing the the "EntryDiff"
formula.
In keeping with the write
up, the protective stop should be set at: "below the lowest bar of
the pullback" Therefore, the protective stop differential
"Pro Stop Diff" is set at the low of the previous day.
That column displays the difference between the current trading price and
the previous day's low. The protective stop differential can be changed to
your specific stop criteria by editing the the "ProStopDiff"
formula.
Click
here to
download the DL_Pullback Reversal STK file.
Find stocks trading
at whole numbers and .5 for all the symbol results of a scan.
With
the SortWizard Plus you can easily set up this scan.
This search creates a real-time
intraday updating list of symbols that are between -.1 and .1 of the whole
number or .5. The use of the ISNEW function brings the new entrants
to the top of the list so they can be isolated easily. The scan uses a
single combined OR and AND limit statement and the FRAC function to do all
the work.
Download
the sample and look in the Limits tab of the Search Parameter Setup
window to see how the OR/AND statement was set up. You can edit the
statement to tighten it up by replacing -.1 and .1 with -.05 and .05 or
-.02 and .02.
Determine the Pivot
Line, R1, R2, S1 and S2 for all the symbol results of a scan.
With
the SortWizard Plus you can easily set up this scan.
This search creates the
pivot line and and associated pivots for the previous day. The pivot
line and points could be determined on a intraday basis by using the
intraday data fields.
The pivot formulas used are as
follows:
Pivot Line = (Hist Close + Hist High + Hist Low)/3
Pivot High1 = R1 = (2 * Pivot Line) - Hist Low
Pivot Low1= S1 = (2 * Pivot Line) - Hist High
Pivot High2 = R2 = Pivot Line - Hist Low + Hist High
Pivot Low2 = S2 = Pivot Line + Hist Low - Hist High
Download
the sample and look in the Formula tab of the Search Parameter Setup
window to see how each of the formulas were created. You will find
the formulas as named above at the top of the Selected Fields column to
the right. Just click on a formula and you will see the expression
used for that formula in the formula bar at the bottom of the window after
the f(x)=. This will provide you the capability to modify the
formula if you chose.
You can also select the the pre- calculated
Pivot Points from the TODAY table in Add/Remove fields if you chose not to
modify the formulas.
Review for a number
of Moving Average Crossovers in a single scan.
With
the SortWizard Plus you can easily set up this scan.
This is
one way you can do it. Open the default
template. In Search Parameters Setup, click on the Add/Remove Fields
tab. Select the SORTWIZARD server and TODAY table. In the
TODAY table you will find the list of Moving Averages (Mov Avg 5 and etc.).
Click on the Formulas tab
in the Search Parameters Setup. Click on the New Formula button to
create a formula with the FID named: "MA5vs10Cross". Create the
formula =MA_5/MA_10-1.
What this formula will do is return a "0" is the two MAs are
crossing, a "+" value when the MA5 is over the MA10 and a
"-" value when the MA5 is below the MA10.
Repeat the formula creation
process for all the other MAs as follows:
MA10vs20Cross (=MA_10/MA_20-1), MA20vs40Cross
(=MA_20/MA_40-1),
MA20vs50Cross (=MA_20/MA_50-1),
MA50vs100Cross (=MA_50/MA_100-1),
MA100vs200Cross (=MA_100/MA_200).
Click on the Formulas tab
in the Search Parameters Setup. Create a formula with the FID named:
"Max".
In the formula bar enter:
=.01 (1% above the
cross). Create another formula named "Min".
Enter: =-.01 (1% below
the cross). Using this method you can easily change the
percentages for all the MAs used in the formula below by changing only
those two numbers.
Click on the Limits
Tab. Here we are going to create a statement that will eliminate all
the symbols that do not have a cross that is + or - 1% for the
absolute intersection. To do that we create a conditional statement that
is made up of a combination of an "OR" and multiple
"AND" statements. Click on the New Limit button to create
the Limit. Enter this statement (must all be in the same limit
formula line):
=OR(AND(MA5vs10Cross>=Min,MA5vs10Cross<=Max),
AND(MA10vs20Cross>=Min,MA10vs20Cross<=Max),
AND(MA20vs40Cross>=Min,MA20vs40Cross<=Max),
AND(MA20vs50Cross>=Min,MA20vs50Cross<=Max),
AND(MA50vs100Cross>=Min,MA50vs100Cross<=Max),
AND(MA100vs200Cross>=Min,MA100vs200Cross<=Max))
Under Limits we want to add
a volume ratchet to eliminate stocks that are not liquid (trading on a
pace less than 400,000 shares during the trading day). To do that create
new limit and enter this formula:
=ACVOL_1>6050+(MKTOPENRATIO()*396050)
In Primary Criteria tab,
add in Net Chg and Chg Open criteria of Outside .1 and -.1
to
eliminate stocks that haven't moved during the day.
Run the search. Now
you can toggle between the different MA columns by double clicking on the
column headings of each to see all symbols that are at MA crossovers
(0.00). You can also go to the Column Display Setup tab to
change
the MA fields to display in colors (AutoColor) and change the precision to
eliminate extra zeros in the a MA columns.
Then you will get green results for + values and red for - values.
Click
here to download the MA Crossovers STK file.
A fast way to look
at many Candlestick Patterns in a single scan.
The SortWizard Plus
has some great candlestick setups already
programmed into its database. Here is how how you can work them all
at once. Open the default template. In Search Parameters
Setup, click on the Add/Remove Fields tab. Select the SORTWIZARD
server and TODAY table. In the TODAY table you will find the list of
Candlestick Patterns. Add all those fields to the scan.
All the candlestick
patterns return results in the same way except the Doji. If the
conditions of the pattern are met, the result displayed will be "1" if
not, then a "0" is displayed. The trends used to determine the
difference between a Hammer and and Hangman are less that a week.
For longer term trends create moving average criteria in
"Limits" (some examples have already been created) like MA10>MA20 and
MA20>MA50 or High 5>High 30 and etc. A criteria for more
liquid stocks has also been added setting the Average 20 Day Volume >
250,000.
The Doji is a little
different because it can be used for multiple patterns. The result
displayed for a Doji is number between "1" and "0". In the case of the
Doji, a "1" is a perfect Doji, where the open = close. A "0" is a
Marubozu, where the open and close are at the high and low extremes of the
day. You use the "% Doji Range" (100% = at the high of the day, 0%=low) field to
determine the type of pattern you have.
Doji examples:
- A Spinning Top pattern
would have ".75" in the Doji column and 40 to 60% in the %Rng(day)
column.
- A perfect Dragonfly Doji
would have a "1" in the Doji column and 100% in the %Rng(day) column.
Once your scan has been
setup, run the search. All you need to do is "sort" one pattern
column at a time in descending order so the "1s" are at the top of the
list by double clicking on the column heading. Repeating that
process will display all the symbols at the top of the list that qualify
for the pattern selected.
The programming of the
patterns uses the most stringent textbook definitions to set the criteria
for qualification. Qualification under those criteria yields the
highest probability trade opportunities. Therefore, many fields
may return "0" or no results from day to day.
Click
here for a training seminar based on this search.
Click
here to download the Candlestick Patterns STK file.
If you want to look for candle patterns one
at a time without the real-time criteria, you can use this search. To
find the the pattern you want, select the pattern and set the criteria Equal
To = 1. You can see how that was done by looking the Search Criteria
Summary at the bottom of the Primary Criteria in Search Parameters Setup.
Click
here to download the Candlestick Patterns by type STK file.
A generic sample
real-time intraday file to create scans for Tony Oz's book
Stock
Trading Wizards
and
others.
This
intraday scan and
all the other scans in the book are easy scans to create with the SortWizard
Plus. The sample detailed below contains all the elements needed to
create the scans and includes the use of features exclusive to the SortWizard.
If you already own the book, this scan will the provide basics
from which all the others can be derived. You can order the book by
clicking the link above or on the banner in the menu frame to the left. The
generic sample is setup as follows
From the SORTWIZARD
Server's TODAY table add the fields: Avg Vol 20, Hist Close and RSI
14
Open the Default scan from
"Template Files" then under the Primary Criteria tab in Search
Parameters Setup set Last Price, Net Chg, Chg Open, %Rng(day), Exch
Name, Avg Vol 20 and RSI as shown below (Search Criteria Summary window):
(DISP_NAME='ALL'), (TRDPRC_1 Between(5,100)),
(NETCHNG_1>.5), (CHG_OPEN>.5), (PCT_RNG_DAY>85%),
(EXCH_NAME={'ASE','NAS','NYS'}), (AvgVol_20>260500),
(RSI_14<75)
Under the Limits Tab
in Search Parameters Setup create the following
4 limits using the Hist Close, Open, Avg Vol 20 and Tot Vol fields.
The MKTOPENRATIO() performs the "Q" function.
- =OPEN_PRC<=ClosePr+2 (use Open,
Hist Close fields)
- =OPEN_PRC<=ClosePr*1.04 (use
Open, Hist Close fields)
- =ACVOL_1>AvgVol_20*MKTOPENRATIO()*1.5
(use Tot Vol, Avg Vol 20 fields)
- =ACVOL_1>10000+(MKTOPENRATIO()*240000)
(use Tot Vol field)
Note in the sample there is a great
function shown in the 4th column of the display of results titled "NS".
This is the New Stock column. It will return a "1" when a new
qualifying stock arrives in the scan. If you set the Primary Sort of
that column to Descending (right click on the NS column heading to set it)
then all the new arrivals will be displayed at the top of the results
list. Check out the formula named "New Stock" to see how it is
created.
Check out Tutorials # 5 and
#6 in the Learning Center for more tips in the use of the SortWizard
Plus.
Sample
STK
File
A promotional sample
real-time intraday file from Jeff Cooper's book
Hit
and Run Trading I
.
All the strategies outlined in
the book can be created with the SortWizard
Plus. You can order the book at a discount by clicking on the link
above.
Click
here to learn more about and purchase
the SortWizard add-on modules containing all the scans from this
and other books Jeff Cooper has written.
Click here to download Hit and Run I "180 Long"
STK file.
Click here to download Hit and Run I
"180 Short"
STK file.
The strategies work as
follows:
For Longs:
- Two days prior to the
current trading day the stock must close in the bottom 25% of its
daily range. One day prior the stock must close in the top 25%
of its range. (note
how this is set up under the Limits tab in Search Parameters Setup)
- The stock's price must
close greater than both the 10 and 50 day moving averages the day
prior. (note
how this is set up under the Limits tab in Search Parameters Setup)
- In the current trading
day buy at .125 above the prior day's high.
(note
"Entry Point" column)
- Set a protective stop at
one (1) point under the prior day's high.
(note
"Pro Stop" column)
For Shorts:
- Two days prior to the
current trading day the stock must close in the top 25% of its daily
range. One day prior the stock must close in the bottom 25% of
its range. (note
how this is set up under the Limits tab in Search Parameters Setup)
- The stock's price must
close under both the 10 and 50 day moving averages the day
prior. (note
how this is set up under the Limits tab in Search Parameters Setup)
- In the current trading
day sell short at .125 under the prior day's low.
(note
"Entry Point" column)
- Set a protective stop at
one (1) point under the prior day's high.
(note
"Pro Stop" column)
A Plus version
search for finding stocks breaking out of an interday channel:
The
scan objective is to yield symbols that are just about to break out or
down from the 5 day channel. It uses the combination of a 10 and a 5
day channel compression in conjunction with on pace 10 day average volume
and a limit to trigger results that occur 0.1 above the 5 day low or 0.1
above the 5 day low. Use the New Symbol column to see the symbols
(displayed as a "1") that just entered the scan results.
There are a number of different channels and associated fields already written
into this scan so you can experiment
with your own alternatives. STK
File
A Descending Triangle is variant of a
channel. This scan uses
Limits to narrow down the triangle over a 20 day time line. The Days
in a Trend fields are used to determine how those stocks are trending with
respect to lower highs and higher lows looking to find those stocks at
the "point" of the triangle. Nice long and short moves generally
occur at the that inflection point.
STK
file
Searches for finding stocks with
upside potential:
Symbol=<ALL>l, Trd Price Between(6,10),
Vol>1000000, 52High>20, %Rng(day)>75, Exchange='NAS
STK File
Symbol=<ALL>, %Gap Between(0,10), Trd
Price Between(6,300), %NetChgPrev>10, Vol>100000, %Rng(day)>75, Exchange='NAS'
STK File
Symbol=<ALL>,Trd Price Between(6,300),
Vol>300000, Exchange='NAS', %Gap Between(0,10), % NetChgPrev Between(5,10),
%Rng(day)>85 STK
File
Bottomfishing search:
This search finds mid-priced stocks doing well today
that are well off their 52week highs.
Symbol=<ALL>,Trd Price Between(6,50),
Vol>300000, Exchange='NAS', %Gap>0,% NetChgPrev>5, %Rng(52wk)<20,
%Rng(day)>80 STK
File
Search for finding stocks with
morning gap up potential:
Start
running the clear and search after about 3:30 - 3:40 EST. Sort % Rng (day)
descending.
Symbol=<ALL>,Trd
Price Between(10,100), Vol>605000, Exchange='NAS', %Rng(day)>95
STK File
NYSE97pct and NAS 92pct
on high volume (Plus): This search shows the use of an IF and OR
statement in the Limits.and finds high volume marginable NYSE and
NAS stocks that are trading near the top of the day's range but with
difference range criteria for each exchange. "Symbol=<ALL>,Trd Price
Between(6,100), Vol>500000, Exchange='NYS', AvgVol>150000"
STK File
Wild10s (Plus):
This
search finds stocks under $10 that are up strongly today with minimum
volume ratchet in Limits at 50% of Av Vol 20. "Symbol=<ALL>,Trd Price Between(1,10),
PaceAvVol20>1.5,
Exchange='NAS', % PctNetChgHigh>10%"
STK File
Search for a 20 MA cross through a
long bar day (Plus): Find long and short candidates on a
reversal of the 20 MA trend line. Use IF statement based formulas
and Limits to screen for a the 20MA cross through the previous day range
that is 2x the average and is now trading below or above the 20 MA with
1.5x higher than average volume.
STK file
Search for finding a Doji
candlestick pattern:
Run
the clear and search throughout the day. Toggle the % Rng (day) sort in ascending
and descending order to search for short and long candidates. You could add a volume
crieria if you like as well.
Symbol=<ALL>,Trd PriceBetween(10,100),
Exchange='NAS', Rng(day)>2,Chg Open Between(1/8,-1/8)
STK
File
Search for finding stocks with huge
trading day range for intraday scalps:
Symbol=<ALL>,Trd Price Between(40,70),
Exchange='NAS' Rng(day)>6
STK File
High Break-out: Catches stocks trading near their 52 week
high that are ready to break out.
Symbol=<ALL>,
Trd Price Between(5,25), Vol>100000, Bid>0, Exchange=<ALL>, <Auto Clear
Search every 3 Min>, %Rng(day)>85, %Rng(52wk)>95
STK File
Search for Active Highs:
Symbol=<ALL>, Vol>1000000, Trd
Price Between(5,30), #Trds>100, Bid>0, Exchange='NAS', RngD>1, %RngD>95
STK File
Turnaround
EarlyBird:
Symbol=<ALL>,Vol>20000, Trd Price Between(.05,2.5),
#Trds>20, Bid>0, Exchange=<ALL>, RngD>.05, %RngD>100, %Chg Open>1, %
NetChgPrev>1,Spread<.13
STK file
Pre-lunch search
for a basket of movers to hold until the close: Run
the SW at 11:30-12:00 EST or before. This should yield about 5 to 10 stocks up more than
$5 on the day with more than 1 million shares traded. You can also use the same STK but
with Net Chg Prev set to -5 and compare the results of the two to judge the market
direction. Purchase stocks SW identified. Start selling stocks about 15:45 to allow enough
time to close out all the positions before the close.
Symbol=<ALL>, Trd Price
Between(50,200), Net Chg Prev>5, Bid>0, Vol>1000000, Exchange='NAS STK File
Symbol=<ALL>, Vol>20000, Trd
Price Between(3,25), Exchange='NAS', Chg Open>.125, %Rng(day)>50
STK File
BasketUp3
This
search finds a basket of stocks up 3
points. Strategy calls for buying 100 shares of each
at noon EST and selling EoD. Optional: Short QQQ in equal dollar amount to reduce overall
market risk exposure. Use BasketUp or BasketDown depending on which gives more issues.
"Symbol=<ALL>, Trd Price
Between(5,200), Vol>1000000, Net Chg Prev>5, Exchange='NAS' STK
File
BasketDown3 This
search finds a basket of stocks down 3
points. Strategy calls for shorting 100 shares of
each at noon EST and buying back EoD. Optional: Buy QQQ in equal dollar amount to reduce
overall market risk exposure. Use BasketUp or BasketDown depending on which gives more
issues. "Symbol=<ALL>, Trd
Price Between(5,200), Vol>1000000, Net Chg Prev<-5, Bid>0,
Exchange='NAS' STK
File
Uppity5s
This
search finds stocks under $5 that are at the top of their range today and relative to last
52wks. "Symbol='<ALL>,Trd
Price Between(0,5), Vol>100000,Exchange='NAS'
%Rng(52wk)>90,%Rng(day)>90" STK
File
10were20
This
search finds marginable stocks under $10 that were 20 or more in last 52 weeks, and may be
turning around for recovery.
"Symbol=<ALL>,Trd Price Between(6,10), Vol>1000000, 52High>20,Exchange='NAS'
%,Rng(day)>75" STK
File
Lower30s This
search finds stocks that may be suitable for shorting, as they are in low range for day,
with large point range and down from close and open. "Symbol=<ALL>,Trd Price
Between(0,200),Vol>10000,Exchange='NYS',Net Chg Prev<0,Chg
Open<0,%Rng(day)<30,Rng(day)>3" STK
File
Bullish Harami Pullback
Reversal This search looks for stocks fitting this specific reversal
pattern. Entry into this position is a matter of personal preference and
risk tolerance but generally above the close or the high of the short bar up
day.
STK
File
20 or 5 MA cross through yesterday's long bar day For position
traders the search signals a potential longer term turnaround. Based on a
long bar previous day, ideally with the 5 and the 20 MA crossing the same bar
near one another for the earliest entry on the reversal. Entry is usually
with confirmation of the trend. It is riskier on the following day as it
may reverse the trend initially due to profit taking on the large range of
the previous day.
STK File
20 or 5 MA cross through the
current long bar day For swing traders the search signals a potential
long term turnaround. Based on the long bar of the current day, with the 5
and the 20 MA crossing the same bar near one another signals a potential gap
opportunity the following day. Otherwise, the search can be used to look
for intraday short term trading opportunities. Note the New Entry Time (NETime)
field; click on the cell for the symbol you want ot look and then click on the
down arrow. A list of times at which the symbol qualiifed will be
displayed.
STK File
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