Chapter 10

Stock Scans with Six Important Indicators

First published: 02 January 2012

Summary

Instead of constantly looking at hundreds of charts, trying to find a grouping of three moving averages coming together, or an RSI TSV that's crossing up, or a moving average convergence/divergence (MACD) that recently had a change of character, the author sets out to solve this problem by putting together stock scans, which has become a trader's favourite thing to do in the stock market. Stock scans eliminate the tedium of analysing hundreds upon hundreds of individual stocks by helping the trader choose strong investments under predetermined market conditions it also enlists six important indicators that are utilized in the stock scan process.

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