Exacting Intraday Screener (Inspired By Andrew Aziz)

Are you looking to uncover potential winning stocks in the dynamic cash segment? Look no further! Andrew Aziz, a renowned expert in the field of stock trading, has developed an incredibly effective intraday screener to help you identify promising trading opportunities. Let's dive into the details of this powerful tool and understand why each parameter is essential for successful stock selection.

Introduction

In the fast-paced world of stock trading, having the right tools at your disposal can make all the difference. Andrew Aziz's intraday screener is specifically designed to filter stocks based on a set of key parameters, helping you identify stocks with significant potential. Let's explore these parameters and understand their importance in your trading journey.

Latest SMA (Simple Moving Average) (Close,20) > Latest SMA (Close,50)

The first parameter focuses on the relationship between the latest 20-day simple moving average (SMA) and the latest 50-day SMA. By comparing these two averages, the screener identifies stocks where the short-term trend (20-day SMA) is higher than the mid-term trend (50-day SMA). This condition suggests that the stock is experiencing positive momentum, making it an interesting candidate for further analysis.

Latest SMA (Close,50) > Latest SMA (Close,200)

Moving on to the second parameter, it examines the relationship between the latest 50-day SMA and the latest 200-day SMA. This condition allows the screener to identify stocks where the mid-term trend (50-day SMA) is higher than the long-term trend (200-day SMA). Such a scenario often indicates that the stock is in an uptrend, potentially offering profitable trading opportunities.

[0] 5-minute EMA (Exponential Moving Average) (Close,9) > [0] 5-minute SMA (Close,20)

Now, let's shift our focus to intraday trading with the third parameter. Here, the screener compares the 5-minute exponential moving average (EMA) over the close price for the last 9 periods with the 5-minute simple moving average (SMA) over the close price for the last 20 periods. This condition aims to identify stocks where the short-term EMA exhibits a higher value than the short-term SMA, indicating bullish price action and potential short-term momentum.

[0] 5-minute SMA (Close,20) > [0] 5-minute SMA (Close,50)

Continuing with intraday analysis, the fourth parameter compares the 5-minute SMA over the close price for the last 20 periods with the 5-minute SMA over the close price for the last 50 periods. This condition helps identify stocks where the short-term trend (20-day SMA) is higher than the mid-term trend (50-day SMA) in the intraday context. Such a setup suggests that the stock may have intraday upside potential.

[0] 5-minute SMA (Close,50) > [0] 5-minute SMA (Close,200)

Lastly, the fifth parameter examines the relationship between the 5-minute SMA over the close price for the last 50 periods and the 5-minute SMA over the close price for the last 200 periods. By checking if the short-term trend (50-day SMA) is higher than the long-term trend (200-day SMA) in the intraday context, this condition identifies stocks that exhibit strong intraday bullish tendencies.

Latest Volume > 100,000

The final parameter ensures that the stocks selected have a sufficient level of liquidity. It sets a minimum threshold of 100,000 shares for the latest trading volume. By including this criterion, the screener filters out stocks with low trading activity, which may be illiquid and challenging to enter or exit positions. Opting for stocks with higher trading volume enhances the potential for efficient trade execution and reduces the risk of slippage.

Conclusion

Andrew Aziz's intraday screener provides a comprehensive set of parameters to identify potentially lucrative trading opportunities in the cash segment. By analyzing various moving averages and trading volume, the screener helps traders uncover stocks with positive momentum, strong trends, and adequate liquidity.

Using this powerful tool, you can streamline your stock selection process and focus on stocks that meet the specific criteria for potential profitability. Remember to conduct further research and analysis on the shortlisted stocks to make informed trading decisions.

Empower your trading journey with Andrew Aziz's intraday screener and seize the opportunity to identify winning stocks that align with your trading strategies. Start using this remarkable tool today and unlock your potential for financial success!

Happy trading and may your investments flourish with fruitful returns! 📈💰

Disclaimer: The information provided in this post is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any securities. Trading in the stock market involves risks, and individuals should exercise caution and conduct thorough research before making any investment decisions. Financial Vines App and Andrew Aziz do not guarantee the accuracy, completeness, or reliability of the information presented. Users are solely responsible for their own trading decisions and should seek the advice of a qualified financial professional before making any investment.