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Moving Average Break Swing Trading Screener

Writer's picture: Financial VinesFinancial Vines
The Moving Average Break Screener

Named "The Swing Master," this Screener is designed to help you spot lucrative swing trade setups by identifying stocks that break above their chosen moving average. It utilizes the Simple Moving Average (SMA) to scan for potential breakouts and unlock opportunities for profitable trades.


1. DAY OPEN is less than or equal to ANALYTIC Simple Moving Average (Daily, 50)

This parameter ensures that the day's opening price is below or equal to the 50-day Simple Moving Average. It sets the stage for potential breakouts by identifying stocks that have been trading below their moving average. It ensures that the stock has been trading below the moving average, indicating a potential downtrend or consolidation phase. This allows swing traders to identify stocks with room for upside potential once a breakout occurs.


LAST is greater than or equal to ANALYTIC Simple Moving Average (Daily, 50)

This parameter confirms that the last traded price is equal to or greater than the 50-day Simple Moving Average. It serves as a confirmation of upward momentum and indicates a potential breakout from the previous trading range. It confirms that the stock has successfully broken above the moving average, indicating a shift in market sentiment and potential upward momentum. It provides an entry point for swing traders to capture the emerging trend.


PREV DAY OPEN is less than or equal to ANALYTIC Simple Moving Average (Daily, 50)

This parameter compares the previous day's opening price to the 50-day Simple Moving Average. By considering the trend from the previous day, it further validates the potential breakout and provides additional confirmation for swing traders. It adds an extra layer of confirmation by comparing the previous day's opening price to the moving average. It helps filter out false breakouts and ensures that the upward momentum is sustained, reducing the risk of entering a trade prematurely.


By combining these three parameters, the Moving Average Break Screener empowers swing traders to identify stocks that have the potential for profitable swings and capitalize on emerging trends.



Summarizing it all, the Moving Average Break Screener, known as "The Swing Master," is a powerful tool for swing traders looking to identify potential breakout candidates. By utilizing the Simple Moving Average (SMA) and carefully selected parameters, this screener helps traders spot stocks that have broken above their chosen moving average. It provides confirmation of upward momentum, reduces the risk of false breakouts, and paves the way for profitable swing trades.


Disclaimer: The Moving Average Break Screener is a tool provided for informational purposes only. It should not be considered as financial or investment advice. Swing trading involves risks, and it is essential to conduct thorough research and analysis before making any trading decisions. The results obtained from the screener may vary, and past performance is not indicative of future results. Always exercise caution and consult with a qualified financial advisor before engaging in any trading activities.

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1 Comment


Abhishek Jain
Abhishek Jain
May 23, 2023

Good one 👍

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