The Technical Breakout Setups will filter for stocks with a good Technical Rating and a good Setup Rating, leading to a list of breakout setups in the best performing stocks in the market.
Some general pointers on trading, setups, position sizing and money management.
The analyzer module introduced
View the technical health and setup quality of any stock with these ChartMill ratings.
The Technical Breakout Setups screen finds consolidations in strong stocks in the market
In this article we will deal with the concept of 'volume' in trading and investing and the way this indicator can give important indications when making buying or selling decisions.
WHY TREND FOLLOWING? Typical trend investors have only three consecutive goals in mind: 1. Identify new potential long-term trends 2. Stay invested in clear strong trends as long as possible 3. Close positions as quickly as possible when it is clear that the trend has ended. Thus, the purpose of a Trend Following Swing Trading Strategy is not to predict tops or bottoms. The typical trend trader will try to identify the main trend before taking a position and then open a position in the direction of that prevailing trend in order to maximize potential profits. In this video we take a look at some trend following entry techniques.
The Technical Rating should be at least 7 in order to assure we are looking at solid technical stocks
The Setup Quality should be at least 7 to select stocks which show a decent technical setup pattern.
Default chart settings
Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.