Swing Trading Price Retracement Bollinger Bands Stock Screen

Swing Trading Price Retracement Bollinger Bands Image

(3)

This screen uses the Bollinger Bands indicator more specifically the lower bollinger band. To define the relationship between price and the lower bollinger band, two custom filter were used

Long

Momentum

Shared by user chartmill - 4 years ago

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Stock Screener Settings

Price: Above 3

stocks priced too low are sometimes too easy to manipulate

Exchange: US Only

personal preference

Price VS SMA: Price Above SMA(200)

long term trend positive

Average Volume: 50 SMA > 200K

to ensure that there is sufficient liquidity

(close>previousHigh)

second custom filter : current high is higher than the high of the previous candle (reversal bar after the first custom filter)

(previousClose<lowerBBand)

first custom filter : previous close must be lower than the lower bollinger band (extreme)

ETF: No ETFs

only stocks

RUN

Chart Settings

daily charts

Regional Run

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.