• Skip to primary navigation
  • Skip to main content
  • Skip to footer

866-878-9209

support@topdogtrading.com

  • Facebook
  • Twitter
  • YouTube
Top Dog Trading

Top Dog Trading

Learn Day Trading and Forex Trading

  • HOME
  • ABOUT
    • TOP DOG TRADING REVIEWS
  • RESULTS
  • PRODUCTS
    • COURSES & SOFTWARE
    • FREE TRADE STRATEGY
    • SECRETS
    • BEST STUFF
  • BLOG
CONTACT US

How to Find and Scan for Stocks to Swing Trade

How to Find and Scan for Stocks to Swing Trade: How to find stocks to buy and short to swing trade and to invest in, by scanning for specific setups.

You are here: Home / Find and Scan for Stocks to Swing Trade / How to Find and Scan for Stocks to Swing Trade

April 16, 2020 by Barry Burns

How to Find and Scan for Stocks to Swing Trade: this post will show you how to find stocks to buy and short to swing trade and to invest in, by scanning for specific setups.

Was this video on How to Find and Scan for Stocks to Swing Trade helpful to you? Leave a message in the COMMENTS section at the bottom of this page. 

PLEASE “PAY IT FORWARD” BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.

How to Find and Scan for Stocks to Swing Trade

Hey my friend, welcome to this video on scanning for swing trades – how to find stocks to buy, short, trade and invest in, etc. So really, what this is is a product review and I’ve never done a product review before so here we go, my first attempt at a product review. This is a scanning program that I like a lot called stock fetcher as you can see in the top left corner of there. By the way, let me just say I have no affiliation with them financially or otherwise. I don’t even know who these people are, I have no affiliate links with them, so just want to make that clear up front. But I do use it and I do like it. I like it for its simplicity.

There are other great programs out there too – I’ve heard that stockcharts.com is good, FinBiz is good, I’ve heard several others, you may have a charting platform with your broker that provides scanning, that’s great! I’m not saying a particular one is the best, they all have pluses and minuses. This one’s very inexpensive; I know when I signed up, at least, it was under $10 a month depending on when you watch this video, you can check out the pricing since that can change over time. But I love the simplicity because I’m not a programmer and, a lot of times, with a lot of these very sophisticated and excellent scanning programs, it takes a little bit of programming or knowledge of writing scripts or things like that, and I have zero of that.

How to scan stocks for swing trading

So for me, this is perfect and also it’s cool because it already comes with a lot of pre-written scripts. One of the limitations, I’ll mention this, is this is only for stocks – that’s called stock fetcher, so it does not work for futures or Forex. Again, at least at the time of the recording, it’s only for US stocks. I don’t believe it covers stocks outside of the US market either. It also only works with daily and weekly charts. One of the cool things though so this is great for swing trading, and, because that’s how I swing trade, I day trade during the day and then I do swing trading during the after-hours. So if you got a job and you can only trade after work, do using daily and weekly charts is a great way to go.

So that’s how I trade setups on the daily, confirmation on the weekly and this will scan both the daily in the weekly for you. You can put parameters on both and the results are super fast; that’s another thing I love about this, the results come up and just pop up super fast. Let me show that I’m talking about here now that we’ve talked about it. So here are examples, alright? They got a whole bunch of examples here and, by the way, they’ve got tons of them. These come already with the program and then if you want more, they got a great forums a section here where people participate and people will post other formulas in there. So let’s just take one here, you might like to, as you can see here, gap up on volume.

How to swing trade stocks

Here’s how the script looks: so you can see, this is not any type of programming language, it just says show stocks when open is more than 5% above the close one day ago, volume is more than 100 percent above the average volume of a 30 days average volume one day ago, and then you can make what you want on that chart draw, the 50 ma and the 200 ma, alright? Then down here at the bottom, you can see all of the different choices that came up, the last price and the percent change volume, etc. You can make watch lists out of all this stuff. Anyway, the cool thing is that’s how simple it is to write the script so you can add to this, you can take this and then you can edit it.

Let’s say you want to add in there, and I only want to look at stocks that are between the price of $2 and $5 to feel all small trading account and you want to just trade inexpensive stocks, you can add that in too, and it will only show you the stocks that meet those criteria. Let’s say you want to look for contracting markets, you can save running filter. That’s how fast it is! So Bollinger Band contraction and then let’s just go down and look at this. See, a lot of these I wouldn’t even look at like the last price is 12 cents. I would add in to how the formula works here let’s see. They’re doing upper-lower Bollinger Band, value of 20. Again, if you want to set the average over a different period of time, you can do that.

Swing trading setups

But 20 is usually a good default where the Bollinger Band difference reached a new six month low, and the Bollinger Band difference has been decreasing for the last five days, and to draw the Bollinger Bands on the chart. I’ll show you in a minute it does give you charts as well and you can add by drawing on the chart, you can tell it what you want to be on that chart. So let’s take a look at some here. Let’s find one that has a decent price, I don’t trade the real cheap stuff. Here we go, NRG Energy, $30 so that’s something that I might consider. So there’s your chart, see again how fast it loads, I really love how fast that loads.

As you can see, it gives you a crosshair right away and, indeed, we’ve got a Bollinger Bands squeeze there and if I bring up my little drawing tool, hopefully this works, I mean look how narrow range the Bollinger Bands are there. If that’s what you’re looking for Bollinger Band squeeze, you got it right there. And it brings you up all those different candidates, I would always look at the chart, I would add more to it than that obviously, but I’m just showing you how you can bring this stuff up and the way they measure it, let’s bring this over here. Over here they’ve got Bollinger Band diff. and Bollinger Band diff. six month low, the blue and the red, and you can see that’s what they’re doing, that’s how they’re calculating at. You can also create your own filters of course.

How to scan for stocks

Here are some of my filters that I’ve created. For my students, you’ll recognize the stuff: Top Dog Long in an Uptrend, in a Downtrend, Rubberband Trades Long and Short, Symmetrical Triangle, all kinds of different stuff here. Sending Triangles, Contraction Patterns, here’s a relative strength just four ETFs, so if you want to just trade ETFs, you can make that qualification in there. By the way, here it shows you how many stocks are qualifying for it right away there. So a lot of them, you’ll see here, you don’t even need to click on them then. Some of these are experimental things that I’ve done. Here’s my momentum trades, by the way, yes, you can do candlestick patterns in here as well. You can put in pretty much, you know, ADX which you want.

Let me go back to the examples and I’ll show you a lot of the different types of things you can do. Not only indicators, highs, lows, gaps but also let’s see what else we got here, that’s still indicators. So there you go, there’s our candlestick patterns, dark cloud, Dojis, Evening stars, Gravestone dojis, inverted hammers, morning stars. Then you can do relative strength stuff so you’re looking for stocks that are outperforming or under-performing the S&P 500. That’s a good one. See, bullish kicker and bearish kicker, I did a video on that a while back on YouTube, there you go, if you’re interested in that; I love this pattern, by the way, myself and let’s just bring that up. So there’s the formula right there, I did a little bit more to it than that but it gets you started.

How to pick stocks for swing trading

And then you can click on edit here and you can go ahead and edit. Let me show how this works. This is cool. So if you are quite sure what to type in, you just go over here, and you got all this stuff that you can add on. You can add a filter and then you can just go right in over here and you don’t have to manually type it in. So let’s say I wanted to add in something; there’s so many of them, we’ll just do something here let’s say you wanted to end in like a momentum indicator above, you click on above, crossed below, you can do crosses or more than, so I’ll just do more than. Click Add, then you can type in whatever value you want there. So that’s how you can then customize even the stuff that they’ve done.

The volume spikes, a lot of people like those new 52-week high and lows, ruin oscillators I mean my gosh, right? Bollinger Bands stuff, it’s just crazy how many things they have out performing individual stocks or indexes and the list goes on and on, and that’s pretty cool. So let me also show you this so, actually we don’t go in there. They’ve got a user guide and all this great stuff here, too. Here’s all the indicators about they have, over 125 – plenty to choose from there and then you can also go down here and search by industries and sectors. Just a ton of stuff and, again, the so called programming language I imagine the actual programming language behind the language, but you don’t have to learn programming language, you can just type in, basically, English and that’s what I need, that’s what I like.

Wrapping up!

So, anyway, again, I have no financial interest in this whatsoever, but I do use it, I do like it, something to check out. If you liked the video, if you want me to do some more of this stuff, I can maybe show you some scans that I do if you’re interested in that, let me know what you’re interested in. If you liked the video, give it a thumbs up. Leave some comments below. Let me know what kind of things you’d like me to cover in the future if you liked it, encourages me so I keep creating more free tutorials for you. I am offering still my trading course where I give you one of my favorite trade setups, the Rubberband Trade and that actually can be programmed into stock fetcher, the RubberBand Trade both for longs and shorts.

In fact, I just went through it tonight when we had quite a few opportunities actually for it, a couple of them really good ones. But I take it with swing trading and day trading, the Rubberband Trade works on Forex, futures, stocks, ETFs, commodities. And whenever this sets up, I trade it all the time; day trading, I usually get at least one or two of them every single day and swing trading, if I get this on swing trading, I am in because that’s a very high win-loss ratio. Anyway, be happy to give you that trade setup for free with all the entries, exits, all the details. Just click on the link in the top right hand corner and I’ll email that information over to you right away.

GET MY FREE MARKET ENTRY TIMING INDICATOR

BTW, if you’re interested in the indicator that I use personally for very precise entries and exits, I’m happy to share that with you. Just send me an email at support@topdogtrading.com, and I’ll show you how to get access to that indicator.

What did you think of this tutorial on How to Find and Scan for Stocks to Swing Trade? Enter your answer in the COMMENTS section at the bottom of this page.

PLEASE PAY IT FORWARD BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.

FREE GIFT!

Also, I’m giving away one of my favorite How to Find and Scan for Stocks to Swing Trade strategies that work in trading the markets. Just fill out the yellow form at the top of the sidebar on the right. Once you do that, I’ll personally send you an email with the first video.

Those interested in How to Find and Scan for Stocks to Swing Trade video that works in today’s markets also showed an interest in this video:
https://www.topdogtrading.com/best-trading-indicators-day-swing-trading/

Subscribe to my YouTube Channel for notifications when my newest free videos are released by clicking here:
https://www.youtube.com/user/TopDogTrading?sub_confirmation=1

Find and Scan for Stocks to Swing Trade,  Stocks,  Swing Trading how to find stocks to buy,  how to find stocks to invest in,  how to find stocks to short,  how to find stocks to swing trade,  how to find stocks to trade,  scanning for stocks,  scanning for swing trades,  scans for swing trades

FREE TRADE STRATEGY!

You'll receive one of my favorite setups for E-mini trading, Forex day trading and stock market trading: "The Rubber Band Trade."You'll receive it on day 4 of my FREE 5-Day Video Mini-Course: "Make Money by Breaking Every DayTrading Rule You Ever Learned!"To get the setup for "The Rubber Band Trade," your subscription to my newsletter, special promotions from me and my valued trading associates, and the 5-Day Video Stock, Emini and Forex Training, simply fill out the form below.You'll instantly receive an email with the link to your first video lesson TODAY.

GET IT NOW

Footer

Top Dog Trading

866-878-9209

support@topdogtrading.com

15030 Ventura Blvd, #618
Sherman Oaks, CA 91403

Sitemap

  • Home
  • About
  • Best Stuff
  • BLOG
  • Contact Us

company

  • Terms of Service Page
  • Privacy Policy
  • Risk Disclosure
  • FREE SUBSCRIPTION
  • COURSE REVIEW

This site makes use of cookies which may contain tracking information about visitors. By continuing to browse this site you agree to our use of cookies. CLICK HERE to learn more. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

 

RISK DISCLOSURE

 

These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

 

IF YOU DO NOT AGREE WITH THE TERMS OF THIS DISCLAIMER, PLEASE EXIT THIS SITE IMMEDIATELY. PLEASE BE ADVISED THAT YOUR CONTINUED USE OF THIS SITE OR THE INFORMATION PROVIDED HEREIN SHALL INDICATE YOUR CONSENT AND AGREEMENT TO THESE TERMS.

 

The information contained on this site is for informational and educational purposes only. We are not registered as a securities broker-dealer or as investment advisers, either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Trading and investing involves substantial risk. Financial loss, even above the amount invested, is possible and common. Seek the services of a competent professional person before investing or trading with money.

 

Neither the information contained on this site, nor in any other place, is provided to any particular individual with a view toward their individual circumstances and nothing on this site should be construed as investment or trading advice. Each individual should assume that all information contained on this site is not trustworthy unless verified by their own independent research. There is a substantial risk for loss when trading securities as they are highly susceptible to the risks and uncertainties of certain economic conditions. For all these reasons and others, your use of the information provided on this site, or any other products or services, should be based upon your own due diligence and judgment of how best to use the information, and subsequently independently verified by a licensed broker, investment advisor or financial planner.

 

Any statements and/or examples of earnings or income, including hypothetical or simulated performance results, are solely for illustrative purposes and are not to be considered as average earnings. Prior successes and past performance with regards to earnings and income are not an indication of potential future success or performance. There can be no assurances of future success or performance and we will not be responsible for the success or failure of any individual or entity which implements information received from this site.

 

WE DO NOT IMPLY, PREDICT, OR GUARANTEE THAT YOU WILL BE SUCCESSFUL IN EARNING ANY MONEY WHATSOEVER. IF YOU RELY UPON ANY FIGURES OR INFORMATION ON THIS SITE, YOU MUST ACCEPT THE RISK OF SUBSTANTIAL TRADING LOSSES.

 

Past results of any individual trader are not indicative of future returns by that trader, and are not indicative of future returns which may be realized by you. Neither the author nor publisher assume responsibility or liability for your trading and investment results. This site and all information therein is provided for informational and educational purposes only and should not be construed as investment advice. The author and/or publisher may hold positions in the stocks, futures or industries discussed here. You should not rely solely on this Information in making any investment. You need to do your own independent research in order to allow you to form your own opinion regarding investments and trading strategies.

 

It should not be assumed that the information in this web site will result in you being a profitable trader or that it will not result in losses. Past results are not necessarily indicative of future results. You should never trade with money you cannot afford to lose.

 

The information in this site is for educational purposes only and in no way a solicitation of any order to buy or sell. The author and publisher assume no responsibility for your trading results. There is an extremely high risk in trading. This information is provided “AS IS,” without any implied or express warranty as to its performance or to the results that may be obtained by using the information. Factual statements in this site are made as of the date the information was created and are subject to change without notice.

 

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

 

  • Facebook
  • Twitter
  • YouTube

Copyright © 2022 Top Dog Trading. All rights reserved. Return to top