Trendspotter or Barchart

[TenCent 10]

hello community

 

I struggle to with a Tool called "Trendspotter" on http://www.barchart.com

 

nearly everyday, I see on barchart, that a certain stock has made a new high -

and the additional messege:

 

"Trendspotter" has been long since ....

 

does anybody know, how to use this "Trendspotter"?

 

thanks in advance for any help - much appreciated

[Handlowiec 10]

Go to the "Stock Screener" page on Barchart (Click Here)

 

Then click on Filters->Opinion->Then select Trend Spotter...

 

 

When I use this tool I then open the "Flip Charts" looking for patterns and trade setups. Just because Trend Spotter says GO LONG is not enough to GO LONG.

[TenCent 10]

Go to the "Stock Screener" page on Barchart (Click Here)

 

Then click on Filters->Opinion->Then select Trend Spotter...

 

 

When I use this tool I then open the "Flip Charts" looking for patterns and trade setups. Just because Trend Spotter says GO LONG is not enough to GO LONG.

 

thanks a lot for noticing my question, regarding trendspotter

 

I did as you said ( as registered user )

 

on the menuepoint "opinion" I really get to the trandspotter ( thanks again ) using thisn menuepoint "indicators" - and Trendspotter appears

 

I select "us equities"

 

now it displays 2 options again

 

- strenght - with underpoints minimum/weak/avarage/strong/maximum

 

and a second

 

- direction - with underpoints weakest/weakening/rising/strenghtening/strongest

 

so I assume 2 choices now:

strong and strengthening

 

I get over 130 results now, far to much - but a good beginning

 

we should eliminate all pennystocks first

 

and second add another criteria to select further

 

do you have any idea, how to do this?

 

thanks in advance for your kind help

[Handlowiec 10]

Go through the options and look at Technical then you can filter volume.

 

Personally I only trade stocks that have at least 500,000 shares a day. I have been burned too many times trading low volume stocks at break out to reverse and then take a loss. The higher the volume the better (30 day average) and the higher the price the better (IMO).

 

If you get a list of 100 stocks that is wonderful, then flip through them looking for setups. I know what a trade setup looks like for me. I can flip through 100 stocks in about 10 minutes. Years ago I would not think that was possible, but now I know what I want to look for so it is really quick.