Trading Scanner

market data

Although the likes of these external sites are supposed to be quite helpful. But, in reality, its reliance on these tools is unhelpful for punters. They also see the price movement in alignment with the odds as the match is still in progress. With the scanner, bettors see information like the possession, red cards, goals scored, shots on target, and many more. These are so-called surebets – making money with no risk on odds differences.

trading scanner
range of features

Stock Rover offers the entry-level plan Essentials for $7.99 per month or $79.99 per year. The Premium Plan costs $17.99 per month or $179.99 per year, while the Premium Plus Plan costs $27.99 per month or $279.99 per year. All plans primarily differ regarding fundamental research metrics and historical data range. Users can scan for fundamental data details such as ratings, company financials, earnings, dividends, valuations, growth metrics, and profitability.

Some trading scanners are free, while others may cost a monthly fee. Your best day trading scanner will depend on your individual needs and preferences. The Impeccable Stock Software is a stock picking service with a focus on swing trading. The service separates itself from the pack by offering a variety of features for a very affordable price.

Why Do You Need a Stock Scanner?

It can also alert you when the trend is just about to reverse so you can exit the market when your trades are still profitable. Take a look at Ziggma’s stock screener for a best-in-class user experience by signing up for a free account. Search parameters are set on sliding scales without the need for manual entry, while search results are updated continuously. You need a stock screener app, and a few of Benzinga’s favorites are listed for your review. This populates a great starting list to narrow down your trade ideas for the day. As we’ve said before, not all the stocks will be great trading candidates.

Black Box Stock is a good starting point for those uncertain about what assets to trade and what time horizon and strategy to use. Ultimately, this is one of the best free scanners you will ever get your hands on. In-play Trading simply implies taking bets and trades on sports events that are still in progress. This value shows when a team is about to score due to the strong pressure the team might be expressing.

Also, in addition to a traditional results list, results can be viewed as a heatmap. While the premium version is constantly promoted, Seeking Alpha’s free stock and ETF screeners include a plethora of fundamental and technical filters within an easy-to-use interface. If you’re looking for a day trading scanner, there are a few things to keep in mind. First, you need to make sure that the scanner is compatible with your trading platform. Second, you need to decide what type of information you want the scanner to provide. Finally, you need to consider how much you’re willing to pay for the scanner.

Stock Rover

Basically, this AI provides you with strategies with a success rate of more than 60%. TradingView 30-day free trial and discount offer during the trial period.


The TrendSpider scans can also be used as the source for backtests and pattern recognition analysis. This way, TrendSpider can search in any timeframe from 1-minute to 1 month. Seeking Alpha surprises with simplicity and advanced features like quant ratings, pre-configured screeners and SEC-filings access.

To Use a Scanner or Not? The Art of Trading Momentum screeners are an essential tool for the beginner trader — especially if you’re getting ready to try day trading or swing trading and you aren’t sure which assets to buy and sell. Real-time scanners are ideal for day traders who need to be aware of intraday momentum. These scans use real-time data and deliver a constant stream of results. For example, if you created a scan for stocks trading above their 50-day moving averages, a real-time scanner would return results whenever this criteria was met. If a stock was trading below it’s moving average at market open and crossed above the average intraday, the trader would receive an alert.

In keeping with the meme stock examples above, let’s use our TradingSim scanner and see how we could have narrowed our results to include these big days. In addition, we’ve created this quick tutorial for how to use the TradingSim scanning tools. These views include Overview, Valuation, Financial, Performance, Technical, Charts, and News.

Since you’re only watching a few stocks, you’re alert and ready to buy or sell at the right times. Each category has many filters to choose from to help traders select stocks that closely match their trading criteria. This code is written for traders to be able to automatically scan 36 stocks of their choice for MACD , EMA200 + SuperTrend and Half Trend .

In addition, Black Box Stocks has an integrated options screener where unusual options activity on Wall Street is tracked. Users can apply 17 filters to real-time options flow and color-code the options alerts. TheFly news get streamed in real-time, and the trading chat room for stock traders and a discord channel for options traders make their offers complete. Finally, they have free trading education events where real traders educate the community in diverse trading and investment styles. The Black Box Stocks stock screener is one of the key functionalities.

Let’s take each one and look at why it is important, plus offer some scanning tips. Scanz is the fastest and most actionable trader workstation ever created for monitoring live, market-moving activity. Our proprietary terminal brings together powerful scanners, alerts, newsfeeds, charts, unique montages and customizable layouts within a beautifully designed and intuitive platform. The web-based platform is well-designed, easy-to-use, and effective.

This scanner comes with a simple interface that is easy to navigate and comes with a ton of useful data to help you pick the best options. Options scanners are crucial tools of trade but most investors overlook them especially when starting because there are so many things to learn. In this guide, we are going to introduce you to some of the best options scanners around. You are essentially gambling on the stock market, and if you don’t know what you’re doing, you can lose a lot of money very quickly.

  • You also get access to the platform’s simulated trading platform.
  • The Basic Plan for $27 per month also has delayed quotes but also comes with alerts and access to premium articles on Benzinga.
  • The first one is to manually study the market looking out for stocks with clear trends and high volumes.
  • I never thought this site would grow beyond my little playground. scanners help find stocks that are trading at high relative volume with fast price movement. This typically points traders in the direction of volatile stocks with a lot of attention. Ideally, these scanners can lead traders to find stocks that have the most potential to make a substantial move.

Blain Reinkensmeyer (founder of has more than 20 years of trading experience with over 2,500 trades placed during that time. Referenced as a leading expert on the U.S. online brokerage industry, Blain has been quoted in the WSJ, New York Times, Fast Company, the Chicago Tribune, and other media outlets. Using a modern HTML5 design, TradingView is my favorite site for stock and ETF screening because it offers the best overall combination of quality data and ease of use. The platform also calls out trades it makes and this contributes greatly in helping you comprehend why it picked particular trades.

So, you buy the stock and exit just before the trend reverses. Normally, the short-term moving average will remain consistently above the long-term moving average to confirm a strong bullish trend . Although Scanz is not as sophisticated as Trade Ideas is, it still is a fantastic platform for anyone interested in momentum trading. And that’s why, in the next few paragraphs, we focus on the best scanners when it comes to hunting for momentum.

VDU and Pocket Pivots: “VooDoo” for your day trading

Traders can input their criteria, and the scanning tool will output matching results. Certain news scanners, like Benzinga Pro, will also add an audio stream for traders who want news updates throughout the day. Please visit our video section under the resources tab or follow the link to our YouTube channel for more information. Getting market direction right makes every other aspect of trading easier.

Selecting the first one, we see a potential breakout candidate on the daily chart. This way, you’re eliminating smaller cap stocks of lower valuation. Plus, the volume criteria eliminates a lot of the thinly traded stocks in the market. An easy way to scan for volatility and momentum is to filter for %gain or %loss on high volume. What this tells us is that the stock is either gapping up or down with a lot of interest from speculators. The site works on a credit system, giving you 6,000 free credits each month that accumulate if you don’t use them.

The free Finviz version is a good one to scan the overall market conditions with EOD details but without real time data. The features and functionalities of the free version come close to the one of the Yahoo Finance stock screener. Finviz is a great stock market scanner to scan for technical screening criteria or company fundamentals, but it is not made for day traders. By using the proper settings on day trading scanners, day traders can save time and make more money. Please note many other methods of finding trades, such as technical analysis, fundamental analysis, and news-based strategies.

Our job is to identify these trading opportunities at the right times. Get it wrong, and you end up wasting your time staring at stagnant stocks. Stock scanners are one of the most important tools that I use as a trader. Over the years I have developed a suite of scanners that can identify stocks in real-time that meet my criteria for being a home run setup. All of this experience led to the release of Warrior Trading’s customized Stock Scanners in 2020. With the software, charts are fully customizable to your preferred settings.

Besides the features and functionality insights, you will find all details about the costs and discounts in the list below. Option trading scanners will also help you to determine what to do when the market is moving in a particular direction. A good option scanner can help you identify patterns and signals that can give you an edge over your competitors. It is also important to note that a trading scanner will not be able to find every single possible trade in all markets. When it comes to options trading, you need to have a good option scanner in order to be successful. A trading scanner is a software that helps you track and analyze the prices of options and other securities.