The Screener scans the market for stocks near to break, or breaking, a bearish resistance.

Works on all timeframes.

Bearish Oblique Resistance indicator included

Many ajustable parameters available without modifying the code.

To adjust screener parameters, simply open the Variables 🔧 menu  :

The values shown above are given, as examples and do not constitute an optimal or recommended setting, everyone should find his own settings.

A first general filtering of stocks is carried out on the Daily time frame according to 2 criterias :

• minimum stock price (for those who do not wish to have a penny in the results for example)
• minimum average volume (expressed in number of transactions or capital exchanged) to have the desired level of liquidity on the stock.

Résults Ranking :
The results are sorted in the “% Resistance” column as the distance from actual stockprice to the bearish resistance

Adjustable validation criteria :

• Number of candles to be scanned
• Mini distance to last contact with resistance
• Maxi percentage under resistance

Available filters :

• Third contact to validate resistance
• The short term trend is bullish toward resistance
• Actual candle is breaking resistance

General filter :

• Minimum stock price
• Minimum average volume
• Average volume expressed in transaction number or in capital exchange

Characteristics :

• Works on all TimeFrames
• ProRealTime V11 and later versions compatible
• Free ProRealTime (daily closings) compatible
• Automatic and free updates
• Bearish Oblique Resistance indicator included

Watch the video user’s guide on our Youtube channel, subtitles available in English :

🇫🇷 Resistance Oblique Baissière / 🇮🇹 Resistenza Obliqua Ribassista / 🇩🇪 Resistance Schräge Bärisch / 🇪🇸 Resistencia Oblicua Bajista