INSTALACIÓN
This screener is made for intraday trading.
By scanning the market simultaneously up to 8 timeframes ( 1 min / 2 min / 5 min / 15 min / 30 min / 1 hour / 2 hours / 4 hours), and then sorting results by detection timeframe, the screener will allow you not to miss anyshooting star.
Everyone has their own search criterias, validation of a shooting star, this screener has many adjustables parameters so that everyone can have his own shooting star screener. These settings are done in a very simple way and without having to modify the code.
To adjust screeners parameters, simply open the Variables 🔧 menu :
A first filtering of stocks is carried out on the Daily time frame to ensure the minimum liquidity required.
- 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.
The shooting star specifics criterias and its position in the trend of the stock can be adjusted.
The Intraday Multi TimeFrame screener scans simultaneously up to 8 different timeframes : 1′ / 2′ / 5’ / 15’ / 30′ / 1 hour / 2 hours / 4 hours
Results are classified by the “TimeFrame / UT” column to easily identify the timeframe of detected shooting star
The values shown above are given, as examples and do not constitute an optimal or recommended setting, everyone should find his own settings.
Adjustable validation criteria :
- Maximum lower wick length
- Minimum upper wick length
- Bullish trend before shooting star appears
- Maximum penetration in the previous candle
Available filters :
- Previous candle green
- Risk / reward ratio > 1
- Confirmation candle
General filter :
- Mini stock price
- Mini average volume
- Average volume in capital exchanged or number of transactions
Characteristics :
- Specific for intraday trading
- ProRealTime V11 and later versions compatible
- Automatic and free updates
- Shooting Star Indicator included
Watch the video user’s guide on our Youtube channel, subtitles available in English :
🇫🇷 Etoile Filante / 🇮🇹 Stella Cadente / 🇩🇪 Sternschnuppe / 🇪🇸 Estrella Fugaz
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