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Scan the market to find Shooting Stars.
Works on all TimeFrames.
The search parameters and shooting star criterias are adjustables without having to modify the screener / indicator code , allowing everyone to have the tools adapted to his own criterias.

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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 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 :

  • Works on all TimeFrames
  • ProRealTime V11 and later versions compatible
  • Free ProRealTime (daily closings) 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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