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This screener detects the start of an uptrend and gives some buying/selling points on a list.
There are 5 signals that are detected:
- a value equal to 2 means a start of uptrend or a good breakout in an uptrend (orange arrow with the indicator – the best signal for me).
- a value equal to 1 means a quite good buying point (green arrow with the indicator).
- a value equal to 0.5 means a buying signal (green segment with the indicator).
- a value equal to -0.5 means a selling signal (red segment with the indicator).
- a value equal to -1 means a quite good selling point (red arrow with the indicator).
Advantages:
- you don’t have to scroll all your watchlist
- an indicator is available to set up your daytrading strategy
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