The pre-built strategies are the ones for which Advanced GET has won “Best Trading System for Futures and Stocks” from the readers of Stocks & Commodities magazine for more than a decade. The user simply selects any one of the strategies from the pre-built set, and the scanner will find stocks that meet those parameters in real time.

These strategies can be applied to any of the following time frames:

• Weekly and daily (for long-term and position traders)
• Hourly (for swing traders)
• 15- and 30-minute (for short-term and day traders)

The user can include all stocks or select any sector or industry group for analysis. Stocks listed on various exchanges can be selected independently.

The “Min Vol (k)” allows the user to specify the number of shares a stock has to trade today to qualify as a selection. The “Min Avg Vol (k)” permits the user to delineate the average number of shares the stock has to trade per day, based on the last 20 days. The user can then determine the liquidity of the selected stocks.

The user can combine standard studies and indicators to create custom trading strategies from the following list:

The user can apply multiple combinations of Relative Strength analysis. It is a calculation that assigns a number between 0 and 100 to a stock based on how that stock is performing in comparison to the market.

The smaller the Relative Strength, the weaker the stock is relative to the market. Similarly, the higher the Relative Strength, the stronger the stock in relationship to the market.

The user can calculate Relative Strength based on its performance during the last 3, 6 or 12 months. A composite selection is also available.

In addition, the scanner is capable of calculating Relative Strength by comparing the stock to the entire market or just the stock’s sector or industry group for strong stocks (> 80) or weak ones (< 20) or for those outperforming or under-performing the Dow Jones or NASDAQ indices.

The user can then rank stocks based on the results of the Relative Strength scan.

The user can choose the minimum and maximum price range of the stock based on the last three days. This is very important to day and options traders. For day traders, stocks with a larger daily range provide the potential for tradable swings during the day.

Some options strategies look for stocks to expire within a small range while others require larger ranges. Range Selection accommodates the various options strategies.