These are some criteria to be used when scanning for certain type of stock plays.

52 Weeks High – For Swing Trade

• Previous Day Volume 1 million
• Price above $1
• Last price Less than equal 52 week high by 2% or less – this means price hovering just low of the 52 week high as it is on everyones radar.
• Turn on news column on stocks to trade and see how many news items it has. The more the better.

VWAP Hold Scan – For Day Trade 

• This is a momentum stock scan.
• A day trade scan for the most part.
• $1 – 20
• + 1 Million Volume
• Up more than 10%
• After 10am Eastern Time or mostly afternoon scans for secondary leg
• Its for stocks that spike, have a pull back and spike again which is usually in the afternoon
• Above or below VWAP by 2%
• Still make sure it has a catalyst
• Note: Morning is choppy try to avoid it

Volume Boost Scan – For both day and swing trade

• Want to trade stocks with unusual volume as it bring unusual price action
• Ignore the thousands that are just average and below
• Volume today is 10% or higher than 60 day average volume
• Price up 5% on the day
• The lower the stocks the more volume we ideally need
• $1 – $12 – as other stocks don’t usually double or multiply per day
• Can run all day
• Still have to do due diligence, like check news, float, etc

5 Day gainer scan – For short bias trade

• Stocks that have been up 5 (green) consecutive days in a day
• Maybe tweak for lesser days
• Be on the look out for the first red day, then short the first red day and use the previous high as stop

Pre-Market Scan – For seeing what is happening in pre-market

• Up 10%
• Volume > 50,000
• > $1
• Some higher priced stocks when running, some lower priced stocks run as well like they were correlated

After Hours Gainer Scan

• After Hours % change > 10
• Volume > 1 million
• But can change the volume
• If new, try avoid trading after hours as its very volatile
• Still need to know what is happening after hours for preparation

High Priced Gainer Scan – For mainly earnings scans

• Last Price > 20
• Volume > 500 000
• > 5 % change
• Can use it during earning seasons

Low Float News Scan – Run all the time, daily

• SteadyTrade.com has more info on float if need more info. Podcast etc
• < 10 million Float
• Last > $1
• % change > 5
• Volume > 50 000
• Add news column (tweak result)

Red to Green Scan

• Above the previous days high
• Looking for big gainers we may have missed
• Used for prepare the day before
• Last > or equal to Previous Day close
• Then add to filter it to own watchlist