Another great video my friend :hand-purple-blue-peace:
Really really good stuff Trey!
AI says: when referring to "daily volume average" (or "average daily volume"), it essentially compares the total accumulated volume for a specific time portion of the trading day to the same time portion of previous trading days, effectively averaging the volume across those days for that particular time frame.
Trey - thanks for the video. Subscribed and Liked for sure! Quick question ... you're running the aggregation against the daily or 15m, would shortening those time periods (maybe down to 1 minute or 5 minute) help show results sooner? "sooner" meaning earlier in the trend or potential trend of the stock. Not meaning the frequency of which the ToS scanner search (they seem slow but I'm just starting)
Excellent Video!
Just to make sure I understand... although you are updating and sorting changes to the list of stocks returned when the scan was first run... this does NOT add new stocks that recently met the scan criteria? This means we must still refresh the scan from time to time manually to grab any new stocks that are now low float and moving?
Another great video. Unfortunately because of the 5 min refresh rate on scans, the columns really can help in trading. Especially in Low Float. I use the Force Index for strength and use Stoch for entries. I like your volume idea and I think Volume Rate of Change is a great indicator
just getting started and was following until you pulled up the filter. My screen doesn't look like yours. How do I find the filter ?
This is exactly what I have been looking for! How do you do this for pre/post market?
Hi Trey, great stuff! After joining your (dts course) I didn't see this scanner for "Low Float Stock Scanner" on there and was wondering if your going to add it soon. Thanks Trey
Well actually it’s a common ploy to see after a big run up, you’ll see an announcement of more shares being offered and a resulting crash. I believe those announcements have to be made during regular session hours. Another reason to always have a stop loss set
Hey, what is the Name of the Study you show in this video, I'm thinking of joining up and downloading it......
Yes!! Floatlow!!!
New to all this. How to you deal with the damn 3 day settlement time after buying a stock, but want to sell sooner?
Hi Trey - I have learned a lot from your content however for videos like this it isn't clear to me what the next best action would be on these tickers. The mechanics of building the scanner and supply and demand all make sense but once you see a stock making a, let's call it a "high volume move" how do you know what trading strategy you should be deploying? I hope that makes sense, it's hard to type through complicated topics like this.
Great video, Trey! I trade TOS with low float, high relative volume small caps. I use and rely on level2 and have repeatedly asked that they offer colors for the price levels other than the shades of blue. It would be so useful for this to happen. Do you have a code to do this and a means to enter it into their script?
Good vid. I wonder if the ratio of volume to outstanding shares would be useful too. Head scratching.
@Treyding Stocks. Another amazing video! Thank you! I was a little bummed because I thought for sure when you mentioned float you were going to have a way to calculate it, but I get it's not enough difference between shares and float to worry in most cases. I know you're focusing on the scanners right now which is amazing, but I'm curious if you see something like this at market open for instance, you have no metrics to go off of for support or resistance etc. Do you have any advice to newbies like me for entry? I know these can crash just as fast as they can rocket. Obviously I'd be setting a stop, but I feel like I miss out on these rockets alot because I'm afraid to buy and have it crash immediately. Are you using indicators with volume being the most important?
What's up Trey! Do you do that momentum trading? Like you know who 😉? What are your thoughts on that strategy? If you don't mind me asking :-)
@ZahidPk39