omnitrader scans

Daily Scans	Scan Formula	Notes
Technical Indicator Scans
Up trending stocks	C > SMA (60) and TRII(60,30)>TRII(60,30) [30] and TRII(60,30)> 80 and C>SMA(60)[30]	Uses SMA and TRII to ensure trend is up ( option 1)
Up trending stocks	C > SMA (60) and TRII(60,30)[40] >70 and TRII(60,30) [20]> 80 and TRII(60,30)> 90	Price is exceeding the 60 day SMA and TRII 40 days ago is trending up and same for 20 days and today (option 2)
Trending shares	TRII (30,20) > 95	Simple test Uses TRII indicator but only based on current time frame (option 3)
Big Bulls	C > EMA(C,10) and C > EMA (C,50) and MACD(12,26) > 0 and TRII(60,30) = 100	Must be trending up now
Big Bears	C < EMA(C,10) and C < EMA (C,50) and MACD(12,26) <0 and TRII(60,30) = 0	Must be falling price now
Stocks showing weakness	TRII (30,60) > 80 and ADX(14) > 35 and C < SMA(C,10)	High trending shares, turning, by using TRII and ADX
Smooth movers	GAP(O,H,L,C,150,0.5,1,14) <5	Tests for shares where ATR gap does not occur often
Overbought and turning	RSI(14) [5] >70 and RSI(14) <70 and C < C[1] and C < EMA(C,9)	Based on high RSI and price change down
Oversold and turning	RSI(14) [5] <30 and RSI(14) > 30 and C > C[1] and C > EMA(C,9)	Based on low RSI and price change up
Bullish MACD crossover	MACD(12,26)[3] <0 and MACD(12,26)[2] <0 and MACD(12,26)[1] <0 and MACD(12,26) >0	Rising MACD and above 0
Bearish MACD crossover	MACD(12,26)[3] >0 and MACD(12,26)[2] >0 and MACD(12,26)[1] >0 and MACD(12,26) <0	Falling MACD and below 0
Weak stock showing strength	TRII(30,60) < 20 and ADX(14) > 35 and C > SMA(C,10)	TRII is at low end but price is rising
Shares breaking out to upside	C > SMA(60) and TRII (60,30) > 20	TRII very low but price now breaking above 60 SMA
Possible Buy opportunities	C < BOL_Lower(20,2) and RSI(14) <30	Based on Bollinger
Scan Overbought	MACD_HIST (12,26,9) >0 and MACD_HIST (12,26,9) [1] > MACD_HIST (12,26,9) and RSI(14) > 70	Based on MACD and RSI
Scan Oversold	MACD_HIST (12,26,9) < 0 and MACD_HIST (12,26,9) [1] < MACD_HIST (12,26,9) and RSI(14) < 30	Based on MACD and RSI
Relative momentum exceeds the XJO	RelMom(30,"XJO") >0.1	Compared the momentum of a share to XJO. Make sure XJO is in your focus list
Share above their 20 day MA	C > EMA(20) and C > EMA (20) [30]	Check if price above 20 day MA and also check it was above the MA some 30 days ago.
Simple Moving average crossover down	SMA(10)[1] > SMA (30) [1] and SMA (10) <= SMA (30)	Test today against yesterday if the 10 moving average has crossed the 30 day to the downside
Simple Moving average crossover up	SMA(10)[1] < SMA (30) [1] and SMA (10) > =SMA (30)	Test today against yesterday if the 10 moving average has crossed the 30 day to the upside
Relative Momentum exceeds XJO new	RelMom(30,"XJO")> 0	Ensure XJO is in focus list

Market Price Scans
Share price change by 5% over prior day modified	C>C[1]*1.05	5% up over last day
Share price change 5% over last 5 days modified	C>C[5]*1.05	5% up over 5 days
20% share increase in last 100 days	C > C [100] *1.2	Looking for 20% increase over 100 days
Highest price in last 20 days	C > HHV(20)[1]	Highest price over 20 days
New 52 week low modified	L <LLV(250) [1]	Lowest price in last 200 days
New 52 week high	C > HHV(250) [1]	Highest price in last 200 days
Average Volume is greater than 100,000	AVG(V,30) >100000	Finds companies who have average volume above the amount specified
Liquid Stocks	AVG(C,10)*AVG(V,10) > 10000	Provides a list of companies which have traded in last 10 days based on last price times volume
Stocks at near 52 week high	H >= HHV(250) [1] *0.95	Test for price at 95% of highest price
Stocks at near 52 week low	L <=LLV(250) [1]*0.95	Test for price at 95% near the lowest
Gap down	O <L[1] and C <L[1]	Gap up on last trade, compare opening and closing low price day before
Gap up	O >H[1] and C >H[1]	Gap down on last trade compare opening and highest price day before
Volumn rising	V>V[1] and V[1]> V[2] and V[2] > V[3]	Volume day over day increasing