Home

StockVision Manual

image

Contents

1. 7 The Top Data Bar 8 The Stocks Eab nk sue DRE dette ed RE rte DR es 10 Charts and Chart Indicators 15 The Filter Manager Tab 19 What Each Formula Does 23 The Sharing Fab 2 au dea Sees eds Sued oe Cu 33 Th Papertrade Tab s ios s PE VECES ERRARE RUE Were ee bands 34 Th Porunr Tab cu eer be UO RR REIR EE REN ER 36 The Preferences Talia oda co rd E Rr COD EUR aches de 38 Feedback Tech Support cube Cow ERAS Pere eee ees 39 Testimonials Reviews 39 2011 Garsworld Inc All rights reserved 6 NAVIGATING THE SOFTWARE When you launch StockVision your screen will look something like this W StockVision PowerScan US Market SE UK Market Dow Jones 122 5 Advancers 2137 NYSE Volume Change Oil USO Decliners 873 EMini Futures Gold GLD A D Ratio Bear Bull de Foum SU TE Ve TITO T ESSET Show au Countries Archives Curent Chat Find Detach Chat RyanH 16 15 USA Devin do you know if can print it out Andrew Gar 16 15 USA Hey ryan you can do both you access it online and you can print the pages from there if you dave ohio30 choose Devin JayBird morgan1306 16 16 USA Gar thanks to PS I m up 18 real money since 2 2 11 skip9319 Andrew 16 16 USA That s awesome morgan
2. Iv Showstocks Show ETFs bul Show ETFs bear All Filters C Bullish 3 S R Set Stock Alerts a i C Favorite Filters Bearish Fame etale Wie Enn Am There are lots of useful features located above the stock list Price and Volume Screen Here you can specify a minimum amp maximum price and or a minimum average daily volume amount that stocks must satisfy in order to appear in the stock list Press TAB after typing in the numbers to update the stock list The minimum volume amount must be entered in thousands of shares K without using commas e g 500 would mean 500 000 shares and 2500 would mean 2 500 000 shares Note that individual filters can optionally override these settings if they contain the Price Volume Constraint formula Stock List Selection menu Here you can choose to show another list of stocks to view and apply filters to besides the Master List The menu will always contain a list called My Watchlist and you can add stocks to this 2011 Garsworld Inc All rights reserved 12 list by clicking on their row s and then clicking the Add to Watchlist button You can also click on and highlight multiple stock rows at once and then click the Create List button in order to add those stocks to another separate custom list To delete a custom list you created choose that list from the menu and click the Delete button Additionally you can import a plain text file c
3. Bear Bull This calculates the composite sum of the five best rated and five worst rated stocks according to their SV Score This Bear Bull meter is a general gauge of market sentiment and tends to be more reliable in periods of higher volume and less reliable in periods of lower volume The SV Score is a unique proprietary indicator in StockVision that ranks each stock based on its recent strength weakness according to several different technical analysis criteria e g accumulation distribution above below a key moving average breakout breakdown overbought oversold in an uptrend downtrend MACD crossover MACD curve presence of a reversal pattern etc Greater weight is given to the criteria that have been more accurate lately so the SV Scores have the ability to self adjust as market patterns change Oil amp Gold shows how many points the relevant oil and gold ETFs have gained or lost compared to the previous day s closing prices for them Other popular market indicators active traders trading the U S Market sometimes watch Charts of the major index ETFs such as SPY QQQQ DIA and IWM Charts of the U S Dollar ETF UUP and or the Euro ETF FXE o Throughout 2010 into 2011 a very common pattern was that the U S stock market would usually go the opposite direction that UUP was going The VIX Market Volatility Index for the S amp P 500 or an ETF of it such as VXX The financial sector ETF XLF became
4. Daytrader s Bounce Daily chart lt 1 00 below 52 wkhigh Trap Door moderate Trap Door extreme Market Condition Lunar Bounce Daily chart Oversold 14 SPY Multiday Upside Potential Price Volume Constraint Parabolic Screamer xl Daily chart 0 00 3333 33 0K gt Reset to Defaults Available Formulas STOCK COMPONENTS New Filter Duplicate Delete Filter Modify Formul To edit a filter Click its name in the left column The middle column displays the formulas currently in that filter and the right column shows all of the available formulas that you can add to the filter Note that as you edit your filter the changes will be saved automatically but you can also optionally click the Save Changes button too To add a new formula to the filter Double click the formula in the right column or click it once and then click the lt lt Add button To configure a formula in the filter Double click the formula in the center column or click it once and then click the Modify Formula button To remove a formula from the filter Click the formula in the center column and then click the Remove Formula button 2011 Garsworld Inc All rights reserved 19 To create a new filter You can create a new filter from scratch by clicking the New Filter button or you can create a new filter that is a copy of an existing filter by clicking a filter in the left column and then
5. Start at bar selection e g Start at bar Current and End at bar Current o the current price must be at least X above or below the opening price of the current bar g Start at bar 8 bars ago and End at bar Current o the current price must be at least X above or below the opening price of the bar 8 bars ago e g Start at bar 8 bars ago and End at bar 5 bars ago o the closing price of the bar 5 bars ago must be at least X above or below the opening price of the bar 8 bars ago Gap Up Down Use to find stocks that have either gapped up by at least X or gapped down by at least X96 This gap percentage compares a stock s current anticipated opening price based on pre market trades to its previous closing price High Low Distance Use to find stocks that are no more than X below a key high or at least X below a key high or stocks that are no more than X above a key low or at least X above a key low For the key high low you can choose the stock s 52 week high low the 3 month high low the 15 day high low or the high low of the current day Market Condition You can add this formula to a filter to add in an additional requirement that an ETF for the S amp P 500 the Nasdaq 100 the Dow Jones 30 for the U S Market only or the FTSE 250 for the U K Market only must satisfy a certain condition The conditions you can choose from are in an Uptrend in a Downtrend Overs
6. then it will use the last traded price of the stock but if the End at bar is set to a previous bar then it will use the closing price of that bar The End at price selection should always be Current or a more recent bar than the Start at bar selection e g Start at bar Current and End at bar Current o the current price must be at least X above or below the closing price of the previous bar e g Start at bar 8 bars ago and End at bar Current o the current price must be at least X above or below the closing price of the bar 9 bars ago e g Start at bar 8 bars ago and End at bar 5 bars ago o the closing price of the bar 5 bars ago must be at least X above or below the closing price of the bar 9 bars ago Gain Loss from High Use this to find stocks that have gained or lost at least X since the high price of a previous bar The Start at bar menu chooses how far back in time to start measuring the gain loss since 1 e Current means that it will start measuring just since the high price of the previous bar Previous means that it will start measuring since the high price of the bar 2 bars ago etc The End at bar menu chooses how recent of a price to compare to the high price of a previous bar If the End at bar is set to Current then it will use the last traded price of the stock but if the End at bar is set to a previous bar then it will use
7. checkbox to add the filter to your Bullish Bearish and or Favorite filters list Description Stocks coming off a yearly low that are likely reversing Classify as M Bullish Bearish M Favorite The Sort by menu allows you to auto sort the filter s results by any column in the Stocks tab you want Use the Color menu to choose what color the filter s results will show in the Filter column of the Stocks tab Click to check the Sound alert checkbox if you would like to hear a sound whenever the filter finds a new stock You can choose which sound in the Preferences tab 2011 Garsworld Inc All rights reserved 20 Configuring Formulas When you double click a formula in the center Formulas in Filter column or click it and click the Modify Formula button a new window will pop up containing settings for that formula which you can customize to your liking For example below is the window for configuring the Red Green Bars formula that allows you to scan for stocks that have had a specific sequence of green and red candlesticks Candle Bar Patterns 3 E Xj Use this window to define custom Start at bar Interval red green bar patterns Current bd Daily M Must be true for the whole filter to be true Bar 1 Gen 7 Relative size C Similar Larger Smaller Any Bar 2 Red Relative size Similar Larger Smaller Any Bar 3 Red Relative size Similar
8. Must be true checkbox unchecked but requiring 4 green bars in a row and 3 a separate unrelated formula that has its Must be true checkbox checked then a stock will appear for the filter only if it either satisfies both Formula 1 and 3 or satisfies both Formula Z2 and 3 Step Textbox If there type the of bars of data to use in the formula Bottom Buttons When you are all done changing any settings you want to click the OK button to save the formula and return to the main Filter Manager tab If you change your mind and don t want to save the adjustments you made click the Cancel button O 2011 Garsworld Inc All rights reserved 22 What Each Formula Does When you click on a formula in the Available Formulas column a brief summary will be displayed in the Component info box above The following is an overview of each formula Gain Loss from Close Use this to find stocks that have gained or lost at least X since the closing price of a previous bar The Start at bar menu chooses how far back in time to start measuring the gain loss since 1 e Current means that it will start measuring just since the closing price of the previous bar Previous means that it will start measuring since the closing price of the bar 2 bars ago etc The End at bar menu chooses how recent of a price to compare to the closing price of a previous bar If the End at bar is set to Current
9. morgan1306 16 17 USA Thanks Andrew Andrew 15 19 USA wish held over that TTM from yesterday lol morgan1306 16 21 USA left a ton on the table selling my FFIV last Friday instead of holding until monday oh well still had a good gain Gar 16 21 USA morgon that is awesome beyond words couldn t buy better promotion than such statements morgan1306 16 22 USA Anything can do to help but it s easy when it s the truth lol morgan1306 16 23 USA my filter created thanks to your webinar as an 80 win rate morgan1306 16 23 USA has PostChat Private Chat mm Cha Color Block User Show in Black Donations Market closed Version 2 04 A StockVision is divided into separate tabs that you can click to Forum Stocks Filter Manager Sharing Papertrade Preferences Forum a live chat room where you can interact with other traders Stocks where you can run stock filters in real time set stock alerts and look at charts Filter Manager where you can create new stock filters and edit existing filters Sharing where you can download filters other users have shared with the community Papertrade where you can do practice trades and track your results Preferences where you can change certain general settings of the program 2011 Garsworld Inc All rights reserved 7 Switching between the U S Market and the U K Market StockVision can
10. where each candle 2 minutes 5 min 15 min 30 min 60 min and 120 min You can drag the Zoom slider to the right to zoom in to focus on more recent candles and you can drag the slider to the left to zoom out to see more data Alternately you can just click the slider and then move it more precisely using the arrow keys on the keyboard Indicators To add or remove indicators to the chart double click their names in the left indicator list Visit www garsworld com adx htm for more information on each indicator The following ones are available to you ADX DMI Pivot Points MACD amp MACD Histogram Donchian Channel Simple Moving Averages Average True Range Exponential Moving Averages Money Flow Index Slow Stochastics Aroon Bollinger Bands Keltner Bands RSI Williams R Support amp Resistance Levels To customize the indicators and the appearance of this chart click the Detach Chart button or click once in the chart to pop up a separate larger chart window 2011 Garsworld Inc All rights reserved 15 CE rora 9 _inix M Color scheme C Lightonblack Lightonblue Lightongray Dark on white Available Components Accumulation Distributio i l Ave True Range Bollinger Bands Donchian Channel EMA EMA 2 EMA 3 Keltner Bands MACD MACD Histogram Money Flow Index Pivot Points RSI Slow Stochastic x Double click to apply and u
11. Bid price for Sell orders and Sell Short orders 2011 Garsworld Inc All rights reserved 34 o Limit A limit order allows you to specify the maximum price you are willing to pay to buy the stock or the minimum price you are willing to sell a stock for A limit order might not execute right away or at all depending on what limit price you choose compared to what price the stock is trading at Type your limit price in the Limit Stop textbox o Stop A stop order is a market order that will only execute if the stock reaches a certain trigger price Type your desired trigger price in the Limit Stop textbox o 26 Trailing Stop A stop order with a trigger price that is set a certain below the current price for sell orders or a certain above the current price for buy orders Its trigger price then adjusts higher as the stock moves higher for sell orders or its trigger price adjusts lower as the stock moves lower for buy orders This type of order is used most often to exit a profitable trade Type your desired for the stop in the Limit Stop textbox as a positive number without the sign Duration A duration of Day means that your order will automatically be cancelled if it has not executed prior to the end of regular trading hours that day e g 4 00pm for the U S Market A duration of GTC good till cancelled means that your order will remain in effect across multiple trading days until ei
12. This formula uses a proprietary method to identify levels of support and levels of resistance for each individual stock Increasing the Sensitivity number moves the support resistance levels away from the precise extreme prices of prior support resistance to more nearby levels that can be thought of as wider less precise areas of likely support resistance With the formula you can find stocks no more than X 9o above support at least X below support no more than X below resistance or at least X above resistance Williams R This formula is based on the Williams R indicator which compares the closing price of a bar to the highest high and lowest low in the look back period It is plotted on a scale from 100 to 0 with 100 signifying that the stock is at its lowest low and 0 signifying it is at its highest high A Williams R above 20 is considered overbought and a Williams R below 80 is considered oversold Once again keep in mind that when a stock has very powerful momentum higher lower it can often stay overbought oversold for a very long time With the formula you can find stocks with a Williams R above or below a certain number in increments of 5 If Report only on crossover is checked then the formula will just look for the exact moment the Williams R crosses above below that number 2011 Garsworld Inc All rights reserved 32 THE SHARING TAB The Sharing tab shows filters that other StockVision users have
13. called S1 S2 and S3 respectively there are 3 levels of potential resistance above the previous day s closing price called R1 R2 and R3 respectively and there is one level in between called the Pivot Point aka Pivot or PP If a stock starts holding right above a R level or the Pivot Point then that level can also turn into a support level and if a stock starts holding right below a S level or the Pivot Point then that level can also turn into a resistance level With the formula you can find stocks that are within X of a particular pivot point level either above or below using the Near and within X option You can also find stocks that are currently above below a particular pivot point level by using the Has crossed above or Has crossed below option with the Interval menu set to Daily Finally you can find stocks that have just now crossed above below a particular pivot point level in the most recent bar by using the Has crossed above or Has crossed below option with the Interval menu set to Intraday 1m or another intraday interval O 2011 Garsworld Inc All rights reserved 30 RSI This formula is based on the Relative Strength Index indicator which is commonly used to measure overbought and oversold conditions by comparing the magnitude of recent positive bars to the magnitude of recent negative bars RSI is on scale from 0 to 100 with a RSI above 70 usually consider
14. chosen to publish and share with the community These are filters created by other users who have chosen to share them with others Click on the one you wish to try then click Import The filter will be downloaded and appear in your main filter list TO SHARE You can only publish filters you have created Click Publish in Filter Manager to do so Filter Name Category Author Description Gap Down Entry Andrew Gap downs starting to bounce Relative Strength Andrew Stocks near highs when the market is getting oversold Relative Weakness Andrew Stocks near lows when the market is getting overbought Swing long Bull nester 10 20 cross macd up Swing short Bear nester 10 20 cross macd down WR filter Bull nester william s with trend Overlay filter Bull nester WZA with Bbands and 9 15 ema Porti s Bullish Breakout Any porti max 30 from 52w low and high upside volume 1 2 day hold use it first 1 2 hour at market open Un publish Import Filter To download a filter in the list click its row and then click the Import Filter button at the bottom of the screen The filter will then appear in your Filter Manager tab and its name will appear in a red color in the Stocks tab s filter selection list To stop sharing a filter you previously published click its row and then click the Un publish button 2011 Garsworld Inc All rights reserved 33 THE PAPERTRADE TAB StockVision s
15. especially relevant during 2008 2010 O 2011 Garsworld Inc All rights reserved 9 THE STOCKS TAB The heart of StockVision is the sortable list of stocks that you can view in its entirety and apply advanced filters to in order to be shown stocks that satisfy certain conditions When a stock newly satisfies an active filter s requirements it will appear in the stock list here The Stocks tab is also useful for viewing charts setting custom alerts for specific stocks and adding stocks to custom lists manon LLENO OEEEEIICGNCZGIGGGGGGGUlt Stock List Selection Sector and Industry r Price and Volume Screen Show only stocks from 5 00 to 140 00 Master List All Sectors Stocks trading atleast 1500 K shares daily ave M Show stocks Show ETFs bul Show ETFs bear Import Create List Dele te Hu All Filters C Bulih a C Favorite Fites C Bearish 22E __Set Stock Alerts n Find Add Stock s to Watchlist et News Filter Selection Streak Gap Vol Chg off All Stocks 0 20 4472 7880000 226 99 Quick Filter Parabolic Screamer Multiday Upside Potential Lunar Bounce off Trap Door extreme off Trap Door moderate off Daytrader s Bounce off Penny Ante Darkside off AM Gap Up off AM Gap Down Volume SV Score Chg Open Beta ATHR 358 0 15 0 02 0 40 3 BWA 827 482 522 403 6 0 00 75 56 4491300 94 76 CELG 0 00 054 O75 478 2 0 27 5179 8721100 11 06
16. press the ENTER key You can change the color of your messages by clicking the Chat Color button You can optionally display everyone s chat in black so it is easier to read by clicking the checkbox for Show in Black The font size of the chat messages can be changed in the Preferences tab porin stocks Show All Countries A Archives Find Detach Chat Suspend Chat Updates l i Show Me as Offline Current Chat Gar 16 26 USA margan what suf February 10 2011 February 9 2011 February 8 2011 see the most on the next major webinar Andrew morgan1306 16 27 USA options February 7 2011 andymel idle February 4 2011 cchris6099 idle Gar 16 28 USA get a lot of requ Februar 3 2011 h Maybe the webinar should handle that once and Devin for all February 2 2011 Geldor February 1 2011 bilosic A January 31 2011 tommy 16 28 USA hi all jaws idle Near the top of the window there are several features Show All Countries menu You can use this to show only posts from users currently following the U S Market or only posts from users following the U K Market Archives Current Chat menu You can use this to view the chat posts from recent previous days Find You can use this button and textbox to search for particular text in the chat forum Detach Chat Click this button to view the chat forum in a separat
17. the closing price of that bar The End at price selection should always be Current or a more recent bar than the Start at bar selection O 2011 Garsworld Inc All rights reserved 23 e g Start at bar Current and End at bar Current o the current price must be at least X above or below the high price of the previous bar e g Start at bar 8 bars ago and End at bar Current o the current price must be at least X above or below the high price of the bar 9 bars ago e g Start at bar 8 bars ago and End at bar 5 bars ago o the closing price of the bar 5 bars ago must be at least X above or below the high price of the bar 9 bars ago Gain Loss from Low Use this to find stocks that have gained or lost at least X since the low price of a previous bar The Start at bar menu chooses how far back in time to start measuring the gain loss since 1 e Current means that it will start measuring just since the low price of the previous bar Previous means that it will start measuring since the low price of the bar 2 bars ago etc The End at bar menu chooses how recent of a price to compare to the low price of a previous bar If the End at bar is set to Current then it will use the last traded price of the stock but if the End at bar is set to a previous bar then it will use the closing price of that bar The End at price selection should always be Curr
18. the list click the Add Permanently to List button When you turn on a filter stocks that are found will usually appear in the stock list right away with the color of that filter However if it s a more complex filter you haven t activated yet that day the initial search might take a little bit longer and a message will appear saying Searching for stocks that match this filter If no stocks are found then a message will appear saying No stocks match this filter at this time If that message does not appear and no stocks are shown in the list then that usually means that stocks were found but don t satisfy your current Price and Volume Screen restrictions 2011 Garsworld Inc All rights reserved 14 Charts and Chart Indicators When you click a stock row in the list its chart will be displayed in this bottom section of the Stocks tab Intervat Daily IM Ingram Micro CI A Daily Chart 1 year IUE 20 30 Zoom f NL ty 19 75 Accumulation Distribution T TT a ae a 7 v ADX DMI Hati t aei Tent 4 E Aroon ENT LL im Eu ail 18 65 Ave True Range wat LM Du nuum c Bollinger Bands a 18 10 Donchian Channel EMA EMA 2 A A 5 31M Double click to activate items _ m mm mum lun ee um m 5 Detach Chart 124410 13 1 211411 The are 7 different time intervals you can choose from in the Interval menu Daily where each candle on the chart 1 day 2 min
19. 11 Garsworld Inc All rights reserved 2 BACKGROUND A stock s price moves up or down by virtue of a continuous auction with the price determined by how high of price someone is willing to pay to buy the stock or how low of a price someone is willing to sell the stock for Over the short term a stock s price is not driven too much by the fundamental value of the underlying company but is instead controlled by speculators who are often investors and the prices at which they are willing to trade For example when a very large fund really wants to buy a lot of shares of a stock because it s speculating that its price will eventually go up a lot it will be willing to pay moderately higher prices in order to be sure to buy all of the shares it desires fast enough at what it considers to be a reasonably good price Therefore the stock s price will likely go up significantly unless there is also another large market participant that really wants to sell a lot of shares in that same price range Likewise if a very large fund really wants to sell a lot of shares of a stock because it s speculating that its price will eventually go down a lot it will be willing to sell at moderately lower prices in order to be sure to sell all of the shares it wants to fast enough at what it considers to be a reasonably good price Therefore the stock s price will likely go down significantly unless there is also another large market participant
20. 5 041 023 336 2 0 00 16 65 4017900 188 30 N A ILMN 9 60 333 427 4 45 2 0 54 72 13 3888300 176 57 N A IM thls 3 60 183 3 29 1 4 42 19 69 5317600 170 47 2011 Garsworld Inc All rights reserved 10 You can click a column heading to re sort the list by that column and click again to toggle between descending ascending order These are the columns T stamp shows what time the stock satisfied the filter condition s and appeared in the list When you first turn on a new filter any stocks that appear will have the current time displayed in this column When no filter is turned on and all stocks are displayed the T stamp will usually show as N A During regular trading hours when having one of more filters turned on it can be useful to sort the stock list by the T stamp column so that each new stock that satisfies a filter will appear in real time at the top of the list Filter shows the color of the filter that found that stock just match the color in this column to the color of an active filter in the Filter Selection list on the left When no filters are turned on the Filter column will usually be blank If an alert you previously set for a specific stock was triggered however the Filter column will be gray and have an X in it Sym shows the stock symbol NYSE stocks usually have a 3 letter symbol and NASDAQ stocks usually have a 4 letter or 5 letter symbol The full company name is displayed at the top of the chart whe
21. CLX 2 10 757 765 43 2 0 00 69 20 11300700 269 41 a 2 2922600 1224500 188 117 175 336 7273600 DISCA 1082 115 395 319 10 2265 4273 3375300 8274 ESRX 746 137 187 362 3 029 5775 2002800 2703 E DEI Douglas Emmett Inc Daily Chart 1 year Bollinger Squeeze long Interval Daily x l 4655 Bollinger Squeeze short Zoom i i hd Penny Ante yum i lise 1820 Gar s Swing Trades long ADX DMI i 17 75 Gar s Swing Trades short Aroon ih m TT I i Breakouts long x Ave True Range PY li hi il UR 1720 Bollinger Bands n p i el li 16 65 Donchian Channel i RU i aye i um fl 16 10 EMA 2 gt i eee eee LIO III 434M up Esra Double cick to activate tems utilisateur hitiatabintanmaili Ht ban l D koverte D QuekFiten DetachChat 40440 4140 4240 43411 244 The List of Stocks When no filters are turned on the main stock list will look similar to this ee Filter Sym 5V Score Chg Open Beta Streak xi Ave Volume vol Chg N A EXPE j 17 05 262 5 35 14 55 2153 4 408400 N A NOK 8 95 14 06 260 4 38 2 11 57 9 41 202479100 349 97 N A CPE 3 08 4 08 0 38 13 19 3 3 84 7 70 4507900 277 20 N A CLX 2 10 CSN ENS 2 0 00 69 20 11300700 259 41 N A CEPH 1 89 2 56 1 42 331 3 3 75 57 47 5999100 246 73 N A ATHR 358 015 0 02 0 40 3 0 20 4472 7880000 226 99 N A CAKE 1 45 345 091 3 71 2 2 14 29 44 3620400 190 66 N A CYA 92
22. Larger C Smaller Any Red o Relative size Similar Larger Smaller Any Sample Baad Cancel Many of these formula windows contain a brief description of what the formula does and have a Sample area representing the formula settings in graphical form Interval Menu Most formula windows contain this menu that allows you to choose which chart timeframe the formula will use Your options are Daily where each bar period represents one whole day of stock movement Intraday 1m where each bar period represents just a 1 minute period of stock movement Intraday 2m where each bar period 2011 Garsworld Inc All rights reserved 21 represents a 2 minute period of stock movement etc Intraday 5m Intraday 15m Intraday 30m Intraday 60m or Intraday 120m Start at bar Menu Most formula windows also contain this menu It allows you to choose a starting reference point to base the formula on The default is for the formulas to begin looking at the Current bar but you can change that to the Previous bar 2 bars ago 3 bars ago etc all the way as far back as 15 bars ago For example if you wanted to find stocks that had 7 red days in a row and then 1 larger green day you could accomplish this by having one Red Green Bars formula set up as shown in the picture on the previous page and then have a second Red Green Bars formula that required 4 r
23. Papertrade tab allows you to test out trading strategies by placing practice trades without risking real money USA Portfolio m Trade Panel Symbol Shares Action Type Limit stop Duration S Buy Market Day Message wa Account Balances sym Order Description be f Starting Balance 100000 00 Commissions Paid 0 00 Cash Balance 100000 00 pending orders 0 00 short liability 0 00 Trading Power 100000 00 Open Positions long 0 00 Open Positions short 0 00 Adjusted Balance 100000 00 Today s Gain 0 00 Total Gain 0 00 Cancel Order Trade History Reset All Balances pen Positions Entry Date Sym L S Quantity Cost Basis as Gain Loss Gain Use the top Trade Panel to enter simulated trade orders in real time Symbol Type the stock s symbol here Shares Type the number of shares of that stock you want to trade Action Choose whether to Buy Sell Sell Short or Buy to Cover Short selling involves borrowing shares of a stock you do not own and selling those shares while incurring an obligation to buy back those shares later on hopefully at a lower price than you sold them at so you can collect the difference The Buy to Cover action exits a short sale trade Type There are 4 different order types to choose from o Market A market order in Papertrade will execute right away close to the stock s current Ask price for Buy orders and Buy to Cover orders or
24. StockVision Tin Ah 2011 Garsworld Inc All rights reserved v 22111 INTRODUCTION StockVision PowerScan StockVision is a one of a kind stock screening program that utilizes advanced technical analysis and proprietary formulas to help traders of all styles and abilities find better stocks to trade and better places to enter amp exit StockVision performs real time intraday scans in addition to end of day scans and you can create your own unique custom scans that contain advanced formulas StockVision also includes lots of effective pre made scans and chart indicators and has a built in sharing system where you can download scans that other traders have chosen to share with the community StockVision also has a paper trading system where you can safely test out new trading strategies and track the results before you trade them with real money Another useful feature of StockVision is its built in live chat room where you can talk to traders from around the world share trading ideas and market predictions ask experienced traders questions you have and be able to adapt more easily to changing market conditions With all of these features available to you at a bargain price we believe that StockVision is the best deal in the industry Whether you are an experienced trader or brand new to trading be sure to take our FREE trial so you can discover for yourself how StockVision can help improve your trading O 20
25. amount and or below a maximum amount Volatility here is measured by calculating the percent swing between the high and the low of each bar for a certain number of bars which you can specify and determining the average swing per bar Volume Change Use to find stocks that are trading more or less volume in the current bar compared to the average amount of volume per bar measured for a certain number of bars which you can specify in the Step textbox You can choose to find stocks that are currently trading a least 1X to 10X their average volume or stocks that are currently trading no more than 0 75X to 0 25X their average volume Note that if the Start at bar menu is set to Current then the number you type here will include the current bar in the average volume calculation so it can often be better to start at a previous bar instead For example if you just wanted to find stocks trading at least 5 times their volume yesterday you would do Interval Daily the Start at bar Previous Bar the Step 1 and choose 5 00 from the Volume change at least menu 2011 Garsworld Inc All rights reserved 26 Win Loss Streak Use to find stocks that have had at least a certain number of winning bars in a row or at least a certain number losing bars in a row which you can specify ranging from 1 to 9 Whether a bar is a winning bar or a losing bar depends on whether the bar s c
26. be used for U K stocks as well as U S stocks To switch to the U K Market click near the British flag at the top of the screen To switch to the U S Market click near the American flag e Marla AU US Market m UK Market FTSE 100 6062 90 Advancers FTSE Volume Change Oil CRUD FTSE 250 11797 77 Decliners TICK Gold BULL Techmark 1947 10 A D Ratio Bear Bull l 00 US Market DE UK Market Dow Jones 12273 26 Advancers NYSE Volume Change Oil USO NASDAQ 2809 44 Decliners EMini Futures Gold GLD S amp P 500 1329 20 A D Ratio Bear Bull ah 609 The Top Data Bar StockVision s top data bar shows lots of general market data that updates in close to real time The far left section shows the value of the most popular stock indexes and how many points they have gained lost that day as well as the percentage gained lost that day The number of stocks that have gone up compared to the previous day s close Advancers and the number that have gone down compared to the previous day s close Decliners are also shown in the top data bar The A D Ratio calculates the Advancers divided by the Decliners to provide a rough gauge of the market s underlying strength weakness that day The right section contains the following information Volume Change shows the volume increase green or decrease red for the current day s trading volume compared to the recent normal average volume Market moves on
27. by this column a little bit before regular trading hours begin to identify very strong weak stocks Stocks with extreme gaps often reverse sometime during the first hour of trading Note that after regular trading hours end i e 4 00pm for the U S Market the Gap column will switch over to showing approximately how far above below its closing price the stock is trading in after hours SAve shows the average price the stock has been trading at recently In general lower priced stocks tend to be more volatile than higher priced stocks Higher priced stocks can often be cheaper to trade though if your broker offers a per share commission plan and you are allocating a fixed amount of money for each trade Volume shows how many shares a stock has traded in the current session or the previous session if it s before regular trading hours have begun and the stock has not traded any shares during pre market 9 Vol Chg shows the stock s change in volume compared to its average volume for that time of the day over the past month or so Stocks trading on large volume often make nice intraday moves and can sometimes be effective swing trades as well Note that this column is not useful during pre market Elements Above the Stock List Price and Volume Screen Stock List Selection Sector and Industry Show only stocks from 5 00 to 130 00 Master List All Sectors Stocks trading atleast 1200 K shares daily ave Import
28. cal analysis formula or an advanced formula combination Double click a formula in the Available Formulas column to add it to the Applied Formulas column Note that configuring formulas works about the same way here as it does in the Filter Manager tab and the Modify Remove and lt lt buttons do the same things as the Modify Formula Remove Formula and the lt lt Add buttons that are in the Filter Manager tab Other Buttons Keep alert alive after it fires checkbox If unchecked then the alert will be deleted when the alert is triggered If checked the alert will still remain set even after the alert has been triggered Remove Stock s button Deletes the alert for the stock that is highlighted in the lefthand column Clear All button Deletes the alerts for all stocks Cancel button Closes the pop up window without saving your actions Done button Saves any alert s you made and closes the pop up window When An Alert is Triggered You will hear an alert sound you can choose which sound in the Preferences tab and a new row will appear in the stock list that displays a black X over a gray rectangle in the Filter column Set Stock Alerts Find Add Stock s to Watchlist Export News T stamp Filter Sym SV Score Chg Open Beta Streak Gap Ave Volume Vol Chg 23 08 50 S EXPE 11 31 178 O32 6 42 1 136 21 70 13355000 71 34 aan
29. clicking the Duplicate button The new filter will appear at the bottom of the left column s list of filters but will appear at the top of the filter list in the Stocks tab To delete a filter Click the name of the filter you want to delete in the left column and then click the Delete Filter button Other Buttons Publish button Click this to publish the current highlighted filter in the Sharing tab If you make changes to the filter then this button will change its name to Re publish which you can click to save the changes to the Sharing tab You can t publish a filter that you did not create yourself Export button Click this to save a copy of the current highlighted filter onto your computer as a text file This can be useful when you want to transfer a filter to another computer running StockVision Import button Click this to import a filter that you had previously exported Reset to Defaults button Click this to restore each default filter to its original version getting rid of any edit s you made Note that this button will only affect the default filters that came with the software and will not affect any new filters you made or any filters you imported from Sharing Basic Filter Settings icem Multiday Upside Potential Sort by Timestamp Color i 7 Sound alert Export Import You can type a name and a description for the filter here Click a Classify as
30. e resizable window 2011 Garsworld Inc All rights reserved 36 Suspend Chat Updates Click this checkbox to stop the chat window from auto scrolling to the bottom most recent chat messages It is useful to suspend the chat updates when you want to scroll back up to read the chat messages from earlier in the day Alternately you can stop the auto scroll by clicking the scroll box and holding down to drag it around Show Me as Offline Click this checkbox to prevent your username from showing in the list of Who is Online You can change your displayed username in the Preferences tab RER Suspend Chat Updates Show Me as Offline Who is Online Andrew andymel idle capt frank cchris6093 idle Devin Geldor To initiate a private chat with another user click his her username in the Who is Online box and then click the Chat with hilesic button below jaws idle JayBird lesley2424 To hide the chat posts of a particular user pr i click his her username in the Who is Online porti box and then click the Block button rend idle below Once you have done so the button eue will change to Unblock and you can click it to show that user s chat posts again Chat with Devin Block Devin 2011 Garsworld Inc All rights reserved 37 THE PREFERENCES TAB anage Sharing apertrade Preferences ES Username Name to display in public forum Andr
31. ed bars and had its Start at Bar menu set to 5 bars ago since that would cover the 5th 6th 7th and 8th days back You could thus conceivably have bar sequences for the Red Green Bars formulas as long as 18 bars because the final formula could have its Start at Bar set to 15 bars ago which would cover the 15th 16th 17th and 18th days back Another example of a use for the Start at Bar menu would be if 3 days ago there was a huge sell off in the market and you now wanted to make a filter only showing stocks that still wound up having a green day that day you would simply set the Start at Bar menu for a Red Green Bars formula to 3 bars ago Must be true for the whole filter to be true Checkbox Almost every formula in your filter will have its own separate checkbox for this When it is checked a stock will never appear for that filter unless it satisfies the conditions of that formula So if every single formula in your filter has that box checked then stocks will only appear for that filter if they satisfy the conditions of every single formula If however your filter contains at least two formulas that have this box unchecked then the stock only needs to satisfy the conditions of one of those formulas not every formula For example if your filter contains 1 a Red Green Bars formula requiring 4 red bars in a row with the Must be true checkbox unchecked and 2 another Red Green Bars formula with the
32. ed overbought and a RSI below 30 usually considered oversold When stocks are overbought they are more likely to have some kind of pullback at least in the short term and when stocks are oversold they are more likely to have some kind of bounce at least in the short term But keep in mind that when a stock has very powerful momentum higher lower it can often stay overbought oversold for a very long time With the formula you can find stocks with a RSI above or below a certain number in increments of 5 If Report only on crossover is checked then the formula will just look for the exact moment RSI crosses above below that number Slow Stochastic This formula is based on the Slow Stochastics indicator which like the Williams R indicator described below compares the closing price of a bar to where it is in relation to the highest high and lowest low in the look back period The Stochastic line aka Slow 99K is plotted on a scale from 0 to 100 along with an even slower moving 3 period moving average of the Slow K called the D line If D is above 80 then the stock is typically considered overbought and if D is below 20 then the stock is typically considered oversold Once again keep in mind that when a stock has very powerful momentum higher lower it can often stay overbought oversold for a very long time The Stochastic line crossing above the D line is sometimes used as a buy signal and the Stochastic line crossing b
33. eeze long Bollinger Squeeze short Penny Ante To Turn Off a Filter double click its name again Gar s Swing Trades long or click its name and then click the Deactivate Gar s Swing Trades short Filter button at the bottom To turn off all filters Breakouts long x double click All Stocks at the top of the filter list To Turn On a Filter double click its name here or click its name and then click the Activate Filter button at the bottom The color of the filter will then appear the filter s title will be shown in bold and on will appear to the left of the filter You can have multiple filters turned on at the same time Visit www garsworld com psfilters htm for more information on the various default filters A brief description of the filter will usually appear here when you click its name Click a filter s name and then click the Up button to Quick Fiter move that filter higher in the list The Down button moves a filter lower in the list The Quick Filter button pops up a new window that allows you to quickly create a new filter similarly to how you create a filter in the Filter Manager tab You can also bring up this same window by double clicking where it says Quick Filter in the list From that pop up window you can test to see what stocks that filter finds by clicking the Test Filter button If you want to permanently save that filter to
34. elow the D line is sometimes used as a sell signal Furthermore a significant divergence between a stock s price and the stochastics can often indicate a future reversal For example it can be a bearish signal if a stock s price makes a lower high but the stochastics makes a higher high or if the price makes a higher high but the stochastics makes a lower high Likewise it can be a bullish signal if the price makes a higher low but the stochastics makes a lower low or if the price makes a lower low but the stochastics makes a higher low With the formula you can directly find stocks with a D above below a certain number in increments of 5 or with the Stochastic line above below the D line If Report only on first occurrence is checked then the formula will just look for the exact moment of that relevant crossover above below O 2011 Garsworld Inc All rights reserved 31 SMA This formula is based on the Simple Moving Average indicator which measures the average price of a stock over a certain number of bars and unlike the EMA the SMA does not give more recent data extra weight in the calculation With the formula you can find stocks with a price above below the SMA by a certain 96 with the SMA above below another SMA or with the SMA sloping up down by a certain If Report only on first occurrence is checked then the formula will just look for the exact moment the specified condition is satisfied Support Resistance
35. ent or a more recent bar than the Start at bar selection e g Start at bar Current and End at bar Current o the current price must be at least X above or below the low price of the previous bar e g Start at bar 8 bars ago and End at bar Current o the current price must be at least X above or below the low price of the bar 9 bars ago e g Start at bar 8 bars ago and End at bar 5 bars ago o the closing price of the bar 5 bars ago must be at least X above or below the ow price of the bar 9 bars ago Gain Loss from Open Use this to find stocks that have gained or lost at least X since the opening price of the current bar or a previous bar The Start at bar menu chooses how far back in time to start measuring the gain loss since 1 e Current means that it will start measuring just since the opening price of that same bar Previous means that it will start measuring since the opening price of the previous bar etc The End at O 2011 Garsworld Inc All rights reserved 24 bar menu chooses how recent of a price to compare to the opening price of the current bar or a previous bar If the End at bar is set to Current then it will use the last traded price of the stock but if the End at bar is set to a previous bar then it will use the closing price of that bar The End at price selection should always be Current or a more recent bar than the
36. ew IV Always remember username and password Alert Sounds ae Sound to play for new chat posts Chimes 2 v Sound to play for private chat posts Chimes 1 Y Sound to play for filter or stock alerts Dinger Y Window Behavior Font size for chat text 10 Y Snap to Stocks tab upon sounded alerts Filter Behavior Keep showing stocks that no longer match for 15 minutes Here you can change your username for the forum If Always remember username and password is checked you won t have to type them in each time you open the program Here you can choose what sounds if any to play for new chat posts You can also select a sound to play whenever a stock alert is triggered or a new stock appears in an active filter that has its Sound alert setting turned on Here you can change the font size for posts in the Forum If Snap to Stocks tab upon sounded alerts is checked whenever a stock alert is triggered or a new stock appears in an active filter that has its Sound alert setting turned on in Filter Manager the program will automatically switch over to the Stocks tab When a stock has appeared in an active filter but then later no longer satisfies that filter s requirements you can specify here how many minutes to keep showing that stock anyway 2011 Garsworld Inc All rights reserved 38 FEEDBACK TECH SUPPORT We love hearing from our users and prospective users If you have any questio
37. formula you can find stocks with the Up Aroon or Down Arron above below a certain number or with the Up Aroon above below the Down Aroon If Report only on crossover is checked then the formula will just look for the exact moment of that relevant crossover above below Bollinger Bands This formula is based on the Bollinger Bands indicator which plots a moving average in between an upper and a lower band based on a standard deviation number which you can specify The indicator can help show the changing volatility of a stock the strength of a trend and potential tops and bottoms With the formula you can find stocks with certain Bollinger Band characteristics Donchian Channel This formula is based on the Donchian Channel indicator which plots the highest and the lowest closing prices of the recent trading range and is useful to spot breakouts and breakouts With the formula you can find stocks that break out above the upper Donchian Channel line or break down below the lower Donchian Channel line O 2011 Garsworld Inc All rights reserved 28 EMA This formula is based on the Exponential Moving Average indicator which measures the average price of a stock over a certain number of bars while giving more recent data more weight in the calculation With the formula you can find stocks with a price above below the EMA by a certain with the EMA above below another EMA or with the EMA sloping up down by a certain 9o If Report
38. licking in one of the small white circles at the top of the window C richere G Lightonbisk Cliente Lghtongay C Datkon vite Colt scheme C lect G Lahtenbhe C Ligtengay C Dak onwbie seme Lightonblack Cliente C Laktongay C C pontick Close C Unas CD 2011 Garsworld Inc All rights reserved 16 Setting Alerts for Specific Stocks You can set an alert to be notified when a stock rises or falls to a certain price goes up or down by a certain 96 or satisfies certain technical analysis formulas e g when one moving average crosses another moving average or when an indicator value reaches a certain number To pop up the window to set an alert for a stock double click its row in the stock list or click it once and click the Set Stock Alerts button You can also highlight multiple stocks at once by holding down the SHIFT key for stocks grouped together or CTRL key for stocks not grouped together while clicking them before you click Set Stock Alerts The window below will then pop up where you can set the alert s You can once again highlight multiple stocks in the left column if you want to set the same alert for them Set Stock Alerts p xi Control click to select multiple stocks Alert by price Enter zero to disable price alerts Apply to These Stocks f Price falls to ae 0 00 Current price 21 30 EXPE Expedia Inc C Price rises to l C Price falls Wm z Pie des from current price p
39. losing price or current price for the most recent bar if the Start at Bar menu is set to Current is above vs below the closing price of the previous bar Candlestick Patterns Use to find stocks that have certain candlestick shapes or patterns that are often considered bullish or bearish Histogram Bars Use to find stocks that have a particular pattern of MACD Histogram bars The MACD Histogram indicator is an alternate way of representing the regular MACD indicator which is described below You can require a pattern of MACD Histogram bars across up to 6 bars for each Histogram Bars formula Red Green Bars Use to find stocks that have a certain sequence of red and or green bars across up to 4 bars for each Red Green Bars Formula You can also require that particular bars have certain relative size compared to the previous bar Note that Bar 1 is the most recent bar and Bar 4 is the earliest bar Accumulation Distribution This formula is based on the Accumulation Distribution Line indicator which measures the money flow into and out of a security based on volume and where bars close in relation to their range The more buying pressure there is the higher the Accumulation Distribution Line will go and the more selling pressure this is the lower the Accumulation Distribution Line will go When this indicator matches the trend of the stock s price it can often provide confirmation for the move And when the indicat
40. mproved EXPONENTIALLY since using this service My profits have increased exponentially Why trade alone if you don t have to Bounce your ideas off other traders Get ideas from other traders For the price StockVision is THE BEST on the net T had lost lots of money when I bought amp held during the bubble and then decided to trade I had lots of offers from high priced trading schools but none that I saw were honest I found the Glarsworld site and subscribed I m SOLD on it made my cost back the first day I used money to trade and have been profitable ever since Probably one of best kept secrets in the industry StockVision isn t just a stock screener but so much more I purchased StockVision a little over 2 years ago and I love it Overall it s simple enough on the surface for beginners to use yet there are also powerful features that more advanced traders can take advantage of The creator of the software is in the chat room daily and takes feature requests and provides free updates It has increasingly become more customizable which is particularly useful for intermediate and advanced traders All in all I don t think there s anything else out there that even remotely comes close especially considering the low price not a clunky java based chat room web based charts or some other thrown together tool It s a marvel of software engineering that runs on your desktop mac or pc The founder is there e
41. n apply components Duplicate Delete Update 5 31M r Settings 12 4 10 1 341 2 1 Grid Colors Zoom tf As with the previous chart there is an interval menu a zoom slider and a list of indicators you can double click to add remove However there are many new options too Available Components ation Distributior 4 You can customize the period or other settings of an indicator by clicking on its name typing a number in the lower textbox es and then pressing TAB or clicking the Update button You can also add gridlines to certain indicators at particular numerical levels using the Grids button e g for RSI at the commonly used levels of 70 and 30 You can customize the colors of each indicator by clicking its name and then clicking Colors r Ave True Range Bollinger Bands Donchian Channel EM EM 2 EM 3 Keltner Bands MACD MACD Histogram Money Flow Index Pivot Points RSI Slow Stochastic xl You can also make a new copy of an indicator by clicking its Double click to apply and a web cemeorents name and then the Duplicate button This is useful to show lots Duplicate Delete wwe uma Of different moving averages at the same time for example To get rid of a duplicate indicator click its name and then click the Step e Delete button Finally you can also choose between 4 different chart color schemes by c
42. n you click the stock s row SV Score a unique proprietary indicator in StockVision that ranks each stock based on its recent strength weakness according to several different technical analysis criteria e g accumulation distribution above below a key moving average breakout breakdown overbought oversold in an uptrend downtrend MACD crossover MACD curve presence of a reversal pattern etc Greater weight is given to the criteria that have been more accurate lately so the SV Scores have the ability to self adjust as market patterns change Chg the gained or lost from the previous day s closing price Open the gained or lost from the current day s opening price Beta shows how volatile a stock has been over the past month or so The higher the number the more volatile the stock Aggressive traders often like trading more volatile stocks Note that this StockVision Beta measurement is not related to the market as a whole and differs from how the term beta is often used in other contexts Streak shows how many days in a row a stock has gone up or down based in relation to the previous day s closing price Gap what the stock is expected to open above gap up or below gap down its previous closing price based on where the stock is trading during pre market For the U S Market this number will start updating O 2011 Garsworld Inc All rights reserved 11 around 8 30am and traders often sort
43. ns comments or suggestions feel free to email us at queries garsworld com We also have a frequently asked questions page located at www garsworld com F AQ htm We often include user recommendations in future upgrades of the software TESTIMONIALS amp REVIEWS Here are just some of the many positive comments users have written about our software The true power of this software is what I ve always wanted but never could find If you love using technicals this is the scanner for you StockVision is among the best love the real time indicators and the ease of use Great forum among best on the net Everyone else that sells stock screening software pumps their product up with hype This is truly the best one I have come across Trading 1s scary enough for me but this gives me confidence I love the live forum too At Best Trading Software I have used Screens that list Breakouts Breakdowns Gap up gap down big volume cheap action shorts sudden plunges I could go on and on Great screening software The forum is good too This should help your trading Definitely take the free trial only email required Very affordable too O 2011 Garsworld Inc All rights reserved 39 You can t beat this anywhere It s just THE BEST Very short learning curve Find out for yourself Try the one week trial for free You ve got nothing to lose and everything to gain My trading has i
44. old Overbought positive MACD or negative MACD The MACD choices use a proprietary method to predict likely market direction The Step number determines how many bars to use to measure the existence of the market condition O 2011 Garsworld Inc All rights reserved 25 Price Volume Constraint You can add this formula to a filter to only show stocks within a certain price range and or only those stocks that trade at least a certain number of shares a day on average If the Override default settings checkbox is checked the filter will only follow the numbers you put here and will completely ignore the Price and Volume Screen settings in your Stocks tab Note that the minimum volume amount must be entered in thousands of shares K without using commas e g 500 would mean 500 000 shares and 2500 would mean 2 500 000 shares Time Constraint You can add this formula to a filter to have the filter only start scanning for stocks after the market has been open for a certain amount of time and or stop scanning for stocks a certain amount of time before the market closes Trend Use to find stocks that are in an uptrend or a downtrend over a certain number of bars which you can specify You can choose how steep the trend s slope must be ranging from 0 5 to 10 This formula measures the trend by using the percent change of a moving average Volatility Use to find stocks that have an average volatility per bar above a minimum
45. only on first occurrence is checked then the formula will just look for the exact moment the specified condition is satisfied Keltner Channels This formula is based on the Keltner Channel indicator aka Keltner Bands which is similar to the Bollinger Bands indicator described above but sets the upper and lower bands using ATR average true range instead of the more volatile pure standard deviation With the formula you can find stocks with a price that goes above the upper band or below the lower band If Report only on crossover is checked then the formula will just look for the exact moment of that relevant crossover above below MACD This formula is based on the popular Moving Average Convergence Divergence indicator which is often used as a trend following momentum indicator The MACD line which is the difference between the Short step EMA and the Long step EMA crossing up above the Signal line which is the Signal EMA is a common buy signal and the MACD line crossing down below the Signal line is a common sell signal The MACD line crossing above zero is a bullish signal because it represents when the Short step EMA is crossing above the Long step EMA and the MACD line crossing below zero is a bearish signal because it represents when the Short step EMA is crossing below the Long step EMA With the formula you can find stocks with the MACD line above below the Signal line with the MACD line above below zero o
46. ontaining a custom list of symbols one per line by clicking the Import button Note that symbols in your imported list that are not also contained in the Master List will not appear in the software Sector and Industry menu Here you can choose to display stocks only from a specific industry The sectors are ranked according to how much accumulation distribution they have experienced in the current or most recent session Show stocks checkbox When this is checked regular stocks will be shown in the stock list Show ETFs bull checkbox When this is checked bull ETFs will also be shown in the stock list Bull ETFs are exchange traded funds for a particular index market sector commodity or currency that go UP when the price of their underlying component s JVCREASES Certain bull ETFs ultra and 3X ETFs incorporate leverage which makes their price movements more volatile Note that 3X ETFs are only intended to be day traded and are prone to gradually decaying when held overnight especially for long periods of time Show ETFs bear checkbox When this is checked bear ETFs aka inverse ETFs will also be shown in the stock list Bear ETFs are exchange traded funds for a particular index market sector commodity or currency that go UP when the price of their underlying component s DECREASES Certain bear ETFs ultra short and 3X ETFs also incorporate leverage which makes thei
47. or goes against the trend of the stock s price it can signal a possible reversal in the stock With the formula you can find stocks with the Accumulation Distribution Line in an uptrend or a downtrend over a certain number of bars which you can specify You can choose how steep the trend s slope must be ranging from 0 5 to 5 To detect convergence or divergence from price you can create a filter with both this formula and the Trend formula 2011 Garsworld Inc All rights reserved 27 ADX DMI This formula is based on the Average Directional Index ADX and the positive and negative Directional Indexes DI and DI The combined indicator is commonly used to measure the strength of a stock s trend It plots each line on a scale between 0 and 100 with the DI representing the upward pressure and the DI representing the downward pressure the higher the ADX the stronger the trend With the formula you can find stocks with the DI above below the DI with the ADX above below the DIs or with the ADX above below a certain number If Report only on crossover is checked then the formula will just look for the exact moment of that relevant crossover above below Aroon This formula is based on the Aroon indicator which also can be used for measuring trend strength It contains an Up Aroon line and a Down Aroon line which are both plotted on a scale between 0 and 100 the higher the number the stronger the trend With the
48. ora 4 ma 4 m man am mc a amm 4m mr To remove an alert click its row and then click the Remove Alert button 2011 Garsworld Inc All rights reserved 18 THE FILTER MANAGER TAB This tab is primarily for creating new filters or editing existing filters A filter is simply a group of individual formulas that represent certain conditions all or some of which a stock must satisfy in order to appear in the stock list in the Stocks tab when the filter is turned on RES iter Manager SET Papertrade j n o Component info Filter name Multiday Upside Potential Sort by Timestamp Description Stecks coming off a yearly low that are likely Color D Sound set reversing an E Publ Export Import Classify as M Bullish Bearish M Favorite Filter List Gar s Swing Trades long ADX DMI Bollinger Squeeze long Daily chart 14 above 40 Bollinger Squeeze short High Low Distance Gain Loss from Close Caving Daily chart lt 10 00 above 52 wk low Daily chart Gain gt 0 00 Overbought Trend Gain Loss from High Oversold Daily chart LIptrend 4 slope 0 50 Daily chart Gain gt 0 00 Big Buy Volume Gain Loss from Low Penny Ante Daily chart Gain gt 0 00 AM Gap Up Pl Gai oss from Open Gar s Swing Trades short Daily chart Gain gt 0 00 Snappers Gap Up Down Cheapie Breakouts Pre market Gap down gt 1 00 Penny Ante Darkside High Low Distance
49. r price movements more volatile Once again note that 3X ETFs are only intended to be day traded and are prone to gradually decaying when held overnight especially for long periods of time Active traders commonly use bear ETFs to be able to profit from down days in the market and these ETFs can sometimes be a safer alternative to short selling individual stocks Find textbox Use to search for a certain symbol and jump to it in the list Export button Click to save the current list of stocks to your computer News button Click the stock row you want to see news for and then click this button to pop up a window containing recent news stories mentioning the stock O 2011 Garsworld Inc All rights reserved 13 The Filter Selection Column Filters are primarily configured via the Filter Manager tab but this part of the Stocks tab is where you actually run the filters on the stock list All Filters Bullish Click in one of these small white circles to see a C Favorite Filters Bearish specific sub list of filters To add a filter to the Filter Selection Favorite Filters list click the Favorite button The off All Stocks other filter lists are set up via the Filter Manager tab Quick Filter Parabolic Screamer Multiday Upside Potential off Lunar Bounce off Trap Door extreme off Trap Door moderate off Daytrader s Bounce off Penny Ante Darkside off AM Gap Up off AM Gap Down Bollinger Squ
50. r with the Signal line above below zero If Report only on first occurrence is checked then the formula will just look for the exact moment of that relevant crossover above below O 2011 Garsworld Inc All rights reserved 29 Money Flow Index This formula is based on the Money Flow Index MFI indicator which is used to measure the strength of money flowing into or out of a stock It is similar to RSI described on the next page but also takes volume into account A MFI above 80 is usually considered overbought and a MFI below 20 is usually considered oversold When stocks are overbought they are more likely to have some kind of pullback at least in the short term and when stocks are oversold they are more likely to have some kind of bounce at least in the short term However keep in mind that when a stock has very powerful momentum higher lower it can often stay overbought oversold for a very long time With the formula you can find stocks with a MFI above or below a certain number in increments of 5 If Report only on crossover is checked then the formula will just look for the exact moment the MFI crosses above below that number Pivot Points This formula is based on the Pivot Points indicator which identifies levels of likely support and resistance each day for the current day based on the stock s movement the previous day There are 3 levels of potential support below the previous day s closing price
51. rice would be Alert by formula You can add formulas by double clicking Applied Formulas STOCK COMPONENTS Gain Loss from Close Daily chart Gain gt 0 00 Gain Loss from Hig Daily chart Gain gt 0 00 Gain Loss from Lo Daily chart Gain gt 0 00 Gain Loss from Open Daily chart Gain gt 0 00 Gap Up Down Pre market Gap down gt 1 00 High Low Distance Daily chart lt 1 00 below 52 wkhic v Keep alert alive after it fires Remove Stock s Clear All Modify Remove Cancel Alert By Price Section Price falls to Type a price number in the upper textbox to set an alert for when the stock reaches that exact lower price Price rises to Click the small white circle here and type a price number in the upper textbox to set an alert for when the stock reaches that exact higher price 2011 Garsworld Inc All rights reserved 17 Price falls 95 Click the small white circle here and type a number for the percent decrease you want to be notified of e g type 1 50 to set the alert for when the price goes down by 1 5 Price rises 6 Click the small white circle here and type a number for the percent increase you want to be notified of e g type 2 75 to set the alert for when the price goes up by 2 75 Alert By Formula Section Instead of a price alert you can alternately set an alert based on a simple techni
52. rt produces a picture of the price and volume action of that stock it can reveal footprints that the smart money is leaving behind while placing their bets as well as reveal when aggressive funds and momentum traders have likely over reacted during the short term Furthermore as of the last couple of years the majority of trades in most stocks are made automatically by computer algorithms and how these algorithms are designed to act and interact with each other can further contribute to commonly recurring chart patterns on an intraday basis too Moreover because lots of traders rely on technical analysis itself certain chart setups tend to be partly self fulfilling Real time stock screening software that has powerful and customizable technical analysis capabilities can enable you to find and profit from all kinds of these recurring patterns as well as help you adapt as the patterns evolve That s where Stock Vision comes in and why it is a must have for serious traders and aspiring traders 2011 Garsworld Inc All rights reserved 4 All 3 factors in play support Resistance VTrend V Momentum 11440 filter Your list Formula Real Time Formula Formula Master list 1800 FORMULA MEASURES stocks Support resistance Trend Momentum or a combination of these 2011 Garsworld Inc All rights reserved TABLE OF CONTENTS Navigating The Software
53. that really wants to buy a lot of shares in that same price range Trading is thus all about supply amp demand and speculating on what the larger speculators will do Although some large market participants may be speculating based on the company s fundamentals it is important for you to understand that most everything there is know about a company is already reflected in its chart 1 e in its price movement and volume The movement of a stock is the result of thousands of investors placing their O 2011 Garsworld Inc All rights reserved 3 bets so the stock s chart is essentially a giant opinion poll containing far more useful information than you could ever learn by studying the company yourself The stock s chart will already reflect every piece of relevant knowledge and news about the company because the large market participants that drive the price movement have huge research departments that can quickly interpret news about it as it breaks and that constantly follow every single aspect of the company including going out in person to investigate and personally interviewing the entities that do business with the company There isn t anything you can learn about a publicly traded company that is not already known by lots of other people The good news is that you can get a powerful edge if you can properly interpret a stock chart and be alerted to the presence of reliable patterns in a timely fashion Because a stock cha
54. ther you cancel it yourself or it executes Submit Order Click this button once you have finished entering your trade information in the Trade Panel in order to submit your order Once your order executes your trade will be displayed in the Open Positions section at the bottom of the screen Note that although your orders will execute in real time during regular market hours the Open Positions section updates on a slightly delayed basis Clear Only click this button if you want to delete the trade information currently shown in the top Trade Panel sym Order Description Status INTC Buy 100 20 00 limit GTC order To cancel an open order you can click on its row in the center right section and then click the Cancel Order button Cancel Order Click the Trade History button located on the left to open a pop up window that list the previous trades you made You can reset your entire Papertrade account by clicking the Reset All Balances button 2011 Garsworld Inc All rights reserved 35 THE FORUM TAB The StockVision Forum is a live chat room where you can post messages to the entire group and have private chats with other users It is a great place to discuss individual stocks and learn about new trading strategies z Chat Color r Show in Black To post a chat message to the entire group type your message in the bottom white rectangle and click the Post Chat button or
55. very day and welcomes suggestions for software improvement Read Gar s story the founder understand his passion for what he does and then try a free trial and see the fantastic community of traders In my 20 years of investing I ve never seen anything like it I have paid for the product one hundred fold and with the free trial you receive full service for a week absolutely free Warning If you do the trial you ll be hooked for life Simply put This is the master of all stock screeners and you can talk to the mastermind behind the product most days in the chat room AMAZING 2011 Garsworld Inc All rights reserved 40 Garsworla Connecting traders around the world 2011 Garsworld Inc All rights reserved 41
56. very high volume tend to be more trustworthy market moves on very low volume tend to be more tenuous Note that this number is not useful during pre market TICK During regular trading hours this shows the number of stocks that just traded higher than their previous last price minus the number of stocks that just traded lower than their previous last price If the net result is a very large green number then this often suggests that conditions are getting temporarily overbought and there might be some kind of short term pullback soon If the net result is a very large red number then conditions may be temporarily getting oversold so there could be a short term bounce soon 2011 Garsworld Inc All rights reserved 8 EMini Futures U S Market only After regular trading hours end from about 4 00pm to 6 30pm and then the next day before regular trading hours begin from about Midnight to 9 30am this shows how much higher lower the E mini S amp P 500 futures contract is trading If this number is at least a 500 green number just before 9 30am then the stock market will usually have a decent sized gap up 1 e most stocks will open a bit higher than the price they closed at the previous day Likewise if this number is at least a 500 red number just before 9 30am then the stock market will usually have a decent sized gap down 1 e most stocks will open a bit lower than the price they closed at the previous day

Download Pdf Manuals

image

Related Search

Related Contents

PowerDNA DNA-AI-205 Analog Input Layer – User Manual  7MB - HCP  MANUAL DO USUÁRIO  Vivitek D3355 Projector User Manual  CPU Specifications and Operation CPU Specifications and  Janome 300E Sewing Machine User Manual  

Copyright © All rights reserved.
Failed to retrieve file