The extra screening features can be used for identifying stocks ABOVE, BELOW or near HIGH and LOW of their Standard Deviation of 5 day volatility Range.
Also It Screens stocks near their Intraday Highs and Lows.
Using the above 2 parameters , we quickly identify stocks with a potential intraday pullback from their PIVOT, SUPPORTS or RESISTANCE.
Screening STEPS to follow on GadBAd PRO for finding stocks with a potential pullback at Pivot Point:
- Filter for A rating stocks.
- Filter Volatility column ABOVE , BELOW, NEAR HIGH and NEAR LOW.
- Filter Stocks NEAR Intraday HIGHS and LOWs
- Filter Stocks NEAR and ON PIVOTS ( same can be used for R1 R2 S1 S2 etc)
Example video below:
The above screening was done between 11:45 and 12 pm
The EOD charts shows the stocks had a pullback at the pivots. This is what we screened for using the GadBad Pro