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Screener for technical analysis of stock trends

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Technical analysis requires a lot of processing even after narrowing down on stocks that fit your shortlisted criteria. This is in continuation of our previous post about stock screener which is called “Live Scanner” on Fyers One. Here I will show you another feature which is useful to get data of stocks which are trending based on our pre-set algorithms. To properly understand the stock screener features in continuity, you should read our previous post.

Needless to mention, stock screeners are the most important and useful features for traders. It helps you progress from inefficient ways of tracking the stock market movements. For instance, if you want to keep a track of bullish FNO scrips, you cannot possibly do it manually because traders have:
• Lack of processing capacity
• Lack of multi-tasking ability
• Lack of time

The above-mentioned reasons are very real and I strongly recommend that you use our stock screener which can do the task in a fraction of a second. Get actionable information that you can immediately use to trade and potentially make better trading decisions than what you would be able to make otherwise using other old trading platforms which are not equipped with advanced features.

Fyers One trend scanner 1

To scan stock trends, click on “Tools” in the main menu and select “Trend Scanner”.

Fyers One trend scanner 2

The Trend Scanner window will show you a set of scrips with qualified conditions which are technically important. You can select stock trends based on your view on the stock market. You can choose from:
• Bullish
• Bearish
• Others
• All

Once you select any one of the above you will get results based on pre-set algorithms which will screen the underlying stock trends accordingly. You narrow down the search in your screener by choosing different stock market indices. Choose from:

• Over 18 different industry groups
• Over 30 different indices
• 180 Underlying F&O Scrips

This wide variety of choices give you a lot of flexibility to find which stocks and sector you want to focus on. It is designed to cater to the changing needs of a trader. Stock analysis is generally a time-consuming process but on Fyers One, you will get a significant trading advantage. We believe that a trading platform should give you all the necessary tools and equipment that can help you make money.

Fyers One trend scanner 3

Add to Watchlist – If you want to track a stock which shows up in Trend Scanner, you can add to your watch list by clicking on the highlighted button as shown in the image above. You can create multiple watch lists on Fyers One. As you can see, we have created a sample to show you. You can also add the same stock to different watchlists from here. Also, you can remove stocks from your watchlist if you don’t find it useful anymore.

Fyers One trend scanner 4

Let’s assume we you are bullish on the stock market and especially the Nifty 50, you can click on the “Bullish” icon as shown in the image above. As you can see you will get stock screener based on your choice and you can use them accordingly. Take a look at:

SBIN – The screener shows that SBI is 3% above 14 Daily Moving average at 3:29 PM.
SUNPHARMA – The screener shows that it is crossing above the open price and average traded price for the day at 3:29 PM just before the stock market closing.

You can use such information to immediately view the stock chart and see if there is any opportunity to trade it. These screeners are real-time so it can be useful for intraday trading and positional investments. Regardless of your approach, this tool gives you additional information which can help you in several ways.

I recommend you use Fyers One and explore these features. Upgrade your trading platform and feel the difference!

Tejas Khoday

Tejas Khoday

Tejas is the Co-Founder & CEO at FYERS, the youngest team to get NSE’s broker license. He has a specialization in finance and has over 10 years of work experience spanning across proprietary trading, risk management, and broking. Tejas & his team started FYERS, a technology-focused brokerage as a mission to transform the trading/investment landscape in India.

27 Comments

  • Avatar moise says:

    But wanna admit that this is very beneficial, Thanks for taking your time to write this.

  • Avatar Raj says:

    Why is double exponential moving average indicator is missing in the chart?

  • Avatar Faizal Somani says:

    DEAR TEJAS
    Even when i disable 52 week high/low in LIVE SCANNER of fyers one platform. The stocks making near 52 week high/low percentage wise are Displayed continuously in the list. How can i get rid of this unwanted data while selecting stocks.

  • Avatar suresh says:

    Please explain website developing cost of intra day/ EOD technical analasys for NSE, bse stocks. And other countries.

    • Tejas Khoday Tejas Khoday says:

      Hello Suresh, it’s free! We don’t charge anything for Fyers One as long as you use it to trade with us.

  • Avatar ANANDAN NATARAJAN says:

    Dear Tejas,
    I just want to ask do u have screeners which i Use all time in a different platform but its not real time I am looking for real time data
    the screener I am using is
    Price rising on unusuaal volume, price crossed resisitance and 52 week high , psar below price
    is it possible to set a screener with above criteria on real time , if u say yes the next thing I want to do is open an account with u
    Many Thanks
    Anand

    • Tejas Khoday Tejas Khoday says:

      Hi Anandan, I guess you are mistaken. The screeners you mentioned are real time on Fyers One. It’s just that it gets updated every 15 seconds. (We have mentioned this at the bottom of the window).

      Custom Indicators are not available yet but a wide variety of pre-built indicators can be useful without having to manually search for trading opportunities.

  • Avatar Swaraj says:

    Sir I have given feedback to your persons. Please introduce the features I have requested

  • Avatar Ramanuj says:

    Good much better than amibroker. Surprised that I dont need to pay. Very good demo given by Hari.. keep it up!

    • Tejas Khoday Tejas Khoday says:

      Thx for the compliments Ramanuj. Yeah we have a transaction-based business model so we don’t charge for software.

  • Avatar Faheem_ says:

    Ouch, Why give such things for free when you can charge monthly fees?

  • Avatar Technicalstar says:

    Tejas all this analytics is good but do clients want to understand it?? This cannot replace an advisor.

  • Avatar kanchan gupta says:

    sir
    i want the following screening conditions in realtime screener

    1.RSI>=70,price>= R1 in 5 min time frame
    2.RSI=<30,price<=S1,in 5 min time frame

    R1/S1 classic pivot value based on yesterday hi/lo/cls

  • Great stock market analysis tool for a regular trader, by using this traders can get very useful info.

  • Avatar Aditya says:

    You’ve got interesting content here. Your blog can go viral, you need some initial traffic only.

  • Can I customise the filter of trend saner as per my choice? And what all the filter are available?

    • Tejas Khoday Tejas Khoday says:

      Hi Sunil, of course you can. As mentioned in the post, you can choose from over
      30 different indices, 18 + industry groups and F&O scrips.

  • Avatar Shiv says:

    Is this real time?

  • Avatar Siddhant says:

    Plz give examples of how to use

  • Avatar Jayesh says:

    How should i use this during trading?

    • Tejas Khoday Tejas Khoday says:

      Jayesh this tool is mainly useful if you know what you want to track.
      Let’s say you’re bullish and you want to buy large cap stocks, you could
      use this screener to find out which of the large stocks are most bullish
      so you can buy them based on your views. You can also filter using different
      indices etc. Once you know what you may like, look into the charts and other
      indicators.

    • Tejas Khoday Tejas Khoday says:

      let’s say you have chosen Sun Pharma among the screened stocks. You can
      then open the chart of Sun Pharma and analyze whether there is an opportunity.
      You can also look at a host of other things like comparison of peer stocks etc.
      before actually trading immediately. You can also add shortlisted stocks to your
      watchlist.

      Hope this helps.

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