Features
Market Filters Functionality
- Innovative methods of scoring and ranking each stock in the market, making technical analysis easier
- Scan the entire market to find top-ranked stocks using your strategies on current market data
- View and analyze back-test results of many pre-made buy strategies
- Back-test your custom scans to test and refine
- All the tools are web-based, nothing to download or setup
- Filters can be more complex than simple technical indicators (example: find stocks that had more negative periods than the indexes had positive ones over the last month)
- Combine any number of filters to create your own buy signal for analysis and scanning
- Add stocks to a watchlist and track their progress
- See the historical movement of scores and ratings
- No programming involved
- Access to a library of complex indicators
- Multiple years of granular market data, not just end-of-day
- New types of technical indicators can be added any time
- No software to install, use it from any computer
- Get reports on your strategies on current data during market hours - No need to wait until after the markets close
- Access to data from multiple exchanges, tracking almost 10,000 stocks, updated over 15 times per day
- No need to purchase separate data feeds for backtesting, it's all in our database
Market Filter Scans
Create your own combination of filters for a scan then run it over the entire market. These scans are run against current market data. You are shown the top 20 stocks that fit your scan and the score they received.
Example filter result, which was scanning for stocks that had taken a large price drop recently:
Back-testing
Once you have identified a buy signal, the next step is to test it over historical data. Market Filters will use your signal and simulate trading over years of data. No programming or extra data feeds are required. It's as simple as a few mouse clicks but very powerful. Use this analysis to validate any effective buy signals or weed out any ineffective ones.
Back-test results are emailed to you once finished. The email contains various statistics on the performance of the signal plus the list of transactions it made.
Example back-test result, which was moderately profitable using the CCI indicator:
