Hey traders,

Lately I have been developing scans and watch list parameters and would love some input from fellow traders. Here are a few ways I develop watch lists for the following day...

52-Wk High List: For this list I record all the 52-wk high’s at the close of the trading session and after a few days I go back to the list and look for any that have formed my entry setup. Pretty simple, Great Trends, Strong fundamentally, and by limiting stocks less than 15 dollars, I have been quite successful with finding winners.

You can do the same with the 52-Wk Low’s and Shorts.

Strong Volume Gainers: For this, I pull up lists of the strong volume gainers and look for a hammer candlestick with a tail which undercuts the most recent low or a low within the past 30 days. This allows for defined exit and in combination with my entry rules a very high probability trade.

I experimented with Stocks that undercut the lower Bollinger Bands, buying over the high of the low day, however very few are in uptrend’s and I do not have enough statistical data for those that are in uptrend’s and fall down to their lower BB to make any conclusions or theories.

Any comments input or strategies are much appreciated. Thanks everyone!

I am interested to find watch lists developed using 200D-ma crossing a 50D-ma or 10D-ma crossing a 20D.-ma. As I am primarily a swing trader my timeframe is anywhere from 2 days to roughly 2wks.