A User Guide : RZone Stock Scanner & Back-testing platform on all charting types

Six other conditions can also be selected for exiting.

You can select one or multiple conditions for exiting from the above options. An exit in a backtesting report will be considered if one of these criteria is met.

In the output window, Total trades, total %age returns, Average return per trade, Success ratio, risk-reward ratio and Expectancy of each stock are shown.

On noiseless charts such as P&F and Renko, we take entry and exit at the close of the day in which the entry and exit criteria were met. This is a conservative approach but gives you a realistic picture.

You can also check the total average performance for the group at the bottom of the report. These total average numbers are carefully calculated and give you an idea of the average performance of strategies on multiple stocks. Clicking on the stock name opens a detailed report with additional statistics and trade-wise information.

It is also important to note that there is no limitation on the number of symbols that can be included in the group. You can backtest even the Nifty 500 stock group at a time.

Strategy Ranker

This is an idea of Definedge that sorts strategies in any symbol according to your preferences.

With Strategy Ranker, you can test numerous strategies and rank them by success rate, risk-to-reward ratio, average return or expected return.

The program does a back test for each strategy during back testing and reports the number of trades, average return per trade, success rate, risk-to-reward ratio and expectancy. You can sort the method using the column of your choice. This feature helps you to test multiple strategies on a stock at a time in a single click.

Breadth

In this section, there are numerous breadth indicators available.

This menu offers popular breadth indicators like Advance-decline and Indicator-based breadth options. There are also breadth indicators based on P&F, Renko and Line-break charts. The user can choose any indicator from the OHLC Indicator menu to plot it as a breadth indicator.

The period and group you want to plot the breadth indicator on should be chosen. You have an option to select the chart scrip below which you wish to plot the breadth indicator.

You can turn any indicator that you are using into a breadth indicator.

Here is a quick introduction to some breadth indicators.

To start learning about breadth indicators, click here.

RZone is the only platform that allows you to scan all groups, sectors and indices for breadth indicator conditions.

Select the market segment and breadth indicator. All the groups of the exchange you have selected (both pre-defined and your groups) will have the breadth indicator run on them by the scanner, which will then display the breadth data for each group. The results are also available in bar chart format and can be exported as CSV file.

You can turn any indicator that you you use into a breadth indicator and scan groups based on that.

Here is a quick introduction to some breadth indicators.

To start learning about breadth indicators, click here.

Seasonality

Select the month and group of instruments of your choice.

By scanning, you will get the historical average performance of each stock in that group during that specific month. A green box indicates a positive performance for that month, whereas a red box indicates a negative performance.

You can also get to know the yearly performance in the last column. At the end of the report, the average annual performance and positive-to-negative ratio for that month are shown for the seasonal analysis of the instrument.

This scanner can swiftly do a seasonal analysis for a specific month and identify stocks for investing and trading.

RZone is the only platform that allows you to scan stocks based on seasonality.

You can easily find stocks that performed well in a particular month in the past. Select the month and group of instruments of your choice.

Upon scanning, you will learn about the historical average performance of each stock in that group in that particular month. It will also show how many past months have been positive for that instrument.

With this, you can easily find stocks that performed well in a particular month in the past.

This scanner can help you quickly perform seasonal analysis for a particular month and help shortlist candidates for investment or trading.

Matrix: Price & RS

Matrix is a unique feature developed by Definedge.

It is a method of scoring and quantifying various technical studies to simplify trading decisions.

As the name suggests, the All chart matrix feature fetches data for all types of charts across multiple timeframes. It is a multi-chart and multi-timeframe matrix table.

The scores are assigned for each stock based on the simple price action in 3 different timeframes. The score is 1 when price action is bullish and 0 when it is bearish. The total score will help you pick bullish or bearish candidates on various charts and multiple timeframes.

The P&F Matrix is a complete price matrix table developed by Definedge. It assigns points based on the recent column's pattern using the unique features of the P&F chart.

The matrix scores are calculated and displayed for 4-different values (timeframes). The performance score is calculated based on the price pattern of each stock in the P&F chart. The performance score essentially captures the broad trend. The strength or weakness of the swing move is used to determine the ranking score. The Ranking score is calculated based on the strength or weakness of the swing move. A positive score is bullish for the instrument, and a negative score is bearish.

You can also save the stock as a group or export the matrix table as a CSV file.

Relative Strength is referred to as RS. The values of an RS Matrix are determined using the RS chart.

RS Matrix is the same as the P&F price matrix, but the calculations are performed on the RS chart instead of the price.

The RS matrix scores are calculated in the Relative Strength chart on four separate box values (timeframes), but the scoring rationale is the same as the P&F matrix. The ranking score is generated based on the outperformance or underperformance of the swing move, whereas the performance score is based on the price pattern in the RS chart.

For the instrument, a positive score is bullish (shows outperformance), whilst a negative score is bearish (shows underperformance). You can export the matrix table or save the stock as a group.

The P&F and RS Matrix tables are combined to create the Fusion Matrix. It records the complete price and relative strength scores across multi-timeframes.

Developed by Definedge, this is a complete price, RS and multi-timeframe matrix that allows you to find bullish and outperforming or bearish and underperforming stocks on any group of stocks at a glance.

The price and RS chart are combined to provide the overall performance and ranking scores. For the instrument, a positive score is bullish, whilst a negative score is bearish. Other data is also included in the Fusion Matrix, including setup and net score. A negative net score indicates bearish divergence. Similarly, a bullish divergence between price and RS is shown when the net score is positive.

To learn more about the Fusion Matrix, click here.

Developed by Definedge, the Ultimate Matrix is a distinctive and exciting method for determining the relative strength of the instruments forming part of a group.

In this feature, we compare the performance of each constituent of the group with their peers in the group. The Performance of each instrument is compared with every other instrument of the group, and a score of 1 is assigned if the performance is bullish and a score of 0 is a bearish signal. The instrument with a higher total score would outperform most of the group's instruments.

The instrument that outperforms the majority of other instruments in the group will have a better overall score. Scores in this matrix are calculated using P&F charts.

To learn more about the P&F Ultimate matrix, click here.

Ultimate Renko Matrix is similar to the Ultimate P&F Matrix, but the calculation is based on Renko charts instead of P&F.

The performance of each instrument is compared with every other instrument of the group in this matrix. The score is one if the performance is bullish, and the score is 0 if it is bearish. The instrument with a better total score outperforms most of the group's instruments.

The relative strength pattern for each candidate is calculated using the Ratio trend matrix while considering the price behaviour of the numerator, denominator and ratio chart.

Flying, Lion and Bullish stars are bullish RS patterns. Drowning, Cat and Bearish star are bearish RS patterns. These patterns are developed by Definedge and explained in the Relative Strength book in the Shelf section.

RS pattern is identified on the past number of days you mentioned in this matrix. Score 1 is assigned for a bullish RS pattern and 0 for a bearish RS pattern. Higher the score, better it is for the instrument.

To learn more about the Ratio trend matrix table, click here.

MTF Ultimate Matrix calculates the P&F Ultimate matrix on multiple box values (timeframes), and the total score is also captured. In essence, it is a multi-timeframe Ultimate Matrix table that calculates the performance of each instrument in the group against all other instruments of the group.

The score is calculated on short-term, medium-term, and long-term time frames. This feature helps identify bullish or bearish instruments compared to every other instrument in the group on multiple timeframes.

Table

This table provides a quick snapshot of the performance of instruments of any group of scrips across all market segments.

The returns over Daily, Weekly, Monthly, Half-Yearly, Annual, 3-year, 5-year and 10-year periods are displayed for all the stocks.

To check the performance, the user can choose a specific period's start and end date. By selecting "save as chart," you can view the performance in a graphical format.

Additionally, you can save the stocks depending on various conditions in a group and conduct additional research in that group. The output can also be exported in CSV format.

The price of each instrument in the group is shown in this table for a daily, weekly, monthly, quarterly or yearly timeframe. You can also set a look-back period for historical data and export the results as a CSV file.

Pivot calculations are popular tools for identifying the instruments' support-resistance and breakout price levels. They are used on multiple different timeframes.

We have added multiple pivot calculations to this table. You can see the price levels daily, weekly, monthly, quarterly or yearly timeframe for any group of instruments or any market segment.

The user can choose from various calculations such as Pivot, Fibonacci, Fraction, Camarilla, D Pivot, and Central Pivot Range calculations.

D Pivot is a unique way of identifying support-resistance levels. After selecting Group/Index, users can switch to any pivot table in just one click. Likewise, Watchlist-EOD users can set Timeframe and Look-Back Period.

Click here to know about Pivot levels in detail.

The value of the selected indicator for any group of scrips over any timeframe is represented in this table. By specifying a look-back period, you can also check historical data.

You can select any indicator on any charting method. This feature can help you to sort or find the stocks based on the indicator level. The output can be saved as a group or exported in CSV format.

This table shows the value of selected indicators for each stock on a given timeframe and type of chart.

Select the Market, Group of stocks, Charting type, and timeframe. Please select one or more indicators of your choice and scan them.

The report will show the value of all the selected indicators for each stock in the group. You can export the file in CSV format or save the output as a group.

Price Scanners

This scanner helps identify the stocks that qualify a particular pattern or trading strategy of your choice. This scanner can allow you to scan stocks based on price, indicator or strategies on bar, candlestick or line charts.

You can run this on any market segment and in any chosen timeframe.

There are pre-defined patterns and strategies in this segment based on candlestick charts. You can also create your own strategy or use public systems to identify stocks qualifying for that strategy.

You can scan stocks for any strategy you have created on OHLC charts in the system builder of RZone.

All types of trading Strategies in this segment can be scanned in the candlestick chart, bar chart, line chart, and the Vayda bazar patterns.

You can also run the scanner on past data by choosing an appropriate look-back period. You can also save the output in a group or export the result in the CSV file format.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

This scanner helps identify the stocks that qualify a particular pattern or trading strategy of your choice. This scanner can help you scan stocks based on price, indicator or strategies on P&F charts.

You can run this on any market segment and in any chosen timeframe.

There are pre-defined patterns and strategies in this segment based on P&F charts. You can also create your own strategy or use public systems to identify stocks qualifying for that strategy.

You can scan stocks for any strategy you have created on P&F charts in the system builder of RZone.

All types of trading Strategies on the P&F can be scanned in this segment. This segment has pre-defined patterns and strategies based on the P&F chart. You can also create your own strategies or use public systems to identify stocks qualifying for the chosen strategy.

You can define the box value, chart type, reversal value, and timeframe for running the scanner. You can run it for various price patterns, indicators, or combinations.

There are two options in this scanner: Running and Fresh. The running scanner captures the stocks in the follow-through column. Fresh signal shows the stocks that have triggered fresh signals in the current session only. You can also run the scanner on past data by choosing an appropriate look-back period. You can also save the output in a group or export the result in the CSV file format.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real time.

This segment has pre-defined patterns and strategies based on the Renko charts. You can also create your own strategy or use public systems to identify stocks qualifying for that strategy.

You can scan stocks for any strategy you have created on the Renko charts in the system builder of RZone.

When running the scanner, you can select the brick value, the type of chart, and the time period. It can be used on different price patterns, indicators, or combinations of both. By setting the look-back period, you can also use it on historical data. The output can be saved as a group or exported in CSV format.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

This scanner will help identify the stocks on the line-break charts that meet the criteria for a specific pattern or trading strategy of your choice. This scanner can help you scan stocks based on price, indicator or strategies on the Line-break charts. You can run the scanner on any market segment and timeframe.

There are pre-defined patterns and strategies in this segment based on line-break charts. You can also create your own strategy or use public systems to identify stocks qualifying for that strategy.

You can scan stocks for any strategy you have created on the Line-break charts in the system builder of RZone.

You can select the desired line-reversal value, chart type, and timeframe when running the scanner. You can use it on different price patterns, indicators, or combinations of both. If you set a look-back period, you can also use it on historical data. The output can be saved as a group or exported in CSV format.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

This scanner will help identify the stocks on the Kagi charts that meet the criteria for a specific pattern or trading strategy of your choice. You can run the scanner on any market segment and timeframe.

This segment has pre-defined patterns and strategies based on the Kagi charts. You can also create your own strategy or use public systems to identify stocks qualifying for that strategy.

You can scan stocks for any strategy you have created on the Kagi charts in the system builder of RZone.

You can define turnaround criteria, chart type and timeframe for running the scanner. You can run it for various price patterns, indicators, or combinations. You can also run it on past data by selecting the required look-back period. You can save the output in a group or export the result in CSV.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

This scanner will help identify the stocks on the Heikin-Ashi charts that meet the criteria for a specific pattern or trading strategy of your choice. You can run the scanner on any market segment and timeframe.

This segment has pre-defined patterns and strategies based on the Heikin-ashi charts. You can also create your own strategy or use public systems to identify stocks qualifying for that strategy.

You can scan stocks for any strategy you have created on the Heikin-ashi charts in the system builder of RZone. Click on the Ztrend box to run it on Ztrend charts. You can also run it on past data by selecting the look-back period. You can save the output in a group or export the result in CSV format.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

RS Scanner

Definedge RS charts are unique tools that allow you to scan outperforming and underperforming stocks using the relative strength P&F charts.

P&F Relative Strength scanners can help you identify the stocks that qualify a particular pattern or trade strategy of your choice on the P&F Relative Strength chart. You can run that on any market segment and timeframe.

This segment has pre-defined patterns and strategies based on the P&F chart. You can also create your own strategies or use public systems to identify stocks qualifying for that strategy.

You can define the box value, chart type and reversal value, timeframe, and denominator for running the scanner. You can run the scanner on various price patterns, indicators, or combinations. The user can also choose the group of stocks and timeframe to run the scanner. You can also run it on past data by setting a look-back period. The user can save the scanner output as a group or export the result in a CSV format.

If you have created a strategy in P&F charts in the System builder of RZone, you can apply the same strategy on RS charts and scan the stocks for that strategy in this section. Select the 'My' option to see your system builder trading strategies.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

Click here to learn more about Point & Figure Relative Strength Scanner.

Definedge RS charts are unique tools that allow you to scan outperforming and underperforming stocks using the Renko Relative Strength charts.

Renko Relative Strength scanners can help you identify the stocks that qualify a particular pattern or trade strategy of your choice on the Renko Relative Strength chart. You can run that on any market segment and timeframe.

This segment has pre-defined patterns and strategies based on the Renko chart. You can also create your own strategies or use public systems to identify stocks qualifying for that strategy.

You can define the brick value, chart type and reversal value, timeframe, and denominator for running the scanner. You can run the scanner on various price patterns, indicators, or combinations. The user can also choose the group of stocks and timeframe to run the scanner. You can also run it on past data by setting a look-back period. The user can save the scanner output as a group or export the result in a CSV format.

If you have created a strategy in Renko charts in the System builder of RZone, you can apply the same strategy on RS charts and scan the stocks for that strategy in this section. Select the 'My' option to see your system builder trading strategies.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

Click here to know more about that strategy.

Definedge RS charts are unique tools that give you an opportunity to scan outperforming and underperforming stocks using the Ratio Relative Strength charts.

Ratio scanners can help you identify the stocks on the Ratio that qualify for a particular pattern or trade strategy of your choice. You can run that on any market segment and timeframe.

This segment has pre-defined patterns and strategies based on the Ratio chart. You can also create your own strategies or use public systems to identify stocks qualifying for that strategy.

You can define the timeframe and the denominator for running the scanner. You can run the scanner on various Ratio patterns, indicators, or combinations. It can be used on different ratio patterns, indicator combinations, stock groups, and timeframes. If you set a look-back period, you can also use it on historical data. You can save the output in a group or export the result in CSV format.

If you have created a strategy on the ratio charts in the System builder of RZone, you can scan the stocks for that strategy in this section. Select the 'My' option to see your system builder trading strategies.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

RS indicator is a popular relative strength indicator plotted below the candlestick chart. We call it the RS-Alpha indicator.

There is another RS indicator developed by Definedge called RS-Alpha and Volatility indicator.

Select the required indicator, the group of stocks and the denominator. You can also define the look-back period of the indicator or select the date from which you want to check the performance.

The output displays the RS value (the value of the indicator), performance (return of the stock for that period), ratio rank of the instrument, and trend and status of the indicator for all stocks from the selected group.

You can also run it on past data by setting a look-back period. You can save the output in a group or export the result in CSV format.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

Click here to know more about Relative strength indicators.

The Top-down approach scanner is designed using P&F chart properties.

For any group of stocks or market segments, you can choose one or two box values, the reversal value, and you must also choose two denominators for this indicator. Top-down and multi-denominator are the two options. The top-down approach scanner will compute the performance of the stocks based on the price for denominator one and the performance of denominator one versus denominator 2. This allows you to identify stocks based on sector performance (denominator 1) versus index performance (denominator 2) and stock performance versus sector.

Selecting a multi-denominator will compare the performance of stocks to the two denominators you have chosen.

We graded the stocks based on the pattern. You can sort the list of instruments using the final score. Specifying a look-back period can also be used with historical data. The output can be saved as a group or exported in CSV format.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

Click here to learn more about the Top-down approach scanner and the scoring system.

A performance-based ranking table can calculate stock returns and rank them accordingly.

The performance of the instruments is calculated over four different periods, following the work of William O'Neal: Period 1 (60 days), Period 2 (120 days), Period 3 (180 days) and Period 4 (240 days). As a result, the stock returns for period 1, periods 1 to 2, 2 to 3, and 3 to 4 are calculated and scored. Period 1 is weighted at 2, but any other weightage can be assigned.

The standard deviation of the period's returns is also calculated, illustrating the volatility of the period's returns. The Sharpe ratio is calculated for each period based on the returns generated and the volatility during the period. The higher the Sharpe ratio based on returns versus volatility matrices, the better the performance. The score is assigned to the stocks based on returns generated over the periods defined.

The scanner can also run in various timeframes. You can even run it on historical data by specifying a look-back period. The output can also be saved as a group or exported as a CSV file.

Eagle scanner combines multiple scanners related to P&F patterns, RS patterns and 52-week high low. Scanner output shows below mentioned things.

FAST is a method to trade continuation patterns in stocks in a strong trend.

FAST stands for Follow-through to Anchor column with small stop-loss in strong trending stocks.

This simple scanner shows the strongest trending stocks in the selected group of stocks for that session.

The strong trend is calculated based on the range-breakout and outperformance of the instruments. A good strategy for trading such stocks would be to trade breakout patterns that provide trading opportunities with smaller stop-loss in a shorter timeframe.

You can save the output stocks as a group and run other price or RS scanners on them. You can also save them as a CSV file. You can save the output stocks as a group and run other price or RS scanners on them. You can also save them as a CSV file.

Our Top Gainers Top Losers Scanner brings you real-time data and will assist you in finding scrips with significant price changes. This scanner provides a comprehensive snapshot of the top gainers and losers of the selected group.

Select market and group of stocks. You can mention how many stocks you want to see in the top gainers or losers list. The default is 20. The scanner output shows the top 20 gainers or losers with a 10-day average volume and the volume percentage change.

This scanner helps you save time and effort by quickly identifying the most impactful gainers and losers. You can save the output stocks as a group and run other price or RS scanners. You can also save them as a CSV file.

Indicator Digger

The indicator digger section allows you to dig every indicator and extract important information from it.

You can also select EOD or intraday timeframes for scanning the stocks in the Indicator Digger section. All scanning results on EOD or intraday timeframes in this segment are in real-time.

In the ADX scanner, you get the information about the ADX indicator reading of each instrument in the group you have selected.

The percentage change reading in the ADX line shows the increase or decrease in the volatility of the indicator. The difference between DMIs shows the strength of the trend. The trend of DMIs and comments on ADX trends will help you analyse the stocks based on ADX behaviour.

You can change the parameter of the indicator for scanning. You can also export the result in the CSV file. Interestingly, you can run it on any charting method.

The indicator digger section allows you to dig every indicator and extract its important information.

In the Bollinger Band scanner, you get the information about the Bollinger Band indicator reading of each instrument in your selected group.

The band percentage difference helps you understand the range or volatility. A narrow difference suggests that there is a band convergence or volatility contraction. Change in the Middle band shows the strength of the trend. The trend of the band and the price position in the comments section will help you analyse the stock based on the Bollinger Band indicator.

You can change the parameter of the indicator for scanning. You can export the result in the CSV file. Interestingly, you can run it on any charting method.

The indicator digger section allows you to dig every indicator and extract important information from it.

In the RSI scanner, you get the information about the RSI indicator reading of each instrument in the group you have selected. The difference between the RSI and the Average indicates how far the RSI line has moved from its average. A high percentage indicates strong momentum and a high disparity with its average line. RSI percentage change shows the momentum of the stock. RSI and average line comments and the RSI trend comments can help the user analyse the stocks based on the RSI indicator.

You can change the parameter of the indicator for scanning. You can export the result in the CSV file. Interestingly, you can run it on any charting method.

Click here to know about RSI indicator in detail.

The indicator digger section allows you to dig every indicator and extract important information from it.

In the Donchian channel scanner, you get information about the Donchian Channel indicator reading of each instrument in the selected group.

The percentage difference between the bands helps you understand the range, volatility, and high and low levels in the band period. A narrow difference indicates that there is a band convergence. Change in the Middle band captures the strength of the trend. The trend of the band and the price position mentioned in the comment section can help analyse the stock based on the Donchian indicator.

You can change the parameter of the indicator for scanning. You can export the result in the CSV file. Interestingly, you can run it on any charting method.

Click here to know about Donchian indicator in detail.

The indicator digger section allows you to dig into every indicator and extract important information from it.

In the Ichimoku indicator scanner, you get information about the Ichimoku indicator reading of each instrument in the chosen group. You can obtain information on the cloud range and price distance from TL and KL lines, the distance between TL and KL lines and the distance between the price and the clouds. Future Kumo cloud reading is also mentioned in it. The comment column mentions when multiple conditions are qualified based on the indicator reading.

You can change the parameter of the indicator for scanning. You can export the result in the CSV file. Interestingly, you can run it on any charting method.

Click here to learn more about the Ichimoku indicator.

The indicator digger section allows you to dig every indicator and extract meaningful information from it. In the Ulcer Index indicator scanner, you get information about the Ulcer Index indicator reading of each instrument in the chosen group.

A rising ulcer index is bearish, and a falling ulcer index is bullish. You can read the values of the 10-period and 50-period high of the indicator and the remarks based on the breakout of the indicator. The remark on the average line is based on the crossover of the long-term ulcer index period.

You can change the parameter of the indicator for scanning. You can export the result in the CSV file. Interestingly, you can run it on any charting method.

Click here to learn more about the Ichimoku indicator

Volume Scanners

The price volume matrix is a unique way of looking at the price and volume pattern.

You can select the number of bars and run the scanner on a group of stocks of your choice.

The bars are scored based on the price and volume action. If the price is bullish with a higher volume, the score is positive, and if it is bearish with a higher volume, then the score is negative.

You can read the total score and the positive percentage that shows how many bars have been positive. The total positive score indicates the stock is bullish with higher volume, and the total negative score shows that the stock is bearish with high volume.

You can save the result in a group or export it to a CSV file.

You can also select intraday timeframes for scanning the stocks in the Price volume matrix scanner. All scanning results on EOD or intraday timeframes in this segment are in real-time.

Volume scanner provides all relevant information about trading volume in various timeframes.

The table displays the percentage change in volume compared to the previous session, the 5-period average and the percentage change, the 10-period average volume, the percentage change, and the 20-period volume and the percentage change. This table will give you an idea about the liquidity of the stock and its volume pattern.

You can change the timeframe as well. You can export the result in the CSV file.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

The candle volume analysis scanner will help you identify the stocks based on the candlestick chart pattern and the volume.

The candle strength, the candle type and the candle size columns show the strength of the candle. The comment section helps you understand more about the pattern and the volume.

You also have an option to run it on past three candles instead of just the single session. It is a helpful feature.

You can run this scanner on the timeframe of your choice. You can export the result in the CSV file.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

This scanner identifies stocks where there is unusual volume recorded during the session.

You can run this scanner on the market segment and group of stocks of your choice. It compares the 20-period average volume of all instruments.

It is unusual if the volume exceeds 100% of the 20-period average volume. You can change the period and volume percentage requirement.

You can save the output as a group or export it as a CSV file.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

This scanner identifies stocks with a volume surge in the current session.

You can run this scanner on the market segment and group of stocks of your choice.

It compares the 10-period volume of all instruments. You can change this period. According to a theory, people also compare 52-period volume on instruments to identify volume spurts.

You can select the average or highest volume for the specified period. It's a volume spurt whenever it exceeds the specified period's highest or average volume.

With default parameters, instruments recording the highest volume of the last ten sessions will appear in the output window. You can save the output as a group or export it as a CSV file.

You can also select intraday timeframes for scanning the stocks. All scanning results on EOD or intraday timeframes in this segment are in real-time.

D Scanners

D Scanners is a unique feature comprising sectoral technical performance studies.

Developed by Definedge, D Sector is a unique and exciting method of analysing sector performance. Displayed in a bubble chart format, it captures the sectoral performance compared to other indexes.

A score for each sector is determined based on the formula below and presented as a bubble chart.