Kreslik.com - traders community since 2006

Hey TRO and others,

What market scanners do you guys use nowadays? I remember there was a pretty nifty one you use to use TRO, but I forgot what it was called. Could you let me know? Thanks.

Market Scanners?

www.stockfetcher.com is a stock service that I pay for so I can run my statistics reports.

www.smallcapcenter.com has a free stock scanner.

I think yahoo and msn have free scanners too.

But I don't look for what stocks to trade anymore. I just "milk the cows".

I think this is the best stock screener i have used till date.

http://www.marketinout.com

I basically use it to backtest, and search for stocks based on Ichimoku events.
Helpful for developing and testing trading strategies. Supports Stocks, Forex and ETF. I think it is much better than most other available in the market.

Thanks for sharing, trader.dan

trader.dan wrote:I think this is the best stock screener i have used till date.

http://www.marketinout.com

I basically use it to backtest, and search for stocks based on Ichimoku events.
Helpful for developing and testing trading strategies. Supports Stocks, Forex and ETF. I think it is much better than most other available in the market.

I agree. I like http://www.marketinout.com because there are huge amount of screens including thomas demark, ichimoku, macd&rsi diveregnces, fibonacci, etc. I can test my trading systems by using strategy backtesting tool which gives the ability to setup parameters like open/close signals, s/l, t/p...very cool

trader.dan wrote:I think this is the best stock screener i have used till date.

http://www.marketinout.com

I basically use it to backtest, and search for stocks based on Ichimoku events.
Helpful for developing and testing trading strategies. Supports Stocks, Forex and ETF. I think it is much better than most other available in the market.

It has been almost a month since I discovered www.marketinout.com and it has been very useful...so just wanted to say [schild=1 fontcolor=000000 shadowcolor=C0C0C0 shieldshadow=1]thank you[/schild] Dan

Tools are fine, but the biggest problem is knowing where to look! Setting up the right criteria for a search is the real challenge, because the sheer number of variables, and their permutations and combinations, make the number of possible results very large.

TBH personally I dont see the point in backtesting the usual mechancial indicators i.e Moving average crossovers, macd crossovers etc..
How can a mechanical signal make you money, deosnt make sense when these indicators are derived from the actual Price and Volume and supposedly they give you imaginary buy and sells.
there is so many of these indicators personally I think they cancel each other out over the long term. JMO and am open to be persuaded..

Hi Tro, have you a list of Statistical Analysis that you carry out?

Many thanks!

You have listed good scanners really, thanks, but can anyne suggest me the best one with ability to backtes a stock screening strategy?

jupiter12 wrote:You have listed good scanners really, thanks, but can anyne suggest me the best one with ability to backtes a stock screening strategy?

What do you mean by stock screening strategy backtest? Is it portfolio backtesting, or you trade only few stocks and would like to test them on history?