Author: Admin Benj

Here is a basic yet powerful long trade setup. We’ll explore the exact chart configurations that signal promising entry points for your trades. Think of this setup as your trading compass – it helps point you in the right direction when market conditions align. Before we dive into the specific entry criteria, let’s confirm you’ve…

The MomentumDetector scanner is designed to work seamlessly with any trading software platform you prefer. While it specializes in scanning functionality, we recommend using it along a trading software that can display the number of trades per bar (as distinct from volume). As detailed in our post about stock validation methodology, monitoring trade rate per…

Position Sizing Success in trading isn’t just about finding the right stocks – it’s about protecting your capital through robust risk management practices. In this article, I’ll share essential principles that every trader should implement to build a sustainable trading career. Understanding Position Sizing Position sizing is a crucial concept that determines how many shares…

Getting promising candidates from a stock scanner is just the first step in your trading journey. It’s important to understand that a stock scanner is not a complete buy/sell system – think of it as your initial filter. To make well-informed trading decisions, you need additional confirmation methods before considering any position. Before analyzing chart…

Traditional volume scanners compare trading activity by analyzing how current volume differs from historical averages at specific minute of the day. For instance, they might compare trading volume at the 8:46 AM minute to the average volume at that same minute over the past 10 days. When current volume significantly exceeds the historical average, these…

In intraday trading, we define an explosive stock as one that demonstrates exceptional price movement, typically exceeding 30% within a single trading session. The U.S. stock market’s vast size and high trading volume create frequent opportunities for such dramatic price actions. MomentumDetector’s primary mission is to help you identify these high-potential stocks before their significant…

A high momentum stock exhibits strong directional movement and maintains enough trading activity to sustain its trajectory. This sustained movement is powered by trading intensity, which we measure by the number of trades executed per second. There are many reasons why trading is challenging. This challenge stems from both human nature and the fundamental characteristics…

The U.S. stock market pre-market session runs from 4:00 AM to 9:30 AM ET, and it’s become an increasingly attractive trading window for day traders. Before the COVID-19 pandemic, many day traders avoided the pre-market session, citing low liquidity (though the real issue was often a lack of momentum). Most focused exclusively on the market…