January 30, 2022
A few weeks ago I added A new type of scan that I call “back-to-back”. It enables you to Find stocks giving a specific signal up to 3 consecutive days. For example, which stocks you can scan Falls below the 50-day moving average one day and rises back above the 50-day moving average the next day.
To use it, just select the desired signal by order and date first signal. Here are a few ways to use this scan that came off the top of my head:
The possibilities are nearly endless, which will give you even more ways to segment your market.You can access back-to-back scanners through the main End of day scan page (Research menu -> end-of-day scan)
How is this different from a combined scan
In its simplest form, combo scans allow you to find stocks that have triggered multiple signals on the same day.
It can also be used with date ranges, but it does not consider the order in which the required signals are emitted. All it does is check for the presence of all required signals with a date range.so These signals may all occur on the same day, or in the reverse order you want.
Back-to-back scans find only Stocks that emit specified signals in the exact order specified. It cannot be used to find multiple signals on the same day.
