This screen finds stocks that are being sold by large players based on the Effective Volume indicator. Whether the stock offers a good short entry point is to be determined on a case by case basis.
A more in depth description of the Effective Volume indicator which measures accumulation and distribution by large players
A collection of screens to find good short trading candidates.
Effective Volume looks at intraday volume to analyze accumulation and distribution by large players
In this video I am going to share with you 5 different short screening ideas which will help you to find the best short trading setups.
This filter finds stocks with a Daily Effective Ratio below -4%. This means that during the last 5 days, on average 4% of the daily volume was distributed by large players.
This excludes stocks with a daily average volume below 1 million.
The effective volume indicator is shown on the charts.
Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.