Swing Trading Price Retracement Bollinger Bands

Swing Trading Price Retracement Bollinger Bands Image
RUN IN STOCK SCREENER
(3)

This screen uses the Bollinger Bands indicator more specifically the lower bollinger band. To define the relationship between price and the lower bollinger band, two custom filter were used

Day TradingSwing TradingBreakout Trading
Momentum
Shared by user chartmill - 5 years ago

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Stock Screener Settings

ETF: No ETFs

only stocks

Exchange: US Only

personal preference

Average Volume: 50 SMA > 200K

to ensure that there is sufficient liquidity

(previousClose<lowerBBand)

first custom filter : previous close must be lower than the lower bollinger band (extreme)

(close>previousHigh)

second custom filter : current high is higher than the high of the previous candle (reversal bar after the first custom filter)

Price VS SMA: Price Above SMA(200)

long term trend positive

Price: Above 3

stocks priced too low are sometimes too easy to manipulate

Chart Settings

daily charts

Regional Run

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.