alerts & filters in power e*trade pro strategy scanner
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Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 1 of 67
Alerts & Filters in Power E*TRADE Pro Strategy Scanner Power E*TRADE Pro Strategy Scanner provides real-time technical screening and backtesting based on predefined and custom strategies. With custom strategies, you can not only select and customize alerts, but you can also set filters to further define the types of stocks and situations that will qualify. This degree of customization can make your strategies even more focused and precise, and give you a significant edge in the markets. This document provides descriptions for all Strategy Scanner alerts and filters. Click either of the following links to navigate directly to a particular section: Alerts – Technical alerts and chart patterns (e.g. new highs/lows, moving average crossovers, and double bottoms) Filters – Conditions that must be met for an alert to be generated (e.g. minimum/maximum price, volume, and gap size) To set alerts and filters for your strategies, simply select Strategy Setup from the My Strategies menu in the Strategy Scanner window. This will bring up the Strategy Alerts tab of the Strategy Setup dialog box, where you can select and customize the alerts in your strategy. Click the Strategy Filters tab to customize filters. For more information on setting alerts and filters, please visit the Power E*TRADE Pro Help Center.
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
New High
New highs or lows for the number of days specified in the Quality field. Also shows the number of days since the price was higher or lower.
Number of days used to determine new highs or lows. The default is 0, which will return all new highs and lows for the day’s current session; a value of 365 will return results based on prices over the past year.
New Low
New High Ask
New high asks or low bids (based on prices during the current session) for a minimum number of shares. Not active in the 30 seconds before or 60 seconds after market open.
Minimum number of shares attached to new high asks or low bids for the day’s current trading session. New Low Bid
New High (Filtered)
Filtered new highs or lows for the number of days specified in the Quality field. Also shows the number of days since the price was higher or lower. Unlike unfiltered new highs (above), when the price of a stock changes many times in quick succession, only one of these alerts will be generated (typically no more than one per minute). Exception: If the price increases more than the stock’s volatility would suggest, a new alert will be shown.
Number of days used to determine new highs or lows. The default is 0, which will return new highs and lows for the day’s current session; a value of 365 will return results based on prices over the past year.
New Low (Filtered)
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
New High Ask (Filtered)
Filtered new high asks or low bids (based on prices during the current session) for a minimum number of shares. Not active in the 30 seconds before or 60 seconds after market open. Unlike unfiltered new high asks and low bids, when the price of a stock changes many times in quick succession, only one of these alerts will be generated (typically no more than one per minute). Exception: If the price increases more than the stock’s volatility would suggest, a new alert will be shown.
Minimum number of shares attached to new high asks or low bids for the day’s current trading session
New Low Bid (Filtered)
New High Bid (Filtered)
Filtered new high bids or low asks (based on prices during the current session) for a minimum number of shares. Not active in the 30 seconds before or 60 seconds after market open. When the price of a stock changes many times in quick succession, only one of these alerts will be generated (typically no more than one per minute). Exception: If the price increases more than the stock’s volatility would suggest, a new alert will be shown.
Minimum number of shares attached to new high bids or low asks for the day’s current trading session
New Low Ask (Filtered)
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Pre-Market Highs
New pre-market highs or lows for the number of days specified in the Quality field. Also shows number of days since the price was higher or lower. Screens pre-market prints only, but uses prices from regular market sessions to determine what qualifies as a new high or low.
Number of days used to determine new highs or lows. The default is 0, which will return all new highs and lows based on the day’s current pre-market session; a value of 365 will return results based on prices over the past year.
Pre-Market Lows
Post-Market Highs
New post-market highs or lows for the number of days specified in the Quality field. Also shows the number of days the price was higher or lower. Screens post-market prints only, but uses prices from regular market sessions to determine what qualifies as a new high or low.
Number of days used to determine new highs or lows. The default is 0, which will return all new highs and lows based on prices in the current post-market session; a value of 1, on prices during the current day’s regular session; and a value of 365, on prices over the past year.
Post-Market Lows
75% pullback from lows (Close)
From the previous close, following a stock’s price down to a low, an alert will be generated when the stock regains 75% or 25% of the move from the previous close. The amount of the pullback from the low must be at least $0.01 to generate an alert.
Amount of the pullback to the high from the low before an alert is generated
25% pullback from lows (Close)
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
75% pullback from highs (Close)
From the previous close, following a stock’s price up to high, an alert will be generated when the stock pulls back 75% or 25% of the move from the previous close. The amount of the pullback from the high must be at least $0.01 to generate an alert.
Amount of the pullback to the high from the low before an alert is generated
25% pullback from highs (Close)
75% pullback from lows (Open)
From the open, following a stock’s price down to a low, an alert will be generated when the stock regains 75% or 25% of the move from the open. The amount of the pullback from the low must be at least $0.01 to generate an alert.
Amount of the pullback to the high from the low before an alert is generated
25% pullback from lows (Open)
75% pullback from highs (Open)
From the open, following a stock’s price up to high, an alert will be generated when the stock pulls back 75% or 25% of the move from the open. The amount of the pullback from the high must be at least $0.01 to generate an alert.
Amount of the pullback to the high from the low before an alert is generated
25% pullback from highs (Open)
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
75% Pullback From Lows
From a high, following a stock’s price down to a low, an alert will be generated when the stock regains 75% or 25% of the move from the high. The amount of the pullback from the low must be at least $0.01 to generate an alert. To start the session, the alert will use either today’s opening price as an initial high (if it is higher than the previous close) or the previous close.
Amount of the pullback to the high from the low before an alert is generated
25% Pullback From Lows
75% Pullback From Highs
From a low, following a stock’s price up to high, an alert will be generated when the stock pulls back 75% or 25% of the move from the low. The amount of the pullback from the high must be at least $0.01 to generate an alert. To start the session, the alert will use either today’s opening price as an initial low (if it is less than the previous close) or the previous close.
Amount of the pullback to the low from the high before an alert is generated
25% Pullback From Highs
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Check Mark
Generated if a stock’s price moves: For a check mark – From a new high to a new low, then to another new high For an inverted check mark – From a new low to a new high, then to another new low Note: Alert will not be generated before the open or during the first three minutes of trading. The last part of the pattern must occur at least three minutes after open.
No Quality field available
Inverted Check Mark
% Up For The Day
Stock price moves up or down—from the previous close—by the percentage specified in the Quality field.
Percentage change from the previous close used to generate the alert. The default and minimum are 3%.
% Down For The Day
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Standard Deviation Breakout
Stock price moves up or down—from the previous close—by the standard deviation specified in the Quality field. Note: Standard deviation for these alerts is based on a year's worth of volatility data—with recent data weighted more heavily, and the formula scaled so that "1" represents a standard deviation for one day.
Change in standard deviation from the previous close used to generate the alert. The default is 1. Always rounds up to the next integer.
Standard Deviation Breakdown
Crossed Daily Highs Resistance
Stock’s price crosses above or below any previous day’s high or low (for the first time since the end of that previous day). A subset of the high/low alerts, these are used to report an established new high/low—e.g. a new high from a 5-day high.
Number of days used to determine crossings. The default is 0, which will return all crossings based on the previous day’s high or low; a value of 365 will return results based on the 52-week high or low. Crossed Daily
Lows Support
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Large Bid Size
Generated when a stock has an unusually high number of shares on the best bid/ask. Alert can show: Size Increasing – Number of shares is increasing for the large lot bid/ask Price Increasing – Price is increasing for the large lot bid/ask Price dropping – Price is dropping for the large lot bid/ask Note: These alerts are generated only for stocks with an average daily volume of less than 3,000,000 shares.
Number of shares in the bid/ask required to generate the alert. A value of 10,000 shares is the minimum, unless the stock typically trades under 1,000,000 shares per day, in which case the minimum value is 6,000.
Large Ask Size
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Market Crossed
Bid price of a stock is higher than the ask price. These alerts are automatically filtered so that if the market is crossed several times in quick succession only one alert will be shown. Not intended for arbitrage—most crossed markets resolve in 1–2 seconds. The Crossed Market alert types are: Market Crossed – All crossings are reported Market Crossed Up – An ECN is reporting a higher bid than ask on the stock’s primary market Market Crossed Down – An ECN is reporting a lower ask than bid on the stock’s primary market
The spread required to generate the alert (default 0.0001)
Market Crossed Up
Market Crossed Down
Market Locked Bid and ask prices of a stock are the same. If the market is locked several times in quick succession, you’ll only be notified the first time.
No Quality field available
Large Spread Alert will be generated if the specialist's spread for a NYSE stock suddenly gets large—$0.50 or more. If the spread changes multiple times in a short period, you’ll only be notified the first time.
No Quality field available
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Trading Above
Occurs when someone buys a stock for more than the best ask price or sells for less than the best bid. If multiple alerts are generated close together, only one will show (though the number of occurrences will be noted in the alert description).
The number of times trade activity occurs in a short period before an alert will be generated
Trading Below
Trading Above Specialist
Occurs when someone buys a stock for more than the best ask price on the NYSE or Amex specialist’s book or sells for less than the best bid. If multiple alerts are generated close together, only one will show (though the number of occurrences will be noted in the alert description).
The number of times trade activity occurs in a short period before an alert will be generated
Trading Below Specialist
Offer Stepping Down
The stock has a large number of shares on the offer. (The minimum size on the offer is different for different stocks.) The best offer price is exactly one penny above the last sale price. The sale price drops, and the large offer follows it. The prices must drop at least one more time in this way before the first alert is generated. Another alert is generated each successive time the price steps down in this way—with filtering added to remove noise.
No Quality field available
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
NYSE Buy Imbalance
Occurs only near the end of the trading day; these are based on the specialist's market on close orders. If there are more shares desired on the buy side for a stock than the sell side it is a "buy imbalance." If more orders are on the sell side then the buy, then we call it a "sell imbalance."
Size of the imbalance as a percentage of the total number of shares traded that day for the stock
NYSE Sell Imbalance
Crossed Above Open
Generated any time a stock crosses above or below the day’s open. During the pre-market session, the previous day’s open will be used as the crossover point.
Number of seconds since the last time a stock triggered the alert (or from the open, for the first alert of the day). The default is 0, which will show every crossover; a value of 60 will return results only if the price remains above or below the open for 60 seconds before crossing again.
Crossed Below Open
Crossed Above Close
Generated any time a stock crosses above or below the previous close. During the post-market session, the close of the current day’s regular market will be used as the crossover point.
Number of seconds since the last time a stock triggered the alert (or from the current day’s close, for the first alert of the post-market). The default is 0, which will show every crossover; a value of 60 will return results only if the price remains above or below the close for 60 seconds before crossing again.
Crossed Below Close
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Crossed Above Open (Confirmed)
Generated any time a stock crosses above or below the open or the previous close. For opening crossovers, during the pre-market session, the previous day’s open will be used. For closing crossovers, during the post-market, the close of the current day’s regular session will be used. To increase the likelihood that each alert is significant, statistical information—based on time volume and price—is used to confirm the move. This can cause a slight delay between event and alert delivery.
No Quality field available
Crossed Below Open (Confirmed)
Crossed Above Close (Confirmed)
Crossed Below Close (Confirmed)
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Sector Breakout (From Open)
Reports a breakout or breakdown if a stock is performing better or worse—relative to its opening price—than the rest of the sector. Not available for indexes, or during the pre-market. Note: Alerts are based on an algorithm that seeks to identify an index best suited as an indicator for the stock, based on a comparison of intraday moves and other statistical information. The index is often specific to the stock’s sector, but may represent the broader market. For some stocks, no index is appropriate, and no results are returned.
Percentage difference from the expectation for the stock based on sector performance (minimum value 1%)
Sector Breakdown (From Open)
Sector Breakout (From Close)
Sector Breakdown (From Close)
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Positive Market Divergence
Reports a breakout or breakdown if a stock is performing better or worse—relative to its price from the previous close—than the overall market, as represented by the tracking stock for the Nasdaq-100 (QQQQ).
Percentage difference from the expectation for the stock based on market performance (minimum value 1%)
Negative Market Divergence
Consolidation Generated when a stock’s price range is narrowing, as determined by divergence from a pre-calculated volatility; evaluated on average every 15 minutes.
Quality of the consolidation. Range is 2–10, with 10 being the strongest. A consolidation value of 2 (the default) is considered strong.
High Relative Volume
Volume for the stock is higher than normal for the time of day, relative to the average volume at that time over several recent days. Data is reviewed every 15 minutes.
Ratio of the current volume over the historical volume at which an alert will be generated. A value of 1.5 is the default and minimum.
1 minute volume spike
Similar to the High Relative Volume Alert, this alert triggers when volume is higher than normal for a time of day for a given stock compared to a historical baseline. However, the data is reviewed every minute so it may show an excess amount of alerts for thinly traded stocks
Ratio of the current volume over the historical volume at which an alert will be generated. A value of 1.5 is the default and minimum.
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Strong Volume Volume for the stock is higher than normal for the day, relative to the average total daily volume over several recent days. By default, alerts are first generated when the average daily volume is reached, and then at each multiple thereafter.
Multiple of average volume at which an alert will first be generated. For example, a value of 1 (the default) will first generate an alert when average daily volume is reached; a value of 2 will first generate an alert at two times normal volume, and so on.
Unusual Number of Prints
Alert is triggered when a stock generates unusually high bid, ask, and/or trade activity for the time of day. Activity must be at least five times higher than normal. Alerts are generated at increments of five (five times normal activity, 10 times, etc.).
Multiple of average activity—in bids, asks, and/or trades—at which an alert will be generated (minimum 5).
Running up now
Generated when a stock’s price moves up or down quicker than expected—relative to the volatility of a stock—over a one-minute period.
The amount of the move in $, please note if a stock has a normal volatility of 10 cents, a quality field of 10 cents or less will not generate an alert for that stock.
Running down now
Running Up
Generated when a stock’s price moves up or down very quickly—relative to volatility—over an approximately one-minute period. Filtered to report only clear, statistically valid moves.
The speed of the move. Range is generally from 1–10 (but can be higher). A value of 5 returns alerts for stocks that are moving briskly. The higher the value, the fewer alerts will be generated. Very few stocks will have values higher than 10.
Running Down
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Running Up (Intermediate)
Generated when a stock’s price moves up or down very quickly relative to volatility. Filtered to report only clear, statistically valid moves. Requires more consistent moves than basic Running alerts, but less consistent than confirmed Running alerts.
Ratio of the stock’s move to the average move for the stock (as determined by intraday volatility over the past two weeks). Minimum value is 2. Running Down
(Intermediate)
Running Up (Confirmed)
Generated when a stock’s price moves up or down quickly—relative to volatility—over an approximately 15-minute period. To generate an alert, more volume is required than for unconfirmed Running indicators. Filtered to report only clear, statistically valid moves.
The speed of the move. Range is generally from 1–10 (but can be higher). A value of 1 shows all confirmed moves, and 5 returns moves that are considered brisk. The higher the value, the fewer alerts will be generated. Very few stocks will have values higher than 10.
Running Down (Confirmed)
Crossed Above 200-Day Moving Average
Generated when a stock’s price crosses above or below its simple moving average for the period.
No Quality field available
Crossed Below 200-Day Moving Average
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Crossed Above 50-Day Moving Average
Generated when a stock’s price crosses above or below its simple moving average for the period.
No Quality field available
Crossed Below 50-Day Moving Average
Crossed Above 20-Day Moving Average
Crossed Below 20-Day Moving Average
Crossed Above VWAP
Generated when a stock’s price crosses above or below its Volume Weighted Average Price.
No Quality field available
Crossed Below VWAP
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Positive VWAP Divergence
Generated when the last bid, ask, or trade for a stock is a specified amount away from the current Volume Weight Average Price.
The integer percentage difference from the VWAP
Negative VWAP Divergence
Gap Down Reversal
Generated when a stock’s price opens with a gap from the previous close and then reverses to cross above or below the close. Also reports gap continuation (the amount the stock’s price moved in the direction of the gap after the open before reversing)
The minimum distance in price, from the extreme point after the gap, back to the previous close
Gap Up Reversal
False Gap Up Retracement
Generated when a stock’s price opens with a gap from the previous close, starts to fill the gap, and then continues down in the direction of the original gap. The gap must be significant and the price can only partially fill the gap—i.e. if the price crosses the previous close, the retracement will not be considered false.
Percentage of the gap that must be partially filled before the stock price moves back in the direction of the original gap
False Gap Down Retracement
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Channel Breakout (Confirmed)
Shows when a stock’s price moves up or down quickly after a consolidation. To generate an alert, more volume is required than for unconfirmed Channel Breakout indicators. Filtered to report only clear, statistically valid moves. Similar to a confirmed Running Up / Down indicator after Consolidation.
The speed of the breakout. Range is generally from 1–10 (but can be higher). A value of 1 shows all confirmed breakouts, and 5 returns breakouts that are considered brisk. The higher the value, the fewer alerts will be generated. Very few stocks will have values higher than 10.
Channel Breakdown (Confirmed)
Channel Breakout
Shows when a stock’s price moves up or down quickly after a consolidation. Filtered to report only clear, statistically valid moves. Reports more quickly than confirmed versions. Similar to an unconfirmed Running Up / Down indicator after Consolidation.
The quality of the consolidation. Range is 2–10, with 10 being the strongest quality.
Channel Breakdown
5-Minute Consolidation Breakout
Generated if a bid, ask, or trade is reported outside a stock’s consolidation range. The consolidation pattern must last at least as long as the duration in the alert name. Formula pays very little attention to volume.
The minimum breakout from the consolidation range in dollars
5-Minute Consolidation Breakdown
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
10-Minute Consolidation Breakout
Generated if a bid, ask, or trade is reported outside a stock’s consolidation range. The consolidation pattern must last at least as long as the duration in the alert name. Formula pays very little attention to volume.
The minimum breakout from the consolidation range in dollars
10-Minute Consolidation Breakdown
15-Minute Consolidation Breakout
Generated if a bid, ask, or trade is reported outside a stock’s consolidation range. The consolidation pattern must last at least as long as the duration in the alert name. Formula pays very little attention to volume.
The minimum breakout from the consolidation range in dollars
15-Minute Consolidation Breakdown
30-Minute Consolidation Breakout
30-Minute Consolidation Breakdown
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Crossed Above Resistance (Confirmed)
Generated when a stock moves above its resistance or below its support. Sufficient volume is required.
The minimum number of hours the support or resistance pattern must be in effect for the crossing to be recognized. This quality is a measure of both time and volume—i.e. two-times normal volume during one hour is considered two “hours of trading.”
Crossed Below Support (Confirmed)
Crossed Above Resistance
Generated when a stock moves above its resistance or below its support. Because this alert does not require volume confirmation, it tends to report more quickly than its confirmed equivalent.
The minimum number of hours the support or resistance pattern must be in effect for the crossing to be recognized. This quality is a measure of both time and volume—i.e. two-times normal volume during one hour is considered two “hours of trading.”
Crossed Below Support
Block Trade Reports trades of over 20,000 shares, often with a description of the price—at the bid/ask, above the ask, below the bid, or between the ask and the bid.
Minimum number of shares
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Broadening Bottom
A broadening pattern is defined by a series of at least five consecutive points—of higher highs and lower lows. An alert is generated when: For a broadening bottom – The stock’s price touches the bottom of the pattern, then turns back up on sufficient volume For a broadening top – The stock’s price touches the top of the pattern, then turns back down on sufficient volume
The minimum number of hours the broadening pattern must be in effect for the bottom or top to be recognized. This quality is a measure of both time and volume—i.e. two-times normal volume during one hour is considered two “hours of trading.”
Broadening Top
Triangle Bottom
A triangle pattern is defined by a series of at least five consecutive points—of lower highs and higher lows. Sufficient volume is required.
The minimum number of hours the triangle pattern must be in effect for the bottom or top to be recognized. This quality is a measure of both time and volume—i.e. two-times normal volume during one hour is considered two “hours of trading.”
Triangle Top
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Rectangle Bottom \
A rectangle pattern is defined by a series of at least five consecutive points—of highs and lows, each at about the same price level. Sufficient volume is required.
The minimum number of hours the rectangle pattern must be in effect for the bottom or top to be recognized. This quality is a measure of both time and volume—i.e. two-times normal volume during one hour is considered two “hours of trading.”
Rectangle Top
Double Bottom
Shows when there are two or more lows (bottoms) or highs (tops). The time and volume between the bottoms or tops must be significant. Also reports triple and quadruple bottoms and tops; in these cases, the time and volume requirements are less stringent.
The minimum number of hours between the first and last bottom/top. This quality is a measure of both time and volume—i.e. two-times normal volume during one hour is considered two “hours of trading.”
Double Top
Inverted Head and Shoulders
A standard or inverted head-and-shoulders pattern is defined by five consecutive turning points—with the first and last at about the same price level, the second and fourth at similar highs or lows, and the third at the highest low or high in the sequence.
The minimum number of hours the pattern must be in effect to be recognized. This quality is a measure of both time and volume—i.e. two-times normal volume during one hour is considered two “hours of trading.”
Head and Shoulders
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5-Minute High
Generated when a high or low is recorded relative to the price range of the previous same-length interval. If there was no volume during the previous interval, the most recent interval with volume will be used.
No Quality field available
5-Minute Low
10-Minute High
10-Minute Low
15-Minute High
15-Minute Low
30-Minute High
30-Minute Low
60-Minute High
60-Minute Low
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Trailing Stop, % Up
Generated when a reversal of a specified percentage occurs.
The percentage amount of the reversal (default 0.25%). A reversal from a low or high is indicated by a plus or minus sign respectively. Trailing Stop, %
Down
Trailing Stop, Volatility Up
Generated when a reversal of a specified multiple of volatility occurs.
The volatility multiple for the reversal (default 1). A reversal from a low or high is indicated by a plus or minus sign respectively Trailing Stop,
Volatility Down
1-Minute Opening Range Breakout
Resistance and support are set at the high and low for a particular interval from the open. An alert is generated when the stock price breaks through either resistance (breakout) or support (breakdown). Note: The opening interval begins at the first bid, ask, or trade (not necessarily the start of trading). Also, to reduce false signals, there is a blackout period of one minute after the high and low are determined for the period.
No Quality field available
1-Minute Opening Range Breakdown
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
2-Minute Opening Range Breakout
Resistance and support are set at the high and low for a particular interval from the open. An alert is generated when the stock price breaks through either resistance (breakout) or support (breakdown). Note: The opening interval begins at the first bid, ask, or trade (not necessarily the start of trading). Also, to reduce false signals, there is a blackout period of one minute after the high and low are determined for the period.
No Quality field available
2-Minute Opening Range Breakdown
5-Minute Opening Range Breakout
5-Minute Opening Range Breakdown
10-Minute Opening Range Breakout
10-Minute Opening Range Breakdown
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STRATEGY SCANNER ALERTS Icon Name Description Quality Field
15-Minute Opening Range Breakout
Resistance and support are set at the high and low for a particular interval from the open. An alert is generated when the stock price breaks through either resistance (breakout) or support (breakdown). Note: The opening interval begins at the first bid, ask, or trade (not necessarily the start of trading). Also, to reduce false signals, there is a blackout period of one minute after the high and low are determined for the period.
No Quality field available
15-Minute Opening Range Breakdown
30-Minute Opening Range Breakout
30-Minute Opening Range Breakdown
60-Minute Opening Range Breakout
60 Minute Opening Range Breakdown
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 29 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Fibonacci 38% Buy Signal
Generated when there is a price reversal to a particular Fibonacci level.
The minimum number of hours the pattern must be in effect to be recognized. This quality is a measure of both time and volume—i.e. two-times normal volume during one hour is considered two “hours of trading.”
Fibonacci 38% Sell Signal
Fibonacci 50% Buy Signal
Fibonacci 50% Sell Signal
Fibonacci 62% Buy Signal
Fibonacci 62% Sell Signal
Fibonacci 79% Buy Signal
Fibonacci 79% Sell Signal
5-Minute Linear Regression Up Trend
Generated if a stock’s price moves outside a short- or long-term linear regression channel.
The minimum gain forecast per share for the move
5-Minute Linear Regression Down Trend
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 30 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
15-Minute Linear Regression Up Trend
Generated if a stock’s price moves outside a short- or long-term linear regression channel.
The minimum gain forecast per share for the move
15-Minute Linear Regression Down Trend
30-Minute Linear Regression Up Trend
30-Minute Linear Regression Down Trend
90-Minute Linear Regression Up Trend
90-Minute Linear Regression Down Trend
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 31 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Upward Thrust (2 Minute)
Generated when a stock’s 8- and 20-period simple moving averages have been going up for at least five periods in a row. Period length is defined in the alert name. This alert is generated again for eight consecutive periods—then 13, 21, and all other Fibonacci numbers.
The suddenness of the move (in percentage terms) relative to the stock’s 200-period simple moving average. If a stock price takes off when the 200-period average is flat, the move will be considered sudden. Most upward thrusts have a suddenness of 90 or more.
Downward Thrust (2 Minute)
Upward Thrust (5 Minute)
Downward Thrust (5 Minute)
Upward Thrust (15 Minute)
Downward Thrust (15 Minute)
5 period SMA crossed above 8 period SMA (1 minute)
Generated when a stock’s 5-period simple moving average crosses above or below its 8-period simple moving average. Period length is defined in the alert name.
No Quality field available
5 period SMA crossed below 8 period SMA (1 minute)
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 32 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5 period SMA crossed above 8 period SMA (2 minute)
Generated when a stock’s 5-period simple moving average crosses above or below its 8-period simple moving average. Period length is defined in the alert name.
No Quality field available
5 period SMA crossed below 8 period SMA (2 minute)
5 period SMA crossed above 8 period SMA (4 minute)
5 period SMA crossed below 8 period SMA (4 minute)
5 period SMA crossed above 8 period SMA (5 minute)
5 period SMA crossed below 8 period SMA (5 minute)
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 33 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5 period SMA crossed above 8 period SMA (10 minute)
Generated when a stock’s 5-period simple moving average crosses above or below its 8-period simple moving average. Period length is defined in the alert name.
No Quality field available
5 period SMA crossed below 8 period SMA (10 minute)
5 period SMA crossed above 8 period SMA (20 minute)
5 period SMA crossed below 8 period SMA (20 minute)
5 period SMA crossed above 8 period SMA (30 minute)
5 period SMA crossed below 8 period SMA (30 minute)
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 34 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
8 Period SMA Crossed Above 20-Period SMA (2 Minute)
Generated when a stock’s 8-period simple moving average crosses above or below its 20-period simple moving average. Period length is defined in the alert name.
No Quality field available
8 Period SMA crossed below 20-Period SMA (2 Minute)
8 Period SMA Crossed Above 20-Period SMA (5 Minute)
8 Period SMA Crossed Below 20-Period SMA (5 Minute)
8 Period SMA Crossed Above 20-Period SMA (15 Minute)
8 Period SMA Crossed Below 20-Period SMA (15 Minute)
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 35 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
20 Period SMA Crossed Above 200-Period SMA (2 Minute)
Generated when a stock’s 20-period simple moving average crosses above or below its 200-period simple moving average. Period length is defined in the alert name.
No Quality field available
20 Period SMA Crossed Below 200-Period SMA (2 Minute)
20 Period SMA Crossed Above 200-Period SMA (5 Minute)
20 Period SMA Crossed Below 200-Period SMA (5 Minute)
20 Period SMA Crossed Above 200-Period SMA (15 Minute)
20 Period SMA Crossed Below 200-Period SMA (15 Minute)
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 36 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5 minute MACD crossed above signal
Generated when a stock’s MACD (Moving Average Convergence Divergence) line crosses above or below the zero or signal line. These alerts are based on the standard 26, 12, and 9 indicated period EMAs. Note: because the MACD is based on the EMA (exponential moving average) formula, it is not deterministic. Different charting packages will give slightly different values for the formula. If you add more history to your chart, it might also change the result.
No Quality field available
5 minute MACD crossed below signal
5 minute MACD crossed above zero
5 minute MACD crossed below zero
10 minute MACD crossed above signal
10 minute MACD crossed below signal
10 minute MACD crossed above zero
10 minute MACD crossed below zero
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 37 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
15 minute MACD crossed above signal
Generated when a stock’s MACD (Moving Average Convergence Divergence) line crosses above or below the zero or signal line. These alerts are based on the standard 26, 12, and 9 period EMAs. Note: because the MACD is based on the EMA (exponential moving average) formula, it is not deterministic. Different charting packages will give slightly different values for the formula. If you add more history to your chart, it might also change the result.
No Quality field available
15 minute MACD crossed below signal
15 minute MACD crossed above zero
15 minute MACD crossed below zero
30 minute MACD crossed above signal
30 minute MACD crossed below signal
30 minute MACD crossed above zero
30 minute MACD crossed below zero
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 38 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
60 minute MACD crossed above signal
Generated when a stock’s MACD (Moving Average Convergence Divergence) line crosses above or below the zero or signal line. These alerts are based on the standard 26, 12, and 9 period EMAs. Note: because the MACD is based on the EMA (exponential moving average) formula, it is not deterministic. Different charting packages will give slightly different values for the formula. If you add more history to your chart, it might also change the result.
No Quality field available
60 minute MACD crossed below signal
60 minute MACD crossed above zero
60 minute MACD crossed below zero
5 Minute Doji
Generated when a Doji pattern is identified on a candlestick chart of a particular period. These patterns show very similar opening and closing prices.
No Quality field available
10 Minute Doji
15 Minute Doji
30 Minute Doji
60 Minute Doji
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 39 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5 minute stochastic crossed above 20
Generated when the %D for the fast stochastic or the %K for the slow stochastic crosses the line. There is filtering in place to avoid multiple prints if the stochastic oscillators frequently crosses back and forth. Note: The alert can be generated intra-candlestick which allows the alert to be reported earlier.
Not applicable
5 minute stochastic crossed below 80
15 minute stochastic crossed above 20
15 minute stochastic crossed below 80
60 minute stochastic crossed above 20
60 minute stochastic crossed below 80
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 40 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5 Minute Hammer
Generated when a hammer pattern is identified on a candlestick chart. This pattern is indicated in a downtrend when a stock’s price at the close of a particular interval is higher than the interval’s open and near the interval’s high.
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match.
10 Minute Hammer
15 Minute Hammer
30 Minute Hammer
60 Minute Hammer
5 Minute Hanging Man
Generated when a hanging man pattern is identified on a candlestick chart. This pattern is indicated in an uptrend when a stock’s price at the open of a particular interval is higher than the interval’s close and near the interval’s high.
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match.
10 Minute Hanging Man
15 Minute Hanging Man
30 Minute Hanging Man
60 Minute Hanging Man
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 41 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5 Minute Bullish Engulfing
Generated when a bullish engulfing pattern is identified on a candlestick chart of a particular interval. This pattern is indicated when there is a “down” candlestick followed by an “up” candlestick—and the body of the latter fully engulfs that of the former.
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 10 Minute Bullish
Engulfing
15 Minute Bullish Engulfing
30 Minute Bullish Engulfing
5 Minute Bearish Engulfing
Generated when a bearish engulfing pattern is identified on a candlestick chart of a particular interval. This pattern is indicated when there is an “up” candlestick followed by a “down” candlestick—and the body of the latter fully engulfs that of the former.
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 10 Minute Bearish
Engulfing
15 Minute Bearish Engulfing
30 Minute Bearish Engulfing
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 42 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5 Minute Piercing Pattern
Generated when a piercing pattern is identified on a candlestick chart of a particular interval. This pattern shows a “down” candlestick followed by an “up” candlestick. The open of the second candlestick must be lower than the close of the first. Also, the close of the second candlestick must be above the midpoint of the body of the first.
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 10 Minute
Piercing Pattern
15 Minute Piercing Pattern
30 Minute Piercing Pattern
5 Minute Dark Cloud Cover
Generated when a dark cloud pattern is identified on a candlestick chart of a particular interval. This pattern shows an “up” candlestick followed by a “down” candlestick. The open of the second candlestick must be higher than the close of the first. Also, the close of the second candlestick must be below the midpoint of the body of the first.
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 10 Minute Dark
Cloud Cover
15 Minute Dark Cloud Cover
30 Minute Dark Cloud Cover
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 43 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5 Minute Bottoming Tail
Generated when a bottoming tail pattern is identified on a candlestick chart of a particular interval. In this pattern, there are at least three “down” candlesticks followed by an “up” candlestick. The last candlestick must have a high/low range similar to the intervals that preceded it. Also, the open and close of the last candlestick must be near the high, creating a long “tail.”
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match.
10 Minute Bottoming Tail
15 Minute Bottoming Tail
30 Minute Bottoming Tail
60 Minute Bottoming Tail
5 Minute Topping Tail
Generated when a topping tail pattern is identified on a candlestick chart of a particular interval. In this pattern, there are three “up” candlesticks followed by a “down” candlestick. The last candlestick must have a high/low range similar to the intervals that preceded it. Also, the open and close of the last candlestick must be near the low, creating a long “shadow.”
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match.
10 Minute Topping Tail
15 Minute Topping Tail
30 Minute Topping Tail
60 Minute Topping Tail
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 44 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
5 Minute Narrow Range Buy Bar
Generated when a narrow range buy bar is identified on a candlestick chart of a particular interval. In this pattern, there are three “up” candlesticks followed by a “down” candlestick. The last candlestick must have a high/low range no greater than 25% of the average range over the last five intervals.
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 10 Minute Narrow
Range Buy Bar
15 Minute Narrow Range Buy Bar
30 Minute Narrow Range Buy Bar
5 Minute Narrow Range Sell Bar
Generated when a narrow range sell bar is identified on a candlestick chart of a particular interval. In this pattern, there are three “down” candlesticks followed by an “up” candlestick. The last candlestick must have a high/low range no greater than 25% of the average range over the last five intervals.
How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 10 Minute Narrow
Range Sell Bar
15 Minute Narrow Range Sell Bar
30 Minute Narrow Range Sell Bar
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 45 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
2 Minute Green Bar Reversal
In this pattern there are at least three down candlesticks followed by an up candlestick. Unlike the narrow range bar patterns, this pattern is only valid if it occurs above a rising 20 period SMA, or below a falling 20 period SMA
The number of consecutive candlesticks going in one direction before the candlestick going in the other direction.
5 Minute Green Bar Reversal
15 Minute Green Bar Reversal
60 Minute Green Bar Reversal
2 Minute Red Bar Reversal
In this pattern there are at least three up candlesticks followed by a down candlestick. Unlike the narrow range bar patterns, this pattern is only valid if it occurs above a rising 20 period SMA, or below a falling 20 period SMA
The number of consecutive candlesticks going in one direction before the candlestick going in the other direction.
5 Minute Red Bar Reversal
15 Minute Red Bar Reversal
60 Minute Red Bar Reversal
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 46 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
2 minute 1-2-3 continuation buy signal
In this pattern there are two candlesticks, the first one being the wider range bar and the second a narrow range bar within the top half of the first bar. An alert is triggered if the price of a third candlestick crosses the top of the first 2 bars.
No Quality field available
5 minute 1-2-3 continuation buy signal
15 minute 1-2-3 continuation buy signal
60 minute 1-2-3 continuation buy signal
2 minute 1-2-3 continuation sell signal
In this pattern there are two candlesticks, the first one being the wider range bar and the second a narrow range bar within the bottom half of the first bar. An alert is triggered if the price crosses the bottom of the first 2 bars
No Quality field available
5 minute 1-2-3 continuation sell signal
15 minute 1-2-3 continuation sell signal
60 minute 1-2-3 continuation sell signal
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 47 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
2 minute 1-2-3 continuation buy setup
These alerts are similar to the 1-2-3 continuation signal alerts. However, they report when the stock price is close to the continuation signal pattern in order to anticipate the completion of the continuation signal pattern
No Quality field available
5 minute 1-2-3 continuation buy setup
15 minute 1-2-3 continuation buy setup
60 minute 1-2-3 continuation buy setup
2 minute 1-2-3 continuation sell setup
5 minute 1-2-3 continuation sell setup
15 minute 1-2-3 continuation sell setup
60 minute 1-2-3 continuation sell setup
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 48 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
Bullish opening power bar
The alert is based on a power bar; a power bar is defined as a 5 minute candle that’s opening and close are near the high or the low. A Bullish opening power bar is defined if the close is above the open, and an alert is generated then a price is above the open or high as compared to the opening power bar. A Bearish opening power bar is defined if the close is below the open, and an alert is generated then a price is below the close or low as compared to the opening power bar.
No Quality field available
Bearish opening power bar
NR7 Based on a traditional candlestick chart (of 15-minute intervals), this alert is generated when the high/low range of the last interval is smaller than that of the previous seven. Can signify that a price move in either direction is about to take place.
The number of intervals (default 1) that must be smaller than the seven that preceded them. A value of 2 looks at the last two intervals, each of which must have smaller high/low ranges than the preceding seven.
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 49 of 67
STRATEGY SCANNER ALERTS Icon Name Description Quality Field
2 Minute Wide Range Bar
This alert is caused where the range from the open to close of the interval is at least twice the average range from open to close of the last 20 periods.
Not applicable
5 Minute Wide Range Bar
15 Minute Wide Range Bar
Heartbeat Every specified number of minutes, this alert will show all stocks that meet each of the selected filters.
How often (in minutes) you want the filter scan to run. Default and minimum is every five minutes.
Tests and Demonstration
Used for tests and demonstrations, and does not contain any real information.
Not applicable
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 50 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Price
Minimum or maximum amount (in dollars) for the stock price, bid/ask spread, and bid/ask size. Uses Level 1 information at the time of the alert.
Spread
Bid Size
Ask Size
Bid / Ask Ratio Minimum or maximum ratio for the bid over the ask. Uses Level 1 information at the time of the alert.
Distance from Inside Market
Compares the last trade to the current bid/ask (in percentage terms). A value of 0 for Max Distance will show only stocks that trade at or between the bid and ask. A value of 0.1 for Max Distance will show stocks trading at no more than 0.1% below the bid or above the ask.
Average Daily Volume (5)
Minimum or maximum volume on an average day (does not consider volume on the current day) based on the previous 5 or 10 days. Note: Previously the alert looked only at the past 10 days Average Daily
Volume (10)
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 51 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Dollar Volume Minimum or maximum dollar volume on an average day—i.e. the stock’s current price multiplied by its average daily volume.
Current Volume Defined by a ratio, this filter compares the current daily volume to the average volume for the time of day. Not available in the pre- or post-market. A value of 1 for Min Current Volume will filter for stocks trading at or above the average volume for the time of day. A value of 2 will filter for stocks trading at twice the average daily volume.
Volume Today Total share volume for the current day. Can be filtered by absolute share volume or percentage (current volume as a percentage of average total daily volume).
Volume Yesterday Compares the total share volume yesterday to the average daily volume. The Filter uses the yesterday’s volume as a percentage of average total daily volume.
Volume 5 Compares volume in the most recent interval to the average volume for an interval of the same length. Entered as a percentage (volume in the most recent interval as a percentage of the average). The interval is indicated in minutes by the number shown in the alert name.
Volume 10
Volume 15
Volume 30
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 52 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Volatility Minimum or maximum volatility for a typical 15-minute period, expressed in dollars or percent. Examples: For Volatility ($) – A value of 0.10 will show stocks that typically move 10 cents or more every 15 minutes For Volatility (%) – A value of 0.10 will show stocks that typically move 0.10% or more every 15 minutes
Average True Range
Minimum or maximum Average True Range, calculated based on a 14-day period.
Min Today's Range
Minimum or maximum range for the day. Range is defined as high minus low. Can be entered in dollars or percent (current range as a percentage of the average daily range).
15-Minute Range
Minimum or maximum range for the previous 30, 60, or 120 minutes. Range is defined as high minus low for the period. Can be entered in dollars or percent (current range for the period as a percentage of the average range for a period of that length).
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 53 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
30-Minute Range
Minimum or maximum range for the previous 30, 60, or 120 minutes. Range is defined as high minus low for the period. Can be entered in dollars or percent (current range for the period as a percentage of the average range for a period of that length).
60-Minute Range
120-Minute Range
5-Day Range
Minimum or maximum range for the previous 5, 10 or 20 Days. Range is defined as high minus low for the period. Can be entered in dollars or percent (current range for the period as a percentage of the average range for a period of that length).
10-Day Range
20-Day Range
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 54 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Put/Call Ratio The ratio of put to call contract volume (for the current day)—based on all options for the stock.
Options Volume Minimum or maximum contract volume for all puts and calls on the stock during the average day.
Options Volume Today
Minimum or maximum contract volume for the day for all puts and calls on the stock. Can be entered as absolute volume or a percentage (current daily contract volume as a percentage of the average).
Gap Up Minimum or maximum gap up at the open from the previous close. Can be entered in dollar, percentage terms, or as a ratio that looks at the gap relative to the 15-minute volatility of the stock. With a volatility value of 1, you’ll see stocks with gaps equal to or greater than the expected move for the stock over a 15-minute period. In the pre- and post-market, the last trade is used instead of the open. Also, a negative value can be set.
Position of Open Open as a percentage of yesterday’s range. For Example a stock which opens at yesterday’s high as a value of 100%, a stock which open at yesterday low has a value of 0%
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 55 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Decimal Minimum or maximum decimal value in the stock price (.00–.99). For example, a value of ‘.90’ for Min Decimal will filter for stocks with prices showing decimals of .90 or higher.
Up Days Filters for stocks that closed higher than they opened for a minimum or maximum number of consecutive days.
Up Candles Filters for stocks that closed higher than they opened for a minimum or maximum number of intraday intervals on a candlestick chart. The length of the interval is indicated in minutes by the number shown in the alert name. Negative numbers can be used to filter for stocks with consecutive down intervals.
Up 5
Minimum or maximum price move of a stock—in dollars or percent—over the past specified number of minutes. Negative numbers can be used to filter for stocks with declines.
Up 10
Up 15
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 56 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Up 30
Minimum or maximum price move of a stock—in dollars or percent—over the past specified number of minutes. Negative numbers can be used to filter for stocks with declines.
NASDAQ Up 5
Minimum or maximum move—expressed as a percentage—in the Nasdaq-100 index over the past specified number of minutes or for the Current Day. Negative numbers can be used to filter for declines.
NASDAQ Up 10
NASDAQ Up 15
NASDAQ Up 30
NASDAQ Up Today
S&P Up 5 Minimum or maximum move—expressed as a percentage—in the S&P 500 index over the past specified number of minutes or for the Current Day.. Negative numbers can be used to filter for declines.
S&P Up 10
S&P Up 15
S&P Up 30
S&P Up Today
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 57 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Dow Up 5
Minimum or maximum move—expressed as a percentage—in the Dow Jones Industrial Average over the past specified number of minutes. Negative numbers can be used to filter for declines.
Dow Up 10
Dow Up 15
Dow Up 30
Dow Up Today
Up from the Close Minimum or maximum price change from the previous day’s close. (For the post-market, today’s close is used.) Can be entered in dollar or percentage terms, or as a ratio that looks at the price change relative to the 15-minute volatility of the stock. With a Max Up value of 1 (for volatility), you’ll see stocks with changes equal to or greater than the expected move for the stock over a 15-minute period. Negative numbers can be used to filter for declines.
Up from the Open Minimum or maximum price change from the open. Can be entered in dollar or percentage terms, or as a ratio that looks at the price change relative to the 15-minute volatility of the stock. With a Max Up value of 1 (for volatility), you’ll see stocks with changes equal to or greater than the expected move for the stock over a 15-minute period. Negative numbers can be used to filter for declines. Not available in the pre- or post-market.
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 58 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Up Previous Day These filters compare the close from the previous trading day to the close from the day before that. In short, these let you pick stocks which were up or down by a certain amount yesterday. Use negative numbers to find stocks which were down for the day.
Up in 5-Days
These filters compare the current price to the previous close of the indicated trading days in the filter. For Example, Min Up in 5-days filters for a stock who’s current price is at least a $ or % above the previous close 5 trading days (the close 6 trading days) ago.
Up in 10-Days
Up in 20-Days
Standard Deviation Minimum or maximum number of standard deviations from the previous day’s close. (For the post-market, today’s close is used.) Standard deviation is calculated based on a year’s worth of data. Recent data is weighted more heavily, and all data scaled so that a value of 1 means a standard deviation for one day.
Below High
Minimum or maximum distance of the current price of a stock below the day’s High. Use negative values to find stocks currently trading above the high.
Alerts & Filters in Power E*TRADE Pro Strategy Scanner | E*TRADE FINANCIAL | Page 59 of 67
STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Min Above Low Minimum or maximum distance of the current price of a stock above the day’s Low. Use negative values to find stocks currently trading below the low.
Position in Range Minimum or maximum position of the current price of a stock within the day’s range, expressed as a percentage. A value of 0 signifies the day’s low, while 100 signifies the day’s high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the day’s low. In the post-market, these alerts use the range reported for the regular session. Not available in the pre-market.
Position in Day's Range
Minimum or maximum position of the current price of a stock within the current day’s range, expressed as a percentage. A value of 0 signifies the day’s low, while 100 signifies the day’s high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the day’s low.
Position in Previous Day's Range
Minimum or maximum position of the current price of a stock within the previous day’s range, expressed as a percentage. A value of 0 signifies the previous day’s low, while 100 signifies the previous day’s high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the previous day’s low.
Position in 5 Day Range
Minimum or maximum position of the current price of a stock within the 5, 10 or 20 trading day range, expressed as a percentage. A value of 0 signifies the low for the period, while
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Max Icon Name Description / Quality Field
Position in 10 Day Range
100 signifies the high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the low for the period.
Position in 20 Day Range
Position in Year Range
Minimum or maximum position of the current price of a stock within the 52-week range, expressed as a percentage. A value of 0 signifies the 52-week low, while 100 signifies the 52-week high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the 52-week low.
Position in Lifetime Range
Minimum or maximum position of the current price of a stock within its 10-year or lifetime range, expressed as a percentage. A value of 0 signifies the low of the range, while 100 signifies the high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the low.
15-Minute RSI Minimum or maximum Relative Strength Index of a stock. Values are computed using the last 14 15-minute periods (excluding pre/post-market sessions). If there is insufficient data, no alerts will be reported.
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Daily RSI Minimum or maximum Relative Strength Index of a stock. Values are computed using the last 14 days (excluding pre/post-market sessions). If there is insufficient data, no alerts will be reported.
Position in Bollinger Bands (5 Minute)
Minimum or maximum position of the current price of a stock within the 20-period Bollinger Bands, expressed as a percentage. A value of 0 signifies the price at the lower band, while 100 signifies the price at the upper.
Position in Bollinger Bands (15 Minute)
Position in Bollinger Bands (60 Minute)
Position in Bollinger Bands (Daily)
Range Contraction Minimum or maximum number of days in a range contraction. This pattern occurs when the daily range of a stock—high minus low—gets smaller from one trading day to the next. A value of 3 for Min Range Contraction would show stocks exhibiting range contractions lasting three days or longer. Enter a negative number to see stocks in range explosions.
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STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Linear Regression Divergence
Minimum or maximum divergence from a straight line over the past eight trading days. A value of 0 represents a perfectly straight line (the stock has moved in a linear pattern), while 1 suggests no linear movement at all.
Average Directional Index
Minimum of Maximum value of the ADI (Average Directional Index) based on a daily values and a 14 period smoothing factor.
Directional Indicator Minimum and Maximum value denoted by this formula (+DI) – (-DI). The values range from -100 to 100
Up from 200-Day SMA
Minimum or maximum distance from a simple moving average. Can be entered in percentage terms or as a ratio that looks at the distance relative to the 15-minute volatility of the stock. For example, for a stock with a volatility of 5, a value of 1 would indicate that the stock is at least $5 above its simple moving average. A negative value can be used to filter for stocks that are below their moving averages.
Up from 50-Day SMA
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STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Up from 20-Day SMA
Minimum or maximum distance from a simple moving average. Can be entered in percentage terms or as a ratio that looks at the distance relative to the 15-minute volatility of the stock. For example, for a stock with a volatility of 5, a value of 1 would indicate that the stock is at least $5 above its simple moving average. A negative value can be used to filter for stocks that are below their moving averages.
Up from 8-Period SMA
Minimum or maximum percentage distance from the stock’s 8-period simple moving average. Periods for this average can be two, five, or 15 minutes long (depending on the alert chosen). A negative value can be used to filter for stocks that are below their moving averages.
Up from 20-Period SMA
Minimum or maximum percentage distance from the stock’s 20-period simple moving average. Periods for this average can be two, five, or 15 minutes long (depending on the alert chosen). A negative value can be used to filter for stocks that are below their moving averages.
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STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Up from 200-Period SMA
Minimum or maximum percentage distance from the stock’s 200-period simple moving average. Periods for this average can be two, five, or 15 minutes long (depending on the alert chosen). A negative value can be used to filter for stocks that are below their moving averages.
8 Above 20-Period SMA
Minimum or maximum percentage distance between the stock’s eight- and 20-period simple moving averages. Periods for these averages can be two, five, or 15 minutes long (depending on the alert chosen). When a positive value is entered, Strategy Scanner will return stocks with higher eight-period averages than 20-period. Negative values filter for stocks with higher 20-period averages.
20 Above 200-Period SMA
Minimum or maximum percentage distance between the stock’s 20- and 200-period simple moving averages. Periods for these averages can be two, five, or 15 minutes long (depending on the alert chosen). When a positive value is entered, Strategy Scanner will return stocks with higher 20-period averages than 200-period. Negative values filter for stocks with higher 200-period averages.
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Max Icon Name Description / Quality Field
Consolidation Minimum or maximum number of days in a consolidation pattern. Value can be no higher than 40. Does not factor in data for the current day.
Position in Consolidation
Minimum or maximum position of the current price of a stock, expressed as a percentage of that stock’s recent or ongoing consolidation pattern (based on a 40-day chart). A value of 0 signifies the bottom of the consolidation pattern, while 100 signifies the top. A Min Position value of 100.01 will filter for all stocks that have been in a consolidation range and are now trading above it. Negative values can be used to filter for stocks trading below a consolidation range.
Market Cap
Market Capitalization is defined as the Current Stock Price x Shares Outstanding. Values entered into this window specific filter need to be entered in multiples of $1,000,000. A value of 5 indicates 5 million shares where a .5 indicates 500,000 shares.
Shares Outstanding
Outstanding shares filter by the number of shares that are currently owned by all investors. Values entered into this window specific filter are in units of 1,000 shares.
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Max Icon Name Description / Quality Field
Current Assets
Current Assets represent the value of all assets that are reasonably expected to be converted into cash within one year in the normal course of business. Values entered into this Window Specific Filter need to be entered in increments of $1,000 per year.
Current Debt
Current Debt represents the money, goods or services that the company is currently obliged to repay to its creditors within one year. Values entered into this Window Specific Filter need to be entered in increments of $1,000 per year.
Min Total Revenue This filter is based on the revenue from the most recent fiscal year. Values entered into this Window Specific Filter need to be entered in increments of $1,000 per year.
Min Net Income Net Income is Total Revenues - Total Expenses Values entered into this Window Specific Filter need to be entered in increments of $1,000 per year.
Min EPS EPS or Earnings Per Share is Net Income / Number of Shares Outstanding Values entered into this Window Specific Filter needs to be entered in price per share.
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STRATEGY SCANNER FILTERS Min Icon
Max Icon Name Description / Quality Field
Min P/E Ratio P/E Ratio or Price to Earnings Ratio is Stock Price / Earnings Per Share
Min Dividend This dividend value represents the distribution of coporate earnings to company shareholders, here it is the last dividend paid out. Values entered into this Window Specific Filter need to be entered in increments of $1,000.
Min Beta Beta is a measure of the volatility of a given stock relative to the overall market, usually the S&P 500.
Min Count This filter can be used to show an alert only when it has been: Triggered at least the minimum number of times for a particular stock Triggered no more than the maximum number of times for a particular stock
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