I am currently using the stock screener on www.Finviz.com ( It is well put together and easy to use, I am just have a tough time finding stocks that are moving up or down enough.
I have a viable trading method for day trading that keeps me in trends for a big part of the move and has potential for some nice profits. I am beginning to realize what really makes the difference for me is getting in stocks that are trending without so much sideways movements after false breakouts. Rather then change my method I am going to look at the stocks I am trading.
I have been screening for stocks based on several criteria...
1) Avg Volume
2) Relative Volume
3) Price (Not too expensive so I can get enough shares to not kill me on commision)
Should I be scanning for Price change? It seems like much of the price changes that are pulled by the scanner are from giant drops during Pre or Post market. I am not currently trading the hours outside of the trading session.
Have any of you had good success with Finviz screener and what settings do you use for choosing stocks to day trade? I would greatly appreciate some help on this topic.