1. Select a date from the date list. (Default to the latest date)


2. Select Daily or Weekly. (Default to daily chart)


3. Check all criteria you like. In this case, we want the 15 day moving average and daily MACD to be up


4. Scanned Result (It shows a list of symbols that meet your requirement)


5. Review Stock Charts
Pick any symbol from the output and review their charts. In this example, we used the symbol, ADLR, with its chart shown below. We can see from the chart that the Stochastic is just crossover.

Power Scan Trading System

A good way to study technical analysis is to study the past and predict future performances. In order to do that, you need to have a trading system that's been backtested, and which works for you. To learn how to come up with a trading system with candlestick, do the following:

1. Select a date from the past, let's say 2008-07-22


2. Select Daily or Weekly. (Default to daily chart)


3. Check all criteria you like. In this case, we want the 15 day moving average and daily MACD to be up


4. Scanned Result (It shows a list of symbols that meet your requirement)


5. Focus on the symbols that return positive (symbols in green) outcome today - (Study the chart for each symbol and find patterns for the ones that return the most profit)
(Study the chart for each symbol and find patterns for the ones that return the most profit) For example: The symbol ARUN closes at $4.27 and the stochastic value is 30, which is within the range we defined for 2008-07-22. The stock closes at $5.57 on 2008-07-25. If you bought the stock on its open on 2008-07-23, you made a profit of 25.73% in only 3 days.

Important Note:

Please note patterns doesn't work 100% of time otherwise everyone will be rich. Our tool only helps you to find the patterns you defined, but you have to make your own decisions base on the result. If you want to be successful in trading, you will have to study the charts and backtest your system everyday.