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You learn about different technical indicators and want to implement them in your technical analysis. But how do you find the right stocks to work with? Well you use a stock screener. A stock screener is often used by traders to filter stocks according to their defined metrics.
With filters, you can easily narrow down the number of options to choose from. Filters make the sorting process easier by helping you find what you are looking for. The EOD stock screener at Nifty Trader allows you to screen stocks based on filters like volume, simple moving average, NR7, gaps, pivot levels, volatility and more.
A screener helps traders to find stocks with high probability of good returns in a short period of time. Stock screeners are also used by investors to find stocks that may perform well in future.
Your trading strategies can be implemented in a better way by using filters. In a trading strategy, traders often set up certain criteria for entering and exiting a trade. With a stock screener the task of sorting stocks according to the strategy, becomes easy.