The stochastics indicator was first developed in the 1950s, but it’s as popular among traders now as ever before. This indicator compares the closing price of a stock to its price range over a set period to determine whether it is overbought or oversold. Whereas many...
Month: May 2020
Creating a VWAP Scanner
The volume-weighted average price (VWAP) is an indicator that is frequently used by day traders. By taking trading volume into account throughout the trading day, VWAP is able to inform potential buying and selling levels. VWAP can be used on its own or as part of a...
Creating a Bollinger Bands Scan
Bollinger Bands are a widely used technical indicator that can help identify trends and serve as an indicator of volatility. There are a number of trading strategies that use Bollinger Bands to identify entry and exit points, either as the primary trigger or as a...
TD Ameritrade Broker Integration
Connecting Scanz with TD Ameritrade (ThinkorSwim) To connect your Scanz platform to your TD Ameritrade (ThinkorSwim) account, follow the steps listed below: Step 1 : Launch your Scanz platform. Step 2 : Click the green button Trade...
Interactive Brokers Integration
Connecting Scanz with Interactive Brokers To connect your Scanz platform to your Interactive Brokers account, follow the steps listed below: Step 1 : Launch your Interactive Brokers platform. Step 2 : From the top menu, select File and...