price action scanner
What is a price action scanner?
Price action scanner is an intraday strategy tool which is made by IntradayScreener to find out the stocks that are breaking out & breaking down on 5 minute & 15 minute time frames in Live markets. In the price action screener, you can also find Hourly Gainers, Hourly Losers, Short Term Breakouts and Short Term Breakdowns.
In the price action scan feature, we just check the price and focus on important levels. The price action scanner helps to select stocks that are showing breakouts and breakdowns.
Features available in Price action scanner
You can use the price action strategy which is available under the Intraday Scans, to find out the stocks that are showing breakouts & breakdowns and also the price actions, in different time frames as mentioned below.
5 minutes Breakout Stocks
5-minute Breakdown Stocks
15-minute Breakout Stocks
15-minute Breakdown of stocks
Hourly gainers
Hourly losers
Short term breakouts
Short term breakdowns
How to use Price action Scanner for Intraday Trading
We can choose stocks intraday trading by using a price action scanner. Let's look at how to use the Price Action Scanner to choose stocks for intraday and swing trading.
5 minutes Breakout /Breakdown Stocks - Under This price action scanner you can check the stocks which are breaking out and breaking down in a 5 minutes time frame. For Pro Users, Data is updated on a consistent basis and for Free Users, you have to manually refresh.
15 minutes Breakout /Breakdown Stocks- Under This price action scanner you can check the stocks which are breaking out or breaking down in a 15 minutes time frame.
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