DRYFIRE Scanner - Ashish
DRYFIRE Scanner
Finds stocks with a proven history of explosive moves that are now contracting quietly inside the range of their own last big candle, scores each setup out of 10, and marks the entry, stop and invalidation levels.
How it works:
Screens for stocks in an intact uptrend — EMA9 > EMA21 > EMA50 with price above the 50 — that have already produced a large leg and are now resting rather than expanding. Contraction is measured against the range of the recent EP candle, which is what separates a genuine post-thrust rest from a stock that has merely stopped moving.
The score weighs nine components: length of the narrow run, contraction versus the EP bar, volume dry-up, position in the consolidation box, distance to the supporting EMA, relative strength against the benchmark, box tightness, coil age, and the size of the preceding vertical move.
A signal fires at 6/10 or better with at least two narrow bars ending on the current bar. Entry is the current bar’s high. Stop defaults to 2.5% below entry, user-defined — a small controlled loss, accepting more stop-outs so winners can run.
Note: This is a scanning tool, not a trade generator. Its job is to cut a few hundred names down to a handful worth opening a chart on. Every signal still needs a human eye, position sizing and market context before anything is traded
Finds stocks with a proven history of explosive moves that are now contracting quietly inside the range of their own last big candle, scores each setup out of 10, and marks the entry, stop and invalidation levels.
How it works:
Screens for stocks in an intact uptrend — EMA9 > EMA21 > EMA50 with price above the 50 — that have already produced a large leg and are now resting rather than expanding. Contraction is measured against the range of the recent EP candle, which is what separates a genuine post-thrust rest from a stock that has merely stopped moving.
The score weighs nine components: length of the narrow run, contraction versus the EP bar, volume dry-up, position in the consolidation box, distance to the supporting EMA, relative strength against the benchmark, box tightness, coil age, and the size of the preceding vertical move.
A signal fires at 6/10 or better with at least two narrow bars ending on the current bar. Entry is the current bar’s high. Stop defaults to 2.5% below entry, user-defined — a small controlled loss, accepting more stop-outs so winners can run.
Note: This is a scanning tool, not a trade generator. Its job is to cut a few hundred names down to a handful worth opening a chart on. Every signal still needs a human eye, position sizing and market context before anything is traded
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.