OPEN-SOURCE SCRIPT
BIST Filter - Bullish Momentum
Scans BIST stocks through 20 simultaneous technical filters covering volume, trend strength, momentum oscillators, moving average alignment, and Ichimoku analysis. Designed to find stocks with
strong bullish momentum across multiple confirmations.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📌 ALL 20 FILTERS
Volume & Trend Strength:
• Relative Volume > 1.4 (above average activity)
• ADX(14) > 25 (strong trend)
• +DI(14) > -DI(14) (bullish directional movement)
Price Above Key EMAs:
• Price > EMA(20)
• Price > EMA(50)
• Price > EMA(200)
Momentum Oscillators:
• RSI(14) > 50 (bullish momentum)
• MACD(12,26) > MACD Signal (bullish crossover)
• MFI(14) > 50 (money flowing in)
• Chaikin Money Flow(20) > 0.2 (strong accumulation)
• Stoch RSI Fast >= Stoch RSI Slow (bullish stochastic)
Trend Confirmation:
• Parabolic SAR < Price (bullish SAR)
• Hull MA(9) < Price (short-term trend up)
• Ichimoku Conversion Line < Price (above cloud support)
MA Alignment:
• EMA(10) < EMA(50) < EMA(100)
• EMA(200) < EMA(100)
• SMA(10) < SMA(50) < SMA(100)
• SMA(200) < SMA(100)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📊 SCREENER COLUMNS
• ALL PASS — 1 when all 20 filters pass (use this to filter)
• Score % — Percentage of filters passed (partial matches)
• Filters Passed — Count out of 20
• RSI / ADX / Rel Volume / MFI / CMF — Individual indicator values
• MACD Hist / StochRSI Diff — Momentum differentials
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 HOW TO USE
Strict Mode:
Pine Screener → Filter ALL PASS = 1 → Only stocks passing all 20 filters
Flexible Mode:
Pine Screener → Sort by Score % descending → See strongest partial matches
Example: Score 85% = 17/20 filters passed
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
💡 NOTES
• Designed for Pine Screener with BIST watchlist (500+ stocks)
• All filters run simultaneously — no sequential dependency
• MA alignment checks for a specific market structure pattern
• Works on all timeframes supported by Pine Screener (1m to 1M)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ DISCLAIMER
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always do your own analysis before making trading decisions. Past performance does not
guarantee future results.
strong bullish momentum across multiple confirmations.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📌 ALL 20 FILTERS
Volume & Trend Strength:
• Relative Volume > 1.4 (above average activity)
• ADX(14) > 25 (strong trend)
• +DI(14) > -DI(14) (bullish directional movement)
Price Above Key EMAs:
• Price > EMA(20)
• Price > EMA(50)
• Price > EMA(200)
Momentum Oscillators:
• RSI(14) > 50 (bullish momentum)
• MACD(12,26) > MACD Signal (bullish crossover)
• MFI(14) > 50 (money flowing in)
• Chaikin Money Flow(20) > 0.2 (strong accumulation)
• Stoch RSI Fast >= Stoch RSI Slow (bullish stochastic)
Trend Confirmation:
• Parabolic SAR < Price (bullish SAR)
• Hull MA(9) < Price (short-term trend up)
• Ichimoku Conversion Line < Price (above cloud support)
MA Alignment:
• EMA(10) < EMA(50) < EMA(100)
• EMA(200) < EMA(100)
• SMA(10) < SMA(50) < SMA(100)
• SMA(200) < SMA(100)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📊 SCREENER COLUMNS
• ALL PASS — 1 when all 20 filters pass (use this to filter)
• Score % — Percentage of filters passed (partial matches)
• Filters Passed — Count out of 20
• RSI / ADX / Rel Volume / MFI / CMF — Individual indicator values
• MACD Hist / StochRSI Diff — Momentum differentials
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 HOW TO USE
Strict Mode:
Pine Screener → Filter ALL PASS = 1 → Only stocks passing all 20 filters
Flexible Mode:
Pine Screener → Sort by Score % descending → See strongest partial matches
Example: Score 85% = 17/20 filters passed
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
💡 NOTES
• Designed for Pine Screener with BIST watchlist (500+ stocks)
• All filters run simultaneously — no sequential dependency
• MA alignment checks for a specific market structure pattern
• Works on all timeframes supported by Pine Screener (1m to 1M)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ DISCLAIMER
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always do your own analysis before making trading decisions. Past performance does not
guarantee future results.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.