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.
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📌 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
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💡 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)
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⚠️ 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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.