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EGX Multi Symbol Accumulation Screener 20

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EGX Multi Symbol Accumulation Screener 20

This indicator is designed to help investors in the Egyptian market quickly scan multiple stocks and identify the ones that are getting closer to technically suitable accumulation zones.

It displays a group of stocks in one table with key data that long term investors usually need during review, including

Current price

Weekly RSI
Daily RSI

Distance between price and the daily EMA200
If the stock is above the daily EMA200 it is labeled
Still Bullish
and the percentage is shown as positive

If the stock is below the daily EMA200 it is labeled
Downtrend
and the percentage is shown as negative

Distance from the weekly SMA20

Distance from the lower Bollinger Band on the weekly timeframe

Distance from the 3 month low
Distance from the 6 month low
Distance from the 52 week low

The indicator also shows how many accumulation conditions are currently met for each stock, helping the user quickly focus on the names that deserve deeper review.

The purpose of this indicator is not to generate direct buy or sell orders
Its role is to provide an organized filtering tool that saves time and helps investors review many stocks more efficiently.

This indicator is more suitable for medium term and long term investors
It is not intended for short term trading or scalping.

Main features

Scans multiple stocks at once

Highlights stocks getting closer to accumulation zones

Shows the stock status relative to the daily EMA200
Still Bullish or Downtrend

Displays the EMA200 distance as positive or negative depending on price location

Uses visual coloring for faster reading

Shows the number of conditions met for each stock

Important note
This indicator is a support tool for screening and review only
It should be used together with chart review, fundamental analysis, and proper capital management before making any investment decision

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