Launching Scanners on the Definedge Zone Mobile Application
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Dear all,
We have finally launched the first version of scanners on the Zone Mobile Application.
There are technical and fundamental scanners in the scanner section of the Zone mobile app.Technical scanners include the following categories:
Fundamental Scanners
We have added multiple scanners to identify stocks with strong fundamentals. Scanners about improving profit margins, ROCE growth, reducing debt, increasing FII holdings, increasing promoter holdings, improving cash conversion cycle are added to the list. Companies which are undervalued or reducing debt are also shown on the list.
Technical Scanners
Candlestick patterns
Real-time scanning of all major candlestick patterns on the EOD timeframe. You can select a group of stocks. You can run it on daily, weekly, or monthly timeframes. There are bullish, bearish and neutral patterns.
Point & Figure
Real-time scanning of basic P&F patterns on 0.25%, 1% and 3% box-values of the daily timeframes. You can select a group of stocks. You can run it on daily, weekly or monthly timeframes. There are bullish and bearish patterns in the list.
Renko chart
Real-time scanning of basic Renko patterns on 0.25% and 1% brick-values of the daily timeframes. You can select a group of stocks. You can run it on daily, weekly or monthly timeframes. There are bullish and bearish patterns in the list.
Indicators
Real-time scanning of major indicators on daily timeframe. The scanner includes: Volume, Moving Average, RSI, ADX, D Smart, MFI, MACD, Supertrend, Adaptive RSI, Stochastic and Bollinger band indicator scanners. This scanner also includes a breakout scanner and intraday scanner conditions such as open-low and open-high.
Breakout scanners include 52-week high-low, all-time high-low, 20-day breakout, 5-day breakout, weekly and monthly breakouts, 2-year, 3-year and 5-year breakout scanners.You can select a group of stocks to run this scanner on. The default group is the Nifty 500 index.
Volume Movers
Real-time scanning of stocks recorded volume above the 20-day moving average in the current session on the Nifty 500 index. Stocks are sorted based on volume multipliers. Stocks with the highest volume compared to 20-day average volume will appear first in the list and so on.
Open Interest Buildup
A real-time list of stocks with long buildups, short-covering, long unwinding and short-buildups of futures symbols. There is an option to select an expiry.
Ultimate RS score
We have developed a method of comparing a stock of the group with other stocks in the group to measure the relative strength of the stock. We run it on multiple timeframes to check the strength of the instrument in short-term, medium-term and long-term. This combined score is derived using the Multi-timeframe Ultimate Matrix Relative Strength score.
Stocks are scored in real-time & EOD using the Matrix on Nifty 500 stocks. Meaning, each stock of Nifty 500 universe is compared with all other stocks of Nifty 500 group on multiple timeframes and scored accordingly.
The score can range from 0 to 1500. The stock outperforming most of the other stocks will appear at the top of the list and so on.
EOD scanner can help you to find stocks for positional trading and an intraday scanner can help you identify stocks for intraday and short-term trading.
52 Week High / Low
The Nifty 500 universe is scanned in real-time for stocks with a 52-week high or 52-week low recorded in the current session in the Nifty 500 universe.
Top Gainers / Losers
Real-time list of stocks with gain and loss percentage of the Nifty 500 universe in the current session. Top gainers are sorted based on percentage gain and top losers based on percentage loss.
FAST Stocks
Real-time list of stocks qualified for the FAST method. The list of stocks in strong momentum and showing outperformance in the current session on the Nifty 500 stock universe are shown in the list. This is an intraday scanner which helps you identify stocks to trade continuation breakout strategies.
Intraday X% Breadth
Intraday breadth chart of the Nifty 500 universe. It shows the percentage of stocks in a bullish swing during the day. The rising breadth line indicates a bullish trend and sentiment. This chart can help you keep a track during the day about the overall performance of the stocks and hence market sentiment. It is a leading indicator of sentiment during the day.
Not only this, the Zone app also has a Fundamental and Technical report when you click on a stock. It provides you with all important fundamental and technical analysis information about the stock.
With this, the Zone app has become an app for trading and smart market analysis.
Please note that all these scanners are REAL-TIME. This makes the app stand apart. And this is just the beginning. We will add some very interesting studies to the app.
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This is really helpful sir. Next release should.have straddle charts, RS charts and Breadth scanners. It will be a complete app then. If u can add.buzzer in the app,it will be cherry on the top. I am not apologetic about my asks as definedge team has always over delivered on our expectations
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In case you are still experiencing login issues, please connect with us at 020-61923200/[email protected]
