About Scanner - 1 Week High Breakout Strategy

1 Week High Breakout strategy identifies stocks breaking above their highest price of the past week, signaling strong bullish momentum and short-term trading opportunities.

Strategy Description -

This strategy identifies stocks showing a strong breakout, where the latest close is higher than the highest high of the last 5 ticks from the previous tick.

This Scanner also filters for stocks with current tick volume greater than the 20-tick average volume, indicating strong participation and buying pressure.

To improve reliability, it filters for stocks showing strong bullish technical strength.

Additional Considerations -

• Timeframe: This strategy works best on a daily timeframe.


• Confirm with Volume: Monitor volume closely - Momentum is trustworthy when supported by good average volume.


• Avoid Sudden Spikes: If there’s a huge price move in the last two ticks, stay cautious as volatility may fade quickly.


• Filter Stocks: Apply this strategy to your favorite stock basket or your watchlist.

Fine Tune : You can customise these screeners by clicking on 'Fine Tune Filter' Option

Caution : All these screeners are crafted based on some historical scenarios which may / may notbe applicable here. We recommend to fine tune them according to current market conditions or seek expert advise before taking any decision.