About Scanner - Swing High Breakout Strategy

Swing High Breakout strategy identifies stocks breaking above their highest price of the past month, signaling strong bullish momentum.

Strategy Description -

This Strategy highlights stocks where the latest close crosses above the highest of the last 20 ticks, starting from the previous tick high, indicating a breakout.

It identifies stocks where the close price is above the 20 EMA, confirming short-term bullish strength.

It also highlights stocks where the 20 EMA is above the 50 EMA, indicating a upward trend and sustained momentum.

To ensure reliability, it also filters for stocks with current tick volume greater than the 20-tick average volume, indicating buying pressure.

To improve reliability, it filters for stocks showing 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.