Stock Idea Finder

Also known as Stock Scanner or Stock Explorer


Stockalyze can help you find stock ideas using Trading Systems.

To invoke Stock Idea Finder click on Find Stock Ideas tool button on gateway window of Stockalyze:

Find Stock Ideas

Find Stock Ideas.

This will open the Find Stock Ideas dialog:

Find Stock Ideas

Find Stock Ideas.

For demonstration, Trading Systems and securities list in this dialog has been filed in the same manner as Back-testing help page. In Find Stock Ideas dialog box you can specify types of signals you are looking for. You can also specify duration of signal generated. By default last 3 days from current date is selected to look for signals. Below is the result of running Stock Idea Finder as shown in above image:

Find Stock Ideas result

Find Stock Ideas result.

You can also choose to run Stock Idea Finder on list of stocks that were in the result of another Stock Idea Finder report. For example if you want to generate stock ideas that pass by two Trading Systems then you can run Stock Idea Finder with one Trading System and then run it again with another Trading System but this time populate the security list by clicking Add from last search.

Back-test scanned ideas

It is also very important to know which signals generated by Find Stock Ideas can actually work for really executing a trade decision. So, Stockalyze has a provision of back-testing the stocks ideas with for the Trading Systems which has generated signals. To run back-testing of securities in Stock Idea Finder report go to Idea->Backtest Scanned Ideas... menu item:

Invocation point for back-testing scanned ideas

Invocation point for back-testing scanned ideas.

It will open the Backtest Stock Idea Finder Report dialog:

Backtest Stock Idea Finder Report dialog

Backtest Stock Idea Finder Report dialog.

This dialog needs parameters similar to Backtest dialog but without list of Trading Systems and securities as they are taken from result of Stock Idea Finder. Below is the result of back-test run on above Stock Idea Finder report:

Backtesting report of stocks in Stock Idea Finder result

Backtesting result of stocks in Stock Idea Finder report.

Using this report it can be figured out which of the stock ideas found by Stock Idea Finder can be used for actual trading.