Daily Market Scanner

    The scanner computes RSI(14), MACD(12,26,9), EMA(20/50), and ATR(14) on daily candles for each asset, then ranks assets from closest to oversold to closest to overbought.

    Quick answer

    The market scanner filters hundreds of symbols with ready-made criteria — top gainers and losers, most active, and level breakouts — to hand you a short, analysable shortlist instead of browsing the market manually.

    Oversold Assets
    0
    Overbought Assets
    0
    Assets Scanned
    0
    Analyzing assets…
    AssetPriceDaily ChangeRSI(14)MACDEMA20 / EMA50ATR(14)Verdict
    How to Read the Scanner Results?
    • RSI below 30 = potential oversold, above 70 = potential overbought.
    • Positive MACD indicates bullish momentum, negative indicates bearish momentum.
    • EMA20 above EMA50 signals a medium-term uptrend.
    • ATR measures volatility and is used to set stop-loss levels and position size.
    See definitions in the glossary
    Scanner results are for educational purposes only and do not constitute a buy or sell recommendation. Indicators are computed on daily candles and may change with each session close. Trading carries high risk to capital.

    How the market scanner works and how to build a watchlist

    What the scanner actually does

    The scanner screens a wide asset list and ranks it by measurable criteria such as percentage change, volume and proximity to period highs or lows. Its purpose is not an entry signal but shrinking the market from hundreds of symbols to a short list worth manual analysis.

    The best use is shifting time from searching to analysing. Opening twenty random charts drains focus before you find anything; starting from a filtered list reaches a decision faster.

    A daily scanning routine

    Scan at the same time each day — comparing results across days is what reveals assets building sustained movement rather than one-session noise.

    • Limit the scan to the market you actually trade.
    • Sort by change and volume and ignore illiquid assets.
    • Keep three to five assets maximum on your daily list.
    • Open each on live charts to check trend, indicators and key levels.
    • Check the economic and corporate calendars before entry to avoid surprise events.

    From an opportunity list to an execution plan

    A strong scanner result is not a reason to enter. A big riser may be ending its move; a faller may be starting a long downtrend. Treat the scanner as stage one, then demand clear structure from the chart: a known trend, a defined entry and a logical stop.

    With levels set, use the lot size calculator to convert stop distance into a size that fits your risk, and the pip calculator for the dollar value of each move. Log the idea in your journal even if you skip it — comparing what you did with what you could have done is the fastest way to improve your own scan criteria. Educational only, not investment advice.

    Frequently asked questions about this tool