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Stock scanner for breakouts on Asian, European, Japanese and US bourses?

Discussion in 'Software and Data' started by sglion15, May 5, 2015.

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  1. sglion15

    sglion15

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    Hi,

    I am a discretionary trader and had never use any scanning nor automated software before. So appreciate your good advice. I am wondering if there is any software or website, which can perform the following daily scans:
    1. Breakouts (3 months or longer)
    2. Daily end of day prices would do
    3. For following bourses:
    - Hong Kong, Singapore, Japan, Europe, US

    So the output I need is simply a list of stocks in above bourses which have broke out of a 3 month high, or 1 year high, upside or downside. I do not need the software to carry out the trade, so I would prefer if the software is not directly linked to any brokerage.

    The benchmark of comparision would be Metastock. My problem with Metastock is the cost of the annual price feed is expensive based on above requirement.

    Appreciate it if you know and can share :xyxthumbs
     
  2. colion

    colion

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    A quick Google should give you some leads. Here is one for websites: http://www.investingdaily.com/10977/best-stock-screening-tools-on-the-web/

    In addition, I suspect that a number of programs in addition to MetaStock will work (e.g., Multicharts, eSignal, Tradestation, AmiBroker) which you can investigate and even a spreadsheet. As you note, you can probably get the information you want with a number of broker platforms (usually need an account but no need to place a trade).

    Your data concern for MetaStock might be solved by using a downloader which generates data in MetaStock format from free sources (e.g., HSQuote, MLDownloader, etc.).
     
  3. sglion15

    sglion15

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    Hi Colion

    Appreciate your reply. I will investigate those resources you have shared :xyxthumbs
    Thanks!

     
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