Screener
How to Find High-Probability Swing Trade Setups
Curious about how traders discover stocks like GNS, FNGR, and EYEN before they make explosive moves? Here's a practical guide—based on insights from traders like @TigerLineTrades and @stockplaymaker1—to help you build a stock screener that targets fast-moving setups with strong risk/reward.
Key Screener Settings for Short-Term Swing Trades
1. Price Range: $0.50 – $20
Why: Low-priced stocks tend to show big percentage moves. This range avoids ultra-low penny stocks but keeps you in the small-cap sweet spot.
2. Average Daily Volume: >500,000 Shares
Why: High volume means more liquidity and easier entry/exit.
3. Market Cap: $50M – $500M
Why: Small caps often have the volatility you want without the extreme risk of microcaps.
4. % Change Weekly/Monthly: ±5% to ±20%
Why: Recent momentum (up or down) signals a potential breakout or bounce play.
5. RSI: 40 – 60
Why: Neutral RSI levels suggest a stock is coiled for a move without being overbought/oversold.
6. Price Near 50-DMA or Above 200-DMA
Why: A stock pulling back to the 50-day or riding above the 200-day moving average often signals continuation setups.
7. Beta > 1.5
Why: High beta = high volatility = big potential moves.
8. Within 25% of 52-Week High
Why: Stocks near highs often indicate strong uptrends with breakout potential.
9. Volume Surge > 1.5x Average Volume
Why: Sudden spikes in volume often precede explosive price moves.
10. Sector Focus: Biotech, Tech, Small-Cap Growth
Why: These sectors are loaded with catalysts like FDA decisions, contracts, or product launches.
11. Chart Patterns: Breakouts or Pullbacks
Why: Proven patterns like ascending triangles or pullbacks to support offer high-probability entries.
12. Upcoming Catalysts
Why: Earnings, FDA decisions, or news often ignite sharp moves. Track stocks with known upcoming events.
Suggested Screener Tools
- Finviz: Best for fast filtering and visual heatmaps
- TradingView: Ideal for chart validation and advanced pattern setups
- StocksToTrade: Designed specifically for momentum and swing traders
Example Screener Configuration
- Price: $0.50 – $20
- Market Cap: $50M – $500M
- Avg Volume: Over 500,000
- RSI: 40–60
- Weekly % Change: ±5% to ±20%
- Beta: >1.5
- Volume Spike: >1.5x avg
- Near 50-DMA or above 200-DMA
- Sector: Biotech/Tech
Execution Tips
- Confirm setups visually on TradingView before buying
- Set stop-loss orders 5–10% below entry price
- Watch social sentiment from traders like @TigerLineTrades and @stockplaymaker1
- Backtest your filters using past data to refine success rate
- Diversify sectors to reduce overexposure to biotech risk
Watchlist Ideas
Stocks like $TNXP, $WHLR, and $PSTV might show up on your screener based on these filters. Be sure to confirm patterns and catalysts before entry.
Disclaimer: This is educational content, not financial advice. Always do your own due diligence or consult a licensed professional.
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