Waits 45 minutes after market open to avoid false signals, then screens stocks breaking and closing beyond previous day high (bullish) or low (bearish) with next candle confirmation. Projects targets based on previous day range size from breakout level.
Breakout
Confirmed
Momentum
Establishes the first 15-minute trading range (high/low) after market open, then screens stocks that break above the range with bullish momentum or below with bearish momentum. Filters valid ranges between 0.5-2% of previous close to avoid noise and excessive volatility.
Breakout
Early Signal
Momentum
Identifies price compression by tracking 5+ consecutive candles trading within previous day's range with tightening volatility. Screens when price explodes out with a candle 2x the average range AND >0.5% body size, indicating buildup release.
Consolidation
Breakout
Confirmed
High Volatility
Detects stocks opening 2-5% away from previous day close (gap up/down), then confirms the move with first or second candle closing in the gap direction. Tracks whether the gap gets filled and targets previous day high/low or gap-size projections.
Monitors for extreme 3%+ moves from open with 3+ consecutive same-direction candles (trend exhaustion), then screens on strong counter-direction candle indicating reversal. Targets 50% retracement (T1) and full retracement back to open (T2).
Reversal
Momentum
High Volatility
Confirmed
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