TEWY - Magic Strength Indicator (SI) ScreenerDetail about this indicator
This is screener to identify outperforming Stocks/Ticker based on the indicator "TEWY - Magic Strength Indicator (SI)" I deployed earlier. So please checkout that indicator description to understand more about this screener logic.
Below are the parameters that you may need to use to get outperforming indices/tickers.
1. Screener Set Name :
• Here you can see few of the predefined Index/Ticker sets i created, which you can use to screen Index/Ticker.
• If you select Set for 'Indices' you will get the list of Indices which are out performing NSE:NIFTY. Once you know which index is outperforming, then select the Set for that Index which I already given in the dropdown. That you will get the list of outperforming stock under that index.
• If you want to see all scripts of selected Sector Index that are outperforming NIFTY and may or may not be be outperforming Sector index, then please uncheck the box for "Outperforming Child Index Also". This will get you all the list of Stocks/Tickers which are outperforming Main Index NIFTY.
• If you want to see out-performers for specific period of time then change "How Many Outperforming Candles/Bars" as per your choice
• If you want to see under performers for Short trades then select "Find Short Trades" checkbox
• If you want to see the scripts which are just changed there signal then select "Latest Only" checkbox
Always respect RISKS and follow stop loss. In market stop loss is the only friend of yours.
I have given a sample illustrational image below, which should help you understand this indicator.
Best of luck
