Imbalance Alerts, Advanced alerts, and Trading signals
November 25, 2009 – 9:56 pmMadScan.com is known for its top notch stock screener with real time stock alerts and advanced features for online traders. Using proprietary algorithms, Madscan helps its clients trade intelligently by providing stock screener software with a variety of advanced alerts and trading signals. Some of the categories of alerts and signals include:
• High or Low Related Signals
• Open or Close Related Signals
• Candle Pattern Signals
• Moving Averages
• Reversal Related Signals
• General Filters
• News Scans
• Exchanges Lists
Madscan offers a wide range of video tutorials for a subscriber to walk through their feature rich system. Their stock market scanner software contains hundreds of alerts and filters that you will want to understand and familiarize yourself with. Such as, configuring open indicators and imbalance alerts, and other news filters, it is a good idea to watch these videos for a quick online trading lesson. Having a firm understanding of how to configure these alerts will play a large role in your success as an online stock trader.
One of the more interesting features are the imbalance alerts, the NYSE imbalance alerts only happen near the end of the trading day. These are based on the specialist’s market on close orders. If there are more people trying to buy a stock than are trying sell the stock, then we call that a Buy Imbalance. Inversely, if there are more people trying to sell, then we call it a “sell imbalance.” The details of the alert include the size of the imbalance in shares.
When there are more buyers than sellers that often pushes the price of a stock higher. When there are a lot more sellers than buyers, the demand goes in the other direction. The imbalance data speaks directly to these facts. That’s why the green color is used to show buy imbalances, and the red to show sell imbalances. Madscan stock scanner software takes full advantage of these alerts so the trader can achieve an edge over the day trader that is not online.
In this Madscan video (www.madscan.com/ShowVideo.cfm?VideoID=20) , an overview of the List Scan features are explained. By opening up the Filter Scan Settings, you can generate real-time lists of just about any criteria you are looking for. Now, if you are really attracted to the News Filters, you will want to take the Madscan Elite product for a test run. It contains all of the features included in the Madscan Standard product; however it also contains real time news filters, streaming news and business wires. The product also comes with a 1 month free trial, so there is nothing to lose!
Another cool feature of the Madscan Stock Scanner is the ability to see recent IPO’s, Mad Money mentions and Upgrades/Downgrades. Choose from IPO’s within the last 3, 6, or 12 months and then adjust the settings to refine your search. For upgrades/downgrades, you can narrow your filter by investment firm, and then by any other metric from your existing lists.
If you are a veteran of online trading, you can also upload lists into the MadScan Stock Market Scanner. You can upload from a text file (.txt) or from CSV (.csv), and bring them directly into your lists. From here, you can configure you filters as normal and save these settings for future use. Please note that you can maintain separate lists for different accounts, or even just for different strategies.
Obtaining real time stock alerts has never been easier with in-depth video tutorials, live online help, and 1 month free trial on Madscan Software; there is great potential here to take your trading to the next level. Fully customizable stock screening and real-time news updates are just a click away.


