Madscan’s Stock Scanner Charts, Signals and Great Filters

In today’s economy, any type of edge can help when deciding to trade stocks. First and foremost, any serious investor will use a stock scanner to get real time stock alerts and news. Most stock scanning software programs can seem to be very similar…but one certainly stands out. The Madscan stock screener does everything that you could need, whether you are just getting into the market, or are a seasoned investor.

First, you begin by creating and configuring an initial scan by selecting any number of choices. This filtering process will give you a good place to start. Madscan has plenty of cool features, like spikes, candlestick patterns, moving averages and convergence/divergence crossings. You can set the spikes to represent volume, or as pricing signals…as well as taking advantage of more common features like x days above or below moving averages. The other great benefit of this stock scanner, is that you can have multiple scans running at the same time. Just name any given configuration and your parent window will house all of these alerts, and allow you to access them as needed.

Another great feature about the Madscan stock scanner program are Charts and News. Simply click on any row within your scans, and right away you will be shown two new screens, one for news, and one for charts. Even better…is that Madscan provides 4 different charts, all linked to the symbol you chose! Within this section, there are 38 studies and 11 different drawing tools…much more than any other stock screener software. Of course, news is streaming in real time from as many as 9 different sources (BusinessWire, PR NewsWire, etc).

Now that you’ve got an idea of how powerful Madscan is, take it to another level by implementing a few filters. This allows you to exclude certain data that doesn’t meet your desired criteria. An interesting feature of the filtering process is the ability to filter whether a symbol was a news item…which utilizes Madscan’s patent pending technology! Other filtering options include whether the symbol was part of an earnings report, or if it was recently involved in an upgrade or downgrade (can be filtered by specific brokerages). Basically, you can look at the filters as falling into 3 categories: General Filters, News Filters and Symbol Filters.

Finally, Madscan stock scanner software allows you to operate on three different exchanges: Nasdaq, NYSE, and AMEX. Also, Madscan is working on making alert generation available for historic data.

The bottom line is…that the Madscan Stock Scanner software package contains a great set of signals, filters and alerts to allow you to succeed. Killer features like the ability to “pop in/pop out” make it easy to manage large amounts of data in an organized fashion. The hardest part about being an investor/trader, is managing the plethora of information coming at you on a continual basis. Madscan’s real time stock scanner can help you do just that – stay ahead of the curve…
Check out the latest software at http://www.madscan.com