How to find out scrips that are trending (Bullish, Bearish, High of the day, Low of the day) in Live Market?
A simple answer to this question is
Event Selector feature in
Spider Software.
Event Selector is a method to find out live events which are occurring in the live market. The Events are pre-defined in tabs such as Bullish, Bearish, Bull Reversal, Bear Reversal, Misc, Pivot – UP and Pivot – Down.
These tabs are very useful that will inform the user about the scrips are trending & can help in quick intraday profitable trades.
Where to find Event Selector?
Query -> Event Selector -> Select Events
The above screenshot has the events related to the Bullish Markets only. You can also find the events related to Bearish Market in the other tab.
The explanation of each event is as follows :
1.
Open Gap Up
Ø This event will show the scrips that are open above on yesterday’s price close. Which means that there are bullishness in scripts, which help you to take Buy entry.
2.
Open 3.00 % Above Previous Day’s Close
Ø This event is similar to “Open Gap Up”, but in this, you will get bigger Gap Up Opening to find such major upside movement, Which you can define by percentage to take Buy Entry.
3.
Rate Crossing Above Previous Day’s High
Ø This event will show scrips whose current price is crossing above previous day’s high. This event is very popular in stock market to take buy entry.
4.
Rate Rising Above 4.00 % Previous Day’s Close
Ø This event shows scrips which are the best scripts from the top gainers of today’s market, which help you to take buying decision.
5.
At High Of Day
Ø One of the best event which finds and shows scrips that are making a new high in current trading session. Which help you to take the long entry.
6.
Rate Crossing Above Avg Traded Rate
Ø This event will show scrips that are crossing above Average Traded Price. This is the sign of bullishness, which helps to take a buy call.
7.
Cross Above Previous Move’s High
Ø This event shows scrips that cross above previous swing's high, which help you to take a buying decision. This event works on swing percentage in the settings menu.
Greater percentage gives previous highest High's crossover, which is useful to take buy call.
8.
52 Week High
Ø This event shows scrips that are making highest high of 52 week. This will help you to go long.
9.
All Time High
Ø This event shows scrips that are making new lifetime High.