GuidesBreakout Screener
Best Practices
Practical guidance for using the Breakout Screener effectively.
For Momentum Traders
- Use shorter period lengths (5–10)
- Focus on Daily, 4h, and 1h breakouts
- Prioritize strong Chg% values
For Swing Traders
- Use longer period lengths (20–50)
- Focus on Daily and Weekly breakouts
- Look for multi-timeframe alignment
For Trend Followers
Prioritize instruments where:
- W%
- D%
- 4h%
- 1h%
all point in the same direction.
This helps filter many false breakout and breakdown signals.
Summary
The Breakouts Screen is a momentum discovery tool that helps traders quickly identify instruments breaking above resistance or below support.
Use:
- Breakouts to find bullish opportunities
- Breakdowns to find bearish opportunities
- Performance columns to confirm trend strength
- Breakout Level to understand signal origin
- Settings to control sensitivity
When combined with chart analysis and sound risk management, the Breakouts Screen becomes a powerful tool for discovering emerging market opportunities before they become obvious to the broader market.