The “Explosive Stocks” screener

The “Explosive Stocks” screener

Hi all,

A little screener that can be very useful for swing traders with stocks. I essentially trade stocks with this kind of screener. This one helped me a lot at my beginnings. Sometimes, on 10 stocks, you can have an “explosive” one, which can increase your money fast (fast means that if you take 0,5% risk per trade, you can sometimes get a winning trade with +2% or 3%…)

It can detect stocks that can start increasing fast, with the following criteria :

  • high volume > 10000 and volume > 2,5 times the average volume of the last 20 periods
  • bullish candle
  • close > moving average 150 and moving average 150 increasing
  • amplitude > 5 times the average amplitude of the 20 last candles
  • close > Bollinger and Bollinger increasing in volatility (there was a range before)

On the screenshot, all criterias are here.

In order to take position, don’t forget to draw manually a resistance trend line, that the close must break.

I also always use a stop loss with 0,5% to 1% capital (last swing low, low of the previous range)


Share this

Risk disclosure:




  1. Magnatolia • 02/21/2017 #

    Hi, this is amazing! Thanks!

    Question, I’m on end of day data. How do you actually implement the results from this? I’m leaning toward more of a swing trader than day trader. Is this something that gives you what can potentially be the start of a multi-period trend up? Or is it meant for a day trader to find what is happening and try to ride it during that day?

    btw, could you explain the bollinger part? Are you looking for stocks that are so explosive they potentially break out of the bollinger bands? I don’t know much about them but thought when they hit the top/bottom this was a possible reversal indicator.

    Thanks heaps!

  2. Al Wikah • 286 days ago #

    Le n’arrive pas à faire marcher ce screener.
    Je télécharge le screener puis l’importante dans PRT et choisis un marché actions.
    Au lancement, il ne détecte rien.
    Ai-je oublié un paramétrage ?
    Merci d’avance du retour

  3. Al Wikah • 286 days ago #

    …j’ai le me problème en procédant à un copier-coller du code..

Register or



+24 more likes

Related users ' posts
marcosamo hello, thank you that seems very useful. I will try it.
HStrader Hello Vonasi Its seem a nice job again thanks
camporan You can use it 5M onwards, but the longer timeframe the more accurate it is. My preferred ar...
manchokcity can we have it in mql4 platform? or how or which platform do we use it?
camporan I don't use MetaTrader so I won't be able to do the translation myself. Sorry!
riz001 thnk u
geroniman bonjour Nicolas, j ai un indicateur le Tiger . J aiemrai placer des fleches buy et sell dire...
Nicolas Merci de formuler les demandes sur le forum. ça n'est pas le bon endroit et hors sujet ici ! ;)
GraHal Is there a switch to start / stop the Trailing SL / TP as when I GRAPH SL & TP neither a...
robertogozzi No GraHal, there's no topic open. It would be great if you could start one and post that lin...
GraHal Discussion Topic started here ...
Bard Hi Nicolas, thanks a lot for coding this interesting looking indicator. I read: https://...
Bard I've also just noticed that changing the "Bands Deviation" setting from 1.25 to eg 3 doesn't...
vandenacker THANKS A A LOT FOR SHARING. I like your trade. I try to remproduce your board but i dont arr...
umebon Tnx for sharing!! Can someone help me how i can call for the mydayhigh and mydaylow for to u...
LucioleLucide Clean view, thanks for sharing
Marie-Eve Vergoz lorsque je copie les codes, le système me signale des erreurs à la ligne 12 et suivantes
Marie-Eve Vergoz sorry - tout est ok -
winnie37 yes. "No ground breaking math here, but I am finding very useful and some algo based on it i...
Jan Wind Also interesting to know what does not work, which set up you use, saves me investigating ! ...
winnie37 i just set the proorder like this: buy when 50/100/200 phase >0 and sell when under 0, go...
Juanjo Hola, Buscando un sistema valido para operar el squeeze, he reprogramado el indicador para ...
mauro1966 BRAVO....
Nicolas En effet merci, erreur corrigée, la variable Risk affecte désormais comme il se doit les cal...
nader003 How can we get this indicator on MT4
Nicolas You can ask for private custom coding to our programming services: https://www.prorealcode.c...
coscar Ottimo lavoro. come sempre!
luxrun Nello studio di Sepiashvili viene descritto anche un altro indicatore, il Q-indicator, che è...
Maik2404 wie kann ich den Code bekommen Paul?
jens_kittner Works with US Crude at 1h as well!
Jean-Claude REGIS Je préconise de regarder les graphiques H1 et M15 pour visualiser la tendance de fond et d'...
Stenozar Thanks Leo!
Madrosat Hi Leo something is missing in the strategy above because it does not work at all as it is
Leo I don't know, I just copy paste the strategy. The optimisation of the values I wrote them in...
osupero Buenisimo Sr Nicolas, seria posible que sólo marcara por encima o por debajo de una media mo...
lokbuscas is it possible to make a screener with this conditions??? thank you
achel I believe so but I leave it to Nicolas to decide if it is possible
Nicolas Please open a new topic in the screeners forum
10 months ago
JvdG I meant of course: since ld56 is one of the constituents of ld48;
Nicolas You are right about ld56. Since this is a translation from another programming language, I d...
Florian Legeard C’est à dire sur le prix et non sur le temps ? Merci