How to Create Custom Screens in Chartink
Step-by-Step: Creating a Custom Screener in Chartink
1. Access the Screener Tool
- Navigate to Chartink’s Screener Page.
- Click on “Create Scan” to start building your custom screener.Chartink
2. Define Your Filters
- Click on “Add Filter” to set your screening conditions.
- Choose from various components:
- Stock Attributes: e.g., Open, High, Low, Close, Volume.
- Indicators: e.g., RSI, MACD, Moving Averages.
- Constants: e.g., specific numerical values.
- Operations: e.g., arithmetic ( +, -, *, / ) and comparison ( >, <, = ).
For example, to filter stocks where the current close is above the 50-day EMA, set:
- Left Operand: Close
- Operator: Greater Than ( > )
- Right Operand: EMA(Close, 50)StockManiacs+2Chartink+2Chartink+2Chartink
You can add multiple filters to refine your scan further.
3. Set Timeframes and Offsets
- Specify the timeframe for your scan:
- Intraday: 1-minute, 5-minute, 15-minute, etc.
- Daily, Weekly, or Monthly.
- Use offsets to reference previous candles. For instance, to compare the current close with the previous day’s close:
- Current Close: Offset 0
- Previous Close: Offset 1Chartink
4. Incorporate Custom Indicators (Optional)
- If you have specific formulas or strategies, you can create custom indicators:
- Go to the Custom Indicator Dashboard.
- Define your formula and save it.
- Your custom indicator will then be available in the screener’s dropdown menu.Chartink
5. Run and Save Your Scan
- Click on “Run Scan” to execute your screener.
- Review the list of stocks that meet your criteria.
- To save your screener for future use:
- Click on “Save Scan”.
- Provide a name and description for easy identification.StockManiacs
6. Export Results (Optional)
- After running your scan, you can export the results:
- Click on the “Export” button.
- Choose your preferred format, such as Excel or CSV.StockManiacs
💡 Tips for Effective Screening
- Combine Multiple Indicators: Enhance your screener’s effectiveness by combining different indicators, such as RSI with Moving Averages.
- Use Predefined Scans as Templates: Explore Chartink’s Predefined Screeners to find templates that you can customize to fit your strategy.
- Stay Updated with Real-Time Data: Consider subscribing to Chartink’s premium service for real-time data and alerts, ensuring timely decision-making.
For a visual walkthrough, you might find this tutorial helpful:
Feel free to ask if you need assistance with specific screener setups or strategies!