Knowledgebase
When I get a list of stocks with flag formations through TradeFinder, how can I choose the best candidates for trading?
Posted by Charlie Trader on 30 March 2018 05:27 PM

The key is finding the neatest flags, supported by the OVI.

All the other indicators such as open interest, trending months and volume patterns are nice to have as additional filters if the initial results list is overwhelming.

Therefore, it is recommended that in the first instance, you use as few filters as possible to find the neatest flags and then add other filters to narrow your results further. 

Our most successful traders use a combination of discretion and the software.

 


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