Best Finviz Screener Settings [Find Stocks Before They EXPLODE] - YouTube

Let me paint you picture. You just woke up. You brushed your teeth. Got your coffee. And

now you re doing your morning stock preparation, spending hours scrolling through 10 s if not

100 s of different stocks. Trying to find that one gem that will make your profitable

that morning. Have you ever wondered if there s a magical

way to completely filter out thousands of stocks, so you only see the ones that fit

your exact requirements? Maybe you re only looking for bounce plays? Maybe you re only

looking for breakouts? Maybe you re looking for gradual gainers? Sharp gainers? Longs?

Shorts? Well lucky for you, there is a way. And In

this video I m going to share with you my Stock screener settings that I use every morning

before I trade. So I can filter out all the noise, and only go through stocks that I d

be genuinely interested in. This will save you tons of time, will give

you a better watchlist, and if you do it correctly, this in itself will make you a more profitable

trader. Well, let s not waste any time, let s get

straight into it. First things first you re gonna need a stock

screener. There are a ton of different screeners out there, some are better than others. But

for the most part, they are all the same. If you don t have one yet. Id definitely suggest

getting one if you re looking to get into day trading seriously or even trading at all.

It s an important tool to have in your arsenal and can be the difference maker of you making

money or not. I ll be using FinFiz for these examples, but

most screeners will do just fine. The cool thing about this website is that it s completely

free to use. I ll leave a link in the description. Now, I don t know what type of trader you

are. You might be a risker trader than me, you might be a more passive trader. Everyone

is going to be different. That s why I m gonna give you multiple different presets that I

use so we can include all the types of traders. I guess what I m trying to say is, don t feel

like you have to copy my setting for verbatim, change them to whatever trading style fits

you best. It s important rather than just copying my settings, you understand the thought

process behind it. Also make sure you watch this whole video

because I will be leaving multiple different screener settings, and one of them is an absolute

gem that works wonders for me. I m also not going to be explaining each and

ever setting and why I m using it because I have a bunch of different presets, and if

I explained each and every one of them, this video would be an hour long. If you want more

information or have a questions of why I selected a specific setting ask in the comments and

I ll try to answer. Alright, so the first strategy we are going

to be doing, is for stocks that we want to buy and hold. These aren t short term trades,

these aren t day trades, they are trades that we can be confident in and not sell. Most

of these charts should look like this where they have steady and consistent growth.

The first setting we want to change is market cap. We only want to be looking at stocks

over 50 million. This will filter out any and all penny stocks.

Next, we only want to see stocks that are above the 20 day moving average.

We want to see a Beta over 1.5. EPS growth over the next 5 years should be set to over

10%. Return on equity set to over 15%. Then we want the current ratio over 1.5

Another cool thing about finfiz is that you can get more details about a specific filter

if you don t necessarily know what it means. So for example, if you don t know what current

ratio is, you can hover over it and see that its assets divided by liabilities.

So if you are wondering why I selected something, just hover over it and it ll explain what

that specific filter means. So as you can see, after adding all these

filters, we get a nice little list of stocks. Now I should also mention right now. Not all

these stocks down here are going to be good plays. That s an important concept to understand

with screeners. You should treat them as filters, not absolute trades.

So this should be used as just a simplified list so you don t have to look at 6,000 different

stocks. So what I normally would do is take this list.

Go through each and every chart, look up the company if I don t know it already, and see

if I like it. If I do, I ll enter a trade.

So as you can see with these settings, most of them are slow and steady gainers going

up. You can also see that we have 18 stocks. Maybe

that s too big of a list for you. Well, you can simply make your settings more extreme.

So instead of an eps of 10% you can set it to 20%. Now you can see we only have 12 stocks

to look at. That s the cool thing about screeners, you

can customize them to your needs. You can also select which data you want to

look at, so maybe you want to see the stocks performance, well, you can just click this

tab to do so. So you can get some really good information with these tabs.

You can also hover over the stocks ticker, and it ll show you a quick example of what

the chart looks like. So you don t sit here and open each every one on trading view.

So what I normally do is hover over each, to see if I like the general style of the

chart, then, ill open on trading view to do some more in depth technical analysis.

The next preset we will look at is for oversold bounce plays. Here s the strategy for this

one. We are looking for stocks that probably dropped too much and the market over reacted.

So what we want are plays like this. Where there was a recent drop, and the price is

started to correct itself. So we can enter or atleast watch for a bounce play.

These are usually are really nice because bounce plays usually bring big movers, and

big movers, bring in a lot of profit. And most of the time, you re getting the stock

for a pretty good price. So for this, we want the stock price to be

over $5. We then want the RSI to be oversold. This will give us only stocks that the market

probably overreacted on. Next we want to se the change to up. Saying

that it recently just started going back up. The we want to set the relative volume to

over 2. Which is basically saying that we want to see stocks that have 2 times to the

volume it usually does. So with these settings, we are looking for

oversold stocks, that are recently going up, and a lot more people are entering than usual.

We got a nice set of stocks, where if we go through them, almost all of them just recently

went down, and are started to correct a bit. One recommendation I would have with this

style of trading is to be a little patient. You don t want to catch a falling knife. Not

all of these will bounce back up. Some of them will act like they want to correct, but

then just keep falling. So I d suggest just putting these on a watch

list, watch them for a bit, wait for some confirmation, then enter. You can make some

really good plays with this preset.

This next preset is looking for breakouts. Breakouts can be really nice, because once

they are confirmed, most of the time, they sky rocket. It s a really nice list to have

just to just watch every now and then for a potentially good gainer.

What we are looking for are stocks like these, where it s just now getting to a new high,

and is ready to keep going. So for this strategy, we want to the chart

to be in a strong uptrend. To make sure we are getting that, want the price to above

the 20 day, 50 day, and 200 day moving average. Next want to stock to be at a new high from

the past 50 days. We also want return on equity to be over 20%.

This is just saying that we want the company to be investing shareholders money efficiently.

We also want the debt/equity ratio under 1. So we know the company doesn t have a lot

of debt and liabilities. The final setting we want is an average volume

of over 100k. So we know this stock is seeing some interest from people and is pretty liquid.

You should get charts that look like this. Going up up and creating new 50 day highs.

The play one these is just watch them for a bit, maybe see if they are breaking a key

resistance, and give some confirmation, and enter. Again, not all of these winners. It

s up to you to decide which charts look good. Maybe you are short trader, and don t like

trading long that often. Well these next setting are for you. These are short plays. Most of

the charts will look like this. Price with downward movement.

The first setting we want for this is market cap. We only want to look at stock over 300million.

We want the price to be over $5. We want the float short high, at 20%. This

is basically saying there are a lot of other short traders shorting these stocks at the

moment. Next, we want an average volume of over 500k.

Saying that we want big downwards movements and a lot of traders entering giving us liquidity

to exit the trade whenever we want. Then we want a relative volume over 1. So

saying we want a volume higher than what it normally is.

Then we want the current volume over 500k. And boom, you get a couple stocks that have

some great potential for enter a short position. What s cool about this one is the float setting.

So when enter this trade you can be confident there are others hopping on the same exact

strategy you are doing. The next preset we will be taking a look at

is bounce plays off moving averages. So it should look something like this, where price

came down, and is looking to bounce off the moving average, using it as a support, and

head upwards. To do this, we want our price to be above

the 20 day moving average, but we want the price to be below the 50 day moving average.

Then we want an average volume of over 400k, telling us this stock has a lot of activity,

we want a relative volume over 1, telling us its higher than normal, and then we want

a current volume of over 2 million. As you can see, it gave us a lot of different

charts that went down recently, but are looking to bounce off the moving average, and start

heading upwards. This next preset is for all my dividend traders

out there. We will be trying to find undervalued stocks that are looking to grow, but they

also pay dividends. First things first, we want large market cap

stocks, so we will set it to over 10 billion. Next we want a positive dividend yield of

over 0%. Telling us, all these stocks pay dividends. Next we want a P/E ratio of under

20. Saying it s potentially undervalued. Then we want an EPS growth for the next 5 years

at over 5%, telling us the company is growing. We want a payout ratio of under 50%.

We want a low PEG, giving us stocks that are undervalued.

The we want an eps growth next year of over 5%

It s going to give you a nice list. A lot of these charts will look different. Some

will be going up, some will be going down. It s just important to realize that with these

settings we are looking for undervalued stocks, that have growth, and pay dividends.

This next and final present is going to be showing you companies with insane growth and

earnings. All these companies will most likely be a really good buy.

We want to be trading with the trend on this one, so we want the price to be above 200

day moving average. We also want an average volume of over 400k, telling us there is a

lot of activity. Went then want the eps growth for this year to be over 25% we also want

it to be over 25% for the quarter and for next year. Then we also wants sales for the

quarter to also be over 25%. This in itself, will give us some really strong

companies. Then we want to companies that are not over

sold. With an RSI over 50. And there ya go, it s going to give you some strong companies

with great earnings recently, which most of the time, means they are going to be doing

good. If you got absolutely value from this video,

I d really appreciate it if you took 5 seconds out of your day and liked this video.

Maybe you need a trading strategy to know when to enter or exit some of these stocks?

Well try these strategy out. Where I made 130% profit with it in just 2 months of trading.

Thanks for watching, and I ll see you guys. Next time.