Alerts & Filters in Power E*TRADE Pro Strategy Scanner Power E*TRADE Pro Strategy Scanner provides real-time technical screening and backtesting based on predefined and custom strategies. With custom strategies, you can not only select and customize alerts, but you can also set filters to further define the types of stocks and situations that will qualify. This degree of customization can make your strategies even more focused and precise, and give you a significant edge in the markets. This document provides descriptions for all Strategy Scanner alerts and filters. Click either of the following links to navigate directly to a particular section: Alerts Technical alerts and chart patterns (e.g. new highs/lows, moving average crossovers, and double bottoms) Filters Conditions that must be met for an alert to be generated (e.g. minimum/maximum price, volume, and gap size) To set alerts and filters for your strategies, simply select Strategy Setup from the My Strategies menu in the Strategy Scanner window. This will bring up the Strategy Alerts tab of the Strategy Setup dialog box, where you can select and customize the alerts in your strategy. Click the Strategy Filters tab to customize filters. For more information on setting alerts and filters, please visit the Power E*TRADE Pro Help Center. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 1 of 67
New High New Low New highs or lows for the number of days specified in the Quality field. Also shows the number of days since the price was higher or lower. Number of days used to determine new highs or lows. The default is 0, which will return all new highs and lows for the day s current session; a value of 365 will return results based on prices over the past year. New High Ask New Low Bid New high asks or low bids (based on prices during the current session) for a minimum number of shares. Not active in the 30 seconds before or 60 seconds after market open. Minimum number of shares attached to new high asks or low bids for the day s current trading session. New High (Filtered) New Low (Filtered) Filtered new highs or lows for the number of days specified in the Quality field. Also shows the number of days since the price was higher or lower. Unlike unfiltered new highs (above), when the price of a stock changes many times in quick succession, only one of these alerts will be generated (typically no more than one per minute). Exception: If the price increases more than the stock s volatility would suggest, a new alert will be shown. Number of days used to determine new highs or lows. The default is 0, which will return new highs and lows for the day s current session; a value of 365 will return results based on prices over the past year. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 2 of 67
New High Ask (Filtered) Filtered new high asks or low bids (based on prices during the current session) for a minimum number of shares. Not active in the 30 seconds before or 60 seconds after market open. Minimum number of shares attached to new high asks or low bids for the day s current trading session New Low Bid (Filtered) Unlike unfiltered new high asks and low bids, when the price of a stock changes many times in quick succession, only one of these alerts will be generated (typically no more than one per minute). Exception: If the price increases more than the stock s volatility would suggest, a new alert will be shown. New High Bid (Filtered) New Low Ask (Filtered) Filtered new high bids or low asks (based on prices during the current session) for a minimum number of shares. Not active in the 30 seconds before or 60 seconds after market open. When the price of a stock changes many times in quick succession, only one of these alerts will be generated (typically no more than one per minute). Exception: If the price increases more than the stock s volatility would suggest, a new alert will be shown. Minimum number of shares attached to new high bids or low asks for the day s current trading session Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 3 of 67
Pre-Market Highs Pre-Market Lows New pre-market highs or lows for the number of days specified in the Quality field. Also shows number of days since the price was higher or lower. Screens pre-market prints only, but uses prices from regular market sessions to determine what qualifies as a new high or low. Number of days used to determine new highs or lows. The default is 0, which will return all new highs and lows based on the day s current pre-market session; a value of 365 will return results based on prices over the past year. Post-Market Highs Post-Market Lows New post-market highs or lows for the number of days specified in the Quality field. Also shows the number of days the price was higher or lower. Screens post-market prints only, but uses prices from regular market sessions to determine what qualifies as a new high or low. Number of days used to determine new highs or lows. The default is 0, which will return all new highs and lows based on prices in the current post-market session; a value of 1, on prices during the current day s regular session; and a value of 365, on prices over the past year. 75% pullback from lows (Close) 25% pullback from lows (Close) From the previous close, following a stock s price down to a low, an alert will be generated when the stock regains 75% or 25% of the move from the previous close. The amount of the pullback from the low must be at least $0.01 to generate an alert. Amount of the pullback to the high from the low before an alert is generated Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 4 of 67
75% pullback from highs (Close) 25% pullback from highs (Close) From the previous close, following a stock s price up to high, an alert will be generated when the stock pulls back 75% or 25% of the move from the previous close. The amount of the pullback from the high must be at least $0.01 to generate an alert. Amount of the pullback to the high from the low before an alert is generated 75% pullback from lows (Open) 25% pullback from lows (Open) From the open, following a stock s price down to a low, an alert will be generated when the stock regains 75% or 25% of the move from the open. The amount of the pullback from the low must be at least $0.01 to generate an alert. Amount of the pullback to the high from the low before an alert is generated 75% pullback from highs (Open) 25% pullback from highs (Open) From the open, following a stock s price up to high, an alert will be generated when the stock pulls back 75% or 25% of the move from the open. The amount of the pullback from the high must be at least $0.01 to generate an alert. Amount of the pullback to the high from the low before an alert is generated Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 5 of 67
75% Pullback From Lows 25% Pullback From Lows From a high, following a stock s price down to a low, an alert will be generated when the stock regains 75% or 25% of the move from the high. The amount of the pullback from the low must be at least $0.01 to generate an alert. To start the session, the alert will use either today s opening price as an initial high (if it is higher than the previous close) or the previous close. Amount of the pullback to the high from the low before an alert is generated 75% Pullback From Highs 25% Pullback From Highs From a low, following a stock s price up to high, an alert will be generated when the stock pulls back 75% or 25% of the move from the low. The amount of the pullback from the high must be at least $0.01 to generate an alert. To start the session, the alert will use either today s opening price as an initial low (if it is less than the previous close) or the previous close. Amount of the pullback to the low from the high before an alert is generated Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 6 of 67
Check Mark Generated if a stock s price moves: For a check mark From a new high to a new low, then to another new high For an inverted check mark From a new low to a new high, then to another new low No Quality field available Inverted Check Mark Note: Alert will not be generated before the open or during the first three minutes of trading. The last part of the pattern must occur at least three minutes after open. % Up For The Day Stock price moves up or down from the previous close by the percentage specified in the Quality field. Percentage change from the previous close used to generate the alert. The default and minimum are 3%. % Down For The Day Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 7 of 67
Standard Deviation Breakout Standard Deviation Breakdown Stock price moves up or down from the previous close by the standard deviation specified in the Quality field. Note: Standard deviation for these alerts is based on a year's worth of volatility data with recent data weighted more heavily, and the formula scaled so that "1" represents a standard deviation for one day. Change in standard deviation from the previous close used to generate the alert. The default is 1. Always rounds up to the next integer. Crossed Daily Highs Resistance Crossed Daily Lows Support Stock s price crosses above or below any previous day s high or low (for the first time since the end of that previous day). A subset of the high/low alerts, these are used to report an established new high/low e.g. a new high from a 5-day high. Number of days used to determine crossings. The default is 0, which will return all crossings based on the previous day s high or low; a value of 365 will return results based on the 52-week high or low. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 8 of 67
Large Bid Size Generated when a stock has an unusually high number of shares on the best bid/ask. Alert can show: Size Increasing Number of shares is increasing for the large lot bid/ask Price Increasing Price is increasing for the large lot bid/ask Price dropping Price is dropping for the large lot bid/ask Number of shares in the bid/ask required to generate the alert. A value of 10,000 shares is the minimum, unless the stock typically trades under 1,000,000 shares per day, in which case the minimum value is 6,000. Large Ask Size Note: These alerts are generated only for stocks with an average daily volume of less than 3,000,000 shares. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 9 of 67
Market Crossed Bid price of a stock is higher than the ask price. These alerts are automatically filtered so that if the market is crossed several times in quick succession only one alert will be shown. Not intended for arbitrage most crossed markets resolve in 1 2 seconds. Market Crossed Up Market Crossed Down The Crossed Market alert types are: Market Crossed All crossings are reported Market Crossed Up An ECN is reporting a higher bid than ask on the stock s primary market Market Crossed Down An ECN is reporting a lower ask than bid on the stock s primary market The spread required to generate the alert (default 0.0001) Market Locked Bid and ask prices of a stock are the same. If the market is locked several times in quick succession, you ll only be notified the first time. No Quality field available Large Spread Alert will be generated if the specialist's spread for a NYSE stock suddenly gets large $0.50 or more. If the spread changes multiple times in a short period, you ll only be notified the first time. No Quality field available Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 10 of 67
Trading Above Occurs when someone buys a stock for more than the best ask price or sells for less than the best bid. If multiple alerts are generated close together, only one will The number of times trade activity occurs in a short period before an alert will be generated Trading Below show (though the number of occurrences will be noted in the alert description). Trading Above Specialist Trading Below Specialist Occurs when someone buys a stock for more than the best ask price on the NYSE or Amex specialist s book or sells for less than the best bid. If multiple alerts are generated close together, only one will show (though the number of occurrences will be noted in the alert description). The number of times trade activity occurs in a short period before an alert will be generated Offer Stepping Down The stock has a large number of shares on the offer. (The minimum size on the offer is different for different stocks.) The best offer price is exactly one penny above the last sale price. The sale price drops, and the large offer follows it. The prices must drop at least one more time in this way before the first alert is generated. Another alert is generated each successive time the price steps down in this way with filtering added to remove noise. No Quality field available Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 11 of 67
NYSE Buy Imbalance NYSE Sell Imbalance Occurs only near the end of the trading day; these are based on the specialist's market on close orders. If there are more shares desired on the buy side for a stock than the sell side it is a "buy imbalance." If more orders are on the sell side then the buy, then we call it a "sell imbalance." Size of the imbalance as a percentage of the total number of shares traded that day for the stock Crossed Above Open Crossed Below Open Generated any time a stock crosses above or below the day s open. During the pre-market session, the previous day s open will be used as the crossover point. Number of seconds since the last time a stock triggered the alert (or from the open, for the first alert of the day). The default is 0, which will show every crossover; a value of 60 will return results only if the price remains above or below the open for 60 seconds before crossing again. Crossed Above Close Crossed Below Close Generated any time a stock crosses above or below the previous close. During the post-market session, the close of the current day s regular market will be used as the crossover point. Number of seconds since the last time a stock triggered the alert (or from the current day s close, for the first alert of the postmarket). The default is 0, which will show every crossover; a value of 60 will return results only if the price remains above or below the close for 60 seconds before crossing again. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 12 of 67
Crossed Above Open (Confirmed) No Quality field available Crossed Below Open (Confirmed) Crossed Above Close (Confirmed) Generated any time a stock crosses above or below the open or the previous close. For opening crossovers, during the pre-market session, the previous day s open will be used. For closing crossovers, during the postmarket, the close of the current day s regular session will be used. To increase the likelihood that each alert is significant, statistical information based on time volume and price is used to confirm the move. This can cause a slight delay between event and alert delivery. Crossed Below Close (Confirmed) Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 13 of 67
Sector Breakout (From Open) Reports a breakout or breakdown if a stock is performing better or worse relative to its opening price than the rest of the sector. Not available for indexes, or during the pre-market. Percentage difference from the expectation for the stock based on sector performance (minimum value 1%) Sector Breakdown (From Open) Sector Breakout (From Close) Note: Alerts are based on an algorithm that seeks to identify an index best suited as an indicator for the stock, based on a comparison of intraday moves and other statistical information. The index is often specific to the stock s sector, but may represent the broader market. For some stocks, no index is appropriate, and no results are returned. Sector Breakdown (From Close) Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 14 of 67
Positive Market Divergence Negative Market Divergence Reports a breakout or breakdown if a stock is performing better or worse relative to its price from the previous close than the overall market, as represented by the tracking stock for the Nasdaq-100 (QQQQ). Percentage difference from the expectation for the stock based on market performance (minimum value 1%) Consolidation Generated when a stock s price range is narrowing, as determined by divergence from a pre-calculated volatility; evaluated on average every 15 minutes. Quality of the consolidation. Range is 2 10, with 10 being the strongest. A consolidation value of 2 (the default) is considered strong. High Relative Volume Volume for the stock is higher than normal for the time of day, relative to the average volume at that time over several recent days. Data is reviewed every 15 minutes. Ratio of the current volume over the historical volume at which an alert will be generated. A value of 1.5 is the default and minimum. 1 minute volume spike Similar to the High Relative Volume Alert, this alert triggers when volume is higher than normal for a time of day for a given stock compared to a historical baseline. However, the data is reviewed every minute so it may show an excess amount of alerts for thinly traded stocks Ratio of the current volume over the historical volume at which an alert will be generated. A value of 1.5 is the default and minimum. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 15 of 67
Strong Volume Volume for the stock is higher than normal for the day, relative to the average total daily volume over several recent days. By default, alerts are first generated when the average daily volume is reached, and then at each multiple thereafter. Multiple of average volume at which an alert will first be generated. For example, a value of 1 (the default) will first generate an alert when average daily volume is reached; a value of 2 will first generate an alert at two times normal volume, and so on. Unusual Number of Prints Alert is triggered when a stock generates unusually high bid, ask, and/or trade activity for the time of day. Activity must be at least five times higher than normal. Alerts are generated at increments of five (five times normal activity, 10 times, etc.). Multiple of average activity in bids, asks, and/or trades at which an alert will be generated (minimum 5). Running up now Running down now Generated when a stock s price moves up or down quicker than expected relative to the volatility of a stock over a one-minute period. The amount of the move in $, please note if a stock has a normal volatility of 10 cents, a quality field of 10 cents or less will not generate an alert for that stock. Running Up Running Down Generated when a stock s price moves up or down very quickly relative to volatility over an approximately oneminute period. Filtered to report only clear, statistically valid moves. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 16 of 67 The speed of the move. Range is generally from 1 10 (but can be higher). A value of 5 returns alerts for stocks that are moving briskly. The higher the value, the fewer alerts will be generated. Very few stocks will have values higher than 10.
Running Up (Intermediate) Running Down (Intermediate) Generated when a stock s price moves up or down very quickly relative to volatility. Filtered to report only clear, statistically valid moves. Requires more consistent moves than basic Running alerts, but less consistent than confirmed Running alerts. Ratio of the stock s move to the average move for the stock (as determined by intraday volatility over the past two weeks). Minimum value is 2. Running Up (Confirmed) Running Down (Confirmed) Generated when a stock s price moves up or down quickly relative to volatility over an approximately 15- minute period. To generate an alert, more volume is required than for unconfirmed Running indicators. Filtered to report only clear, statistically valid moves. The speed of the move. Range is generally from 1 10 (but can be higher). A value of 1 shows all confirmed moves, and 5 returns moves that are considered brisk. The higher the value, the fewer alerts will be generated. Very few stocks will have values higher than 10. Crossed Above 200-Day Moving Average Crossed Below 200-Day Moving Average Generated when a stock s price crosses above or below its simple moving average for the period. No Quality field available Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 17 of 67
Crossed Above 50-Day Moving Average Generated when a stock s price crosses above or below its simple moving average for the period. No Quality field available Crossed Below 50-Day Moving Average Crossed Above 20-Day Moving Average Crossed Below 20-Day Moving Average Crossed Above VWAP Crossed Below VWAP Generated when a stock s price crosses above or below its Volume Weighted Average Price. No Quality field available Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 18 of 67
Positive VWAP Divergence Negative VWAP Divergence Generated when the last bid, ask, or trade for a stock is a specified amount away from the current Volume Weight Average Price. The integer percentage difference from the VWAP Gap Down Reversal Gap Up Reversal Generated when a stock s price opens with a gap from the previous close and then reverses to cross above or below the close. Also reports gap continuation (the amount the stock s price moved in the direction of the gap after the open before reversing) The minimum distance in price, from the extreme point after the gap, back to the previous close False Gap Up Retracement False Gap Down Retracement Generated when a stock s price opens with a gap from the previous close, starts to fill the gap, and then continues down in the direction of the original gap. The gap must be significant and the price can only partially fill the gap i.e. if the price crosses the previous close, the retracement will not be considered false. Percentage of the gap that must be partially filled before the stock price moves back in the direction of the original gap Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 19 of 67
Channel Breakout (Confirmed) Channel Breakdown (Confirmed) Shows when a stock s price moves up or down quickly after a consolidation. To generate an alert, more volume is required than for unconfirmed Channel Breakout indicators. Filtered to report only clear, statistically valid moves. Similar to a confirmed Running Up / Down indicator after Consolidation. The speed of the breakout. Range is generally from 1 10 (but can be higher). A value of 1 shows all confirmed breakouts, and 5 returns breakouts that are considered brisk. The higher the value, the fewer alerts will be generated. Very few stocks will have values higher than 10. Channel Breakout Shows when a stock s price moves up or down quickly after a consolidation. Filtered to report only clear, Channel Breakdown statistically valid moves. Reports more quickly than confirmed versions. Similar to an unconfirmed Running Up / Down indicator after Consolidation. The quality of the consolidation. Range is 2 10, with 10 being the strongest quality. 5-Minute Consolidation Breakout 5-Minute Consolidation Breakdown Generated if a bid, ask, or trade is reported outside a stock s consolidation range. The consolidation pattern must last at least as long as the duration in the alert name. Formula pays very little attention to volume. The minimum breakout from the consolidation range in dollars Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 20 of 67
10-Minute Consolidation Breakout 10-Minute Consolidation Breakdown Generated if a bid, ask, or trade is reported outside a stock s consolidation range. The consolidation pattern must last at least as long as the duration in the alert name. Formula pays very little attention to volume. The minimum breakout from the consolidation range in dollars 15-Minute Consolidation Breakout 15-Minute Consolidation Breakdown Generated if a bid, ask, or trade is reported outside a stock s consolidation range. The consolidation pattern must last at least as long as the duration in the alert name. Formula pays very little attention to volume. The minimum breakout from the consolidation range in dollars 30-Minute Consolidation Breakout 30-Minute Consolidation Breakdown Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 21 of 67
Crossed Above Resistance (Confirmed) Crossed Below Support (Confirmed) Generated when a stock moves above its resistance or below its support. Sufficient volume is required. The minimum number of hours the support or resistance pattern must be in effect for the crossing to be recognized. This quality is a measure of both time and volume i.e. two-times normal volume during one hour is considered two hours of trading. Crossed Above Resistance Crossed Below Support Generated when a stock moves above its resistance or below its support. Because this alert does not require volume confirmation, it tends to report more quickly than its confirmed equivalent. The minimum number of hours the support or resistance pattern must be in effect for the crossing to be recognized. This quality is a measure of both time and volume i.e. two-times normal volume during one hour is considered two hours of trading. Block Trade Reports trades of over 20,000 shares, often with a description of the price at the bid/ask, above the ask, below the bid, or between the ask and the bid. Minimum number of shares Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 22 of 67
Broadening Bottom Broadening Top A broadening pattern is defined by a series of at least five consecutive points of higher highs and lower lows. An alert is generated when: For a broadening bottom The stock s price touches the bottom of the pattern, then turns back up on sufficient volume For a broadening top The stock s price touches the top of the pattern, then turns back down on sufficient volume The minimum number of hours the broadening pattern must be in effect for the bottom or top to be recognized. This quality is a measure of both time and volume i.e. two-times normal volume during one hour is considered two hours of trading. Triangle Bottom Triangle Top A triangle pattern is defined by a series of at least five consecutive points of lower highs and higher lows. Sufficient volume is required. The minimum number of hours the triangle pattern must be in effect for the bottom or top to be recognized. This quality is a measure of both time and volume i.e. twotimes normal volume during one hour is considered two hours of trading. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 23 of 67
Rectangle Bottom A rectangle pattern is defined by a series of at least five The minimum number of hours the consecutive points of highs and lows, each at about the rectangle pattern must be in effect for the \ same price level. Sufficient volume is required. bottom or top to be recognized. This quality is a measure of both time and volume i.e. two-times normal volume during one hour is Rectangle Top considered two hours of trading. Double Bottom Double Top Shows when there are two or more lows (bottoms) or highs (tops). The time and volume between the bottoms or tops must be significant. Also reports triple and quadruple bottoms and tops; in these cases, the time and volume requirements are less stringent. The minimum number of hours between the first and last bottom/top. This quality is a measure of both time and volume i.e. twotimes normal volume during one hour is considered two hours of trading. Inverted Head and Shoulders Head and Shoulders A standard or inverted head-and-shoulders pattern is defined by five consecutive turning points with the first and last at about the same price level, the second and fourth at similar highs or lows, and the third at the highest low or high in the sequence. The minimum number of hours the pattern must be in effect to be recognized. This quality is a measure of both time and volume i.e. two-times normal volume during one hour is considered two hours of trading. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 24 of 67
5-Minute High Generated when a high or low is recorded relative to the No Quality field available 5-Minute Low price range of the previous same-length interval. If there was no volume during the previous interval, the most recent interval with volume will be used. 10-Minute High 10-Minute Low 15-Minute High 15-Minute Low 30-Minute High 30-Minute Low 60-Minute High 60-Minute Low Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 25 of 67
Trailing Stop, % Up Trailing Stop, % Down Generated when a reversal of a specified percentage occurs. The percentage amount of the reversal (default 0.25%). A reversal from a low or high is indicated by a plus or minus sign respectively. Trailing Stop, Volatility Up Trailing Stop, Volatility Down 1-Minute Opening Range Breakout 1-Minute Opening Range Breakdown Generated when a reversal of a specified multiple of volatility occurs. Resistance and support are set at the high and low for a particular interval from the open. An alert is generated when the stock price breaks through either resistance (breakout) or support (breakdown). Note: The opening interval begins at the first bid, ask, or trade (not necessarily the start of trading). Also, to reduce false signals, there is a blackout period of one minute after the high and low are determined for the period. The volatility multiple for the reversal (default 1). A reversal from a low or high is indicated by a plus or minus sign respectively No Quality field available Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 26 of 67
2-Minute Opening Range Breakout No Quality field available 2-Minute Opening Range Breakdown 5-Minute Opening Range Breakout 5-Minute Opening Range Breakdown Resistance and support are set at the high and low for a particular interval from the open. An alert is generated when the stock price breaks through either resistance (breakout) or support (breakdown). Note: The opening interval begins at the first bid, ask, or trade (not necessarily the start of trading). Also, to reduce false signals, there is a blackout period of one minute after the high and low are determined for the period. 10-Minute Opening Range Breakout 10-Minute Opening Range Breakdown Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 27 of 67
15-Minute Opening Range Breakout No Quality field available 15-Minute Opening Range Breakdown 30-Minute Opening Range Breakout 30-Minute Opening Range Breakdown Resistance and support are set at the high and low for a particular interval from the open. An alert is generated when the stock price breaks through either resistance (breakout) or support (breakdown). Note: The opening interval begins at the first bid, ask, or trade (not necessarily the start of trading). Also, to reduce false signals, there is a blackout period of one minute after the high and low are determined for the period. 60-Minute Opening Range Breakout 60 Minute Opening Range Breakdown Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 28 of 67
Fibonacci 38% Buy Signal Fibonacci 38% Sell Signal Fibonacci 50% Buy Signal Fibonacci 50% Sell Signal Fibonacci 62% Buy Signal Fibonacci 62% Sell Signal Fibonacci 79% Buy Signal Fibonacci 79% Sell Signal 5-Minute Linear Regression Up Trend 5-Minute Linear Regression Down Trend Generated when there is a price reversal to a particular Fibonacci level. Generated if a stock s price moves outside a short- or long-term linear regression channel. The minimum number of hours the pattern must be in effect to be recognized. This quality is a measure of both time and volume i.e. two-times normal volume during one hour is considered two hours of trading. The minimum gain forecast per share for the move Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 29 of 67
15-Minute Linear Regression Up Trend 15-Minute Linear Regression Down Trend Generated if a stock s price moves outside a short- or long-term linear regression channel. The minimum gain forecast per share for the move 30-Minute Linear Regression Up Trend 30-Minute Linear Regression Down Trend 90-Minute Linear Regression Up Trend 90-Minute Linear Regression Down Trend Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 30 of 67
Upward Thrust (2 Minute) Downward Thrust (2 Minute) Upward Thrust (5 Minute) Downward Thrust (5 Minute) Upward Thrust (15 Minute) Downward Thrust (15 Minute) Generated when a stock s 8- and 20-period simple moving averages have been going up for at least five periods in a row. Period length is defined in the alert name. This alert is generated again for eight consecutive periods then 13, 21, and all other Fibonacci numbers. The suddenness of the move (in percentage terms) relative to the stock s 200-period simple moving average. If a stock price takes off when the 200-period average is flat, the move will be considered sudden. Most upward thrusts have a suddenness of 90 or more. 5 period SMA crossed above 8 period SMA (1 minute) 5 period SMA crossed below 8 period SMA (1 minute) Generated when a stock s 5-period simple moving average crosses above or below its 8-period simple moving average. Period length is defined in the alert name. No Quality field available Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 31 of 67
5 period SMA Generated when a stock s 5-period simple moving No Quality field available crossed above 8 average crosses above or below its 8-period simple period SMA (2 moving average. Period length is defined in the alert minute) name. 5 period SMA crossed below 8 period SMA (2 minute) 5 period SMA crossed above 8 period SMA (4 minute) 5 period SMA crossed below 8 period SMA (4 minute) 5 period SMA crossed above 8 period SMA (5 minute) 5 period SMA crossed below 8 period SMA (5 minute) Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 32 of 67
5 period SMA Generated when a stock s 5-period simple moving No Quality field available crossed above 8 average crosses above or below its 8-period simple period SMA (10 moving average. Period length is defined in the alert minute) name. 5 period SMA crossed below 8 period SMA (10 minute) 5 period SMA crossed above 8 period SMA (20 minute) 5 period SMA crossed below 8 period SMA (20 minute) 5 period SMA crossed above 8 period SMA (30 minute) 5 period SMA crossed below 8 period SMA (30 minute) Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 33 of 67
8 Period SMA Generated when a stock s 8-period simple moving No Quality field available Crossed Above average crosses above or below its 20-period simple 20-Period SMA (2 moving average. Period length is defined in the alert Minute) name. 8 Period SMA crossed below 20-Period SMA (2 Minute) 8 Period SMA Crossed Above 20-Period SMA (5 Minute) 8 Period SMA Crossed Below 20-Period SMA (5 Minute) 8 Period SMA Crossed Above 20-Period SMA (15 Minute) 8 Period SMA Crossed Below 20-Period SMA (15 Minute) Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 34 of 67
20 Period SMA Generated when a stock s 20-period simple moving No Quality field available Crossed Above average crosses above or below its 200-period simple 200-Period SMA moving average. Period length is defined in the alert (2 Minute) name. 20 Period SMA Crossed Below 200-Period SMA (2 Minute) 20 Period SMA Crossed Above 200-Period SMA (5 Minute) 20 Period SMA Crossed Below 200-Period SMA (5 Minute) 20 Period SMA Crossed Above 200-Period SMA (15 Minute) 20 Period SMA Crossed Below 200-Period SMA (15 Minute) Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 35 of 67
5 minute MACD crossed above signal No Quality field available 5 minute MACD crossed below signal 5 minute MACD crossed above zero 5 minute MACD crossed below zero 10 minute MACD crossed above signal 10 minute MACD crossed below signal 10 minute MACD crossed above zero 10 minute MACD crossed below zero Generated when a stock s MACD (Moving Average Convergence Divergence) line crosses above or below the zero or signal line. These alerts are based on the standard 26, 12, and 9 indicated period EMAs. Note: because the MACD is based on the EMA (exponential moving average) formula, it is not deterministic. Different charting packages will give slightly different values for the formula. If you add more history to your chart, it might also change the result. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 36 of 67
15 minute MACD crossed above signal No Quality field available 15 minute MACD crossed below signal 15 minute MACD crossed above zero 15 minute MACD crossed below zero 30 minute MACD crossed above signal 30 minute MACD crossed below signal 30 minute MACD crossed above zero 30 minute MACD crossed below zero Generated when a stock s MACD (Moving Average Convergence Divergence) line crosses above or below the zero or signal line. These alerts are based on the standard 26, 12, and 9 period EMAs. Note: because the MACD is based on the EMA (exponential moving average) formula, it is not deterministic. Different charting packages will give slightly different values for the formula. If you add more history to your chart, it might also change the result. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 37 of 67
60 minute MACD crossed above signal No Quality field available 60 minute MACD crossed below signal 60 minute MACD crossed above zero 60 minute MACD crossed below zero Generated when a stock s MACD (Moving Average Convergence Divergence) line crosses above or below the zero or signal line. These alerts are based on the standard 26, 12, and 9 period EMAs. Note: because the MACD is based on the EMA (exponential moving average) formula, it is not deterministic. Different charting packages will give slightly different values for the formula. If you add more history to your chart, it might also change the result. 5 Minute Doji Generated when a Doji pattern is identified on a candlestick chart of a particular period. These patterns 10 Minute Doji show very similar opening and closing prices. 15 Minute Doji 30 Minute Doji 60 Minute Doji No Quality field available Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 38 of 67
5 minute stochastic crossed above 20 Not applicable 5 minute stochastic crossed below 80 15 minute stochastic crossed above 20 Generated when the %D for the fast stochastic or the %K for the slow stochastic crosses the line. There is filtering in place to avoid multiple prints if the stochastic oscillators frequently crosses back and forth. Note: The alert can be generated intra-candlestick which allows the alert to be reported earlier. 15 minute stochastic crossed below 80 60 minute stochastic crossed above 20 60 minute stochastic crossed below 80 Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 39 of 67
5 Minute Hammer 10 Minute Hammer Generated when a hammer pattern is identified on a candlestick chart. This pattern is indicated in a downtrend when a stock s price at the close of a particular interval is higher than the interval s open and near the interval s high. 15 Minute Hammer 30 Minute Hammer 60 Minute Hammer How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 5 Minute Hanging Man 10 Minute Hanging Man 15 Minute Hanging Man 30 Minute Hanging Man 60 Minute Hanging Man Generated when a hanging man pattern is identified on a candlestick chart. This pattern is indicated in an uptrend when a stock s price at the open of a particular interval is higher than the interval s close and near the interval s high. How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 40 of 67
5 Minute Bullish Engulfing 10 Minute Bullish Engulfing 15 Minute Bullish Engulfing Generated when a bullish engulfing pattern is identified on a candlestick chart of a particular interval. This pattern is indicated when there is a down candlestick followed by an up candlestick and the body of the latter fully engulfs that of the former. How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 30 Minute Bullish Engulfing 5 Minute Bearish Engulfing 10 Minute Bearish Engulfing 15 Minute Bearish Engulfing Generated when a bearish engulfing pattern is identified on a candlestick chart of a particular interval. This pattern is indicated when there is an up candlestick followed by a down candlestick and the body of the latter fully engulfs that of the former. How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 30 Minute Bearish Engulfing Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 41 of 67
5 Minute Piercing Pattern 10 Minute Piercing Pattern 15 Minute Piercing Pattern 30 Minute Piercing Pattern Generated when a piercing pattern is identified on a candlestick chart of a particular interval. This pattern shows a down candlestick followed by an up candlestick. The open of the second candlestick must be lower than the close of the first. Also, the close of the second candlestick must be above the midpoint of the body of the first. How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 5 Minute Dark Cloud Cover 10 Minute Dark Cloud Cover 15 Minute Dark Cloud Cover Generated when a dark cloud pattern is identified on a candlestick chart of a particular interval. This pattern shows an up candlestick followed by a down candlestick. The open of the second candlestick must be higher than the close of the first. Also, the close of the second candlestick must be below the midpoint of the body of the first. How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 30 Minute Dark Cloud Cover Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 42 of 67
5 Minute Bottoming Tail 10 Minute Bottoming Tail 15 Minute Bottoming Tail 30 Minute Bottoming Tail 60 Minute Bottoming Tail Generated when a bottoming tail pattern is identified on a candlestick chart of a particular interval. In this pattern, there are at least three down candlesticks followed by an up candlestick. The last candlestick must have a high/low range similar to the intervals that preceded it. Also, the open and close of the last candlestick must be near the high, creating a long tail. How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 5 Minute Topping Tail 10 Minute Topping Tail 15 Minute Topping Tail 30 Minute Topping Tail 60 Minute Topping Tail Generated when a topping tail pattern is identified on a candlestick chart of a particular interval. In this pattern, there are three up candlesticks followed by a down candlestick. The last candlestick must have a high/low range similar to the intervals that preceded it. Also, the open and close of the last candlestick must be near the low, creating a long shadow. How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 43 of 67
5 Minute Narrow Range Buy Bar 10 Minute Narrow Range Buy Bar 15 Minute Narrow Range Buy Bar 30 Minute Narrow Range Buy Bar Generated when a narrow range buy bar is identified on a candlestick chart of a particular interval. In this pattern, there are three up candlesticks followed by a down candlestick. The last candlestick must have a high/low range no greater than 25% of the average range over the last five intervals. How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 5 Minute Narrow Range Sell Bar 10 Minute Narrow Range Sell Bar 15 Minute Narrow Range Sell Bar Generated when a narrow range sell bar is identified on a candlestick chart of a particular interval. In this pattern, there are three down candlesticks followed by an up candlestick. The last candlestick must have a high/low range no greater than 25% of the average range over the last five intervals. How close the observed pattern needs to match the ideal (in percentage terms) for the alert to be generated. A value of 0 signifies no match; a value of 100 signifies a rare perfect match. 30 Minute Narrow Range Sell Bar Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 44 of 67
2 Minute Green Bar Reversal 5 Minute Green Bar Reversal 15 Minute Green Bar Reversal In this pattern there are at least three down candlesticks followed by an up candlestick. Unlike the narrow range bar patterns, this pattern is only valid if it occurs above a rising 20 period SMA, or below a falling 20 period SMA The number of consecutive candlesticks going in one direction before the candlestick going in the other direction. 60 Minute Green Bar Reversal 2 Minute Red Bar Reversal 5 Minute Red Bar Reversal In this pattern there are at least three up candlesticks followed by a down candlestick. Unlike the narrow range bar patterns, this pattern is only valid if it occurs above a rising 20 period SMA, or below a falling 20 period SMA The number of consecutive candlesticks going in one direction before the candlestick going in the other direction. 15 Minute Red Bar Reversal 60 Minute Red Bar Reversal Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 45 of 67
2 minute 1-2-3 continuation buy signal No Quality field available 5 minute 1-2-3 continuation buy signal 15 minute 1-2-3 continuation buy signal 60 minute 1-2-3 continuation buy signal 2 minute 1-2-3 continuation sell signal 5 minute 1-2-3 continuation sell signal 15 minute 1-2-3 continuation sell signal 60 minute 1-2-3 continuation sell signal In this pattern there are two candlesticks, the first one being the wider range bar and the second a narrow range bar within the top half of the first bar. An alert is triggered if the price of a third candlestick crosses the top of the first 2 bars. In this pattern there are two candlesticks, the first one being the wider range bar and the second a narrow range bar within the bottom half of the first bar. An alert is triggered if the price crosses the bottom of the first 2 bars Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 46 of 67 No Quality field available
2 minute 1-2-3 continuation buy setup No Quality field available 5 minute 1-2-3 continuation buy setup 15 minute 1-2-3 continuation buy setup 60 minute 1-2-3 continuation buy setup 2 minute 1-2-3 continuation sell setup 5 minute 1-2-3 continuation sell setup 15 minute 1-2-3 continuation sell setup 60 minute 1-2-3 continuation sell setup These alerts are similar to the 1-2-3 continuation signal alerts. However, they report when the stock price is close to the continuation signal pattern in order to anticipate the completion of the continuation signal pattern Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 47 of 67
Bullish opening power bar The alert is based on a power bar; a power bar is defined as a 5 minute candle that s opening and close are near the high or the low. No Quality field available Bearish opening power bar A Bullish opening power bar is defined if the close is above the open, and an alert is generated then a price is above the open or high as compared to the opening power bar. A Bearish opening power bar is defined if the close is below the open, and an alert is generated then a price is below the close or low as compared to the opening power bar. NR7 Based on a traditional candlestick chart (of 15-minute intervals), this alert is generated when the high/low range of the last interval is smaller than that of the previous seven. Can signify that a price move in either direction is about to take place. The number of intervals (default 1) that must be smaller than the seven that preceded them. A value of 2 looks at the last two intervals, each of which must have smaller high/low ranges than the preceding seven. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 48 of 67
2 Minute Wide Range Bar Not applicable 5 Minute Wide Range Bar 15 Minute Wide Range Bar This alert is caused where the range from the open to close of the interval is at least twice the average range from open to close of the last 20 periods. Heartbeat Every specified number of minutes, this alert will show all stocks that meet each of the selected filters. How often (in minutes) you want the filter scan to run. Default and minimum is every five minutes. Tests and Demonstration Used for tests and demonstrations, and does not contain any real information. Not applicable Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 49 of 67
STRATEGY SCANNER FILTERS Min Max Name Price Spread Description / Quality Field Minimum or maximum amount (in dollars) for the stock price, bid/ask spread, and bid/ask size. Uses Level 1 information at the time of the alert. Bid Size Ask Size Bid / Ask Ratio Distance from Inside Market Average Daily Volume (5) Average Daily Volume (10) Minimum or maximum ratio for the bid over the ask. Uses Level 1 information at the time of the alert. Compares the last trade to the current bid/ask (in percentage terms). A value of 0 for Max Distance will show only stocks that trade at or between the bid and ask. A value of 0.1 for Max Distance will show stocks trading at no more than 0.1% below the bid or above the ask. Minimum or maximum volume on an average day (does not consider volume on the current day) based on the previous 5 or 10 days. Note: Previously the alert looked only at the past 10 days Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 50 of 67
STRATEGY SCANNER FILTERS Min Max Name Dollar Volume Current Volume Volume Today Description / Quality Field Minimum or maximum dollar volume on an average day i.e. the stock s current price multiplied by its average daily volume. Defined by a ratio, this filter compares the current daily volume to the average volume for the time of day. Not available in the pre- or post-market. A value of 1 for Min Current Volume will filter for stocks trading at or above the average volume for the time of day. A value of 2 will filter for stocks trading at twice the average daily volume. Total share volume for the current day. Can be filtered by absolute share volume or percentage (current volume as a percentage of average total daily volume). Volume Yesterday Volume 5 Volume 10 Volume 15 Volume 30 Compares the total share volume yesterday to the average daily volume. The Filter uses the yesterday s volume as a percentage of average total daily volume. Compares volume in the most recent interval to the average volume for an interval of the same length. Entered as a percentage (volume in the most recent interval as a percentage of the average). The interval is indicated in minutes by the number shown in the alert name. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 51 of 67
STRATEGY SCANNER FILTERS Min Max Name Volatility Description / Quality Field Minimum or maximum volatility for a typical 15-minute period, expressed in dollars or percent. Examples: For Volatility ($) A value of 0.10 will show stocks that typically move 10 cents or more every 15 minutes For Volatility (%) A value of 0.10 will show stocks that typically move 0.10% or more every 15 minutes Average True Range Minimum or maximum Average True Range, calculated based on a 14-day period. Min Today's Range Minimum or maximum range for the day. Range is defined as high minus low. Can be entered in dollars or percent (current range as a percentage of the average daily range). 15-Minute Range Minimum or maximum range for the previous 30, 60, or 120 minutes. Range is defined as high minus low for the period. Can be entered in dollars or percent (current range for the period as a percentage of the average range for a period of that length). Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 52 of 67
STRATEGY SCANNER FILTERS Min Max Name 30-Minute Range Description / Quality Field Minimum or maximum range for the previous 30, 60, or 120 minutes. Range is defined as high minus low for the period. Can be entered in dollars or percent (current range for the period as a percentage of the average range for a period of that length). 60-Minute Range 120-Minute Range 5-Day Range Minimum or maximum range for the previous 5, 10 or 20 Days. Range is defined as high minus low for the period. Can be entered in dollars or percent (current range for the period as a percentage of the average range for a period of that length). 10-Day Range 20-Day Range Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 53 of 67
STRATEGY SCANNER FILTERS Min Max Name Put/Call Ratio Options Volume Options Volume Today Gap Up Position of Open Description / Quality Field The ratio of put to call contract volume (for the current day) based on all options for the stock. Minimum or maximum contract volume for all puts and calls on the stock during the average day. Minimum or maximum contract volume for the day for all puts and calls on the stock. Can be entered as absolute volume or a percentage (current daily contract volume as a percentage of the average). Minimum or maximum gap up at the open from the previous close. Can be entered in dollar, percentage terms, or as a ratio that looks at the gap relative to the 15-minute volatility of the stock. With a volatility value of 1, you ll see stocks with gaps equal to or greater than the expected move for the stock over a 15-minute period. In the pre- and postmarket, the last trade is used instead of the open. Also, a negative value can be set. Open as a percentage of yesterday s range. For Example a stock which opens at yesterday s high as a value of 100%, a stock which open at yesterday low has a value of 0% Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 54 of 67
STRATEGY SCANNER FILTERS Min Max Name Decimal Up Days Up Candles Description / Quality Field Minimum or maximum decimal value in the stock price (.00.99). For example, a value of.90 for Min Decimal will filter for stocks with prices showing decimals of.90 or higher. Filters for stocks that closed higher than they opened for a minimum or maximum number of consecutive days. Filters for stocks that closed higher than they opened for a minimum or maximum number of intraday intervals on a candlestick chart. The length of the interval is indicated in minutes by the number shown in the alert name. Negative numbers can be used to filter for stocks with consecutive down intervals. Up 5 Up 10 Minimum or maximum price move of a stock in dollars or percent over the past specified number of minutes. Negative numbers can be used to filter for stocks with declines. Up 15 Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 55 of 67
STRATEGY SCANNER FILTERS Min Max Name Up 30 NASDAQ Up 5 NASDAQ Up 10 Description / Quality Field Minimum or maximum price move of a stock in dollars or percent over the past specified number of minutes. Negative numbers can be used to filter for stocks with declines. Minimum or maximum move expressed as a percentage in the Nasdaq-100 index over the past specified number of minutes or for the Current Day. Negative numbers can be used to filter for declines. NASDAQ Up 15 NASDAQ Up 30 NASDAQ Up Today S&P Up 5 S&P Up 10 S&P Up 15 Minimum or maximum move expressed as a percentage in the S&P 500 index over the past specified number of minutes or for the Current Day.. Negative numbers can be used to filter for declines. S&P Up 30 S&P Up Today Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 56 of 67
STRATEGY SCANNER FILTERS Min Max Name Dow Up 5 Dow Up 10 Description / Quality Field Minimum or maximum move expressed as a percentage in the Dow Jones Industrial Average over the past specified number of minutes. Negative numbers can be used to filter for declines. Dow Up 15 Dow Up 30 Dow Up Today Up from the Close Up from the Open Minimum or maximum price change from the previous day s close. (For the post-market, today s close is used.) Can be entered in dollar or percentage terms, or as a ratio that looks at the price change relative to the 15-minute volatility of the stock. With a Max Up value of 1 (for volatility), you ll see stocks with changes equal to or greater than the expected move for the stock over a 15-minute period. Negative numbers can be used to filter for declines. Minimum or maximum price change from the open. Can be entered in dollar or percentage terms, or as a ratio that looks at the price change relative to the 15-minute volatility of the stock. With a Max Up value of 1 (for volatility), you ll see stocks with changes equal to or greater than the expected move for the stock over a 15-minute period. Negative numbers can be used to filter for declines. Not available in the pre- or post-market. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 57 of 67
STRATEGY SCANNER FILTERS Min Max Name Up Previous Day Description / Quality Field These filters compare the close from the previous trading day to the close from the day before that. In short, these let you pick stocks which were up or down by a certain amount yesterday. Use negative numbers to find stocks which were down for the day. Up in 5-Days Up in 10-Days These filters compare the current price to the previous close of the indicated trading days in the filter. For Example, Min Up in 5-days filters for a stock who s current price is at least a $ or % above the previous close 5 trading days (the close 6 trading days) ago. Up in 20-Days Standard Deviation Below High Minimum or maximum number of standard deviations from the previous day s close. (For the post-market, today s close is used.) Standard deviation is calculated based on a year s worth of data. Recent data is weighted more heavily, and all data scaled so that a value of 1 means a standard deviation for one day. Minimum or maximum distance of the current price of a stock below the day s High. Use negative values to find stocks currently trading above the high. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 58 of 67
STRATEGY SCANNER FILTERS Min Max Name Min Above Low Position in Range Position in Day's Range Position in Previous Day's Range Position in 5 Day Range Description / Quality Field Minimum or maximum distance of the current price of a stock above the day s Low. Use negative values to find stocks currently trading below the low. Minimum or maximum position of the current price of a stock within the day s range, expressed as a percentage. A value of 0 signifies the day s low, while 100 signifies the day s high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the day s low. In the post-market, these alerts use the range reported for the regular session. Not available in the pre-market. Minimum or maximum position of the current price of a stock within the current day s range, expressed as a percentage. A value of 0 signifies the day s low, while 100 signifies the day s high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the day s low. Minimum or maximum position of the current price of a stock within the previous day s range, expressed as a percentage. A value of 0 signifies the previous day s low, while 100 signifies the previous day s high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the previous day s low. Minimum or maximum position of the current price of a stock within the 5, 10 or 20 trading day range, expressed as a percentage. A value of 0 signifies the low for the period, while Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 59 of 67
STRATEGY SCANNER FILTERS Min Max Name Position in 10 Day Range Description / Quality Field 100 signifies the high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the low for the period. Position in 20 Day Range Position in Year Range Position in Lifetime Range 15-Minute RSI Minimum or maximum position of the current price of a stock within the 52-week range, expressed as a percentage. A value of 0 signifies the 52-week low, while 100 signifies the 52-week high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the 52-week low. Minimum or maximum position of the current price of a stock within its 10-year or lifetime range, expressed as a percentage. A value of 0 signifies the low of the range, while 100 signifies the high. As an example, a Min Position value of 10 filters for all stocks 10% or more above the low. Minimum or maximum Relative Strength Index of a stock. Values are computed using the last 14 15-minute periods (excluding pre/post-market sessions). If there is insufficient data, no alerts will be reported. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 60 of 67
STRATEGY SCANNER FILTERS Min Max Name Daily RSI Position in Bollinger Bands (5 Minute) Position in Bollinger Bands (15 Minute) Description / Quality Field Minimum or maximum Relative Strength Index of a stock. Values are computed using the last 14 days (excluding pre/post-market sessions). If there is insufficient data, no alerts will be reported. Minimum or maximum position of the current price of a stock within the 20-period Bollinger Bands, expressed as a percentage. A value of 0 signifies the price at the lower band, while 100 signifies the price at the upper. Position in Bollinger Bands (60 Minute) Position in Bollinger Bands (Daily) Range Contraction Minimum or maximum number of days in a range contraction. This pattern occurs when the daily range of a stock high minus low gets smaller from one trading day to the next. A value of 3 for Min Range Contraction would show stocks exhibiting range contractions lasting three days or longer. Enter a negative number to see stocks in range explosions. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 61 of 67
STRATEGY SCANNER FILTERS Min Max Name Linear Regression Divergence Average Directional Index Directional Indicator Description / Quality Field Minimum or maximum divergence from a straight line over the past eight trading days. A value of 0 represents a perfectly straight line (the stock has moved in a linear pattern), while 1 suggests no linear movement at all. Minimum of Maximum value of the ADI (Average Directional Index) based on a daily values and a 14 period smoothing factor. Minimum and Maximum value denoted by this formula (+DI) (-DI). The values range from -100 to 100 Up from 200-Day SMA Up from 50-Day SMA Minimum or maximum distance from a simple moving average. Can be entered in percentage terms or as a ratio that looks at the distance relative to the 15-minute volatility of the stock. For example, for a stock with a volatility of 5, a value of 1 would indicate that the stock is at least $5 above its simple moving average. A negative value can be used to filter for stocks that are below their moving averages. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 62 of 67
STRATEGY SCANNER FILTERS Min Max Name Up from 20-Day SMA Up from 8-Period SMA Description / Quality Field Minimum or maximum distance from a simple moving average. Can be entered in percentage terms or as a ratio that looks at the distance relative to the 15-minute volatility of the stock. For example, for a stock with a volatility of 5, a value of 1 would indicate that the stock is at least $5 above its simple moving average. A negative value can be used to filter for stocks that are below their moving averages. Minimum or maximum percentage distance from the stock s 8-period simple moving average. Periods for this average can be two, five, or 15 minutes long (depending on the alert chosen). A negative value can be used to filter for stocks that are below their moving averages. Up from 20-Period SMA Minimum or maximum percentage distance from the stock s 20-period simple moving average. Periods for this average can be two, five, or 15 minutes long (depending on the alert chosen). A negative value can be used to filter for stocks that are below their moving averages. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 63 of 67
STRATEGY SCANNER FILTERS Min Max Name Up from 200-Period SMA Description / Quality Field Minimum or maximum percentage distance from the stock s 200-period simple moving average. Periods for this average can be two, five, or 15 minutes long (depending on the alert chosen). A negative value can be used to filter for stocks that are below their moving averages. 8 Above 20-Period SMA Minimum or maximum percentage distance between the stock s eight- and 20-period simple moving averages. Periods for these averages can be two, five, or 15 minutes long (depending on the alert chosen). When a positive value is entered, Strategy Scanner will return stocks with higher eight-period averages than 20-period. Negative values filter for stocks with higher 20-period averages. 20 Above 200- Period SMA Minimum or maximum percentage distance between the stock s 20- and 200-period simple moving averages. Periods for these averages can be two, five, or 15 minutes long (depending on the alert chosen). When a positive value is entered, Strategy Scanner will return stocks with higher 20-period averages than 200-period. Negative values filter for stocks with higher 200-period averages. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 64 of 67
STRATEGY SCANNER FILTERS Min Max Name Consolidation Position in Consolidation Market Cap Shares Outstanding Description / Quality Field Minimum or maximum number of days in a consolidation pattern. Value can be no higher than 40. Does not factor in data for the current day. Minimum or maximum position of the current price of a stock, expressed as a percentage of that stock s recent or ongoing consolidation pattern (based on a 40-day chart). A value of 0 signifies the bottom of the consolidation pattern, while 100 signifies the top. A Min Position value of 100.01 will filter for all stocks that have been in a consolidation range and are now trading above it. Negative values can be used to filter for stocks trading below a consolidation range. Market Capitalization is defined as the Current Stock Price x Shares Outstanding. Values entered into this window specific filter need to be entered in multiples of $1,000,000. A value of 5 indicates 5 million shares where a.5 indicates 500,000 shares. Outstanding shares filter by the number of shares that are currently owned by all investors. Values entered into this window specific filter are in units of 1,000 shares. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 65 of 67
STRATEGY SCANNER FILTERS Min Max Name Current Assets Description / Quality Field Current Assets represent the value of all assets that are reasonably expected to be converted into cash within one year in the normal course of business. Values entered into this Window Specific Filter need to be entered in increments of $1,000 per year. Current Debt Current Debt represents the money, goods or services that the company is currently obliged to repay to its creditors within one year. Values entered into this Window Specific Filter need to be entered in increments of $1,000 per year. Min Total Revenue Min Net Income Min EPS This filter is based on the revenue from the most recent fiscal year. Values entered into this Window Specific Filter need to be entered in increments of $1,000 per year. Net Income is Total Revenues - Total Expenses Values entered into this Window Specific Filter need to be entered in increments of $1,000 per year. EPS or Earnings Per Share is Net Income / Number of Shares Outstanding Values entered into this Window Specific Filter needs to be entered in price per share. Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 66 of 67
STRATEGY SCANNER FILTERS Min Max Name Min P/E Ratio Min Dividend Min Beta Min Count Description / Quality Field P/E Ratio or Price to Earnings Ratio is Stock Price / Earnings Per Share This dividend value represents the distribution of coporate earnings to company shareholders, here it is the last dividend paid out. Values entered into this Window Specific Filter need to be entered in increments of $1,000. Beta is a measure of the volatility of a given stock relative to the overall market, usually the S&P 500. This filter can be used to show an alert only when it has been: Triggered at least the minimum number of times for a particular stock Triggered no more than the maximum number of times for a particular stock Alerts & Filters in Power E*TRADE Pro Strategy Scanner E*TRADE FINANCIAL Page 67 of 67