What is trend Scanner?

Trend scanner is a tool which is developed by the Intradayscreener website that helps to find trends of any stock in intraday or short term. You can find 5-minute trends, 15-minute trends, and daily trends. You can also scan for stock above Vwap, above 20ema, etc using a stock trend screener. Trend scanner is a tool that will help you trade stock in the direction of the Trend. It also indicates the strength of the current trend.

How to use Trend scanner?

To use the trend scanner online, you should open an intraday screener website. thereunder the Trend scanner feature, you'll find a number of columns, including 5-minute trend, 15-minute trend, 1-day trend, ADX, RSI, VWAP, 20EMA, Supertrend, and so on. The time frame is set to 15 minutes by default, but you can modify it by pressing the timeframe button to 5 min or 1 day.

The columns that are in the trend scanner are created by using our custom algorithm to give you trends for the stock in the corresponding timeframe. When you want to do scalping trading, prefer it to do in the direction of the 5-minute trend. When you want to hold stocks for 1 to 2 days, you can prefer using a 15-minute trend.

The Value of column ADX indicates the strength of the Trend. If the ADX reading is 30 or above and rising, the stock is in a strong trend (if bullish the uptrend is strong and if the 15 min trend is bearish then it means the downtrend is strong).