BullCharts - Getting Started #3

Scans (market filters)


Also see the basic Getting Started - Introduction to BullCharts.

Here is a useful list of the Next Steps to
help you get going with using
BullCharts.

BullCharts scans - the BullScan tool

(Any items marked "BC-xx-yyy" are some of Robert's pdf Articles in the public area of the Share Market Toolbox, some of which are free, and others are available only to Share Market Toolbox Members).

The information below talks about setting up a "scan" and specifying your own selection criteria to search through a list of stocks to find those that meet your selection criteria. Some charting tools refer to this as a market "filter". In BullCharts, the feature is known as BullScan. After you run a scan, BullCharts creates two things: a Scan Results Table which lists the stocks and key stock information; and a new watchlist called "Last Scan Results".
  1. At a high level, the BullCharts steps to create (or modify) and run a scan are as follows:
    1. Which stocks? - Confirm which group of stocks you want to run the scan across ( one or more watchlists, and/or the constituents of an index, or several indexes).
    2. Selection criteria - Confirm, or create, one or more selection criteria. The stocks in the watchlist will be checked to see if they meet this criteria. If so, they will be selected and listed in the Scan Results Table.
    3. Include additional fields to display - If you want to have extra information included in the Scan Results Table, then simply add this asan  extra scan criteria to simply "Show" the information (which might be some fundamental details such as market cap, or P/E Ratio).

  2. Supplied scans - BullCharts already includes 125 scans which can be used as they are, or customised, or copied and modified. And is it so easy to create your own scans.
  3. Scans intro video - See the Introduction to Scans (6 minute Robert's YouTube video channel YouTube video).
    Use BullCharts scans to find stocks that meet your selection criteria. You specify your selection criteria, and a list of stocks to scan through, then run the scan. The stocks that meet your selection criteria are listed in the Scan Results table.
    This video provides an overview and introduction to the BullScan module and it's key features including: the list of 125 supplied scans (as samples and starters); classifying scans by: Name, Category or Author; the Scan Properties dialogue box; the Scan Properties dialogue items; the list of Scan Criteria items; Match "all" criteria or not. Also the "Author Strategy" scans. The video looks at a sample scan to find uptrending stocks with reasonable volume, and shows how to select which group of stocks to search through. 
  4. Study a supplied Author Scan (with BullScript)See the video  (6 minute  video).
    Among the 125 supplied scans in BullCharts, many of them are "Author Scans", and a number of them use BullScript. This video walks through the key features of a supplied scan, explaining several things:
    (a) How to categorise scans in BullScan Manager by "Name", "Category" or "Author" for easy finding again later;
    (b) The four tabs in the scan properties dialogue box - General, Criteria, Securities, Advanced.
    (c) Key elements of the individual scan criteria items, including: the common criteria "Close between 0.2 and 100"; and the "Show..." option;
    (d) One of the different types of selection criteria can utilise BullScript (see an example). 
  5. The BullScan disk files and how to saveSee this How To video (8 minute  video).
    The details for each scan are stored in a separate disk file on the computer outside the BullCharts system. Existing scans can be easily customised, or new ones created, or someone else's custom scan can be downloaded and saved.
     
  6. The KnowledgeBase for more BullCharts details - Also note the Articles in Robert's BullCharts KnowledgeBase.
     
  7. More information - There are a number of eBook Articles (mostly up to 4 pages in length) in the Member's Area of the Share Market Toolbox. The ones of relevance to scans are numbered BC-10-xxx. See a list of them (and the free page 1) in the Toolbox.
    Also use the Help key when running BullCharts (function key F1, or select from the menu: Help).
    Also see the printed User Guide (also generally stored as a PDF file with the software on your computer).

The Next Steps?

See Getting Started #4 - Indicators, Templates, Workspaces.

Note: Some of Brainy's Articles that might be listed above are publicly available, but many are only available to Toolbox Members.

Also see:


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Last revised: 7July, 2014.