stockfetcher.com filters (crappy filters)

Source: http://www.swing-trading-options.com/stockfetcher.html

Comments: All the filters are resulting in a crap list

Excerpts below…

Scans for identifying stocks in a Trend – for finding stocks that you can use to sell credit spreads.

To find stocks in a positive trend: – use these to find stocks for which you can sell Bull Put Spreads or naked puts.

These are stocks priced above $50 which have a strong positive trend and for which a downturn is probably not imminent.

Show stocks where close is above 50
 and average volume(30) is above 250000 do not draw average volume(30)
 and close is above MA(200)
 and MA(10) is above MA(30)
 and ADX(14,14) is above 20
 and RSI(15) between 30 and 70
 
 and draw MA(10)
 and draw MA(30)
 and draw ADX(14,14)
 and draw RSI(15)

To find stocks in a negative trend: – use these to find stocks for which you can sell Bear Call Spreads.

These are stocks priced above $50 which have a strong negative trend and for which an upturn is probably not imminent.

Show stocks where close is above 50
 and average volume(30) is above 250000 do not draw average volume(30)
 and close is below MA(200)
 and MA(10) is below MA(30)
 and ADX(14,14) is above 20
 and RSI(15) between 30 and 70
 
 and draw MA(10)
 and draw MA(30)
 and draw ADX(14,14)
 and draw RSI(15)