Today we want to enlighten you about an amazing feature of TradingView, "the screener". The screener is one of our most powerful tools. As the name suggests, it is used to filter symbols (stocks, cryptos, and currencies) based on certain technical or fundamental aspects. The screener works for 3 different markets - stocks, crypto, and forex and any script can be shortlisted based on technicals, fundamentals, or a mix of the two.
Sounds good? Let’s get started. 🚀
If you open the homepage of TradingView, you will be greeted with an option called"Screeners".
If you hover over it, you will see 5 options, namely: 1. Stock screener 2. Forex screener 3. Crypto screener 4. Stock heatmap 5. Crypto heatmap
Select and click the screener that you want to use. (In this post we are mainly concerned with the screener, so let's ignore the heatmap).
The main page of the screener will look like this:
The stocks will be listed in columns along with various technical entities such as change, volume, change %, technical rating, as well as fundamental entities such as EPS, P/E, sector, etc.
You can add or remove more details by using the “3 vertical lines” icon. If you click on it, you will see a whole lot of technical and fundamental elements. These include moving averages, MACD, RSI, volatility, total assets, total debt, total liabilities, total revenue, etc.
There are plenty of foundations on which you can sort the stocks. These can be margins, valuations, balance sheets, performance, oscillators, etc.
There is an option on the extreme right-hand side of the toolbar, named "Filters". It provides a facility to add custom filters based on the financials or technicals.
There are also plenty of pre-made screens that can be accessed just by clicking the option to the left of the "Filter" tab. The default screens include top gainers, top losers, unusual volume, overbought, etc. The best part is, you can export the screener data to a CSV file. Amazing, isn’t it?
Feel free to experiment with the screener and let us know what you think. Or are there any more things you'd like us to include?
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.