What do the ratings in the Screener mean?

Note: Screener technical ratings are also available in the built-in Technical Ratings indicator.

We’ve added columns with general ratings. For example, the Technical Rating column will show you combined ratings for all of the indicators mentioned above.

You can also add your own filters to this column.

Calculations

These are the criteria used to determine the rating of the individual indicators used. Note that changes from the last bar are used to determine falling or rising states:

All Moving Averages

• Buy — MA value < price
• Sell — MA value > price
• Neutral — MA value = price

Ichimoku Cloud

• Buy — lead line 1 > lead line 2 and base line > lead line 1 and conversion line > base line and price > conversion line
• Sell — lead line 1 < lead line 2 and base line < lead line 1 and conversion line < base line and price < conversion line
• Neutral — neither Buy nor Sell

Relative Strength Index

• Buy — indicator < 30 and rising
• Sell — indicator > 70 and falling
• Neutral — neither Buy nor Sell

Stochastic

• Buy — main and signal lines < 20 and main line > signal line
• Sell — main and signal lines > 80 and main line < signal line
• Neutral — neither Buy nor Sell

Commodity Channel Index

• Buy — indicator < -100 and rising
• Sell — indicator > 100 and falling
• Neutral — neither Buy nor Sell

Average Directional Index

• Buy — +DI line > -DI line and indicator > 20 and rising
• Sell — +DI line < -DI line and indicator > 20 and rising
• Neutral — neither Buy nor Sell

Awesome Oscillator

• Buy — saucer and values are greater than 0, or cross over the zero line
• Sell — saucer and values are lower than 0, or cross under the zero line
• Neutral — neither Buy nor Sell

Momentum

• Buy — indicator values are rising
• Sell — indicator values are falling
• Neutral — neither Buy nor Sell

MACD

• Buy — main line values > signal line values
• Sell — main line values < signal line values
• Neutral — neither Buy nor Sell

Stochastic RSI

• Buy — downtrend and K and D lines < 20 and K line > D line
• Sell — uptrend and K and D lines > 80 and K line < D line
• Neutral — neither Buy nor Sell

Williams Percent Range

• Buy — indicator < lower band and rising
• Sell — indicator > upper band and falling
• Neutral — neither Buy nor Sell

Bulls and Bears Power

• Buy — uptrend and BearPower < zero and BearPower is rising
• Sell — downtrend and BullPower > zero and BullPower is falling
• Neutral — neither Buy nor Sell

Ultimate Oscillator

• Buy — UO > 70
• Sell — UO < 30
• Neutral — neither Buy nor Sell

The numerical value of the Sell rating is -1, Neutral is 0 and Buy is 1. The group and overall ratings are calculated as the average of the ratings of the individual indicators.

Recommendations for the group or overall ratings are based on this numerical rating value and determined according to the following criteria:

• [-1.0 ≥ value < -0.5] — Strong Sell
• [-0.5 ≥ value < -0.1] — Sell
• [-0.1 ≥ value ≤ 0.1] — Neutral
• [0.1 > value ≤ 0.5] — Buy
• [0.5 > value ≤ 1.0] — Strong Buy