[BlowFish]

If you are using profiles you will need to maintain (or use software that maintains) arrays of volumes @ price. There are techniques you can employ to minimise (or even prevent) having to iterate through these arrays to find 'stuff'. That will require some skill at coming up with algorithms . Whilst for n = lowprice to highprice step ticksize might cut it for a handful of instruments it won't be 'low latency' for scanning larger baskets.

Anyway I digress, I should write an operational requirement and shoot it out to software manufacturers. In the long run it will likely save you time and frustration.

[maxblaser]

trade ideas hands down tradeideas.com

[TheBigMan]

Originally Posted by HI_THERE »

Yeh. I'm impressed. I very well may go that route. Only problem, I trade with IB. I could open a TS account but I dont want to be paying $100/month just for the market scanner if I don't need to.

You know of any other alternatives? thanx for the response btw.

I hope someone can help me understand this. I am just getting back into Day Trading. I have been reviewing this and other sights for general information.
The question is, if you are trading and making money, a $100 or $500 payment to improve or increase your profits should be insignificant. Therefore, what are the average folks around here making from day / Swing trading. Or is it something that most do for a hobby?

[HI_THERE]

yes....hehe....i"m just a miser. The payments dont make a dent in my profits. But one has to be careful not to have auto-debit going to 100 different companies that claim to increase your profits, yet only 2 or 3 do. You could easily be shelling out $25K / month. So--by my nature--I am always a skeptic and like to do my research. It's one thing to make profits; it is quite another thing to keep profits and live well from them.

[UrmaBlume]

We also believe scans are very important. Almost any trend following approach makes a lot of money if you can keep it in a trending market/time frame.

Below are 3 scans from the Trade Station Radar Screen which is free as is the platfrom with minimal trading.

The markets are scanned for the presence/participation of commercial activity and smart money action as well as price volatility.

First are the top 25 stocks in the S&P 100 according to smart money taken at the close on Friday. Next are the top commodities and last are popular forex pairs scanned and ranked according to intsturment and time of day normalized indications.

Stocks



Futures



Forex Pairs

Cheers

UB

[HI_THERE]

Yep. I am using Radar Screen these days and am impressed. Quote delivery is top-notch and it is easy to integrate custom scanning criteria. My major concern with market scanners is quote accuracy, and latency. I have not exprienced any problems with these thus far while using Radar Screen.

[danbarn3]

Yep, been using TS Radar for years with my custom code everyday. Could not live without it.