PIVOT POINTS: Pivot Points are leading indicators calculated based on today’s high low and close price of a Stock to get next trading day’s support and resistance levels. These are widely used by the traders for entry and exit into a trade.
This Video helps with step-by-step preparation of Pivot Point Screener along with formulas. With one time effort, traders can prepare their own Screener in Google Sheets to check the status of various stocks which are trending up/down along with trend reversals during trading hours. This will help traders who do not wish to download intraday screening apps which contain a lot of ads unless subscribed to paid pans.
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MOVING AVERAGE: According to Investopedia, A moving average (MA) is a stock indicator commonly used in technical analysis. The moving average helps to level the price data over a specified period by creating a constantly updated average price. A simple moving average (SMA) is a calculation that takes the arithmetic mean of a given set of prices over a specific number of days in the past. In this video, Traders and Investors will learn step-by-step preparation of Stock Selection with 20 and 50 day Simple Moving Averages Screener along with formulas. With one time effort, Traders and Investors can prepare their own Screener to check the status of various stocks which are trending up/down to take informed decisions. This will help traders who do not wish to download screening apps which contain a lot of ads unless subscribed to paid plans.
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