I received a good question from our support forum that I want to repeat here. It's a simple request about how to model a pattern that this customer wants to see in the market.Question: Stocks Taking a BreatherWhat filters or alerts can I use to finds stocks that are, "taking a breather"?I.e. it is in a daily uptrend, but volume slows and price drops; OR, it is in adaily downtrend, but volume slows and price rises slightly.Tip: Understand the Left and Right Side of the ChartHere's a modeling tip. When I start out modeling an idea or pattern I want all my stocks to exhibit, I start with the filters. The filters in Trade-Ideas are great for describing the left hand side of the chart - i.e., everything that's happened leading up to today or this minute (depending on what ...

Disclaimer: The article mentioned below mentions Trade-Ideas as an 'industry standard' and sprinkles a bit more praise on us but was written unsolicited by a former trader, Dave Goodboy, turned writer for TradingMarkets.com and other outlets."How To Use A Stock Screener"Goodboy's article addresses the most basic of scanner and screener tools available to the new trader/investor. Much of what he describes are the free tools available to help define the appropriate environment a trader has learned or researched to trade. I am only adding the following footnotes:"What's Free at Trade-Ideas"Don't forget about the free data Trade-Ideas provides in the form of End-of-Day data and even delayed intraday data. The cream rises to the top when we compare this data to what else is out there (many companies even charge for less quality data than what we give away)

"Scanning Patterns Will

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New alerts and filters added recently expand the arsenal of ways in which any trading universe can be modeled in Trade-Ideas. We even created some sample strategies to show you how they are used.Here's what we did:Added bottoming tail and topping tail alerts. Added new filters to find stocks based on how much the price has moved in the last 5, 10, 15, or 30 minutes. Added new filters to find stocks based on the amount of volume they have traded in the last 5, 10, 15, or 30 minutes.

The tail alerts attempt to find tipping points where movement in one direction is exhausted. Not a bad thing to be looking for in this market. Here's a good definition of a bottoming/topping tail (for our own Glossary): http://www.trade-ideas.com/Glossary/Topping_Tail.html.

The price and volume filters let a trader define, "How much movement or volume?",

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