Open high low screener

The open high low technique is one of the best intraday trading strategies, in which a buy signal is generated when the open and low values of an index or stock are the same. In contrast, a sell signal is issued when the index or stock's open and high values are the same.

The open high low screener is used for intraday stock strategies, and it displays equities where the Open is either high or low for the day. When open=high for the day, it usually signifies that the stock has been under selling pressure since it opened in the morning. When Open=low, it suggests that buyers have been dominating since the stock began trading and that the stock is optimistic for the day.

For all new investors, the open high low scanner technique is one of the most reliable strategies. This technique performs admirably on Nifty Futures and Options stocks.

If used on a regular basis and with good risk and money management, the Open high low scanner approach can help you to choose best intraday stocks for profit.

For intraday trading, an open high low scanner is a mechanism for filtering out Open = High or Open = Low scripts. When OPEN = LOW, BUY signal is generated, and when OPEN = HIGH, SELL signal is generated.