SmartScan helps you quickly find winning trades in all the markets we cover. Our proprietary scanning tools identify charting patterns that are primed for large moves. Since every trader is different, we provide scans for 24 different charting patterns. This allows traders to choose trend directions or trending strengths that best fit their style. Once you select your scan type, you then use our filtering tools to narrow down your results to your preferred volume, price, and exchange.

Below is a video tutorial, as well as the most frequently asked questions and answers to help you get the most out of SmartScan.

Please feel free to contact support if you are not able to find the answer you are looking for.

FAQs

What does SmartScan look for?
How do I filter the SmartScan results?
What is the Chart Analysis Score?

What does SmartScan look for?

SmartScan allows you to choose from 24 different scans. Once selected, each scan will display a description of what it is searching for in the bottom of the blue box, in the lighter shaded area. Many of the scans are based on the technology that drives our Chart Analysis Score.

For a more detailed description of each scan type, please see this page.

How do I filter the SmartScan results?

Once you choose the type of scan, you can then set the parameters of the markets that are returned. You can filter by security type, price, and volume, as well as separate US, Canadian, and Australian exchanges. Then you can set how you would like the results to be displayed, whether charts or a list.

What is the Chart Analysis Score?

MarketClub’s Chart Analysis Score is a proprietary tool that measures trend strength and direction based on five different timing thresholds. This tool takes into account intra-day price action, new daily, weekly and monthly highs and lows, and moving averages. This Score will dynamically update depending upon intra-day price action and as new highs or lows occur.

The Chart Analysis Score can be used in conjunction with our Trade Triangle signals to help you determine prime trading opportunities. The Scores can generally be viewed like this:

+/-50 to 65 : Trading Range
+/-70 to 80 : Emerging Trend
+/-85 to 100 : Strong Trend

For a more detailed description of each Chart Analysis Score, please see this page.