"the World's Most Powerful intraday stock market screener"
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GigaScanner.com is brought to you by Norwood Management Group LLC, a Delaware corporation.
Norwood Management Group specializes in stock market research, trading system development, and investment management.
Email us at
for more information.
The GigaScanner is provided solely as an informational tool,
and nothing here should ever be taken as a buy or sell recommendation for any security.
Past performance is no guarantee of future results. Stock trading is extremely risky,
and you could easily lose some or all of your money.
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Background |
The GigaScanner was conceived as the "world's most powerful and convenient web-based
stock market scanning tool".
It combines high-quality, professional stock charting with the unique ability
to "scan" the market for just about any significant technical situation imaginable. At the touch of a button,
you can search thousands of stocks for any symbols meeting your criteria. A typical scan might be "New All-Time Highs, with
Relative Strength Rank >= 60, EPS Rank >= 40, and Average Volume >= 100k, sorted by Volume Surge". Results are available immediately. You can flip quickly through
a sorted list of beautiful, full-featured charts, or you can
look at the scan results in table form.
There's a "signal" for each of the primary scan conditions. A signal is a marker that can
be applied to a chart to highlight a selected event, such as a Climax High. There's also
a category of specialized Market Breadth indicators, one for each scan condition.
For example, you can plot the daily number of Climax Lows versus the number Up On
Big Volume, or the number Up On Big Volume versus the All Time Highs. These indicators
reveal the cross-section of the market like nothing else.
The charts are Canslim-friendly. There are rankings for EPS Growth and Relative Strength which can be displayed as indicators, and also a proprietary Percentage Accumulation/Distribution indicator.
The GigaScanner is the perfect tool for keeping track of stocks and the overall
market. There are 10 different workspaces available, and each one can be
set up with its own indicators, flags, scan conditions, colors, etc. There are also 10 available Symbol Lists which are shared
between the workspaces. Naturally, all the settings for each workspace are remembered between sessions.
The GigaScanner is also a great research tool. For example, you can easily go back
in time and run a scan, then cycle through the charts, stepping each one forward in time
to see what happened. Many variations are possible. You can go back in time and run a scan, or several
scans, and save your best candidates in a Symbol List. Return to the present and see at a glance how things came out.
You can study the market
breadth indicators in the same way. Identify a
peak or
a "hook" in a breadth indicator, for example a spike in the number of Climax Lows,
travel back to that point in time, run a scan for stocks meeting your favorite criteria, and see how they react over the next several months. The possibilities are endless.
By the way, appearances are all-important in conveying visual information, so there's
a Color Selector Panel to give you near-infinite control
over the colors of all the indicators and flags, and of the chart itself. Create
your own eye candy! Download
speed is important too, so the charts are very
lightweight. A typical chart is a
mere 10 - 20k bytes in size. The entire web site has been carefully engineered for maximum responsiveness.
Under the hood is a powerful data-crunching engine to analyze incoming market data with very low latency.
Signals and Indicators are updated for scanning within just
a few seconds after a new data file arrives. The raw data is supplied by Briter
Systems (an independent company) by special arrangement. Briter Systems provides a data-mining
service, obtaining and cross checking stock quotes from a variety of sources.
The GigaScanner further checks the data for errors, correcting where possible,
and also takes care of splits where available. Briter uploads 30-minute delayed data each half hour,
so the overall delay is between 30 and 60 minutes.
Approximately 3000 stocks are covered, roughly representing the Russell-3000 index.
Try it out for yourself. You'll be scanning with the pros in no time!
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