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    Filter List panel How-To

    We understand that with hundreds of thousands of trading strategies available, finding the ones that suit your needs can be overwhelming. That's why we have a powerful Filter Tool to help you narrow down your search and select the best strategies for you.

    In this guide, we'll walk you through using the Filter List tool step by step, both for looking for new strategies you don’t know about yet or to help you sort through the ones you decided to enable alerts for, so you can find the strategies that meet your current needs effectively.

    To find new crowd-sourced strategies

    Step 1: Set your Scan Tab menus

    Starting from the Scan Tab, where you'll find the complete database of backtested trading strategies created by our community, make sure you have the “All Strategies” option selected from the Strategy Menu.

    With the Stocks dropdown menu, you’re free to decide if you want to look for strategies for the Current Stock, the Current Watchlist, or on All Stocks.

    With the Lookback Period menu, you can also decide if you want the Filter List criteria you’re about to create to be applied to the last 12 months (1Y) of that strategy, 3 years, 5 years, or even to the last 10 years.

    Step 2: Open the Filter Tool

    Look for the Filter Tool panel within the Scan Tab. The Filter Tool is generally open by default, but if you’re unable to locate it, click on the Filter Tool icon to open the tool, which will open a panel with various filters and checkboxes to refine your search.

    Step 3: Select Strategy Status

    The Filter Tool allows you to choose the strategy status based on four options: "Starting," "Ending," "Active," or "Inactive." Understanding these status options will help you find the strategies that suit your trading preferences.

  • Starting: When a strategy is in the "Starting" status, it means that the conditions that make up the strategy are currently true. In other words, these conditions are currently happening in the market. This status is suitable for users who want to act on trades quickly and seek fast profit opportunities.
  • Ending: This status is useful for users who prefer to analyze strategies that have completed their cycle, providing a full scope of performance statistics.
  • Active: Strategies in this status have ongoing potential and can be attractive to users who seek trading opportunities with sustained conditions.
  • Inactive: These strategies may have been active at some point but are currently not applicable. Users interested in exploring the historical performance and analyzing strategies that are currently not in play can focus on the "Inactive" status.

    • Step 4: Apply Statistic Filters

    The Filter Tool offers several sliding filters and checkboxes related to strategy statistics. These filters allow you to set specific criteria based on parameters such as stock price, rating, annual return, risk-reward ratio, batting average, average gain and loss, wins and losses, drawdown, and trade length. Adjust the sliders or select checkboxes according to your desired values and ranges.

    To effectively narrow down your search, you can mix and match as you wish, or experiment with some popular filter combinations we recommend:

  • Stock Price: Set a range, such as $20 to $200, to filter strategies within your preferred price range.
  • Rating: Choose a minimum rating, such as B+ or better, to focus on strategies with higher ratings.
  • Risk-Reward Ratio: Specify a minimum value, such as 1.5 or greater, to filter strategies with favorable risk-reward ratios.
  • Batting Average: Select a threshold, such as 65% or better, to identify strategies with a higher success rate.
  • Trades Per Year: Set a minimum value, for example, 6 or more, to find strategies with fairly frequent trades.

    • Step 5: Choose Strategy Types

    You can further narrow down your search by selecting specific strategy types. For example, if you are interested in long or short positions, simply check the corresponding checkboxes to filter strategies accordingly.

    Step 6: Specify Studies Conditions

    The Filter Tool also enables you to choose specific studies conditions that the strategies should meet. These conditions can include popular technical indicators like Heikin-Ashi or MACD (PayDay Cycle fans, anyone?). The indicator combinations are pretty much endless! Select the studies conditions that align with your trading preferences by checking the appropriate checkboxes.

    Step 7: Refine and Review Results

    Once you have set your desired filters and checkboxes, you’ll see a list of trading strategies that meet your specified criteria.

    To find strategies from your My Strategies list

    Set your Scan Tab menus

    From the Scan Tab, make sure you have the “My Strategies” option selected from the Strategy Menu. You’re also free to decide if you want to look for strategies for the Current Stock, the Current Watchlist or on All Stocks.

    Afterwards, follow Steps 2 to 7 from the previous section on how to look for crowd-sourced strategies. Instead of looking within our extensive database, you’ll be looking into the ones you already chose to keep an eye on.

    How to Save a Filter Set

    Once you have the filters the way you want them, click on the + icon at the top of the filter menu, + icon shown below:

    After you hit the + icon you'll see an overlay menu where you'll be asked to name your filter set. Go ahead and name it and then click the green save button. In the example below I've named it "My Fav Filter":

    How to Edit a Saved Filter Set

    You can also edit the filter set and also rename it if you wish. Click on the pencil icon to edit your filter set. Please note you can only edit filter sets you've created. Members cannot edit popular filter sets.

    How to Delete a Filter Set

    To delete a filter set, click on the pencil icon and then click on the red trash can icon.