For day trading

Screening Filters

1. Market Cap ≥ $200M

   • Purpose: Focus on reasonably established cryptos instead of tiny, illiquid coins.
   • Rationale: For day trading, you want enough depth in the order book so your entries/exits don’t move the market too much. A $200M+ market cap filters out many micro-cap coins that are easier to manipulate, have wider spreads, and carry higher “blow‑up overnight” risk.

2. 24h Turnover (Trading Volume) ≥ $10M

   • Purpose: Ensure strong liquidity and tight bid–ask spreads.
   • Rationale: Day trading relies on getting in and out quickly. A minimum of $10M traded in the last 24 hours means there’s active participation, making it easier to execute larger orders without big slippage and to use intraday strategies (scalping, momentum, etc.) effectively.

3. 24h Price Change Between -15% and +15%

   • Purpose: Target coins that are moving, but avoid extremes that are already overextended or crashing.
   • Rationale:
     • If a coin is up 50–100% in a day, the risk of a sharp reversal is very high; chasing that can be dangerous.
     • If it’s down 40–60%, it may be in a panic phase with unpredictable gaps and liquidity pockets.
     • A -15% to +15% band keeps you in names with meaningful intraday movement, yet still within a more tradable, manageable volatility range for short-term setups.

4. 24h Volatility Between 2% and 50%

   • Purpose: Find assets with enough price action to trade, but not so wild that risk becomes unmanageable.
   • Rationale:
     • Below ~2% volatility, price is often too flat for intraday profit targets to make sense after fees and spreads.
     • Above ~50%, swings are so large that intraday stops may get hit randomly, and risk per trade becomes very hard to control.
     • This band is designed for day traders who need movement to profit but still want to apply reasonable risk management.

5. Is Trending = True

   • Purpose: Focus on cryptos currently attracting attention and order flow (news, social buzz, unusual volume).
   • Rationale: Trending assets typically have:
     • Better intraday volatility patterns (momentum, breakouts, pullbacks).
     • Heavier volume and tighter spreads.
     • More predictable reactions to technical levels because more traders are watching them.
       This is exactly what day traders look for: “in‑play” names rather than dead charts.

Why Results Match Your Request for Day Trading

• The screen emphasizes liquidity and size (market cap, turnover) so you can enter and exit quickly without huge slippage.
• It enforces tradable volatility (price change and volatility bands) so there’s enough price movement for intraday strategies but not so much that it’s pure gambling.
• It focuses on currently active, “in‑play” coins (is_trending), which are usually the best candidates for short-term trades.

Together, these filters are built to surface cryptos that are liquid, actively traded, and moving enough to be interesting for day trading, while filtering out the most extreme and dangerous outliers.