Givee scalp map trading for profit $500

Screening Filters

Before explaining the filters: a $500 scalping goal on XAUUSD (gold) is not something anyone can guarantee. What we can do is screen for instruments that are more likely to offer short-term momentum, liquidity, and tradable setups similar to what scalpers look for.

1. volume: min 1,000,000

• Purpose: Find highly liquid names.
• Rationale: Scalping works best when spreads are tight and entries/exits can be executed quickly. High volume usually means better liquidity and less slippage.

2. relative_vol: min 1.5

• Purpose: Capture stocks trading with above-normal activity.
• Rationale: A relative volume threshold helps find instruments with unusual interest and short-term movement, which is important for quick profit opportunities.

3. ema_5: min 0

• Purpose: Include names where the short-term trend is not deeply negative.
• Rationale: The 5-day EMA helps identify very recent momentum. For scalping, you generally want price behavior that is at least stable or improving on the short-term trend.

4. ema_20: min 0

• Purpose: Favor names not in a strong short-term downtrend.
• Rationale: The 20-day EMA is a common trend reference. Keeping it non-negative helps filter for instruments that are more likely to be tradable on the long side.

5. support_resistance_relationship: PriceBreakResistance, PriceAroundSupport, PriceAroundResistance

• Purpose: Target key price-action locations.
• Rationale: Scalpers often trade breakouts or bounces near support/resistance.
  • PriceBreakResistance: breakout continuation setups
  • PriceAroundSupport: bounce setups
  • PriceAroundResistance: rejection or breakout confirmation setups

6. min5_price_change_pct: min 0

• Purpose: Avoid names with immediate negative 5-minute momentum.
• Rationale: For a fast trade, you want the very short-term move to be neutral or positive, which is more aligned with scalp entries.

7. price_change_pct: min 0

• Purpose: Focus on instruments with positive daily momentum.
• Rationale: A positive overall price change suggests the market is already attracting buyers, which improves the odds of a clean scalp setup.

8. themes: Gold Mining and Precious Metals

• Purpose: Match the user’s gold-related request.
• Rationale: Since the user asked about XAUUSD / gold, gold miners and precious metals are the closest stock-market theme to that idea. They often move in sympathy with gold and can provide tradable exposure.

9. is_optionable: True

• Purpose: Restrict results to optionable stocks.
• Rationale: Optionable names are usually more liquid and actively traded, which often goes along with cleaner price action and stronger participation.

Why Results Match:

• The filters are designed for short-term scalping, not long-term investing.
• They prioritize liquidity, momentum, and price-action triggers that matter for quick trades.
• The gold/precious metals theme aligns the screen with the user’s gold-related intent.
• By focusing on support/resistance and recent trend strength, the screen aims to find setups where a fast move is more plausible.
• The optionable + high-volume requirement helps reduce the chance of thin, hard-to-trade names.

If you want, I can also help turn this into a true XAUUSD scalp plan with:

• key entry zones,
• stop-loss placement,
• take-profit targets,
• and a risk plan for a $500 account.