I need one good for sniping day trades

Screening Filters

1. Relative Volume (relative_vol: {'min': '2'}):

   • Purpose: To identify stocks with significantly higher trading activity compared to their average volume.
   • Rationale: A relative volume of 2 or higher indicates that the stock is trading at least twice its average volume, which often signals heightened interest or activity. This is crucial for day traders looking for stocks with strong momentum and liquidity.

2. RSI Category (rsi_category: ['moderate']):

   • Purpose: To filter stocks that are neither extremely overbought nor oversold, but are in a moderate RSI range.
   • Rationale: Stocks in a moderate RSI range are more likely to exhibit balanced price action, making them suitable for short-term trading opportunities without the risk of immediate reversals due to extreme RSI levels.

3. Price Change Percentage (price_change_pct: {'min': '5'}):

   • Purpose: To find stocks with significant price movement (at least 5% change).
   • Rationale: Day traders thrive on volatility and price movement. A minimum price change of 5% ensures that the stock has enough momentum to provide potential profit opportunities within a single trading session.

4. Beta (beta: ['HighRisk']):

   • Purpose: To focus on high-beta stocks, which are more volatile and tend to have larger price swings compared to the overall market.
   • Rationale: High-beta stocks are ideal for day trading as they are more reactive to market movements, providing traders with the volatility needed to capitalize on short-term price fluctuations.

Why Results Match:

• High Liquidity and Activity: The relative volume filter ensures that the stocks identified are experiencing heightened trading activity, which is essential for day traders to enter and exit positions quickly.
• Volatility for Profit Potential: The combination of high beta and significant price change percentage ensures that the stocks selected are volatile enough to provide meaningful intraday price movements, which is critical for sniping day trades.
• Balanced RSI: By focusing on stocks with a moderate RSI, the screener avoids stocks that are overextended in either direction, reducing the risk of immediate reversals and providing more stable trading opportunities.
• Targeted for Day Trading: All filters collectively focus on stocks with the characteristics most suitable for short-term, high-frequency trading strategies, aligning perfectly with the user's request for sniping day trades.