Like day trading scalping

Screening Filters & Rationale

1. Price Change Percentage (price_change_pct >= 0):

   • Purpose: Identify stocks with positive or neutral price movement.
   • Rationale: Ensures focus on assets with upward or stable momentum, suitable for scalping opportunities.

2. Relative Volume (relative_vol >= 2.0):

   • Purpose: Highlight stocks with trading activity at least twice their average volume.
   • Rationale: Increased volume often signals heightened interest, creating more volatility for scalping.

3. Beta (HighRisk):

   • Purpose: Select high-beta stocks with greater price sensitivity.
   • Rationale: High-beta stocks are more volatile, providing frequent price swings ideal for day trading.

4. Weekly Average Turnover (weekly_average_turnover >= 5,000,000):

   • Purpose: Ensure liquidity by focusing on stocks with high turnover.
   • Rationale: High turnover reduces slippage risk and ensures smoother trade execution.

5. RSI 14 (rsi_14 between 40 and 60):

   • Purpose: Target stocks in a neutral RSI range.
   • Rationale: Neutral RSI indicates potential for breakout movements, aligning with scalping strategies.