Screening Filters
relative_vol ≥ 1.3
- Purpose: Find instruments currently trading with significantly higher-than-normal volume.
- Rationale: For a 15–30 minute trade, you need:
- Tight spreads and strong liquidity so you can get in and out quickly.
- Unusual activity that can fuel short-term price moves.
A relative volume of at least 1.3 means current trading activity is 30%+ above the recent average, which often coincides with intraday moves and tradable volatility.
rsi_category ∈ {moderate, overbought}
- Purpose: Focus on assets with clear upside momentum, from healthy strength (“moderate”) to strong momentum (“overbought”).
- Rationale:
- A quick 15–30 minute long trade usually works best when momentum is already in your favor, not when price is oversold and still searching for a bottom.
- “Moderate” RSI indicates bullishness without extreme stretch.
- “Overbought” catches strong momentum bursts that often continue for a short time before reversing.
This filter targets price action that is already moving decisively, which is exactly what very short-term trades rely on.
moving_average_relationship = PriceAboveMA5
- Purpose: Ensure the current price is above a very short-term moving average (5-period), signaling a near-term uptrend.
- Rationale:
- For a 15–30 minute scalp, the micro-trend matters more than the daily trend.
- Price above the 5-period MA tells you buyers are in control on the immediate timeframe.
- It helps avoid taking quick trades against the prevailing short-term direction, which reduces the chance of fighting momentum.
min5_price_change_pct between 0.2% and 1.5%
- Purpose: Capture assets that have already moved meaningfully in the last 5 minutes, but not so explosively that the move is likely exhausted.
- Rationale:
- Minimum 0.2%: Confirms there is actual movement and not dead, choppy price action.
- Maximum 1.5%: Avoids chasing a spike that may already be climaxing and prone to sharp reversals.
This gives you instruments in a “sweet spot” of active but not yet blown-out short-term momentum, which is important when your holding period is just 15–30 minutes.
Why Results Match
- The filters collectively look for high-activity, high-liquidity, short-term uptrends—conditions that are essential if you want a realistic shot at a 15–30 minute trade.
- Momentum (RSI + price above 5MA) plus recent movement (5-minute price change) focuses on assets already moving in your desired direction, instead of trying to time uncertain reversals.
- The volume and price-change bounds are designed to favor tradable volatility without extreme, late-stage spikes, which makes entries and exits in a 15–30 minute window more manageable.
Note: No filter set can guarantee a successful move in a specific 15–30 minute window, but these criteria bias the search toward the types of short-term momentum setups that are most likely to offer that kind of opportunity.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.