A New NASDAQ Scanner Filter
The Smart Money Filter is a new option within the EdgeBreak NASDAQ Scanner designed to identify stocks displaying accumulation characteristics before a breakout becomes obvious. Combine Smart Money with resistance touches, higher lows and breakout filters to focus on higher-quality research candidates.
How The Smart Money Filter Works
The EdgeBreak Smart Money Filter is designed to identify stocks displaying accumulation characteristics commonly associated with increasing institutional participation. Rather than attempting to predict future price movements, the filter searches for evidence of unusual buying activity through price behaviour, volume patterns and market structure.
Institutional Activity
Large investors and institutions often accumulate positions gradually over weeks or months rather than entering a position all at once.
Accumulation Detection
The Smart Money Filter searches for volume clustering, absorption, strong closes and tight price structure that may indicate accumulation activity.
NASDAQ Scanner
Investors can then combine the Smart Money Filter with resistance touches, higher lows and breakout filters inside the NASDAQ Scanner to identify higher-quality research opportunities.
What Does The Smart Money Filter Look For?
The EdgeBreak Smart Money Filter is not based on RSI, MACD or traditional technical indicators. Instead, it focuses on price and volume behaviour that may indicate accumulation by larger market participants.
The filter searches for multiple accumulation characteristics including volume clustering, absorption, strong closes, tight price structure and healthy market trends. Stocks displaying these characteristics can then be filtered directly inside the NASDAQ Scanner alongside breakout-focused criteria such as resistance touches and higher lows.
This approach allows investors to focus on stocks that are not only displaying improving market structure, but may also be attracting increasing market participation before a breakout becomes obvious.
Current Scanner Environment
The Smart Money Filter scans more than 3,000 NASDAQ-listed stocks each day looking for accumulation characteristics and increasing market participation through price and volume behaviour.
What Creates A Smart Money Signal?
- ✓ Volume clustering
- ✓ Absorption of selling pressure
- ✓ Strong closes
- ✓ Tight price structure
- ✓ Healthy trend conditions
Smart Money + NASDAQ Scanner
The Smart Money Filter identifies stocks displaying accumulation characteristics such as volume clustering, absorption, strong closes and controlled price action.
These characteristics can be combined with resistance touches, higher lows and breakout filters inside the EdgeBreak NASDAQ Scanner to help identify stocks displaying both accumulation activity and developing breakout structures.
Step 1
The Smart Money Filter identifies stocks displaying accumulation characteristics across more than 3,000 NASDAQ-listed stocks.
Step 2
Apply the Smart Money Filter alongside resistance touches, higher lows and breakout filters inside the NASDAQ Scanner.
Step 3
Review charts, save stocks to your watchlist and perform further research inside My Workspace using integrated TradingView charting tools.