Shopping Guide

Find the perfect TC2000 scans and indicators for you.

We have over 30 different scans and indicators in our store, so we understand that it can be a bit overwhelming — but very exciting — to look through all of the different ideas you can download. Fortunately, we’ve made it very easy to narrow down your search and hopefully this guide will explain our categories and selection.

Searching for indicators

What are indicators? Technical indicators are designed to help you to interpret market action easily. It can be difficult to notice unique situations or certain market environments looking at price by itself. An indicator will give you that context and quickly focus your attention when and where you may want to look for a trade.

TC2000 RSI Divergence Indicator

TC2000 Weak Close Heavy Volume Scan

Searching for stock scans

What are stock scans? Stock scans are synonymous with trade setups, a critical piece of a trading strategy. A stock scan (or screener) will give you a list of stocks that meet pre-defined criteria relating to price action, technical indicators, moving averages, etc. The goal is to refine your timing so that you are entering a stock before it moves in your desired direction.

We have a lot of different scans in our store and we break them up into various categories (below) for easy navigation.

TC2000 Weak Close Heavy Volume Scan

Scan categories: candlestick patterns, technical criteria, and premium scans

Candlestick Patterns

These are your classic Japanese Candlestick Patterns put into stock scans. Trusted by market technicians for decades, these formations have been written about and studied extensively in books and blogs. We always try to use the “classic” definition when crafting these scans, but because different sources have slightly different ways of expressing these candlestick patterns, you’ll want to read through each scan page to get a clear understanding of what rules we’re using.

Click image to view all candlestick patterns

Technical Criteria

Sometimes the basics are all you need. This collection of scans are built with widely used criteria like a stocks volume, candlestick range, and some of the most popular technical indicators such as Bollinger Bands.

Click image to view all technical criteria

Premium Scans

This is Trade Risk’s custom scan creations, many of which Evan has, or currently does use, in trading strategies. These scans are based upon a unique combination of price action relationships that we have found success with.

Click image to view all premium scans

Deciding which stock scan is right for you

All of our scans were designed for short-term trading opportunities, so settling on one of them really comes down to your personal preference. We group scans into breakouts, pullbacks, reversals, and consolidations, so our recommendation is to choose the patterns you have the most experience or comfort in trading

Breakouts

Breakout scans identify stocks that are in the process of breaking out or surging to new highs. The benefits of breakout scans is that you are getting price confirmation in your direction, however these scans can make certain traders uncomfortable that feel like they are "chasing" the move.

Fresh Breakout High Scan

TC2000 Pullback Strength Scan

Pullbacks and reversals

Pullbacks and reversals won't give you the same level of confirmation as breakout scans but they do get you in at a lower, or earlier price, hopefully when the stock is ready to turn and reverse in your direction.

TC2000 Pullback Strength Scan

Consolidations

Consolidations are a lot of traders favorite setups because the levels are clear to know when and where to enter and exit trades. Consolidation scans also help you anticipate potential breakouts before they occur and you can even play reversal setups within the consolidation ranges making these sets of scans quite versatile.

TC2000 Ultimate Consolidation Scan

Are you looking for bullish or bearish ideas?

We've got you covered on both sides of the market. Nearly all of our scans and indicators have bull and bear version equivalents so you can take advantage of trends in both directions. Look for our bundle packages to get discounts on buying the bull and bear equivalents together.

Pick the scan that's right for you

There are trade-offs with every single scan, no scan is “better than another” it all depends on how you use them, what you’re most comfortable with, and what you are looking to achieve.