Custom Search Sets

 

If you wish to search the market using parameters other than those provided in the pre-defined sets, you can create a custom search set.

Create a Custom Search Set

  1. From the Feature drop-down menu, select Market Matrix , then User-Defined , then New Query.
  2. A New Market Matrix Evaluation Set window will appear. Give your new search set a name. (Example:"Penny Stocks")



  3. The Market Matrix Properties window will appear.

    Begin by setting General Parameters for your search set. From the Primary Search drop-down menu, select the type of stock you wish to locate (Largest Percentage Gainers, Largest Overnight Gap, etc.). Check the box next to the exchanges you wish to search (NYSE, AMEX, etc.) and select the number of results you wish to view (from 5 to 40).

  4. Next, add Specific Parameters to narrow your search. From the Search Parameters menu, select an option such as "Last Price at Most" and click the ">" button.

    A small "Matrix Parameter" window will appear. Insert a price or percentage and click "OK." The option will be added to the "Full Description" window. Use this window to read the parameters of your search.

    To delete the option, click on it in the "Full Description" window and click the "Delete" button.

    If desired repeat this step again to further limit your search.
  5. Click "OK" to save your custom Evaluation Set.
  6. To view the results of an Evaluation Set once it has been created, simply select it from the drop-down menu at the top of the Market Matrix window. The Matrix will continually scan the market for stocks that meet your criteria, so the list may change frequently. To temporarily stop this process, click the "Freeze" button.

Trade from the Market Matrix

To trade a stock found using the Market Matrix, simply click and drag the stock onto the Market Depth Window and complete your order.

Other ways to trade include using the Trade Strategies window to create a trading strategy.

Understanding Market Matrix Data

Symbol
 The company's officially registered stock symbol.
Bid
 The price that a potential buyer is willing to pay.
Ask
 The price at which a seller is offering a security. Also called offer.
Last
 The price of the most recently executed transaction. Last often toggles between the Bid and the Ask but may be at any price.
Change
 The difference between the Last price and the Close price.
% Chg
 The difference between the PrevClose price and the Last price computed as a percentage. (Change divided by Last times 100%.)
Volume
 The number of shares traded.
High
 The highest price at which a trade was executed on a given security.
Low
 The lowest price at which a trade was executed on a given security.
Open
 The price of the security when the market opened.
Ovn%Change
 Overnight Percentage Change. The difference in percentage between market open and previous market close.
Bid Exch
The Exchange for the current Bid.
Ask Exch
The Exchange for the current Ask.
Prev Close
Closing price for the previous day.
Time
 Time of the last transaction.
Last Exch
The exchange for the last transaction
Company Name
Company name associated with the stock symbol.
Last Size
Size of the last trade transacted on the market.
Bid Size
 The requested number of shares of the highest bidder.
Ask Size
 The number of shares a seller is selling at a quoted ask price.
Day Change
 Price change of a stock since market open.
Day Change%
 Percentage change of a stock since market open.
Range%
 The percentage gap between the highest and lowest stock price.

Manage Your Custom Search Sets

  1. From the Feature drop-down menu, select Market Matrix , then User-Defined , then Query Manager.
  2. A list of currently saved search sets will appear. Click on the name of a search set and Rename or Delete it using the buttons provided.