How the scanner works

What the scanner does

The scanner is a rule engine, not a prediction model. It tests the covered market for technical patterns, ranks matches by relative strength, and turns only the most viable candidates into a plan.

A plan names an entry zone, a stop derived from current volatility (ATR), and targets in R multiples. The app shows whether a setup is tradeable, already in the portfolio, still waiting for its trigger, or deliberately skipped ("no_plan", "blacklisted").

The scanner places no orders, manages no real brokerage account, and makes no decisions for you. Execution and risk stay with the human.

Setup criteria

Every match has to pass several filters at the same time. If one is missing, the candidate is not presented as a tradeable setup.

• Trend template: price above the moving averages, rising MA structure, proximity to the 52-week high.
• Relative strength: the stock must outperform the broad market and its peer group.
• Liquidity: minimum price and turnover so entry and stop are realistically executable.
• Volatility: contraction before the breakout, enough room for an R target; ATR sets the stop distance.
• Setup-specific trigger: breakout through a defined resistance zone, episodic pivot after a catalyst, parabolic structure after an overextension.
• Risk rule: without a cleanly definable stop there is no plan — the setup is skipped.
• Exclusions: blacklist, delisted tickers, and unresolvable data are never shown as tradeable.

Data sources

Calculations use daily OHLCV prices adjusted for splits and dividends, plus index membership, sector/country metadata, and basic company records.

There are deliberately no paid news feeds, no intraday tick data, no options flow, and no fundamentals scoring. Anything not derivable from daily prices and market structure is not part of the signal.

• Daily adjusted OHLCV — basis for patterns, ATR, and relative strength.
• Index and sector lists — universe, peer groups, market regime.
• Data-quality checks for coverage, freshness, and cooldown run daily; gaps show up in admin health instead of being hidden.

Update cadence

The main run happens after the US market close. Setups, plans, and the market-regime read are then available for the trading day; the app shows the data date.

The methodology itself is versioned: changes to criteria or thresholds are code changes and are reflected on this page with the last-updated date.

Limits — and what this is not

MyScanity is an informational utility, not a registered investment advisor, broker, or asset manager. Signals are algorithmic evaluations of historical price patterns, not personalized advice.

• No guarantee: past patterns do not repeat reliably.
• Data risk: adjusted prices can be revised; outages and delays are possible.
• Selection and survivorship bias: the universe is assembled today and does not fully represent delisted stocks.
• No real-time or execution claim: plans are orientation, not orders.
• Market regimes change; a valid setup can still fail. Losses are part of trading.

Verify it yourself

The technical and legal basis is public: risk disclaimer, terms, and the agent documentation are linked. Programmatic users find scopes, limits, and error codes in the API guide.

• Risk disclaimer: /disclaimer
• Terms and withdrawal: /terms, /widerruf
• Agent API: /entwickler/api, machine-readable: /llms.txt