The Market Scan page performs a key role in the stock selection process. This page allows you to scan the whole market for desired signals, select a specific sector to narrow down the search.

For each stock scanned, this screen shows if the stock is recording bullish or bearish signals, the frequency of these signals, if the stock is trading above or below important trend indicators as well as other details relevant to stock selection.

Code and Company are the exchange code and the company name.

Signal - When analysing the market, you are interested in stocks that are showing strong signals. If a stock is showing strong positive signals today, then this column has a green Bull signal. If it is showing strong negative signals today, it has a red Bear signal.

Instead of scrolling through the results of today's scan to find the bullish and bearish stocks, you can filter the scan to show only these. In the top right hand corner of the Market Scan page, you will see the Filter. Select Bullish or Bearish from this box and click on Go.

Buy Price - When you purchase a stock, you will be asked to enter the price that you payed into the buy screen. For easy reference, it is displayed in this column.

Stocks Held - Also at the time you enter your purchase, you will be asked for the number of stocks that you purchased.

Value - At the end of each day, the system is updated for the close of day price. This amount is then multiplied by the number of stocks that you own to show you the current value of this holding.

Profit% - The closing price each day is also used to calculate if you have made a profit or loss to date.

FSL and Alarm. FSL stands for floating stop loss and shows red when a stock has fallen from a previous high by 10%. This is the default FSL. You may change this value on the Preference page.

The Alarm column shows a green High Alarm (HA) or red Low Alarm (LA) if the stock price rises above or falls below a price level that you have preset.

SMA 30 - stands for 30 day moving average and is a basic trend indicator. It answers the question of is the stock trending up or is it trending down? You will be introduced to this indicator more in-depth in the Charting Indicator Basics section, but in summary it will show a green Above signal if the last closing price is above its 30 day moving average. A red Below signal will show if the last closing price is below its 30 day moving average

30 50 - The 30 50 column is also another basic trend indicator like the 30 day moving average, but involves a second moving average called a 50 day moving average. This column will have a green Above signal when the 30 day moving average is greater than the 50 day moving average of the price. A red Below signal will show that the 30 day moving average of the price is below the 50 day moving average.

MACD - Along with the stochastic and moving averages, you will be introduced to this in the Charting Indicator Basics section and how to use it as part of a trading plan. In summary, when this stock is showing positive MACD signals, this column will show a green Bull signal. When the stock shows negative MACD signals, the column will show a red Bear signal.

What is a Bull or a Bear? Bulls and Bears have been used to describe the performance of the share market for decades. It was popularised in the United States and is now a universal term. A bull market or bullish stock describes a stock that is trending upwards. Similarly, a bear market or bearish stock is one that is trending downwards.

STO - As with the MACD, the column will show us a green Bull signal when the stock is showing positive stochastic signals, and a red Bear signal for when the stock is showing negative stochastic signals. This indicator will also be covered in detail in the Charting Indicator Basics section.

OPI - Overall Performance Indicator. The OPI is a summary of the charting indicators and will show positive signals with a green icon or negative signals with a red icon.

Price - This is the closing price for today.

Current Value - This is the last closing price multiplied by the number of stocks you own.

% Change - This is the percentage change in price over the last 3 months. For example, if the price has gone from $1.00 to $2.00 during that time, we would see 100% in this column.

Dollars Traded - Is the average dollar amount traded in the stock over the last three months. Daily turnover for this calculation has been simplified by multiplying the volume of traded stocks by the closing price.

Go To - Clicking on the magnifying glass will take you to the analysis for that stock. Clicking on the chart icon t will open up the chart for that stock in a separate window.

Action - To add a stock into your Portfolio, click on BUY and enter your purchase details. To remove a stock from your Portfolio, click on SELL and enter your selling price.