RAMS • Screener

How to Use the Scanner

The scanner is a liquidity + participation filter. It helps you find the names with real money behind them, so you stop wasting reps on dead charts.

Quick Start (60 seconds)

  1. 1) Pick a Universe (SPY / QQQ / Sector / Industry / EEM).
  2. 2) Set Min $Vol (liquidity gate) → start at $10M or $25M.
  3. 3) Set Min RVOL (participation gate) → start at ≥ 1.0 or ≥ 1.5.
  4. 4) Choose Rank Mode:
    • Money Rank = cash flow first (best default).
    • Momentum Rank = RVOL first (best for movers).
  5. 5) Hit Run Scan and take the top 10 to your charts.

How to Read the Results

Side (🐂 / 🐻)

Based on the day’s % change. It’s not a trade signal… it’s a directional snapshot.

Price + %Chg

Tells you who’s moving. Movers without volume are usually noise. Movers with real participation are where you lock in.

Volume

Shares traded today. Useful, but it can lie across different price levels. That’s why $Vol matters.

$Vol (Dollar Volume)

Price × Volume. This is the cash flow gate. If $Vol is low, institutions usually aren’t involved → spreads widen and moves fade.

RVOL (Relative Volume)

RVOL compares today’s volume to the recent average. Think of it like the crowd size.
RVOL 1.0 = normal participation • RVOL 1.5 = strong participation • RVOL 2.0+ = “eyes on it” level

Rule of thumb: if RVOL is under 1.0, it can still move, but it’s easier to get trapped because there’s not enough participation to follow-through.

Recommended Settings

Safe Default
Universe: SPY / QQQ
Min $Vol: $25M
Min RVOL: ≥ 1.0
Rank: Money Rank
Limit: 50
Momentum Hunting
Universe: QQQ / XLK / SMH
Min $Vol: $50M
Min RVOL: ≥ 1.5
Rank: Momentum Rank
RSI: optional (OB/OS only)
Calm Market / Chop
Universe: SPY / DIA
Min $Vol: $10M
Min RVOL: ≥ 1.0
Rank: Money Rank
Goal: shortlist, not chase
Critical thinking moment: if your gates are too strict, you won’t get “better signals”… you’ll get no data. The scanner is a filter, not a fortune teller.

Example Strategy (Simple + Repeatable)

This is a framework you can run daily. The scanner finds candidates. Your charting confirms entries/exits.

Step 1: Build the Watchlist
  • Run scan with your default settings
  • Take top 10–15 names
  • Remove anything with ugly spreads / wild illiquidity
Step 2: Mark Levels
  • Daily support/resistance zones
  • Pre-market high/low (if you day trade)
  • Key moving averages you respect (optional)
Step 3: Trigger
  • Wait for a clean break and hold OR break-and-retest
  • Confirm participation: RVOL rising, clean candles, no dead drift
  • Enter only when price proves your idea
Step 4: Risk + Exit
  • Stop goes beyond the level that invalidates your thesis
  • First target: next zone / prior pivot
  • Scale, trail, or exit when momentum dies
The “No Trap” rule
If a name is high on the list but RVOL is weak and price is extended into resistance… don’t chase. Let it prove itself with a pullback + retest or you skip it.

Common Mistakes (Read This Twice)

Mistake: treating the list as trade signals

The scanner is a shortlist. Your edge comes from confirmation and risk control.

Mistake: gates too strict → no results

If you get few/no names, lower Min $Vol or Min RVOL and widen your universe.

Mistake: chasing low RVOL moves

Low RVOL means weak participation. That’s where fake breakouts and fade moves live.

Mistake: ignoring context

Always check SPY/QQQ trend, major news days, and key levels. Context decides whether you press or defend.

Disclaimer

RAMS Off The Charts provides market data and analytical tools for educational purposes only. Nothing on this site is financial advice, investment advice, or a recommendation to buy or sell any security. Trading involves risk, and you are responsible for your own decisions, risk management, and outcomes. Past performance does not guarantee future results.

Tip: Keep it simple. The scanner finds the “who.” Your levels + execution decide the “how.”