[Lplate]

Is there a software where one can automatically pull picks based on a predefined range. I see a lot of sites where you can do this on specific crossover events. Is that possible with the Weinstein method?

There isn't any software capable of identifying the Stages accurately as it requires a number of discretionary elements, as you will find as you learn more about identifying the Stages. You can however, set up scans in various software programs to filter out a lot of the stocks that aren't suitable and then manually look though the remaining stocks to pick out the candidates that are making the right moves.

I like to use point and figure double top and double bottom breakouts on Stockcharts.com scanner, as this gives all of the breakouts and breakdowns each day, and then I scan through for anything suitable. Another site, Chartmill.com, has it's own method of defining ranges, which can also be used effectively, as you can look for stocks close to the top or bottom of their ranges using their scanner and then manually search the scan results for the Weinstein method candidates.

Another simple, but easy to find option is 52 week highs and lows. Barchart.com has these and you can again scan through these manually to find the best picks.

Because identifying the Stages can't be automated, that's one of the reasons for this site, as through collaboration of the members, I hope in time that we can highlight the majority of the Weinstein method candidates ahead of time in the Trader and Investor method watchlist threads.

isatrader
You are right we should not rely wholly upon a scanner, and of course it is an excellent job you do to spend hours on end running your own scans and then studying the results to highlight and interpret the best candidates for us.
Nevertheless, even though the scanner could be simplistic, I suppose it is just interesting to see what it comes up with, especially if the scan result lets you immediately see some sort of chart (such as finviz does if you hover over the symbol I look at finviz very occasionally because it lets you filter out some candidates by some fundamental criteria. If you are shorting a company, then it is also good to know that poor fundamentals are on your side.

I Thanks very much Acom for putting the link to this scanner http://screener.nextbigtrade.com/#/sectors I'd never heard of it.
as under Sectors you can choose "FTSE" and some charts immediately appear
Does anyone have any thoughts on how best to use it? Is it as simple as saying, in a general stockmarket which has gone into stage 4, searching
Stage 4,
1 week, vols 1, 2 and 3 descending,
Zoom your screen to 175% or 200%
Look down the top 7 chart pictures for likely candidates
clicking on W for Stockcharts Weekly candle chart
or Y for Yahoo Daily line chart
Then amending the charts, then studying it

Hey, wouldn't it be good if those links led to a customised chart design !!?

Is 2 weeks better maybe,
or Stage 3 4 weeks maybe, for imminent Stage 4 breakdowns?
Thanks for any thoughts