Delphian’s Trade Scanners are designed as a one-stop shop for finding and then backtesting trade ideas all on the same page. The 7 different scanner themes currently available are explained in detail on the corresponding tabs: Seasonality, Earnings, Candlesticks, State Transitions, State Targets, Proprietary Trades and Unusual Option Activity. Each page has customizable search parameters, symbol search lists and trading strategies to execute backtests with.
After screening for qualifying candidates (each scanner provides unique search parameters), each symbol or groups of symbols can be quickly backtested using 1 of 20 different stock or option strategies. The process involves 5 quick steps for each trade scanner:
For earnings trading, our platform provides a multi-functional earnings calendar with a built-in screener and a quick backtesting tool, all within one, easy-to-use screen. It scans hundreds of stocks within seconds to recognize which symbols match a specific earnings pattern and then performs a quick backtest to find out if the trade is historically profitable.
There are 10 different types of earnings trades available in the platform:
Enter customizable search parameters to find the type of trades on the specific day you want with a quick backtesting capability available after finding the search results. The search day is also customizable so you go back in time and select any day from Jan 3, 2007 to present. Search parameters include:
State Modeling is Delphian’s proprietary algorithm that predicts upcoming stock trends using 8 different states to classify the strength of the bullish or bearish move upcoming. When a stock moves into a new state then that is a great time to see if a profit trade can be found.
State Modeling is Delphian’s proprietary algorithm that predicts upcoming stock trends using 8 different states to classify the strength of the bullish or bearish move upcoming. Once a stock has entered a state state and met a target the probability of a reversal can be high for certain symbols. The State Targets trade scanners allows you to find all symbols that have either met a profit target or stop-loss and test various option strategies to try and find a historically profitable trade.
Enter customizable search parameters to find the type of trades for the specific time period you want with a quick backtesting capability available after finding the search results. The search day is also customizable so you go back in time and select any day from Jan 3, 2007 to present.
Delphian has created twelve, high probability trading strategies that are designed to use multiple confirmation signals to predict either a breakout, a pullback or a bottom in price.
Select the specific candlestick pattern you want to find from a large list of available patterns then quickly backtest using 1 of 20 available stock and options strategies to search for profitable trades. Available candlestick patterns are shown below: