HC alerts me to very few. It's picked up a bit since this thread was formed. As it fits my criteria of short term trading. But as already pointed out. I look at my charts. And I pick the ones that suit my criteria to trade. If I don't have enough positions. I'll look at my watchlist to find something. I have my main watchlist. Then I have other smaller watchlists that I look at periodicaly.
So basicly what alerts me to them is running my calculations at night after market. And checking my wathclists. By running it manualy I'm only concentrating on those that match my trading strategy.
I've done this a long time. And this is how I have tweaked my trading over the years to maximize the profit that I take. If you don't have a set criteria to apply. Then you won't know what to look for. I have a set criteria and I know what I'm looking for.
If you run an automated scan. For instance 50ma crossing the 200ma. That's all you'll get. Running a manual scan of your charts gives you everything and more than any automated scan can provide.
