SMAD5
▼ Bearish
Streaming Alert (Scanner)
Downward Thrust (5 Minute) Alert (SMAD5)
Find stocks whose 8 and 20 period SMAs are both falling on the 5-minute chart in real time with Trade Ideas Streaming Alerts (Scanner). An downward thrust is when a stock's 8 period SMA and 20 period SMA have both been going down for each of the last 5 periods.
Stocks making a run, up and down.
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Streaming Alerts push each Downward Thrust (5 Minute) alert the moment the 5 minute candle closes.
How Trade Ideas finds it: by default, Downward Thrust (5 Minute) alert appears when a stock's 8 period SMA and its 20 period SMA have both been going down for each of the last 5 periods. See Trade Ideas plans and pricing to run it live.
How the Downward Thrust (5 Minute) alert works
This alert is the same as the other downward thrust alerts, but it works on a 5 minute chart instead of a 2 and 15 minute chart.
Default settings
By default, Downward Thrust (5 Minute) alert appears when a stock's 8 period SMA and its 20 period SMA have both been going down for each of the last 5 periods.
Custom settings
Settings
For 'Downward Thrust (5 Minute)' alerts, you have the option to use an alert specific filter. This filter is located immediately to the right of the corresponding alert and is always optional. You can decide to leave it blank if you want to receive more alerts, or you can fill it in to restrict the number of alerts you receive. This filter allows you to specify the quality of the alert. When you set a higher number for this filter, you are telling the alerts server to display only alerts that meet a higher quality standard, resulting in fewer alerts being shown.
When setting an alert for 'Downward Thrust (5 Minute)', the user can filter these alerts based on the suddenness of the move. If the stock takes off in one direction or the other, but the 200 period SMA is flat, then this move is considered very sudden. The flatter the 200 period SMA, the closer the quality value will be to 100.
Key point
There is no lowest possible value for this field. However, most alerts will have a value above 90. Roughly speaking, a value of 0 would mean that the 200 period moving average moved all the way from the bottom of the chart to the top of the chart.
What the alert shows you
The description of the alert will give a more comprehensive breakdown of the 8 and 20 period SMA.
The quality value on a scan using the "Downward Thrust (5 Minute)" represents the suddenness of the move.
Related alerts
Filters to pair with the Downward Thrust (5 Minute) alert
Categories
FAQ
Find stocks in a strong 5 minute downtrend?
Turn on the Downward Thrust (5 Minute) alert (SMAD5) in Trade Ideas Streaming Alerts. By default, Downward Thrust (5 Minute) alert appears when a stock's 8 period SMA and its 20 period SMA have both been going down for each of the last 5 periods.
What is the Downward Thrust (5 Minute) alert?
An downward thrust is when a stock's 8 period SMA and 20 period SMA have both been going down for each of the last 5 periods.
How do I see fewer, higher-quality Downward Thrust (5 Minute) alerts?
Use the optional alert-specific filter immediately to the right of the alert. A higher number tells the alerts server to show only higher-quality alerts, so fewer appear. Leave it blank to see more.