A filter or also called scanner allows you to search different criteria in large stock lists. DAGOBERT DACHS offers you a comfortable scanner with which you can browse a big stock lists according to all conceivable information. You launch the stock filter by clicking on the filter icon in the Functions menu:
You can use the stock scanner for:
Finding old stock quotes (so that they can be updated)
Searching for certain fundamental data (EPS, EBITA and market capital)
Searching for indicator values (for up to 20 different indicators at the same time)
Searching chart-technical patterns or signals (e.g., after Candlestick formations)
The easiest filter application is the search for certain basic dates of stocks or their indicator situations. All available filters can be also combined with each other. They have the most varied possible combinations. Thus basic and technical filters can be also combined.
Because themselves the filters also order for single portfolios, you can filter, for example, comfortably your watch list or investigate known indexes like the Dow Jones (^DJI) more exactly. They must not always browse all stocks to find a stock which fulfils best your filter criteria. Therefore a entry decision or exit decision is made easier to you, because you can find straight stocks with the filter method. Filters are powerful tools which you should absolutely use for your analyses.
After the choice of your filter you can use this filter, while you press the button "Use filter". Now behind every filter appears the number of the stocks which fulfill the filter criterion (green) or not fulfill (red). By clicking on the green number behind the filter you receive an exact listing which stocks the criterion have fulfilled. If you would like to take over the filtered stocks into the main program, to iurther investigate, for example, closer their market price course (charts) - you press after the filter the button "Take over result." A new portfolio with the name "Filter outcome" is created through this.
You are a basic analyst and search, for example, according to the stocks their market capitalization that amounts at least 10 billion dollars and which has a EPS <15. Then you should carry out following preferences:
Annotation: ( B stands for billion. The American billion is the German milliard)
From 30 investigated stocks all stocks fulfil the 1st criteria. 2nd condition are fulfilled only by 4 stocks (which stocks fulfil a filter condition, you can see while you click on the green number behind every filter. The red number gives you the information which stocks have not fulfilled the filter condition).
The program is delivered with predefined filters. You can store from you created filters comfortably with the program and use again at a later time.