Adding float as advanced filter criteria?
by TraderMike about 2 hours ago
Here's an email I got recently. I thought I'd post it here to see if anyone else would like to have float added to the filter options.
I use swingtradebot a lot and really enjoy the product, however, I noticed there is no float filter to look only at stock with lower float. Is it possible to add that filter? Thanks so much.
T
TraderMike about 2 hours ago
My response was:
I'm curious about how you would use such a filter -- do you have an absolute number of shares in mind? Or would it need to be a percentage of outstanding shares?
This also makes me wonder if the real goal is to filter for volatility regardless of float. Should I add something like a percentage based ATR?
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