Specific Filters
                        TRADINGMARKETS.COM  Interactive   RS   InvestigatorsSearch
                              This  filter  gives  you  the   top   relativestrength stocks versus all other  stocks  from  a  universe  of  5,000  mostactively traded stocks. It is not the RSI (Wells Wilder RSI)  that  measuresthe stock against itself which we all  use  as  a  momentum  indicator.  Thefilter covers the past 12 months weighted more  to  recent  action.  If  thestock has corrected sharply but still shows a RS of 98 or  99,  its  becausethe 12 month advance was significant and the current correction is  probablysmall, in terms of percentage of the overall advance.
                       Search # 1
                       RS value = between 80 – 99
Price Filter = more than 25 (only  because  of  recent  splits,  the  higherpriced stocks will give you better absolute move)
                       Volume Filter = more than 400,000 shares
                       The volume is what the stock  traded  that  day,  notthe average daily volume of the  stock.  I  prefer  the  stock  to  have  anaverage daily volume of at least 500,000 shares for the past 30 –  50  days.The filter for 400,000 allows for a lower than n ormal volume day.
                       Search #2: The second part of the filter  is  to  runit again with RS values between 60 and 79.
                       This catches stocks that might be correcting back  totheir 50 and 200-day Exponential Moving  Average’s  (EMA’s),  which  presentsome good opportunities. After these corrections  you  will  often  see  theGenerals add good  stocks  on  short-term  market  weakness  and  where  thebrokerage firms like to time their recommendations.                       Search #3: The third part of the filter is to run  itwith the RS value between 90 and 99 and no other criteria.  This  gives  youthe top relative strength stocks of the 5000 stock  universe  regardless  ofprice and volume.                       The first three examples give you an idea of  whethera stock is in a runaway mode, pulling back briefly from swing  point  highs,or consolidating after Wide Range Bar (WRB) thrusts or gaps.  To  understandthe filters and which stocks are found you must go  through  each  chart  soyou get the feel for any lag in the filter.                       Search #4: If you decide to trade the 50  dollar  andover big cap stocks only, then a good filter to use is:                       RS Value: between 80-99                       Price Filter: more than 50                       Value Filter: more than 750,000