TradeFinder User Guide

TradeFinder User Guide

The TradeFinder application can be used to filter for stocks and options in the context of the WiseTraders method. The key is finding the neatest flags and consolidations, supported by the OVI, and the Big Money Footprints.

Our most successful traders use a combination of discretion and the software to trade.

Enrolling only for our OVI Markets Daily program will not grant you access to the TradeFinders. You will need an active subscription to any of our other Stock or OptionEasy programs to gain access to the TradeFinders.


Understanding the TradeFinders

A. TradeFinder Steps

  TradeFinder Step
Functionality
  Step 1: Start
Presents you with three different options to filter through stocks
Step 2: Filters
Displays a list of filters relevant to the TradeFinder. This enables you to focus on your preferred trade setup and strategy
Step 3: Results
Produces a list of stocks based on the filters you’ve selected. 


B. TradeFinder Buttons
Load Filters 

  • This can be found under any saved filter sets (OVI Fast Filters and My Personal Filters) 

  • Clicking on this will load the filters of a specific filter set. In other words, it directs you to Step 2 of the TradeFinder

  •  You can view the relevant filters within the filter set and add/remove filters from here


 Load and Search

  • This can be found under any saved filter sets (OVI Fast Filters and My Personal Filters) 

  • Clicking on this will immediately generate a list of stocks that satisfies the criteria of the specific filter set. In other words, it directs you to Step 3 of the TradeFinder


 Edit Fast Filter

  • This can be found under your personal saved filter sets (My Personal Filters) 

  • Clicking on this will bring up an “Edit Filter Set” box where you can rename or edit the description of your personal fast filters


C. Trade Finder Filter Set Icons (OVI Fast Filters and My Personal Filters)

    Big Money Footprints (BMF-OVI, Key Levels, Volume Pocket, Gap)

  • These icons are displayed under any saved filter sets that contain the Big Money Footprints filter 

  • Click on the individual icon to learn which Big Money Footprint is it associated with

  • These icons will not appear on filter sets that do not filter for the Big Money Footprints in stocks

  • The Big Money Footprints filter are outlined in yellow under Step 2: Filters of the TradeFinder


Filter Direction (Bullish/Bearish/Direction Neutral)

  • These icons are displayed under any saved filter sets that filters for a bullish or bearish direction in stock trend 

  • Click on the arrow icon to display the icon’s description

  • The bullish or bearish direction icon will appear on the filter set if you select any of the filters under “OVI Filters” or “Continuation Filters” in Step 2: Filters of the TradeFinder. This is applicable to all the stocks TradeFinders (FlagTrader, Reversals etc) and directional option strategies TradeFinders (Long Call, Long Put etc)

  • The direction neutral icon is only applicable to the options TradeFinders where it will only appear on direction-neutral options strategies


 Earnings (Post-Earnings/Pre-Earnings/No earnings)

  • These icons are displayed under any saved filter sets that have an active “Earnings” filter 

  • The “Earnings” Filter is located under “Stock Filters” in Step 2: Filters of the TradeFinder

  • Click on the icon to display the earning’s information for the filter set


Fast Filter Result Count

  • This icon is displayed under the shared fast filter sets (OVI Fast Filters) 

  • The number in the icon indicates the number of results associated with the fast filter (Step 3: Results of the TradeFinder


Information 

  • The grey information icon is displayed under any saved filter sets (OVI Fast Filters and My Personal Filters). It contains the description of the saved filter sets.

  • The orange information icon is displayed under Step 2: Filters of the TradeFinder. It contains information on the various filters within the TradeFinder

  • Click on the icon to display the information contained within it


How to Use the TradeFinders

Step 1: Start

Choose one of the following ways to begin filtering through stocks: 

  • New Search: Start a new set of filters

  • OVI Fast Filters: Find trades based on Guy’s preset filters

  • My Personal Filters: Find trades from your previous saved filter sets


Step 2: Filters

You will be directed to this step if you:

1) Select the “New Search” option from the OVI Fast Filters or My Personal Filters option of Step 1

2) Click on from the OVI Fast Filters or My Personal Filters option of Step 1 

You can add or remove filters, reset the filters to default or save a new filter set here. 


Step 3: Results

You will be directed to this step if you:

A) Click on in the saved filter sets (OVI Fast Filters or My Personal Filters) 

B) Click on “Search” from Step 2: Filters of the TradeFinder


From here, you can download the results into your computer, view the old and new OVI charts for the stocks listed or launch the stock’s data on YahooFinance. 

Finding good setups using OVI Fast Filters

The OVI Fast Filters is a great starting point for users who are new to the TradeFinders.


You can quickly go through the list of Fast Filters in the following ways:

  • Search: Type in the name of a fast filter or a specific trade criteria that you’re looking for

  • Tags: Filter the list based on direction, earnings or big money footprints


The OVI Fast Filters are created with a loose set of filters and may produce a large number of results based on current market conditions. 

To reduce the number of results generated by the Fast Filters, simply add more filters to the existing filter set and vice versa. 

Once you’re familiar with the TradeFinder, you can tailor the tool to your own trading preference by creating your own personal filter sets. This will enable you to focus on your preferred trade setups and strategies. 


TradeFinder Update Time

Because the OVI is reliant on options market data, which is not available until after the markets are closed at about 7pm Eastern US, midnight UK, literally billions of lines of code are run to refresh the OVI data and prepare the charts and OVI for the following market session.

This can take up to 3 hours to complete, although often sooner.






    • Related Articles

    • Watchlist User Guide

      You can view our in-house shared watchlists, create your own set of stocks to watch or launch a stock’s OVI chart using our Watchlist app. How to Use the Watchlist A) Watchlist Folder The Platform launches the Starter Folder by default when launched ...

    • OVI Charts User Guide

      The OVI charts display important and useful information to help you easily identify high-quality (AAA) trade setups.  Launching the New OVI Charts The new OVI charts are located within the Watchlist application. You’ll find the Watchlist app under ...

    • ATR Calculator User Guide

      The ATR Calculator uses a stock’s Average True Range (ATR) to provide a profit target (P1) and stop loss based on the previous day’s price information.  Access to the ATR Calculator is reserved only to our Home Hedge Fund and WiseTraders Summit ...

    • OVI Dashboard User Guide

      Use the OVI Dashboard to get an instant bird’s eye view of current market trends and how many of our tradable patterns are active on any given day. At the top of the OVI Dashboard, you’ll see a series of circles known as the OVIsi. It is then ...

    • ATR Trade Manager User Guide

      Using a stock’s average true range (ATR) to manage your trades can give you a more precise entry and exit point. You can do this using the ATR Trade Manager app. Access to the ATR Trade Manager is reserved only to our Home Hedge Fund and WiseTraders ...