10 - 10:30 pullbacks/anyway to scan

[bspratt22]

Everyday there are intraday pullback opportunities (long or short depending on market) around the 10 to 10:30 market time period. Is there a scan available to flag these prospects? A watchlist column and/or alert would be cool also. Does anyone have experience with this?

 

[halcyonguy]

probably doable...
would have to define what a pullback is, in specific chart terms.

is it a difference of 2 close prices, separated by x bars, or x minutes, with the end time within some time range (10 to 10:30)?

or can the start time be a day ago, a week ago, ....

 

[Break Trader]

probably doable...
would have to define what a pullback is, in specific chart terms.

is it a difference of 2 close prices, separated by x bars, or x minutes, with the end time within some time range (10 to 10:30)?

or can the start time be a day ago, a week ago, ....

I would say it would be difference between bars, number of bars would depend on time frame(s) being used. I would think more bars would create a better pullback visual so 6 - 5-minute bars for the first half hour and 12 - 5-minute bars for the first hour!
with that being said, since most wont just trade any name that has pulled back, a watchlist column with some type of color would probably be best if that is possible.
Thank you