I put this one together recently and have tested it a little bit with good results in finding possible trades.
So far, I've taken no trades from this scan setup.
I've run it after hours, AFTER 8 PM eastern when the AH trading has completed and found some very good looking watchers.
It will pick up stocks that fit all the following criteria:
- volume over 300K on the day
- ask size $0 to $20
- The CLOSE (Day) is at least .1% above the 50, 20, and 9 EMA
- The price change is 4% greater than 1 bar (4-hour candle) ago
- Current DAY volume increased 20% from its typical 50 period Average
- Exclude: All OTC stocks (since they don't trade AH anyway)
With this exact criteria, tonight I found a manageable (24 stocks) list of mostly earnings sell-offs that started to recoup after hours as well as some multi-day runners that continued to run or gap after hours.
http://tos.mx/EdMksA0
It is a new scan setup that I have not tried yet but it looks promising so far.
I will have them on a watchlist for tomorrow and see how they do.
So far it looks like a good list of in-play tickers!
Let me know if this is what you were looking for. All the criteria should be able to be dialed in on your end easily to fit the exact type of stocks you are looking for.