MTF Reversal Confirmation
Daily oversold context with intraday reclaim trigger and participation expansion.
About This Scan
MTF Reversal Confirmation is a prebuilt technical scan for technical setups. Daily oversold context with intraday reclaim trigger and participation expansion. Every filter below is editable — load the scan into the screener, tune it to your risk appetite, and run it on live candles across 5m, 15m, 1h and daily timeframes.
Scan Rules
Stock passes all of the below filters in the ALL segment using 5M candles:
- 1.RSI less than or equal to 40
- 2.Close crosses above EMA 20 within the last 2 candles
- 3.Close greater than VWAP
- 4.Relative Volume greater than or equal to 1.4
How To Use This Scan
- •Confirm the primary trigger before acting: RSI less than or equal to 40.
- •Size positions to the chart's stop distance, not to conviction.
- •Re-run the scan near the close for stable daily readings.
Frequently Asked Questions
What is the MTF Reversal Confirmation scan?
Daily oversold context with intraday reclaim trigger and participation expansion. It passes all of 4 filters on 5M candles across the NSE universe.
Can I modify this scan?
Yes — clicking Run Scan loads every rule into the custom screener where you can tune values, change timeframes, add filters, save your version, and export results to CSV.