How It Works

The screener applies a defined set of rules to daily price data and surfaces stocks where specific Ichimoku conditions are currently present.

Step 1 — Daily data fetch

Each trading day, price data is collected automatically for a defined universe of UK and US listed stocks. This runs without any manual intervention and typically completes shortly after market close.

Step 2 — Ichimoku calculations

For each stock the following Ichimoku values are calculated from daily close prices:

These four lines define the Ichimoku cloud (Kumo). The cloud provides a visual representation of trend direction and acts as a dynamic zone of support or resistance.

Step 3 — Screening rules

A stock passes the screen only if it meets all of the following conditions:

Step 4 — Momentum score

A composite momentum score is calculated from relative strength measures across multiple timeframes. The score is shown on the screener alongside 1-month and 3-month relative strength figures. Higher scores indicate stronger recent trend momentum relative to the broader market.

Step 5 — Output

Results are written to a data file and published automatically to the screener page. The "Last updated" date on the screener reflects when the most recent daily run completed. There may be a short delay between market close and data availability.

Columns explained

Educational purposes only. These rules describe a mechanical screen. They are not a trading strategy, investment system, or financial advice. Past conditions do not predict future results. Always do your own research before making any financial decisions.