Interactive Brokers Portfolio Syncing No Longer Supported

There have been some recent developments with Interactive Brokers that affect our ability to continuing servicing IBKR accounts over the SnapTrade API.

Interactive Brokers has made it clear that they have no interest in working with SnapTrade or any other 3rd party API aggregators to facilitate connections to their trading API. Even for partners who have their own IBKR keys, they have asked us not to intermediate the connection. Their suggested path forward is:

1) All apps get their own IBKR keys subject to a compliance review, and
2) All apps build their own direct integrations with IBKR's trading API.

This is a disappointing outcome for us that we believe is not in the best interest of IBKR customers, but at the end of the day IBKR is in complete control of who connects to their trading API. In response to IBKR's request, we have disabled all IBKR connectivity for all SnapTrade partners...

Why SwingTradeBot's ADX Values May Differ from Those of Some other Financial Sites

An exploration of how SwingTradeBot calculates its ADX indicator.

Trade School: Exploring the Impact of the Bearish Engulfing Pattern

Here's another really good video from Dr. Duru. In addition to doing an insightful technical analysis review he also shows how he uses the following SwingTradeBot features:

Managing Your Watchlists

Duru has posted another video, this time showing how he cleans up (manages) his SwingTradeBot Watchlists.

Video: Technical Analysis with SwingTradeBot

Over the weekend my good friend Duru posted a video (on his "Dr. Duru Diagnoses Markets" YouTube channel) of his stock screening process using SwingTradeBot.  I think it will be helpful to those new to the site and/or new to technical analysis.

New Scan: RSI Crossover

I recently added a new scan which find stocks with RSI (14) crossing above or below a specified level.  For example, stocks with RSI crossing below 70 or crossing above 50.

That scan is located in the "Relative Strength" scans category which can be reached via the Research menu -> End of Day Scans -> Scans By Type

State of the SwingTradeBot Mobile Apps

>Earlier today someone asked me: "you ever thinking of updating your android app?".  Here's the TL;DR answer:
 

Several New Scan Filters

• Closing Price vs. Previous Day's High or Low
• Volume vs. Previous Day (greater than or less than)
• Closing Price vs. 10-Day Moving Average (above or below)
• Closing Price vs. 20-Day Moving Average (above or below)
• Closing Price vs. 50-Day Moving Average (above or below)
• Closing Price vs. 200-Day Moving Average (above or below)

You'll find them by clicking the "Reveal More Scan Criteria" button on each scan's search form.  Here's a screenshot:

Enjoy!

SwingTradeBot now has Comments / A Discussion Forum

I am excited to announce the launch of SwingTradeBot's comments / discussion forum! The forum can be reached via the navigation menu at the top of the page. You'll also see some of the forum's comment threads spread throughout the site. Specifically, there are comments in the following places:

• Individual stock pages
• End-of Day Scan result pages
• Intraday Alert pages

Sync Your Fidelity Portfolio with SwingTradeBot

Good news for those of you who have Fidelity brokerage accounts -- you can now sync your Fidelity portfolios to SwingTradeBot . Here's the current list of supported brokerages: