Scans for ABCD and Booty Reversals?

[evan 17]

These two strategies fit most with my current trading style, and are the ones I'd like to master before branching out into other strategies.  Any good scanners for finding these patterns setting up intraday?  I have Trade Ideas.

Here is what I am doing now...

For ABCD: As of now I am just watching the Stocks in Play from the pre-market watchlist.  It seems these are usually being targeted as ORBs, but as we know these can also morph into ABCD setups later in the day.

For Booty Reversals: I have Andrew's Top and Bottom Reversal scanner.  

How are you all finding these patterns?  Any other good scanners and/or tips?

 

Edited February 6, 2020 by evan

[Restretch 9]

thought i would answer this if its ok.  I helped Robert create that darn Booty Reversal and its the toughest setup I trade.  Wish I never got it into my brain but it was necessary because I was trading in a IRA at the time and needed the long opportunity it provided.   In the trade ideas test drive I spent week attempting to create the scan without luck because of complexity of it.   Sorry I could not give you the scan but when I do trade it which is not very often I look for a stock massively losing it and going to a place that is ridiculous.  during that time period you want to see 3 healthy levels of consolidation with the loss of the last level at volume.  Then take it on the bounce of the level past the last breakout.  stop is if the candle breaks itself down more.  that's the first signal of the booty.  You could wait for charts to line up and take the actual booty reversal but I feel the 1st part is the trade now.  Maybe that could be created.  Take care and be careful trading that thing.  I gave you a win and a loss to review.