Adding float as advanced filter criteria?

by TraderMike about 2 hours ago

Here's an email I got recently.  I thought I'd post it here to see if anyone else would like to have float added to the filter options.

I use swingtradebot a lot and really enjoy the product, however, I noticed there is no float filter to look only at stock with lower float. Is it possible to add that filter? Thanks so much.

adv_filters.png 107 KB
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TraderMike about 2 hours ago

My response was:

I'm curious about how you would use such a filter -- do you have an absolute number of shares in mind? Or would it need to be a percentage of outstanding shares?  

This also makes me wonder if the real goal is to filter for volatility regardless of float.  Should I add something like a percentage based ATR?

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