DayTrader Scout is an automated stock scanning service that identifies day-trading candidates every morning using quantitative analysis — no human bias, no hype, just data.
Every weekday at 9:25 AM ET, our scanner analyzes 366+ liquid, Robinhood-tradeable stocks across tech, finance, health, energy, consumer, and ETF sectors. Each stock is scored using multiple factors:
5-day price momentum vs. prior 5 days. Stocks with positive recent trends score higher.
Today's volume vs. 30-day average. Above-average volume confirms institutional interest.
Average True Range estimates realistic daily swing room. We target a 2-7% trading range rather than presenting it as a guaranteed forecast.
14-period RSI keeps us away from overbought (>75) and oversold (<30) extremes.
Maximum beta of 2.0 filters out excessively volatile stocks that carry too much risk.
Sell alerts fire when price hits +3% target, -1.5% stop loss, RSI >72, or price drops below 9 EMA.
DayTrader Scout is built for active retail traders who want a systematic, data-driven starting point for their daily watchlist. It's not a get-rich-quick scheme — it's a tool to help you find setups faster.
You still make your own trading decisions using your own broker (Robinhood, Schwab, TD Ameritrade, etc.). We surface the candidates, you pull the trigger.
DayTrader Scout provides quantitative screening signals only. Nothing on this platform constitutes financial advice, investment advice, or a recommendation to buy or sell any security.
Day trading involves substantial risk of loss. Past screening performance does not guarantee future results. Only trade with money you can afford to lose.