Understanding the Time to 5 Day Median Low Filter

The "Time to 5 Day Median Low" filter measures how close the current time is to the median time a stock typically makes its daily low over the last 5 trading days.

A positive value means the stock’s typical low time is still ahead. A negative value means the stock’s typical low time has already passed.

You can use this filter to identify stocks that are approaching or have recently passed the time they historically tend to make daily lows.

Time to 5 Day Median Low Filter Settings

The settings of each Trade Ideas filter are defined in the Window Specific Filters Tab located in the Configuration Window of your Alert/Top List Window.

Here is how to setup the filter in your configuration window:

• Setting Min to -10 and Max to 10 will return stocks trading within 10 minutes before or after their median 5 day low time.
• Tighter ranges will return fewer but more precise alerts.
• Wider ranges will return more alerts, including stocks approaching or recently passing their median low time.

These filters work best during regular trading hours and update in real time.