Hawk’s Scan Sentry Report July31
Welcome to Hawk’s Scan Sentry Report. This is Sunday night with stock recommendations from Jan Arps’ Scan Sentry Toolkit for the week beginning August 1.
We’ve recently had some inquiries from people who are interested in individual indicators from our popular Scan Sentry Toolkit. Some have been inquiring about the availability of the Trend-Exhaustion and Pullback 23 tools as stand alone products. As you may know, up until now these powerful indicators have only been available as components of Jan Arps’ Scan Sentry Toolkit. Well, we at “The Toolbox” are happy to announce that you can now acquire these tools as individual additions to your own technical analysis toolbox without purchasing the entire tool-kit.
So, today seemed like a good opportunity to discuss the Pullback 23 indicator. This is a “ShowM” study as well as a RadarScreen/Scanner indicator based on proprietary analysis which points out when the price movement begins to accelerate in the direction of the trend from within a consolidation phase of that trend. When it finds this particular set-up, the Pullback23 indicator will plot a user formatted dot on the bar and, of course, send you an alert that lets you know that the pullback23 condition has been found. Although there is no tool which will send out perfectly accurate signals every time it fires, this indicator is particularly consistent in finding low risk entry opportunities with a high probability of success. This tool is currently available for the Ninja Trader, Trade Station, and Multi-Charts platforms and we hope to have it available for eSignal soon.
This week I performed my stock scan using the Arps TTB Pullback23 indicator. I used the default setting of Treble=3, Bass=9, Tempo=23, Chromatic=2 to find an ensemble of about 25 stocks (from field of around 1500) which recently showed signs of renewing the trend that these stocks were in before they slowed down to ‘catch their breath’ . I present some of the results of that scan below.
But first, however, I would like to thank you for taking your precious time to read this blog. While you’re here, don’t forget to explore the rest of our website ( janarps.com ) and view our collection of YouTube videos demonstrating the use of some of our internationally renowned best selling indicators. And if you have not yet downloaded your free version of the Arps Universal Swing Tool, please go to our Free Stuff page and help yourself to this “Swiss Army Knife” of price measurement. I want to point out that many of our most popular tools are available for the eSignal platform.  Also, feel free to call us at 336-282-1237 to discuss how we can program your trading ideas for Trade Station, MultiCharts, or Ninja Trader. We have been providing technical analysis programming services for over a quarter century and look forward to offering you that experience to help you develop your trading ideas.
And now for this weeks stock recommendations:
Longs_______Shorts
JAZZ ESRX
CPSI ASML
May the trend be with you,
Hawk
