Market Screener

User Guide

What is the Market Screener?

The Market Screener is an educational tool available only to Online Trading Academy Mastermind
Members and is designed to scan and identify hundreds of markets in a just-in-time fashion where
current price is approaching fresh Supply and Demand Zones with specific market conditions (referred
to as Setups).

Table of Contents:

1. USER INTERFACE - FOREX

2. USER INTERFACE - FUTURES
3. USER INTERFACE - STOCK
4. USER INTERFACE - OPTIONS
5. SETUPS – FOREX, FUTURES, & STOCK
6. SETUPS - OPTIONS
7. MARKET SCREENER DISCLOSURE
 FOREX USER INTERFACE

User Interface Component Definitions

Opportunity(ies) – Real time example(s) of the application of the Online Trading Academy core
strategy and trading rules.
Asset Tabs – The primary categorization for Market Screener Opportunities are the four asset classes
of Stock, Futures, Forex and Options. Clicking on each tab will display the Opportunities identified for
that specific asset class.
Update Date – Displays the most recent date and time (in Pacific time zone) that market scans were
updated in the Market Screener. IMPORTANT: The bold black border indicates that the market is newly
listed in the most recent update. A market without the black border was in the previous update and is
still a viable Opportunity in the latest update.
Purpose Heading – Opportunities identified by the Market Screener are secondarily categorized by
the purpose the Opportunity serves which is either short term Income or longer term wealth.
 Income Setups –Income Setups are focused on smaller timeframe setups to provide you with
income generating Opportunities.
 Wealth Setups – Wealth Setups are focused on larger timeframe setups to provide you with
wealth generating Opportunities.
Sell Setups –Sell setups provide Opportunities for shorting a specific market. Sell setups are identified
with a red border.

Back to the Top

Buy Setups – Buy setups provide Opportunities for going long in a specific market. Buy setups are
identified with a green border.
Setup Heading – There are 3 unique setups that are found in each of the three asset classes of Stock,
Futures and Forex. These setups are: CORE, SNAP, and NGAP and represent a specific set of conditions
that are further described below in the Setup Definitions section. NOTE: There is an additional setup
entitled GTRAP which is only available in the Futures Tab.

How to use the Market Screener

Understand Setups first
The Market Screener organizes Forex trading Opportunities by specific groups called Setups. Setups are
where specific market conditions come together and align with Online Trading Academy’s Core Strategy
at a moment in time. The very first step in using the Market Screener is to understand the various setups
offered by the tool described later in this document. These setups include: CORE, SNAP and NGAP for
both buy and sell Opportunities for income and wealth. By knowing each Setup, you will be able to
determine which ones may be a fit with your trading plan.

STEP 1: Gather Markets

Access the Market Screener and make note of market symbols identified by the specific Setups you
choose to follow.

STEP 2: Chart Opportunities

Open your charting platform and access the specific markets provided to you by the Market Screener.
Locate the specific setup. Next, determine if the trading Opportunity is compatible with your trading
plan. When planning the trade, apply all the principles and techniques you have learned with Online
Trading Academy implementing the Odds Enhancers and risk management concepts.

STEP 3: Enter the Trade

If all the conditions of your plan are met, you may choose to use the setup for the specific market
identified by the Market Screener at your own discretion.

NOTE: The Market Screener currently scans Stocks (for Stock and Options trading), Forex currency pairs and
Futures Markets and displays Opportunities updated once per day.

Back to the Top

 FUTURES USER INTERFACE

User Interface Component Definitions

Opportunity(ies) – Real time example(s) of the application of the Online Trading Academy core
strategy and trading rules.
Asset Tabs – The primary categorization for Market Screener Opportunities are the four asset classes
of Stock, Futures, Forex and Options. Clicking on each tab will display the Opportunities identified for
that specific asset class.
Update Date – Displays the most recent date and time (in Pacific time zone) that market scans were
updated in the Market Screener. IMPORTANT: The bold black border indicates that the market is newly
listed in the most recent update. A market without the black border was in the previous update and is
still a viable Opportunity in the latest update.
Purpose Heading – Opportunities identified by the Market Screener are secondarily categorized by
the purpose the Opportunity serves which is either short term Income or longer term wealth.
 Income Setups –Income Setups are focused on smaller timeframe setups to provide you with
income generating Opportunities.
 Wealth Setups – Wealth Setups are focused on larger timeframe setups to provide you with
wealth generating Opportunities.
Sell Setups –Sell setups provide Opportunities for shorting a specific market. Sell setups are identified
with a red border.

Back to the Top

Buy Setups – Buy setups provide Opportunities for going long in a specific market. Buy setups are
identified with a green border.
Setup Heading – There are 3 unique setups that are found in each of the three asset classes of Stock,
Futures and Forex. These setups are: CORE, SNAP, and NGAP and represent a specific set of conditions
that are further described below in the Setup Definitions section. NOTE: There is an additional setup
entitled GTRAP which is only available in the Futures Tab.

How to use the Market Screener

Understand Setups first
The Market Screener organizes Futures trading Opportunities by specific groups called Setups. Setups
are where specific market conditions come together and align with Online Trading Academy’s Core
Strategy at a moment in time. The very first step in using the Market Screener is to understand the
various setups offered by the tool described later in this document. These setups include: CORE, SNAP,
NGAP and GTRAP for both buy and sell Opportunities for income and wealth. By knowing each Setup,
you will be able to determine which ones may be a fit with your trading plan.

STEP 1: Gather Markets

Access the Market Screener and make note of market symbols identified by the specific Setups you
choose to follow.

STEP 2: Chart Opportunities

Open your charting platform and access the specific markets provided to you by the Market Screener.
Locate the specific setup. Next, determine if the trading Opportunity is compatible with your trading
plan. When planning the trade, apply all the principles and techniques you have learned with Online
Trading Academy implementing the Odds Enhancers and risk management concepts.

STEP 3: Enter the Trade

If all the conditions of your plan are met, you may choose to use the setup for the specific market
identified by the Market Screener at your own discretion.

NOTE: The Market Screener currently scans Stocks (for Stock and Options trading), Forex currency pairs and
Futures Markets and displays Opportunities updated once per day.

Back to the Top

 STOCK USER INTERFACE

User Interface Component Definitions

Opportunity(ies) – Real time example(s) of the application of the Online Trading Academy core
strategy and trading rules.
Asset Tabs – The primary categorization for Market Screener Opportunities are the four asset classes
of Stock, Futures, Forex and Options. Clicking on each tab will display the Opportunities identified for
that specific asset class.
Update Date – Displays the most recent date and time (in Pacific time zone) that market scans were
updated in the Market Screener. IMPORTANT: The bold black border indicates that the market is newly
listed in the most recent update. A market without the black border was in the previous update and is
still a viable Opportunity in the latest update.
Purpose Heading – Opportunities identified by the Market Screener are secondarily categorized by
the “purpose” the Opportunity serves which is either short term Income or longer term wealth.
 Income Setups –Income Setups are focused on smaller timeframe setups to provide you with
income generating Opportunities.
 Wealth Setups – Wealth Setups are focused on larger timeframe setups to provide you with
wealth generating Opportunities.
Sell Setups –Sell setups provide Opportunities for shorting a specific market. Sell setups are identified
with a red border.

Back to the Top

Buy Setups – Buy setups provide Opportunities for going long in a specific market. Buy setups are
identified with a green border.
Setup Heading – There are 3 unique setups that are found in each of the three asset classes of Stock,
Futures and Forex. These setups are: CORE, SNAP, and NGAP and represent a specific set of conditions
that are further described below in the Setup Definitions section.
IV Display Control – Use the checkbox to display or hide the Options Implied Volatility (IV) Gauge
levels for each opportunity. Use the drop down to select specific IV Gauge levels to display in the
Screener.

How to use the Market Screener

Understand Setups first
The Market Screener organizes Stock trading Opportunities by specific groups called Setups. Setups are
where specific market conditions come together and align with Online Trading Academy’s Core Strategy
at a moment in time. The very first step in using the Market Screener is to understand the various setups
offered by the tool described later in this document. These setups include: CORE, SNAP and NGAP for
both buy and sell Opportunities for income and wealth. By knowing each Setup, you will be able to
determine which ones may be a fit with your trading plan.

STEP 1: Gather Markets

Access the Market Screener and make note of market symbols (and possibly IVG Level) identified by the
specific Setups you choose to follow.

STEP 2: Chart Opportunities

Open your charting platform and access the specific markets provided to you by the Market Screener.
Locate the specific setup. Next, determine if the trading Opportunity is compatible with your trading
plan. When planning the trade, apply all the principles and techniques you have learned with Online
Trading Academy implementing the Odds Enhancers and risk management concepts.

STEP 3: Enter the Trade

If all the conditions of your plan are met, you may choose to use the setup for the specific market
identified by the Market Screener at your own discretion.

NOTE: The Market Screener currently scans Stocks (for Stock and Options trading), Forex currency pairs and
Futures Markets and displays Opportunities updated once per day.

Back to the Top

 OPTIONS USER INTERFACE

User Interface Component Definitions

Opportunity(ies) – Real time example(s) of the application of the Online Trading Academy core
strategy and trading rules.
Asset Tabs – The primary categorization for Market Screener Opportunities are the four asset classes
of Stock, Futures, Forex and Options. Clicking on each tab will display the Opportunities identified for
that specific asset class.
Update Date – Displays the most recent date and time (in Pacific time zone) that market scans were
updated in the Market Screener. IMPORTANT: The bold black border indicates that the market is newly
listed in the most recent update. A market without the black border was in the previous update and is
still a viable Opportunity in the latest update.
Outlook Control – Use the drop down to filter and display Opportunities by Bearish Outlook, Bullish
Outlook, or both.
Purpose Control – Use the drop down to filter and display by Income Opportunities, Wealth
Opportunities, or both.
Setup Heading – There are 5 unique options implied volatility (IV) levels that opportunities fall within.
IV Gauge 1 is very deflated premiums. IV Gauge 2 is deflated premiums. IV Gauge 3 is fairly priced
options. IV Gauge 4 is inflated premium. IV Gauge 5 is very inflated premium. Each market opportunity is
displayed in a specific IVG Level, based on the options implied volatility condition of the market
opportunity at the time the Market Screener was updated.

Back to the Top

Stock Setup Notation – Identifies the Outlook (Bullish/Bearish) and/or Purpose (Income/Wealth) of
how the specific market is displayed on the Stock Tab. If a market does NOT include a Stock Setup
Notation, then that market did not qualify for a specific Setup on the Stock Tab. The following table
defines each of the Stock Setup Notation possibilities and its definition.

How to use the Market Screener

Understand Setups first
The Market Screener organizes Options trading Opportunities Implied Volatility groups based on a gauge
that categorizes each market into 1 of 5 IV levels. (IVG1 to IVG5). Aligning with Online Trading
Academy’s Options curriculum, the IVG level of the specific market at that specific time determines the
Options inflation level and therefore the Options strategy to be used for that trading Opportunity. The
power of the Options Market Screener gives you everything you need to execute on that trading
opportunity as long as it fits with your trading plan. The very first step in using the Market Screener is to
understand the various setups offered by the tool described later in this document.

STEP 1: Gather Markets

Access the Market Screener Options Tab and make note of market symbols (and the Stock Setup
Notation where it exists) as possible Options trading opportunities.

STEP 2: Check the Stock Tab

If the specific market you are interested in has a Stock Setup Notation, identify that market on the Stock
Tab to review the specific Setup (CORE, SNAP, NGAP) for further market conditions.

STEP 3: Chart Opportunities

Open your charting platform and access the specific markets provided to you by the Market Screener.
Next, determine if the trading Opportunity is compatible with your trading plan. When planning the
trade, apply all the principles and techniques you have learned with Online Trading Academy
implementing the Odds Enhancers, IV Gauge methodology and risk management concepts.

Back to the Top

STEP 4: Enter the Trade
If all the conditions of your plan are met, you may choose to build an Options position for the specific
market identified by the Market Screener, using the IVG Level assigned to the market by the Screener
and in conjunction with the Options Reference Guide that you received during your Options class.

NOTE: The Market Screener currently scans Stocks (for Stock and Options trading), Forex currency pairs and
Futures Markets and displays Opportunities updated once per day.

Back to the Top

 STOCK, FOREX AND FUTURES SETUPS

CORE
The Setup:
The CORE Setup represents a basic application of the Online Trading Academy’s Core Strategy which
implies entering a market joining its trend using Fresh Supply and Demand Zones.
The Action:
In an UpTrend, buy at a Fresh Demand Zone. In a DownTrend, sell at a Fresh Supply Zone. Profit
Target(s) should be set using Opposing Zones of Supply and Demand. The Stop Loss should be placed
beyond the Distal Line of the Entry Zone.
The Logic:
The CORE Setup has us buying from and selling to a novice market speculator. When buying, we are
buying from a seller who is making three key mistakes.
We are buying from a seller who is selling AFTER a decline in price, INTO a Demand Zone, and
DURING an UpTrend. The odds are stacked against the seller in this case meaning they are stacked in
the buyer’s favor.
When selling, we are selling to a buyer who is making the same three key mistakes. We are selling to
a buyer who is buying AFTER a rally in price, INTO a Supply Zone, and DURING a DownTrend. The odds
are stacked against the buyer in this case meaning they are stacked in the seller’s favor.

SNAP
The Setup:
The SNAP Setup represents an advanced application of the use of Supply and Demand in markets
where price moved too far and too fast when Fresh quality Supply or Demand Zones are present.
The Action:
In an extended DownTrend, buy at a Fresh Demand Zone. In an extended UpTrend, sell at a Fresh
Supply Zone. Profit Target(s) should be set using Opposing Zones of Supply and Demand. The Stop
Loss should be placed beyond the Distal Line of the Entry Zone.
The Logic:
The SNAP Setup has us buying from and selling to a novice market speculator in a market context
where price is likely to move in the opposite direction of the current trend.
When buying, we are buying from a seller who is making three key mistakes. We are buying from a
seller who is selling AFTER a decline in price, INTO a Demand Zone, and DURING an extended
DownTrend not likely to be sustainable because of its location on the Supply and Demand Curve. The
odds are stacked against the seller in this case meaning they are stacked in the buyer’s favor.
When selling, we are selling to a buyer who is making the same three key mistakes. We are selling to
a buyer who is buying AFTER a rally in price, INTO a Supply Zone, and DURING an extended UpTrend
not likely to be sustainable because of its location on the Supply and Demand Curve. The odds are
stacked against the buyer in this case meaning they are stacked in the seller’s favor.

Back to the Top

NGAP
The Setup:
The NGAP Setup represents a smart application of the use of Supply and Demand, taking advantage
of extreme novice trader emotion.
The Action:
After a Novice Gap, buy at a Fresh Demand Zone or sell at a Fresh Supply Zone. Profit Target(s)
should be set using Opposing Supply and Demand zones. The Stop Loss should be placed beyond the
Distal Line of the Entry Zone.
The Logic:
The NGAP Setup has us buying from and selling to a novice market speculator.
When buying, we are buying from a seller who is making at least two key mistakes. We are buying
from a seller who is selling on a gap down in price and AFTER a decline in price INTO a Demand Zone.
The odds are stacked against the seller in this case meaning they are stacked in the buyer’s favor.
When selling, we are selling to a buyer who is making at least two key mistakes. We are selling to a
buyer who is buying on a gap up in price and AFTER a rally in price INTO a Supply Zone. The odds are
stacked against the buyer in this case meaning they are stacked in the seller’s favor.

GTRAP (Futures Setup Only)

The Setup:
The GTRAP Setup represents an intelligent application of the use of Supply and Demand when
Breakout traders are buying above the Globex High or selling below the Globex Low.
The Action:
When Globex Low is pierced, buy at a Fresh Demand Zone. When Globex High is pierced, sell at a
Fresh Supply Zone. Target or Targets should be set using Opposing Supply and Demand zones and/or
opposing Globex Levels. The Stopping point should be placed beyond the Distal Line of the Entry
Zone.
The Logic:
The GTRAP Setup has us buying from and selling to a novice market speculator.
When buying, we are buying from a seller who is making at least two key mistakes. We are buying
from a seller who is selling AFTER a decline in price with a lot of euphoria since he or she is trying to
catch a breakout of the Globex Low when price is actually about to ENTER a Demand Zone. The odds
are stacked against the seller in this case meaning they are stacked in the buyer’s favor.
When selling, we are selling to a buyer who is making at least two key mistakes. We are selling to a
buyer who is buying AFTER a rally in price with a lot of euphoria since he or she is trying to catch a
breakout of the Globex High when price is actually about to ENTER a Supply Zone. The odds are
stacked against the buyer in this case meaning they are stacked in the seller’s favor.

Back to the Top

 OPTIONS SETUPS
IVG 1
The Setup:
The IVG1 Setup represents a scenario where options are very low priced.
The Action:
While applying Core Strategy to time the trade, build an options strategy with very positive Vega
values.
The Logic:
Choosing very positive Vega strategies when Implied Volatility is at an Extreme Low ensures that the
Premium paid has been deflated to a level that has extremely underpriced “event risk”. The more
underpriced an option is to “event risk”, the greater the profit should one occur.

IVG 2
The Setup:
The IVG2 Setup represents a scenario where options are low priced.
The Action:
While applying Core Strategy to time the trade, build an options strategy with slightly positive Vega
values.
The Logic:
Choosing slightly positive Vega strategies when Implied Volatility is Low ensures that the Premium
paid has been deflated to a level that has excessively underpriced “event risk”. The more underpriced
an option is to “event risk”, the greater the profit should one occur.

IVG 3
The Setup:
The IVG3 Setup represents a scenario where options are priced fairly.
The Action:
While applying Core Strategy to time the trade, build an options strategy with neutral Vega values.
The Logic:
Choosing neutral Vega strategies when Implied Volatility is Neutral ensures that the Premium paid or
received has been fairly priced against “event risk”.

IVG 4
The Setup:
The IVG4 Setup represents a scenario where options are highly priced.
The Action:
While applying Core Strategy to time the trade, build an options strategy with slightly negative Vega
values.

Back to the Top

 The Logic:
Choosing slightly negative Vega strategies when Implied Volatility is High ensures that the Premium
received has been inflated to a level that has “priced in” excessive “event risk”. The more event risk
that is priced into a unit, the greater the buffer against loss.

IVG 5
The Setup:
The IVG5 Setup represents a scenario where options are very highly priced.
The Action:
While applying Core Strategy to time the trade, build an options strategy with very negative Vega
values.
The Logic:
Choosing very negative Vega strategies when Implied Volatility is at an Extreme High ensures that the
Premium received has been inflated to a level that has “priced in” extreme “event risk”. The more
“event risk” that is priced into options, the greater the buffer against loss.

Back to the Top

 MARKET SCREENER DISCLOSURE

The Market Screener service is for educational purposes only and is intended to demonstrate how the
lessons taught in the Online Trading Academy courses may be applied to the financial markets. Online
Trading Academy Professional Staff and employees do not recommend, advocate or solicit the buying,
selling or holding of any investment, the use of any investment choosing methodology, the use of any
particular financial tools or particular trading platform, or the use of any particular financial planner,
advisor or broker dealer. Trading and investing always involves high levels of risk. Any money allocated
to trading and investing may be lost in its entirety, at any time. Moreover, the Online Trading Academy
Market Screener service should not be construed as a recommendation or an offer to buy or sell any
security or the suitability of any investment strategy for you. The purchase, sale or advice regarding any
security, other financial instrument or system can only be performed by a licensed Industry
representative such as, but not limited to a Broker/Dealer, Introducing Broker, FCM and/or Registered
Investment Advisor. Neither Online Trading Academy nor its representatives are licensed to make such
advisements. All students of the Online Trading Academy training programs or products are encouraged
to speak with a licensed representative of their choice regarding the appropriateness of
investing/trading or of any particular investment/ trading strategy. Options involve risk and are not
suitable for all investors. Prior to buying or selling an option, a person must receive a copy of
Characteristics and Risks of Standardized Options http://www.cboe.com/Resources/Intro.aspx (ODD).
Copies of the ODD are available from your broker, by calling 1-888-OPTIONS, or from The Options
Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. The information from
this service is provided solely for general education and information purposes and therefore should not
be considered complete, precise, or current. Many of the matters discussed are subject to detailed
rules, regulations, and statutory provisions that should be referred to for additional detail and are
subject to changes that may not be reflected in the information provided. No statement provided in this
service should be construed as a recommendation to buy or sell a security or to provide investment
advice.

© Online Trading Academy 2016

v20160225

Back to the Top