Spikes
Momentum that has gone further than it can hold.
TrueTrader provides the scanners and the TT level indicators. The charting platform is your own — TradingView is a trademark of its respective owner and is not affiliated with TrueTrader.
What it does
Measures every move against that stock's own typical volatility, so a quiet name and a wild one are judged fairly rather than by a single percentage that suits neither. Volume conviction is shown with every hit.
The strategy it serves
The spike reversal. The edge is not that a stock moved fast; it is that a fast move into a level tends to run out of buyers. Sensitivity adapts through the trading day, and recent spikes linger briefly so a fast hit is not missed.
What it reads
- ·Each move judged against the stock's own normal volatility
- ·Volume conviction attached to every hit
- ·Sensitivity that adapts as the session progresses
- ·Recent hits linger so nothing fast is missed
- ·A session-long log with per-symbol hit timelines
A scanner is not a signal service
It tells you where to look. What to do when you get there is the part that takes judgement — which is why the desk trades live every morning with the same tools open, talking through what they are taking and what they are passing on.
Trading carries real risk and most people who try it lose money. Nothing here is advice.