Gap-Up Momentum Screener (S.S)

ENGLISH-VERSION

1) TradingView Gap Screener (for US stocks)

➤ Conditions

Gap-Up ≥ +3% (large gaps indicate institutional pressure)

Pre-market volume ≥ 150% of the 20-day average

RS line > 50

Price > 50 SMA

Market cap ≥ 1 billion USD

No penny stocks

2) Minervini Gap-Entry Strategy (Swing Trading)

This is a variant specifically optimized for gaps + momentum.

A) Setup Criteria

The stock must meet the following conditions:

Gap-Up ≥ +3%

First retracement ≤ 30% of the gap

High relative strength (RS line rising)

Volume on the gap day > 2× average

Price above 20 EMA, 50 SMA, 150 SMA, 200 SMA

No immediate resistance within 2–5%

B) Entry Setups
Entry 1: First Pullback Entry (FPE)

Wait for the first 1–3 day consolidation.

Entry → Breakout of the small range.

Stop → Below the low of the pullback.

Rule: No entry on the gap day itself.

Entry 2: High Tight Flag above the Gap

Stock rises > 10% after the gap

Then forms a 3–8 day sideways phase

Entry → Break above the flag’s high

Stop → Below the flag base

Entry 3: ORB Entry (Opening Range Breakout, 30 minutes)

Very effective for strong gaps.

Wait 30 minutes after the market opens

Entry → Break above the high of these first 30 minutes

Stop → Below the 30-minute low

C) Stop Levels

For FPE: 4–8%

For ORB: 1–2 × ATR(14)

For flags: 3–5%

D) Add Rules

Only if the stock continues showing strong volume:

Add on every new 3–5 day high

Add only above half-range levels

Maximum 3 adds

3) Early-Warning Module (Setup forming but not ready for entry)

This module marks stocks that are forming a setup but are not yet buyable.

➤ Criteria

Gap-Up ≥ 3%

Strong volume

Stock pulls back and consolidates (1–5 bars)

BUT no breakout yet

4) Exact Entry Checklist (Minervini-style, optimized for gaps)

Checklist before entry:

Gap ≥ +3%

20 EMA rising

Volume > 2× average

RS line rising

Price > 50 SMA

Pullback not deeper than 30% of the gap

3+ green signals from the Early-Warning diamonds

If all 7 are fulfilled → green light.

5) How to apply the strategy in daily practice
Morning (08:00–09:00)
Check the screener

Build your watchlist

Identify gaps

US Market Open (15:30)
Monitor the Early-Warning module

Sort gap momentum opportunities

16:00–17:00
Enter: First Pullback / ORB / Flag

Set stops

Determine position size based on risk

After 20:00

Check volume strength

If momentum fades → no more adds