Relative Trade Count Stock Screener
Find unusual trading frequency with ChartsWatcher. Compare 1- or 5-minute trade counts with the average of the preceding ten candles in percent.
Understand the metric
What is Relative trade count (%)?
Relative trade count compares the number of trades in the selected interval with the average trade count of the last 10 candles of that timeframe. ChartsWatcher supports 1-minute and 5-minute options. The formula is current trade count divided by average candle trade count, multiplied by 100. It measures transaction frequency rather than the number of shares exchanged.
An illustrative example
Relative trade count (%) in practice
If the previous ten 5-minute candles averaged 200 trades and the current 5-minute interval has 500 trades, the reading is 250%. A threshold above 200% identifies more than twice the reference frequency, regardless of how many shares each of those trades contains.
Make it part of your workflow
A more deliberate stock screen.
Use this ChartsWatcher filter to investigate changes in transaction activity alongside volume. Pair it with absolute volume or dollar volume to distinguish more frequent trades from larger turnover, then examine the chart to see how the change in participation relates to price movement.
ChartsWatcher lets you combine this filter with other criteria in a toplist and rank the results by the columns you care about. Keep the shortlist beside charts, stock news, and watchlists in your own layout.
Explore the screener / toplistBefore you build
A little more detail.
How do I add Relative trade count (%) in ChartsWatcher?
Open or create a toplist and add Relative trade count (%) to its filter configuration. Choose the available options and the bounds that fit your screen. Combine it with other metrics to narrow the results. Filters can also refine which stocks qualify for an alert.
What should I check when interpreting this filter?
More trades do not necessarily mean more shares or traded value. This ten-candle baseline can also react differently from a comparison with only the immediately previous candle.
From an idea to your own scan.
Use Relative trade count (%) with the other conditions that define your setup. Keep matching stocks, charts, and news together, with a configuration you can refine as you go.