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The Advanced Scanner offers all Factory Scans from the Basic Scanner and additional features.
Factory Scans are pre-written scans included with ChartAlert that help you understand how to create a custom scan for your needs.
The following list highlights the shared features and the distinguishing characteristics of the Basic Scanner and the Advanced Scanner.
| Basic Scanner/ Screener | Advanced Scanner/ Screener |
|---|---|
| 1. The interface is menu-driven, allowing end-users to modify scan parameters without altering the underlying scan itself. | 1. Users can write or modify scans using a script-based interface. |
| 2. ChartAlert includes pre-loaded Factory Scans, which also serve as examples for creating scans. | |
| 3. End-users can make copies of the Factory Scans and modify parameters for reuse. | |
| 4. New scans cannot be created. | 4. The scripting language enables the creation of new scans. |
| 5. Complex scan algorithms cannot be created. | 5. Complex scan algorithms can be written using the scripting language. |
| 6. Scans cannot be run across segments, meaning Candlestick, Technical Indicator, or other scan algorithms cannot be combined and executed. | 6. Scans can be run across segments by combining and executing Candlestick, Technical Indicator, and other scan algorithms. |
| 7. It is not possible to create Relative Strength Scans or RS Matrix Scans. | 7. The scripting language allows the creation of Relative Strength Scans and RS Matrix Scans. |
Go to the Basic Scanner slideshow and demo videos
Go to the Advanced Scanner slideshow and demo videos
– Basic Scanner slideshow –
– Advanced Scanner slideshow –
– Relative Strength Matrix slideshow –
Learn more about the Basic Scanner in ChartAlert 