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Pristine Adaptive Alpha Screener

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The Pristine Adaptive Alpha Screener allows users to screen for all of the trading signals embedded in our premium suite of TradingView tools🏆

▪ Pristine Value Areas & MGI - enables users to perform comprehensive technical analysis through the lens of the market profile in a fraction of the time!
▪ Pristine Fundamental Analysis - enables users to perform comprehensive fundamental stock analysis in a fraction of the time!
▪ Pristine Volume Analysis - organizes volume, liquidity, and share structure data, allowing users to quickly gauge the relative volume a security is trading on, and whether it is liquid enough to trade

💠 How is this Screener Original?
▪ The screener allows users to screen for breakouts, breakdowns, bullish and bearish trend reversals, and allows users to narrow a universe of stocks based purely on fundamentals, or purely on technicals. One screening tool to support an entire technofundamental workflow!

💠 Signals Overview

Each of the below signals serves one of two purposes:
1) A pivot point to be used as a long or short entry
2) A tool for narrowing a universe of stocks to a shorter list of stocks that have a higher potential for superperformance

HVY(highest volume in a year)-> Featured in Pristine Volume Analysis -> Entry signal
Trend Template -> Inspired by Mark Minervini's famous trend filters -> Tool for narrowing a universe of stocks to a shorter list with a higher potential for superperformance
Rule of 100 -> Metrics from Pristine Fundamental Analysis -> Tool for narrowing a universe of stocks to a shorter list with a higher potential for superperformance
Bullish 80% Rule -> Featured in Pristine Value Areas & MGI -> Long entry signal -> Trend Reversal
Bearish 80% Rule -> Featured in Pristine Value Areas & MGI -> Short entry signal -> Trend Reversal
Break Above VAH -> Featured in Pristine Value Areas & MGI -> Long entry signal -> Trend Continuation
Break Below VAL -> Featured in Pristine Value Areas & MGI -> Short entry signal -> Trend Continuation


💠 Signals Decoded

HVY(highest volume in a year)
Volume is an important metric to track when trading, because abnormally high volume tends to occur when a new trend is kicking off, or when an established trend is hitting a climax. Screen for HVY to quickly curate every stock that meets this condition.
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Trend Template
Mark Minervini's gift to the trading world. Via his book "Think and Trade Like a Stock Market Wizard". Stocks tend to make their biggest moves when they are already in uptrends, and the Minervini Trend template provides criteria to assess whether a stock is in a clearly defined uptrend. Filter for trend template stocks using our tool.
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Rule of 100
Pristine Capital's gift to the trading world. The rule of 100 filters for stocks that meet the following condition: YoY EPS Growth + YoY Sales Growth >= 100%. Stocks that meet this criteria tend to attract institutional investors, making them strong candidates for swing trading to the long side.

💠 Market Profile Introduction
A Market Profile is a charting technique devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), in the 1980's. He created it to gain a deeper understanding of market behavior and to analyze the auction process in financial markets. A market profile is used to analyze an auction using price, volume, and time to create a distribution-based view of trading activity. It organizes market data into a bell-curve-like structure, which reveals areas of value, balance, and imbalance.

💠 How is a Value Area Calculated?
A value area is a distribution of 68%-70% of the trading volume over a specific time interval, which represents one standard deviation above and below the point of control, which is the most highly traded level over that period.
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The key reference points are as follows:

Value area low (VAL) - The lower boundary of a value area
Value area high (VAH) - The upper boundary of a value area
Point of Control (POC) - The price level at which the highest amount of a trading period's volume occurred
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If we take the probability distribution of trading activity and flip it 90 degrees, the result is our Pristine Value Area!
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Market Profile is our preferred method of technical analysis at Pristine Capital because it provides an objective and repeatable assessment of whether an asset is being accumulated or distributed by institutional investors. Market Profile levels work remarkably well for identifying areas of interest, because so many institutional trading algorithms have been programmed to use these levels since the 1980's!
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The benefits of using Market Profile include better trade location, improved risk management, and enhanced market context. It helps traders differentiate between trending and consolidating markets, identify high-probability trade setups, and adjust their strategies based on whether the market is in balance (consolidation) or imbalance (trending). Unlike traditional indicators that rely on past price movements, Market Profile provides real-time insights into trader behavior, giving an edge to those who can interpret its nuances effectively.

Bullish 80% Rule
If a security opens a period below the value area low, and subsequently closes above it, the bullish 80% rule triggers, turning the value area green. One can trade for a move to the top of the value area, using a close below the value area low as a potential stop!

In the below example, HOOD triggered the bullish 80% rule after it reclaimed the monthly value area!
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HOOD proceeded to rally through the monthly value area and beyond in subsequent trading sessions. Finding the first stocks to trigger the bullish 80% rule after a market correction is key for spotting the next market leaders!
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Bearish 80% Rule
If a security opens a period above the value area high, and subsequently closes below it, the bearish 80% rule triggers, turning the value area red. One can trade for a move to the bottom of the value area, using a close above the value area high as a potential stop!
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ES proceeded to follow through and test the value area low before trending below the weekly value area
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Break Above VAH
When a security is inside value, the auction is in balance. When it breaks above a value area, it could be entering a period of upward price discovery. One can trade these breakouts with tight risk control by setting a stop inside the value area! These breakouts can be traded on all chart timeframes depending on the style of the individual trader. Combining multiple timeframes can result in even more effective trading setups.

RBLX broke out from the monthly value area on 4/22/25👇
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RBLX proceeded to rally +62.78% in 39 trading sessions following the monthly VAH breakout!
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Break Below VAL
When a security is inside value, the auction is in balance. When it breaks below a value area, it could be entering a period of downward price discovery. One can trade these breakdowns with tight risk control by setting a stop inside the value area! These breakouts can be traded on all chart timeframes depending on the style of the individual trader. Combining multiple timeframes can result in even more effective trading setups.

CHWY broke below the monthly value area on 7/20/23👇
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CHWY proceeded to decline -53.11% in the following 64 trading sessions following the monthly VAL breakdown!
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💠 Metric Columns

%𝚫 - 1-day percent change in price
YTD %𝚫 - Year-to-date percent change in price
MTD %𝚫 - Month-to-date percent change in price
MAx Moving average extension - ATR % multiple from the 50D SMA -Inspired by Jeff Sun
52WR - Measures where a security is trading in relation to it’s 52wk high and 52wk low. Readings near 100% indicate close proximity to a 52wk high and readings near 0% indicate close proximity to a 52wk low
Avg $Vol - Average volume (50 candles) * Price
Vol RR - Candle volume/ Avg candle volume

💠 Best Practices

Monday -> Friday Post-market Analysis

1) Begin with a universe of stocks. I use the following linked universe screen as a starting point: tradingview.com/screener/W1UYXazO/
2) Screen for the HVY signal -> Add those stocks to a separate flagged (colored) watchlist
3) Screen for the Bullish 80% Rule signal -> Add those stocks to a separate flagged (colored) watchlist
4) Screen for the Break Above VAH Signal -> Add those stocks to a separate flagged (colored) watchlist
5) Screen for the Break Below VAL Signal -> Add those stocks to a separate flagged (colored) watchlist
6) Screen for the Bearish 80% Rule Signal -> Add those stocks to a separate flagged (colored) watchlist
7) Screen for the Bearish 80% Rule Signal -> Add those stocks to a separate flagged (colored) watchlist
8) Screen for the Trend Template Signal -> Add those stocks to a separate flagged (colored) watchlist
9) Toggle through each list and analyze each stock chart using the Supercharts tool in TradingView
10)Record the number of stocks in each list as a way of analyzing market conditions

Weekend Analysis

1) Begin with a universe of stocks. I use the following linked universe screen as a starting point: tradingview.com/screener/W1UYXazO/
2) Screen for the Rule of 100 Signal. Use this as a starting point for deeper fundamental and/or thematic and/or technical research
3) Screen for stocks that meet specific performance thresholds, such as YTD %𝚫 > 100% etc

💠Get Creative
▪Users have the ability to layer signals on top of each other when screening. To do so, filter for a signal, and then filter your new list by another signal! Play around with the screener, and find what works best for you!

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