Installation & Setup

13 Powerful TradingView Screener Settings for Breakout Stocks Daily

Finding stocks that are ready to explode upward is one of the most rewarding strategies for active traders. The focus keyword, tradingview screener settings for breakout stocks daily, continues to gain popularity because traders want fast, reliable, and data-driven filters that work in real markets. TradingView offers powerful tools to identify breakouts, and with the right setup, you can catch momentum early—sometimes even before the crowd notices.

This guide shows exactly how to build a screener that detects daily breakout stocks with consistency, clarity, and precision.


Introduction to TradingView Screeners

TradingView is one of the most widely used charting platforms because of its user-friendly interface and flexible screener tools. These screeners can detect market strength, momentum, volatility, or—most importantly—breakouts forming on daily charts.

Breakout strategies revolve around identifying when the price pushes above a resistance level or moves out of a tight consolidation pattern. To filter these moves, you need precise and reliable screener settings.


What Is a Stock Breakout?

A breakout happens when the price moves above a key level, such as:

  • Previous day high
  • Major resistance zone
  • Trendline or channel boundary
  • Psychological price barriers

Breakouts signal strong buying pressure and potential trend continuation.


Why Daily Breakouts Matter for Traders

Daily breakouts provide:

  • Clear and stable signals
  • Less noise than intraday breakouts
  • Strong institutional participation
  • High probability continuation patterns

Many successful traders rely on daily breakouts because they offer a balance of reliability and reward.


Understanding TradingView’s Screening Tools

TradingView allows you to filter stocks based on technical indicators, fundamentals, or price movements. For breakout strategies, the technical screener is the most useful.


H3: Key Indicators Used for Breakout Detection

Effective breakout screeners often include:

  • Volume Percentage Change
  • Moving Averages (20 EMA, 50 SMA, 200 SMA)
  • Average True Range (ATR)
  • RSI or MACD for momentum confirmation
  • Price Breakout Conditions (higher highs, resistance levels)

The goal is to find stocks experiencing both price and volume expansion simultaneously.


Essential TradingView Screener Settings for Breakout Stocks Daily

This section uses the focus keyword as required.

Below are the core filters you need for consistent breakout identification.


Price Action Filters

Price action determines whether the stock is breaking above key levels.

Recommended filters:

  • Price > Yesterday’s High
  • Price Breakout: New 20-day or 50-day High
  • Close > Resistance Level
  • Candle Range > 1.5 × Average Range

These highlight stocks showing immediate strength.


Volume Surge Filters

Breakouts without volume tend to fail.

Suggested volume filters:

  • Volume > 150% of 20-day average
  • Volume % Change > 50%
  • High Relative Volume (RVOL > 2)

This ensures institutional money is participating.


Moving Average Filters

Moving averages help validate trends.

Set:

  • Price > 20 EMA
  • 20 EMA > 50 SMA
  • 50 SMA > 200 SMA

These confirm an uptrend before the breakout occurs.


Volatility Filters

Volatility supports meaningful price expansion.

Use:

  • ATR above 14-day average
  • ADX > 20 for trend strength

High volatility = higher breakout success.


Step-by-Step Setup of TradingView Screener

Follow these steps to create a breakout screener.


Setting Timeframe to Daily Charts

Choose:

  • Timeframe: 1D
  • Select your market (US, India, Crypto, etc.)
  • Filter out penny stocks below $2 unless you prefer microcaps

Adding Breakout Indicators

Include:

  • 20 EMA
  • 50 SMA
  • Volume moving average
  • ATR
  • Pivot points or resistance lines

Custom Filter Setup for Daily Breakouts

Recommended exact filter list:

Filter TypeSetting
PriceNew 20-day High
Volume>150% of 20-day avg
TrendPrice > 20 EMA
VolatilityATR Rising
StrengthChange % > 2%

Advanced Screener Settings for Professional Traders

Once you master basic breakout filters, add these to improve accuracy.


Multi-Timeframe Confirmation

Pro traders check:

  • Daily breakout
  • 4H momentum rising
  • Weekly trend upward

This reduces false signals.


Relative Strength Filters

Set:

  • RS Rank > 70
  • Sector Strength: Strong sectors only

Liquidity + Market Cap Filters

To avoid traps, filter:

  • Market Cap > $300M
  • Average Volume > 500K

Backtesting Breakout Screener Settings

Testing your strategy builds confidence.


Measuring Breakout Reliability

Track:

  • Win rate
  • Average breakout continuation
  • Stop-loss hit rate

Avoiding False Breakouts

Avoid:

  • Low volume breakouts
  • Breakouts far from moving averages
  • News-driven spikes without trend support

Example of a Complete Daily Breakout Screener Setup

Here is a ready-to-use configuration:

CategoryFilter
PriceNew 20-day High
TrendPrice > 20 EMA; 20 EMA > 50 SMA
Volume>150% avg; RVOL > 2
VolatilityATR Rising
StrengthChange % > 2%

Common Mistakes When Screening Breakouts

  • Using too many filters
  • Ignoring macro market conditions
  • Trading against the trend
  • Buying breakouts without volume

Best Practices for Consistent Results

  • Trade only with trend confirmation
  • Use stop-loss below breakout zone
  • Check higher timeframe support
  • Always validate volume behavior

FAQs About TradingView Screener Settings for Breakout Stocks Daily

1. What is the best screener setup for breakout stocks?

A combination of new highs, high volume, and trend filters works best.

2. Which indicator confirms a true breakout?

High relative volume (RVOL) is one of the strongest confirmations.

3. Should beginners use daily breakouts?

Yes, daily breakouts are more stable and less noisy than intraday breakouts.

4. How do I avoid false breakouts?

Avoid breakouts without volume or those forming during weak market conditions.

5. Can TradingView screen crypto breakouts too?

Yes, the same filters work for crypto with slight adjustments.

6. How many stocks should a breakout screener return?

Ideally fewer than 30; too many means the filters are weak.


Conclusion

Creating strong tradingview screener settings for breakout stocks daily is one of the most effective ways to identify high-potential trades. Using price action, volume surge detection, moving averages, and volatility tools helps you filter out weak setups and focus on the strongest breakout opportunities in the market.

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About Daniel B Crane

Hi there! I'm Daniel. I've been trading for over a decade and love sharing what I've learned. Whether it's tech or trading, I'm always eager to dive into something new. Want to learn how to trade like a pro? I've created a ton of free resources on my website, bestmt4ea.com. From understanding basic concepts like support and resistance to diving into advanced strategies using AI, I've got you covered. I believe anyone can learn to trade successfully. Join me on this journey and let's grow your finances together!

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