Trade Ideas Scanner for Day Trading

How to Use Trade Ideas Scanner for Day Trading

ByAnthony Rogers

In the world of day trading, speed and precision are everything. If you want to stay ahead of market moves, you need a scanner that delivers instant alerts and actionable trade setups. That’s exactly what Trade Ideas Scanner offers. In this guide, you’ll learn how to use Trade Ideas for day trading—from scanner setup to customizing alerts and using AI-based trade suggestions.

Why Use Trade Ideas for Day Trading?

Day traders rely on identifying momentum, volume spikes, breakouts, and reversals within minutes. Trade Ideas is built to scan the entire U.S. stock market in real-time, delivering powerful alerts and trade opportunities before most traders can react.

Key reasons to use it:

  • Instant alerts based on price/volume movements.
  • Fully customizable filters.
  • Pre-configured trading channels.
  • AI-powered trade setups (via Holly).
  • Seamless integration with brokers for fast execution.

Step-by-Step: Setting Up Trade Ideas for Day Trading

1. Choose the Right Channel

Start with a prebuilt channel designed for day traders, such as:

  • Premarket Movers
  • Momentum
  • Turbo Breaks
  • Alpha Predator

Each channel includes scanners tailored for different types of intraday setups like gappers, volume surges, and technical breakouts.

2. Customize Your Scanner

You can modify any scanner or build your own. Key filters to consider:

  • Price Range (e.g., $2–$50 for low- and mid-cap plays)
  • Volume Spike
  • Relative Volume
  • Float Size
  • Change from Open
  • RSI / MACD

Example setup: Scan stocks between $5–$50, with at least 2x relative volume and up 3%+ from the open.

3. Use Multi-Window Layouts

Build a layout with multiple windows:

  • Alert Window (live scanners)
  • Chart Window (1-min, 5-min)
  • Holly AI trades window
  • News feed (optional)

This multi-window layout allows you to monitor alerts, price action, and AI picks simultaneously.

4. Use Holly AI for Entry Ideas

Holly, the Trade Ideas AI assistant, delivers trade setups based on statistical analysis. Use Holly’s morning calls (usually posted within the first 15 minutes of the open) to identify high-probability trades.

Each Holly alert includes:

  • Entry price
  • Stop-loss
  • Target zone
  • Type of strategy used (e.g., Pullback Long, Breakout Short)

5. Set Up Real-Time Audio/Visual Alerts

You can configure:

  • Pop-up notifications
  • Sound alerts
  • Email alerts (for tracking during volatility)
    This helps you avoid staring at the screen all day while still catching key setups.

6. Simulate Trades Before Going Live

Use the built-in Simulated Trading feature to test your strategy in real-time without risking money. Perfect for:

  • Practicing entries and exits
  • Stress-testing new filters
  • Building confidence in fast markets

7. Connect to Your Broker (Optional)

If you want to place trades instantly, use Brokerage Plus to connect Trade Ideas to Interactive Brokers. This enables:

  • Manual or semi-automated order execution
  • Real-time order tracking within the same platform

Tips for Day Trading with Trade Ideas

  • Use hotkeys with your broker for faster entries/exits.
  • Focus on volume surges early in the day (first hour).
  • Always manage risk with hard stops—don’t rely solely on alerts.
  • Backtest your filters using OddsMaker before trading live.

Final Thoughts

Trade Ideas Scanner is one of the most advanced day trading tools available today. With its real-time scanning, AI-powered trade suggestions, and flexible alerts, it empowers day traders to act faster and more confidently.

If you’re serious about taking your intraday trading to the next level, learning how to fully leverage Trade Ideas is a game-changing move.

FAQs

Is Trade Ideas good for beginners in day trading?
It’s powerful but can be overwhelming at first. Beginners can start with prebuilt channels and gradually explore customization.

What’s the best time to use Trade Ideas for day trading?
The first 60–90 minutes of the trading day (market open) is when Trade Ideas alerts are most active and useful.

Do I need the Premium Plan for day trading?
The Premium Plan offers Holly AI and backtesting tools, which are very helpful for day traders. The Standard Plan still gives access to real-time scanning.

Can I trade directly from Trade Ideas?
Yes, via Brokerage Plus. You can place trades through Interactive Brokers directly from the Trade Ideas interface.

Is there a mobile version of Trade Ideas for on-the-go trading?
Trade Ideas is primarily desktop-based. Mobile access is limited to email alerts and basic tracking.