Are the scans working?

The historical record on every other page is a backtest — a replay of what a scan would have done. This page is the live record: what each scan has produced since 18 August 2026, on real published signals, compared against what the average stock did over the same windows. Backtests flatter. This does not.

Sessions published

Signals resolved

6,536

Tracking since

18 August 2026

Market over 5 sessions

+0.66%

Every figure here is out of sample. These are the signals this site actually published, on the days it published them, measured against what happened next. Nothing here can be re-tuned after the fact, which is exactly what makes it the harder test.

Live edge by holding period

percentage points versus the market, out of sample

Scan	1 session	5 sessions	10 sessions	20 sessions	Backtest 20d
Made a new 52-week high today New 52-week high	+1.00 52% up · 192	+4.26 58% up · 144	+9.16 67% up · 84	— 0 so far	+1.12	open →
Improving business in an uptrend Margin expanding year on year, price above the 200-day average, three-month return positive	+0.80 53% up · 168	+4.20 62% up · 120	+11.32 75% up · 60	— 0 so far	+0.41	open →
Above the 200-day EMA Close above the 200 EMA	+0.71 50% up · 204	+3.74 65% up · 156	+5.43 68% up · 96	— 0 so far	+0.16	open →
Stretched far above trend More than 15% above the 50 DMA	+0.52 47% up · 196	+3.72 60% up · 148	+5.28 73% up · 88	— 0 so far	+0.87	open →
The market's strongest stocks Stage 2 uptrend — trend template	+0.80 54% up · 204	+3.66 63% up · 156	+5.12 70% up · 96	— 0 so far	+0.59	open →
Rising on most days lately Higher close on 4 of the last 5 sessions	+0.84 50% up · 198	+3.57 53% up · 150	+5.89 61% up · 90	— 0 so far	-0.19	open →
Beating the market for 6 months 6-month relative strength leaders	+0.82 55% up · 204	+3.56 65% up · 156	+4.68 68% up · 96	— 0 so far	+0.50	open →
Short averages stacked in order EMA 5 > 13 > 26, price above all three	+0.56 48% up · 204	+3.13 57% up · 156	+5.15 62% up · 96	— 0 so far	-0.14	open →
Gapped up and held it Gap up, closed in top third	+1.07 62% up · 184	+2.67 54% up · 136	+4.88 50% up · 78	— 0 so far	+2.83	open →
Growing fast and near a high Revenue up more than 20% year on year and within 5% of the 52-week high	+0.50 48% up · 168	+1.93 58% up · 120	+6.64 65% up · 60	— 0 so far	+0.97	open →
Closed at the very top of its range Bullish marubozu	+0.70 49% up · 193	+0.71 46% up · 145	-0.77 46% up · 85	— 0 so far	+0.49	open →
Heavily borrowed and earning less Debt to equity above 2 with profit down year on year	+0.19 61% up · 28	+0.69 75% up · 20	— 10 so far	— 0 so far	+1.33	open →
Keeping more of every rupee Net margin up at least 2 points year on year, on higher revenue	-0.06 43% up · 168	+0.65 50% up · 120	+1.49 48% up · 60	— 0 so far	+0.58	open →
Golden cross — 50 crossed above 200 50 DMA crossed above the 200 DMA	+0.10 47% up · 196	+0.61 47% up · 148	-0.50 44% up · 88	— 0 so far	-0.14	open →
Long tail above — rejected higher Shooting star / inverted pin	+0.09 46% up · 194	+0.54 42% up · 146	-0.44 42% up · 86	— 0 so far	+0.34	open →
Profit jumped this quarter Profit up more than 30% year on year with revenue also higher	+0.01 45% up · 168	+0.24 47% up · 120	+0.81 28% up · 60	— 0 so far	+0.65	open →
Closed at the day's high Close in top 5% of range	+0.62 44% up · 196	+0.02 30% up · 148	-0.22 36% up · 89	— 0 so far	+3.63	open →
Profit on paper, not in cash Profitable on the P&L but operating cash flow below 40% of profit	+0.15 54% up · 168	-0.01 47% up · 120	-0.83 40% up · 60	— 0 so far	+1.99	open →
Uptrend taking a breather Pullback to the 50 DMA in an uptrend	+0.14 48% up · 204	-0.03 51% up · 156	-1.61 41% up · 96	— 0 so far	-0.14	open →
MACD just turned positive MACD crossed above signal	+0.02 43% up · 192	-0.03 44% up · 144	+0.38 43% up · 84	— 0 so far	+0.56	open →
Breaking out of a tight range 60-day consolidation breakout	-0.08 43% up · 197	-0.19 51% up · 149	-0.71 46% up · 89	— 0 so far	-0.86	open →
Inside bar — quieter than yesterday Inside bar	+0.23 47% up · 203	-0.20 44% up · 155	-0.75 38% up · 95	— 0 so far	-0.33	open →
MACD just turned negative MACD crossed below signal	-0.05 46% up · 201	-0.31 48% up · 153	-1.80 40% up · 93	— 0 so far	-0.31	open →
Bearish engulfing Bearish engulfing candle	+0.00 47% up · 201	-0.35 46% up · 153	-1.15 43% up · 93	— 0 so far	-0.65	open →
Oversold, but trend intact RSI oversold above the 200 DMA	+0.18 50% up · 201	-0.42 41% up · 153	-0.43 47% up · 93	— 0 so far	+0.34	open →
Growth that is speeding up Revenue YoY accelerating vs the prior quarter, with profit also growing	-0.13 44% up · 168	-0.46 38% up · 120	-1.19 38% up · 60	— 0 so far	+0.79	open →
Closing in on a 52-week high Near the 52-week high	-0.20 40% up · 203	-0.53 46% up · 155	+1.09 55% up · 95	— 0 so far	+0.60	open →
Trading far more than usual Volume surge vs the 20-day average	-0.01 50% up · 196	-0.66 40% up · 148	-2.48 39% up · 88	— 0 so far	+0.46	open →
Profit falling while the price holds up Profit down more than 25% year on year with the stock still above its 200-day average	-0.24 42% up · 168	-0.82 42% up · 120	-1.30 42% up · 60	— 0 so far	-0.71	open →
Bullish engulfing Bullish engulfing candle	-0.35 37% up · 198	-0.91 39% up · 150	-1.55 39% up · 90	— 0 so far	-0.59	open →
Hammer — long tail below Hammer / pin bar	-0.43 34% up · 200	-0.95 32% up · 152	-0.93 30% up · 92	— 0 so far	+0.41	open →
Just reported, and grew Results filed within the last 15 sessions, revenue and profit both up year on year	-0.42 42% up · 135	-1.10 40% up · 120	-1.35 42% up · 60	— 0 so far	-0.99	open →
Growing fast, sold off anyway Revenue up more than 20% year on year with RSI below 40	-0.21 45% up · 168	-1.31 34% up · 120	-2.85 22% up · 60	— 0 so far	+1.11	open →
Range is tightening Narrowest daily range in 7 sessions	-0.10 39% up · 204	-1.33 33% up · 156	-3.64 21% up · 96	— 0 so far	-0.14	open →
Rising without the drama Low-volatility uptrend	-0.28 43% up · 202	-1.44 31% up · 154	-2.65 28% up · 94	— 0 so far	-0.89	open →
Near a 52-week low Within 6% of the 52-week low	-0.45 44% up · 204	-1.55 37% up · 156	-3.95 26% up · 96	— 0 so far	+0.38	open →
Back above the 200-day line Reclaimed the 200 DMA	-0.26 41% up · 204	-1.58 30% up · 156	-1.86 32% up · 96	— 0 so far	-0.74	open →
Back in profit Profitable now after a loss in the year-ago quarter	-0.16 40% up · 168	-1.63 33% up · 120	-4.04 22% up · 60	— 0 so far	+0.56	open →
Lost the 200-day line Broke below the 200 DMA	-0.46 36% up · 204	-1.70 30% up · 156	-3.40 26% up · 96	— 0 so far	-0.93	open →
Profit that turns into cash Operating cash flow at least 80% of trailing profit, revenue growing	-0.17 42% up · 168	-1.78 38% up · 120	-3.33 38% up · 60	— 0 so far	+2.73	open →
More cash than borrowings Net debt negative, profitable across the last four filed quarters	-0.35 38% up · 168	-1.94 35% up · 120	-3.67 30% up · 60	— 0 so far	+1.47	open →
Falling on heavy volume Distribution day	-0.43 48% up · 194	-2.08 39% up · 146	-2.26 44% up · 87	— 0 so far	+1.45	open →
Earns well on the capital it uses Return on capital above 18% with debt to equity under 1	-0.53 34% up · 168	-2.08 37% up · 120	-3.55 28% up · 60	— 0 so far	+1.08	open →
Consistently growing and profitable Profitable in all four recent quarters with revenue up more than 15% year on year	-0.47 38% up · 168	-2.12 29% up · 120	-4.78 10% up · 60	— 0 so far	+0.51	open →
Opened and closed at the same price Doji	-1.04 30% up · 204	-2.76 34% up · 156	-1.65 34% up · 96	— 0 so far	+0.05	open →
Tightest range in 4 days Narrow Range 4 (NR4)	-0.68 37% up · 204	-2.81 33% up · 156	-3.97 22% up · 96	— 0 so far	-0.02	open →
Death cross — 50 crossed below 200 50 DMA crossed below the 200 DMA	-0.38 43% up · 191	-2.96 29% up · 143	-5.52 24% up · 83	— 0 so far	-0.89	open →

Why the live and backtest columns disagree. They almost always will, and a large gap is informative rather than embarrassing: a backtest sees the whole history at once and its thresholds were chosen knowing how it ended. The live column had no such advantage. When a scan looks good in the backtest and flat here, the backtest is the number to distrust.

What survives scrutiny

after correcting for overlap, clustering and 47 tests

Of 141 screen-and-horizon combinations measured, 18 survive a false-discovery-rate correction at 10%. Around 1.8 of those should still be noise. Of the ones that do survive, 14 have an edge smaller than the cost of trading them — statistically real, and still not worth acting on at a Rs 1 lakh position.

Scan	Horizon	Days	Daily edge	t	p	Cost	Net	Verdict
Closed at the day's high	5d	308	+1.36	+4.66	0.000	0.79	+0.57	survives
The market's strongest stocks	20d	314	+0.98	+3.94	0.000	0.82	+0.16	survives
Lost the 200-day line	10d	314	-0.34	-3.74	0.000	0.82	-1.16	survives
Closed at the day's high	10d	308	+1.62	+3.38	0.001	0.79	+0.83	survives
Lost the 200-day line	20d	314	-0.45	-3.18	0.001	0.82	-1.27	survives
Closed at the day's high	20d	308	+2.75	+3.16	0.002	0.79	+1.96	survives
Keeping more of every rupee	10d	314	+0.30	+3.15	0.002	0.83	-0.53	survives
Near a 52-week low	20d	314	-0.70	-3.14	0.002	0.80	-1.50	survives
Lost the 200-day line	5d	314	-0.21	-3.14	0.002	0.82	-1.03	survives
Keeping more of every rupee	5d	314	+0.17	+3.12	0.002	0.83	-0.66	survives
Long tail above — rejected higher	10d	312	+0.26	+3.11	0.002	0.86	-0.60	survives
Long tail above — rejected higher	5d	312	+0.20	+2.98	0.003	0.86	-0.66	survives
Keeping more of every rupee	20d	314	+0.56	+2.95	0.003	0.83	-0.27	survives
Beating the market for 6 months	20d	314	+0.79	+2.90	0.004	0.84	-0.05	survives
Long tail above — rejected higher	20d	312	+0.32	+2.73	0.006	0.86	-0.54	survives
Trading far more than usual	20d	314	+0.29	+2.67	0.008	0.88	-0.59	survives
Beating the market for 6 months	10d	314	+0.41	+2.52	0.012	0.84	-0.43	survives
Profit falling while the price holds up	5d	308	-0.23	-2.52	0.012	0.87	-1.10	survives
Inside bar — quieter than yesterday	5d	301	-0.10	-2.41	0.016	0.82	-0.92	not proven
Beating the market for 6 months	5d	314	+0.21	+2.39	0.017	0.84	-0.63	not proven
Improving business in an uptrend	20d	314	+0.57	+2.38	0.017	0.81	-0.24	not proven
Bearish engulfing	20d	298	-0.23	-2.36	0.018	0.82	-1.05	not proven
The market's strongest stocks	10d	314	+0.44	+2.33	0.020	0.82	-0.38	not proven
Consistently growing and profitable	5d	314	+0.08	+2.29	0.022	0.80	-0.72	not proven
Near a 52-week low	10d	314	-0.29	-2.26	0.024	0.80	-1.09	not proven
Range is tightening	20d	314	-0.14	-2.17	0.030	0.81	-0.95	not proven

The unit of observation is a day, not a stock-day: every stock firing a scan on the same date shares that date’s market move, so counting them separately would overstate significance by roughly the square root of the daily hit count. Overlapping forward windows are handled with Newey–West standard errors. On this data the naive t-statistic runs about four times the corrected one — which is the difference between an edge and an artefact.

The cost column is a round trip on a Rs 1 lakh position: statutory charges of 0.23%, a bid-ask spread tiered by the stock’s turnover, and square-root-law market impact. It is an estimate with stated assumptions, not a fill. Net is the daily edge less that cost — and a scan whose edge is smaller than its cost is not an opportunity, whatever the backtest says.