The Power of Hotscans is its ability to do Multiple Intraday Time Analysis (MITAS). This allows users to detect critical intraday shifts in momentum. DataView’s unique price and volume gauges provide visual comparisons for up to four discreet time frames. The basic foundation of HotScans is the following principle:

What are HotScans Strategies?
HotScans Strategies are predefined scans. They enable you to find specific trading patterns that offer potential trades. HotScans has divided the many Strategies into three sections:

• Linear Regression Strategies^NEW! - Great swing trade opportunities and day trading setups!
• Opening Range Strategies - This is HotScans' specialty!
• Traditional Strategies

How to Get Started Using a Strategy!
If you have a particular pattern you like to trade then review the descriptions of each strategies found in the two sections mentioned above. We may have your pattern set up as a Strategy.

If you do not have a specific pattern in mind we suggest you start with the 10 O'clock Bulls Strategy. This is a basic opening range based strategy that offers a great way to get started using the power of HotScans and the opening range. We also recommend that you do the following:

• Get a copy of the free e-book, "Trading The 10 O'clock Bulls", offered by DataView that will describe in detail how to trade using the opening range.
• Review the detailed description of how to trade the 10 O'clock Bulls Strategy.
• Review the detailed description of how to trade the Basic Bullish OR Breakout Strategy.

Does a Strategy Provide "Buy" and "Sell" Signals?
No. A HotScans Strategy will not tell you the specific price points to enter or exit a trade. The Strategy will focus you on the stocks that are demonstrating great potential. The detailed descriptons of how to trade the strategy, and the e-book, will explain trading tactics that are used by many very successful traders to profit from these market conditions. Remember, sound money management, stop loss orders (at least mental stops) and strict adherence to a consistent tactical discipline is essential to profitable trading.

One Big Piece of Advice!
The biggest mistake traders have made in using HotScans is to try to follow too much. HotScans is exceptional at identifying the hottest stocks at any time during the day. But it will give you too many ideas if you are not carefull. The best way to start using HotScans is to focus on only one or two Strategies or scans that you customize. Use HotScans to find a manageable list good stocks and then focus on those stocks. Even if you do not start with the 10 O'clock Bulls Strategy it is worth reading its detail discusssion on how to trade it. This is a good example of how to "keep it simple."