Scan 5,000+ stocks daily for DiCarlo BX Trend buy signals. Weekly and daily momentum alignment at support levels detected. Each setup graded A+ to B.
Run this scan →The BX Trend system is a multi-timeframe momentum strategy developed by Peter DiCarlo that identifies high-probability entry points where weekly and daily trend signals align at a support level. The core principle is that buying pullbacks in confirmed uptrends — when the daily timeframe dips to support while the weekly timeframe remains bullish — produces the most favorable risk/reward entries.
The system works by first establishing the weekly trend direction using momentum oscillators and moving average relationships. When the weekly trend is confirmed bullish, the scanner then watches the daily timeframe for a pullback to a defined support level — typically the 21-day exponential moving average. The entry signal fires when daily momentum oscillators begin turning positive while price is at or near this support zone.
What makes the BX Trend approach powerful is its requirement for multi-timeframe confluence. Many traders fail because they trade signals on a single timeframe without context. By requiring the weekly trend to be up before acting on daily pullback signals, the system filters out the majority of false signals that occur in sideways or downtrending markets. The result is a higher win rate and better average gain per trade compared to single-timeframe approaches.
Developed by Peter DiCarlo, a technical analyst and trading system developer who created the BX Trend approach to combine multiple timeframe analysis with momentum oscillator alignment. DiCarlo's method built on the multi-timeframe concepts popularized by Alexander Elder in Trading for a Living (1993) and the momentum work of Welles Wilder, who invented the RSI and other oscillators in New Concepts in Technical Trading Systems (1978).
Our scanner evaluates the following criteria when detecting BX Trend Momentum — DiCarlo Buy Signal setups across 5,000+ stocks daily.
For BX Trend signals, an A+ grade means the weekly trend is firmly bullish with the daily pullback reaching the 21 EMA and momentum oscillators turning positive simultaneously. This is not a prediction of future price movement — it is a way to prioritize which charts deserve your attention first.
Buy when the daily pullback reaches the 21 EMA with the weekly trend confirmed bullish and daily momentum oscillators turning positive from oversold territory.
Place stop below the most recent daily swing low or below the 50-day MA, whichever is closer. A break below the 50-day MA suggests the pullback has turned into something more serious.
Target the prior swing high as the first objective. In strong weekly uptrends, the move often exceeds the prior high — trail the stop using the 10 EMA to capture the extended advance.
This is educational content only. Not financial advice. Always do your own research and manage risk appropriately.