why the screener is the right tool for bias
before you trade, you need a read on direction. the screener is built for exactly this — it lets you look at multiple reports across multiple tickers simultaneously, so instead of forming a bias on one data point, you're forming it on a grid of data points.
a single report might lean bullish. but when 3 or 4 reports across the same ticker are all pointing the same direction, that's confluence — and that's where the screener becomes your most useful pre-market tool.
simple vs advanced view
the screener has two view modes. the toggle sits in the table header, next to customize.
simple is the daily bias matrix: one row per ticker, one column per report you've selected, and a single dot in each cell. it's the fastest way to read direction across your whole watchlist, and it's the view the rest of this article describes.
advanced breaks the same data out into a separate table per report, each with the full columns behind the read — price, bias, and that report's own fields. use it when you want the numbers behind a cell rather than just the direction, or when you want to sort and filter within a single report.
the toggle applies to the whole screener rather than one report at a time. in advanced mode it appears on every report's table header, but flipping it anywhere switches the entire page.
most members build the morning read in simple and drop into advanced only when one cell needs a second look.
starting with the daily bias template
the fastest way to start is the daily bias template — a pre-built screener setup designed specifically for this workflow. it comes loaded with:
16 tickers: 10 stocks (AAPL, AMZN, AVGO, COST, GOOG, MSFT, META, NVDA, NFLX, TSLA), QQQ and SPY, plus ES, NQ, YM, and RTY
4 reports: IB by rejection, IB standard, previous day's range, and average daily range
NY session
load it from the right nav panel by clicking its name. your screener populates immediately with 16 rows and 4 columns of colour-coded data — a full directional read on every major instrument, ready to scan before the open.
you don't have to use the daily bias template. any screener configuration works the same way. but if you're getting started, this is the setup to run first.
how to read the colour coding
in simple view, every cell is a single dot showing the directional read for that report + ticker combination today:
green — bullish lean
red — bearish lean
grey — neutral (no clear directional edge)
a dash — no bias. hover it and the tooltip says exactly that
the colour is instant — you don't need to read a number or do math. a mostly green row is bullish. a mostly red row is bearish. a mostly grey row is neutral.
a dash isn't the same as neutral. neutral means the report ran and found no directional edge. a dash means there's no read for that ticker yet, usually because the setup hasn't formed — several reports need the first hour of the session before they return anything, so a column of dashes early in the morning is expected rather than broken.
here's what drives the colour for the reports traders run most often on the screener:
Opening Candle Continuation
colour is determined by the opening candle direction. a green opening candle (bullish) gives a green cell. a red opening candle (bearish) gives a red cell. the cell is showing you whether the historical data for today's opening candle leans bullish or bearish on continuation.
IB Standard
colour is based on breakout vs breakdown direction. green = the data favours an upside break of the initial balance. red = the data favours a downside break. grey = no strong edge in either direction.
IB by Rejection
colour is based on which extreme forms first. green = the low formed first (rejection from the lows = bullish). red = the high formed first (rejection from the highs = bearish). this report gives you a directional read on where the rejection is likely to come from.
Previous Day's Range
colour is based on where price opened relative to the previous day's range. green = price opened above the PDR (bullish positioning). red = price opened below (bearish positioning). grey = price opened inside the range — no directional edge from positioning alone.
reading the full picture
with the table loaded, here's the bias-building workflow:
1. scan the rows
each ticker row tells you the directional story across all 4 reports. a row that's 4/4 green is about as clear a bullish read as you'll get from the data. a 3/4 or 4/4 red row is equally clear on the short side. mixed rows require more judgment.
2. check the overall daily bias
the horizontal overall daily bias at the top of the screener shows the aggregate bullish/bearish/neutral split across your entire setup. use it as your macro read — if 70% of the overall daily bias is bullish, most of what you're watching is leaning long today. if it's split evenly, the market is mixed.
the overall daily bias and the individual rows work together. the overall daily bias tells you the overall lean; the rows tell you where the strongest specific setups are.
3. drop into advanced to surface the strongest reads
sorting and filtering live in advanced view, where each report gets its own table with sortable columns. if you want to rank every ticker by one report's reading, switch to advanced and sort that report's table — the cleanest setups rise to the top. simple view is for scanning the grid, advanced is for ordering it.
what to do with neutral rows
a mostly grey row means the data isn't offering a clear directional edge for that ticker today. the right move is to skip it or wait.
this is one of the most useful things the screener can tell you — not just where the edge is, but where it isn't. if a ticker you normally trade is showing grey across the board, that's a signal to sit on your hands or look elsewhere. trading against neutral data is trading without an edge.
grey doesn't mean the ticker is broken or the data is wrong. it means today's conditions don't offer a clean read from these reports. come back tomorrow.
a row of dashes is a different message: those reports haven't produced a read yet. that's a wait, not a skip — check back once the session has developed.
applying bias to outside day setups
the outside day screener flags days when price expands beyond the prior day's range. that expansion alone doesn't tell you which direction it'll favor — that's where bias adds context.
a bullish outside day is a session whose trading range engulfs the previous session's range and closes higher. flip the signs for a bearish outside day.
read the bias together with the outside day signal to decide what kind of trade you're looking at:
bullish outside day + bullish bias: price expanded bullish, and the data shows it'll likely continue bullish. the setup and direction align — that's high probability. this is your strongest setup; the data is telling you the same thing from two angles.
bullish outside day + bearish bias: price expanded bullish, but the data shows a bearish lean. that's a reversal setup. the expansion was the move — now the data is betting it reverts. still a high-probability pattern, just in the opposite direction.
flip the same logic for a bearish outside day: bearish bias = continuation, bullish bias = reversal.
bias is probability, not a guarantee. the outside day setup alone doesn't guarantee direction, and the data shows historical tendencies — not certainties. a 70% read means the move played out as expected 7 out of 10 times historically. trade with confidence, but still manage risk.
drilling into the details
once you've spotted a ticker with a strong directional lean, click any cell in that row to open the full report page — pre-loaded with the same settings. from there you can review the full data, subreports, and historical context before committing to a bias.
the screener gets you to the right tickers fast. the full report page is where you validate the read before you trade it.
building your own bias setup
the daily bias template is the recommended starting point, but you're not locked to it. once you understand how the colour coding works, you can build a bias setup around the reports most relevant to how you trade.
a few things that make a bias-focused screener setup work well:
use reports that have a clear directional output — reports that produce a definitive long/short/neutral read work better than ambiguous ones for this workflow
keep the report count manageable — 3 to 4 reports per screener is the sweet spot for bias work; more columns doesn't always mean more clarity
save it as a template — once your setup is dialled in, save it so you can load it instantly each morning without rebuilding
see the screener templates article for how to save and manage your setup.

