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It is a fact that market falls twice as fast as market rise. So to short sell the suitable stock is easiest way to make money in day trading.
Here is a watch list that lists those stocks that can be shorted in 15 minute time frame. This watch list find those share of which angle of sma(50) is >30.Use a chart with sma(50),ema(20) and ema(10) to watch this share in real time. The price of stock goes down and return to ema(10) or ema(20) ,which are 38.2% and 50% retracement level respectively. When the stock begin to fall again ,It is time to short.
Add the symbols of those stocks ,that has grown very high in last few days and ready to correct, to this symbol list using custom symbol filter
To ensure that trend is so strong (ie,in trending mode) , I have added a one more filter average directional index.
QuantShare has provided a intra day data downloader
The same can be used with the script provided in following thread to automate the downloading for 1 Minute. http://www.quantshare.com/title-227-guru-check-this-link
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.