Find Reversal Setups with the Doji Screener

What this helps you do

This guide walks you through how to use the Doji Screener to spot potential reversal setups and confirm them on your chart using PayDay Cycle logic. It shows you how to connect the screener’s signals with practical chart review so you can identify momentum shifts with more clarity and intention.

This matters because reversal setups can move fast, and the Doji Screener helps you catch them without checking charts one by one, giving you an easier way to stay ahead of interesting shifts in price behavior.

When to use this

Use this guide when you want to:

  • Build a focused swing-trading watchlist in the last hour of the trading day.
  • Find stocks that may be pausing or turning after a recent move.
  • Turn theory from PayDay Cycle training into a repeatable nightly routine.
  • Although you can open the Doji Screener intraday, the most reliable signals come from Dojis that are forming or have just formed near the daily close. That is where the PayDay Cycle logic is strongest and you are less likely to react to intraday noise.


    Before you start

    This guide assumes you already have a basic understanding of:

  • Heikin-Ashi charts
  • (See: “Heikin-Ashi Charts Reference Guide” in the Resource Center.)

  • Doji candles
  • (See: “Doji Candles: What They Mean And How To Spot Them” in the Resource Center.)

  • PayDay Cycle basics
  • (See: “PayDay Cycle Framework Overview” in the Resource Center.)

    If you are an All-Access member and have access to the 90-Day Roadmap for Swing Traders, you will recognize many of the concepts here. You do not need the Roadmap to follow this guide, but it can give you extra context.


    Step 1: Open the Doji Screener near the market close

  • Log in to your Wallstreet.io account.
  • Open the Doji Screener from your main platform navigation.
  • Plan to run the screener in the last 30 to 60 minutes before the market close.
  • Running the screener near the close gives you Doji signals that are based on almost-complete daily candles, which makes them more meaningful for PayDay Cycle style swings.


    Step 2: Choose your stock universe and basic filters

    At the top of the Doji Screener, choose the universe of stocks you want to scan. Common choices include:

  • A broad index or list, such as the S&P 500.
  • A focused list, such as a personal watchlist or a sector you prefer to trade.
  • The goal is to see a manageable list of Doji candidates, not every possible Doji in the market.


    Step 3: Shortlist a small group of promising symbols

    Once the Screener has returned a list of Doji setups:

  • Sort or scan the list for symbols that fit your style.
  • Price range you are comfortable with.
  • Names you recognize or are willing to research.
  • Click through a handful of candidates and open their charts in the main workspace.
  • Aim to narrow the list down to something you can realistically review in detail, for example:

  • 5 to 10 symbols per night.
  • You are not trying to trade every Doji. You are trying to find the few that make sense in a healthy PayDay Cycle context.


    Step 4: Check the larger trend and PayDay Cycle context

    For each candidate, start by zooming out.

    On each chart:

  • Look at the bigger trend.
  • Is the stock generally trending up, trending down, or chopping sideways?
  • Where is price relative to your key moving averages or channels?
  • Scan recent Heikin-Ashi candles.
  • Is this Doji appearing after a clear run of same-colored candles (a mature PayDay Cycle)?
  • Or is it appearing in the middle of random back-and-forth chop?
  • Decide whether the Doji is in a location where a reversal or pause would make sense.
  • Near prior support or resistance.
  • Near a moving average you respect.
  • After an extended push that looks “tired.”
  • If the Doji is floating in the middle of nowhere or fighting a clear trend that you do not want to bet against, drop that symbol and move on.


    Step 5: Confirm your PayDay Cycle criteria

    Next, bring in your PayDay Cycle rules.

    For each candidate that survives the first pass:

  • Apply your PayDay Cycle template on the chart.
  • Heikin-Ashi candles.
  • Any core indicators you use with the framework (for example, MACD or moving averages, according to your existing training).
  • Check for a story you recognize from your training, such as:
  • A strong PayDay Cycle that is now stalling, with a Doji at or near the top.
  • A down-cycle that is losing steam, with a Doji forming near support.
  • Momentum indicators that are slowing or starting to turn.
  • Ask yourself:
  • “If this Doji breaks in the direction I expect, does it line up with my normal PayDay Cycle rules?”
  • “If it fails, do I know where I would be wrong?”
  • If a chart does not line up with your PayDay Cycle logic, skip it. The Screener is there to bring you candidates, not to override your judgment.


    Step 6: Use the One-Click Doji Price Alert to mark key levels

    One of the biggest advantages of the Doji Screener is the One-Click Doji Price Alert.

    When you find a promising setup:

  • In the Doji Screener row for that symbol, click the Doji Price Alert icon.
  • This creates a price alert around the key Doji level used by the Screener, so you do not have to set it manually on the chart.
  • The alert will notify you according to your account’s alert settings when price trades back through that Doji level.
  • This is especially useful when:

  • You prefer to wait for confirmation instead of entering right at the close.
  • You cannot be in front of the screen all day, but want to know if price respects or tests that Doji zone.
  • You are tracking several symbols and you do not want to forget where your key levels are.
  • You can also combine the automated alert with your own manual alerts on the chart if you want to track related levels, such as moving averages or channel boundaries.


    Step 7: Define your entry, protective level, and target idea

    For each setup that still looks attractive, write down a simple trade idea. For example:

  • Entry idea
  • Decide whether you want to enter near the close, on the next session, or only if price breaks above or below the Doji range.
  • Many traders prefer to use the top of the Doji as a reference for a possible bullish entry, or the bottom for a possible bearish entry, while still respecting their own rules.
  • Protective level
  • Decide where the trade thesis clearly fails.
  • Often that is on the other side of the Doji, or at a nearby support or resistance zone that lines up with your PayDay Cycle risk plan.
  • Target idea
  • Look at prior PayDay Cycles on the same chart.
  • Ask how far recent swings have tended to travel before stalling.
  • Use that history to frame a realistic profit zone, instead of hoping for a runaway move.
  • You do not have to dial in every detail inside this guide. If you have a personal trade plan template from your Roadmap or your own journal, this is where you plug the Doji Screener setups into that template.


    Step 8: Turn tonight’s work into tomorrow’s game plan

    After you have gone through your list:

  • Keep only the few best setups for tomorrow.
  • Make sure you have:
  • Written notes or a trade plan for each one.
  • Doji Price Alerts set on the candidates you want to track.
  • Tomorrow, you can:

  • Use your watchlist and alerts to focus on just the symbols that actually trigger.
  • Skip everything that drifts away or breaks the story you built.
  • Over time, this becomes a short, repeatable end-of-day routine:

  • Run the Doji Screener near the close.
  • Shortlist candidates.
  • Read the PayDay Cycle context.
  • Set One-Click Doji Price Alerts on the best charts.
  • Plan trades and let the alerts do the heavy lifting.

  • Common mistakes to avoid

  • Treating every Doji as automatically tradable, without checking the bigger trend.
  • Entering on the first Doji you see in the middle of intraday chop.
  • Ignoring your normal PayDay Cycle rules just because the Screener surfaced the symbol.
  • Forgetting to set alerts and then missing the move you planned for.

  • What to read next

    If you want to deepen the ideas from this guide, you can review:

  • “Doji Screener Complete Guide” (for every setting and filter available).
  • “PayDay Cycle Framework Overview” (for the underlying swing-trading model).
  • “Heikin-Ashi Charts Reference Guide” and “Doji Candles: What They Mean And How To Spot Them”.
  • If you have access to the 90-Day Roadmap for Swing Traders, you can revisit the units on PayDay Cycle entries and exits to line up this workflow with your existing trade plan.