Why us Services Products How it works Reviews Blog. Request a quote. Why us Services Products How it works Reviews Blog Request a quote. MT4 Scanner: professional tool for effective technical analysis. MetaTrader Market Scanner is a program for MetaTrader 4 and 5 MT4 and MT5 platforms, used for automatic and continuous search for trading signals based on user rules and indicators, on all symbols and time-frames available in the trading terminal. In one window, the scanner monitors up to different graphs: 30 characters for 9 separate time periods.

The use of automated market monitoring for technical analysis of a trading strategy simplifies the time-consuming task of finding new trading opportunities, saves countless hours of analysis time and accelerates the response to trading signals. The main advantage of using the scanner is the instant technical analysis and search of trading signals overall the market in the context of any symbols, time-frames and indicators.

A trader using a scanner significantly increases the efficiency of his trading, saving time on a monotonous search for trading opportunities among many tools and timeframes, constantly switching from one chart to another.

In this search mode, the trader misses the best moment to open positions and loses the potential profit from trading. The constant search for signals takes a lot of time and effort. Lost time can be used on effective analysis and trades management. Full coincidence of conditions in such strategies is rare, but when this happens, it is a reliable signal of a potential profitable trade. A quick response to the detection of such signals comes to the forefront, which without automation of scanning becomes a difficult task.

Using a scanner minimizes the chance of skipping and losing a potentially profitable trade. For the scanner, only one chart is used, which presents all the information about the current status of the detection of trading strategy signals. Using one chart to visually present the situation on the market eliminates the need to switch between charts over and over again.

Thus, the trader gets the opportunity to evaluate and control all trading signals in the market at once. When the scanner detects a signal, the trader has the opportunity to immediately, in one click, open the chart with the asset and time-frame for more detailed consideration and decision-making on trade opening. In a standard implementation, the program includes functions for notifying of the occurrence of trading signals. Notifications can be a sound or a text sent to an email and to a mobile phone.

The trader independently determines the list of symbols and time-frames on which trading signals will be searched for according to a pre-programmed strategy. The most popular types of scanners are: Trend scanner allows you to determine the current trend based on the most popular trend indicators:. Using these indicators, the trader can quickly determine the direction and strength of the trend movement.

Candlestick scanner scans the market for Candlestick Patterns. The main advantage of creating your own scanner is full adaptation to your requirements and the accuracy of signal calculations. On the Internet, you can find many special services that perform the functions of scanning the market. The functionality of such products is significantly limited. They include only a basic set of functions for implementing very simple strategies using only a few standard technical indicators.

Such programs cannot be adapted to use custom indicators, special conditions for calculating trading signals and creating your own unique trading strategy. Only you can determine the exact, most optimal moment to enter the trade. In your own scanner, you get the opportunity to adjust the sequence of calculations, combinations of indicators and conditions exactly as you want it. The speed and convenience of scanners make them a must-have tool for all traders and investors. If you need your own scanner designed for your individual requirements, make a request for a free consultation with our team of professional MQL4 developers and find out the cost and terms of developing your project.

Our solutions are recognized by competent software architecture and high quality code. You will receive a product that simplifies technical analysis and improves your trading efficiency. One Subscription For All Indicators. View All Products. Learn more. Candlestick Patterns Indicator is used to identify common candlestick patterns formations based on Japanese candles chart. The candlestick chart is the most popular way of representing a price of an asset. During the time, traders have identified some common formations of candles that signal about trend continuation and reversals, support and resistance levels, imbalances between bulls and bears.

There are a lot of candlestick patterns known and used in trading and we have prepared an indicator that gathers them all together in one tool and allows you to visualize these patterns on the chart. metatrader 4. Telegram signals to MT4 trade copier. Relative Strength Index RSI Multi Forex Scanner Indicator For MT4 displays RSI values.

The standard RSI normally have an oversold and overbought level set at 30 and 70 respectively. Therefore, you can also keep track of the RSI value to see if it falls within the oversold and overbought states.

When the values get above the overbought levels 70 it turns green. On the other hand, when the values go below the oversold level 30 it turns red. When the values are between 30 and 70, the values are white. Stochastic The stochastic indicator shows the momentum of the market trend. The standard stochastic indicator also has an overbought level at 80 and an oversold level at In Multi Forex Scanner Indicator For MT4, the colour of the stochastic values turn red when they get below the oversold level of 20 and get green when they get above the overbought level of When the values are between 20 and 80, they are white.

Average Directional Index ADX The standard ADX indicator measures the strength of the trend in the market. In Multi Forex Scanner Indicator For MT4, it is either displayed as No Trend, Weak Trend, Medium Trend and Strong Trend. Pivots Just like the standard Pivot indicator, in Multi Forex Scanner Indicator For MT4, the pivot indicator indicates whether the market price is above or below PP, S1, and R1.

In most cases, the market prices will oscillates between S1 and R1 until a breakout occurs either through R1 or S1. If a break out occurs through the S1 and the Pivot in Multi Forex Scanner Indicator For MT4 displays below S1, it shows a bearish trend. On the other hand when a breakout occurs through R1 and the Pivot in Multi Forex Scanner Indicator For MT4 displays above R1, it shows a bullish trend.

Moving Average MA In Multi Forex Scanner Indicator For MT4, the MA displays Up or Down to show if the trend is up or down. Multi Forex Scanner Indicator For MT4 - Buy Entries To place a BUY using the Multi Forex Scanner Indicator For MT4, the MA, the Average True Range ATR should be high, Volume should be at least medium, Relative Strength Index RSI should be below 70, Stochastic should be below 80, Average Directional Index ADX should be shown at least Weak Trend though not very necessary, Pivots should be above S1, and Moving Average MA should be showing up.

Multi Forex Scanner Indicator For MT4 - Sell Entries To place a SELL using the Multi Forex Scanner Indicator For MT4, the MA, the Average True Range ATR should be high, Volume should be at least medium, Relative Strength Index RSI should be above 30, Stochastic should be above 20, Average Directional Index ADX should be shown at least Weak Trend though not very necessary, Pivots should be below R1, and Moving Average MA should be showing down. Multi Forex Scanner Indicator For MT4 - Conclusion The Multi Forex Scanner Indicator For MT4 may seem complicated at the start but after going through this guide, you should be able to understand how to interpret the information that it displays.

It is a very great indicator since it combines several important indicators into one and you do not have to go looking for each of the indicators. I'm Mike Semlitsch the owner of PerfectTrendSystem. My trading career started in Since I have helped thousands of traders to take their trading to the next level. Many of them are now constantly profitable traders. The following performance was achieved by me while trading live in front of hundreds of my clients :.

Connect With Me:. Results From 5 Months! This service starts soon! Be the first who get's notified when it begins! Request Indicator.

The Forex Trend Scanner was developed for Metatrader 4 and follows the major currency trend with the help of colored candlesticks. For scalping and day trading, the indicator tends to work the best during the London and American trading sessions.

The Forex Trend Scanner indicator can be used for both trade entry and exit, or as an additional confirmation filter for other strategies and systems.

The indicator works equally well on all currency pairs majors, minors and exotic and shows promising results if used correctly. Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Forex Trend Scanner indicator. As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.

Forex Trend Scanner MT4. The indicator pops up in the main MT4 chart window as green and red colored candlesticks. A red colored candlestick is a sell signal. Tips: Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Forex Trend Scanner indicator. mq4 indicator in the Indicators folder. Finally restart the MT4 platform and attach the indicator to any chart. How to remove the indicator?

Click with your right mouse button in the chart with the indicator attached onto it. Select the indicator and press delete. Right click with your mouse button in the chart with the indicator attached onto it. From the drop down menu, click on indicators list. Select the indicator from the list and press edit. Now you can edit the indicator. Finally, press the OK button to save the updated configuration.

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Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Fast MA Applied Price — The applied price of the Fast MA. Click with your right mouse button in the chart with the indicator attached onto it. Nordman algorithms. One Subscription For All Indicators. The most popular types of scanners are: Trend scanner allows you to determine the current trend based on the most popular trend indicators:.

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