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Forex Trend Scanner MT4

5

The Forex Trend Scanner is a powerful tool designed to revolutionize currency strength analysis. It caters to traders of all levels, offering guidance on what to trade and in which direction. This versatile model allows users to include any currency-related symbol, such as Gold (XAU/USD), Silver (XAG/USD), and even Bitcoin (BTC/USD). With compatibility across all time frames and default settings covering 28 major pairs, it provides comprehensive insights for informed trading decisions. Whether you're a novice or seasoned professional, this scanner empowers you to navigate the forex market with confidence.

The scanner utilizes two crucial moving averages, a fast one (5) and a slow one (12), to determine the direction of a currency pair as bullish, bearish, or neutral. For instance, when assessing the strength of EUR, it evaluates all EUR-related pairs (like EUR/USD, EUR/CAD, etc.) to gauge trading dynamics and score the order flow of EUR against 7 other currencies. A score range of -7 to +7 indicates EUR's performance relative to other majors. A +7 score signifies robust order flow as EUR gains against all others, indicating widespread buying interest, while -7 indicates weak order flow as EUR depreciates against all majors, reflecting broad selling pressure. The scanner combines the strongest-performing currencies against the weakest ones to identify pairs with minimal resistance and optimal trading opportunities, which are then displayed on the dashboard. Users can open new charts by double-clicking on listed pairs, customizing chart templates via parameters.


      Parameters

      • Currencies: EUR,AUD,CAD,USD,NZD,GBP,CHF,JPY
      • Suffix: (Write your brokers suffix here, if any)
      • Template: --> Write your template name here <--
      • Update Sound: tick.wav


      Reviews 1
      yewm3286
      34
      yewm3286 2024.05.21 02:32 
       

      请问XAUUSD如何填入到参数设置里面,请明示一下,谢谢!

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      The Trap Play MT4
      Carl Gustav Johan Ekstrom
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      Scalping strategy   here   <--- Trap Play  refers to a market situation where price initially makes a new high or low, luring traders into believing a strong trend is forming. However, the price quickly reverses and invalidates the breakout, trapping those traders who entered positions based on the initial move. This sudden reversal often results in a rapid exit of positions, leading to significant price movement in the opposite direction.  Trap plays  can occur in various financial markets an
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      Carl Gustav Johan Ekstrom
      EA included, download here  <--- Scalping strategy here <--- Trap Play  refers to a market situation where price initially makes a new high or low, luring traders into believing a strong trend is forming. However, the price quickly reverses and invalidates the breakout, trapping those traders who entered positions based on the initial move. This sudden reversal often results in a rapid exit of positions, leading to significant price movement in the opposite direction.  Trap plays  can occur in
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      Carl Gustav Johan Ekstrom
      5 (1)
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      Breakout Lines MT5
      Carl Gustav Johan Ekstrom
      EA included, download here <--- The Breakout Line in technical analysis serves as a crucial tool for understanding market dynamics and potential shifts in price direction. It's designed to highlight rapid accelerations or declines in the market's trajectory. Unconventional Analysis : The Breakout Line is not your typical technical indicator; it's tailored to capture swift market movements, offering a unique perspective on price trends. Angle of the Breakout Line : The sharper the angle formed
      Trading Cycle Array MT5
      Carl Gustav Johan Ekstrom
      I'm excited to introduce you to the fifth bar on   Martin Armstrong's  Forecast Array - The Trading Cycle . This innovative tool represents a transverse form of cyclical frequency analysis, offering a unique perspective on market trends. The model employs a color-coded system for easy interpretation. In this model, green signals the ideal timing for highs, red indicates ideal lows, and yellow signifies a convergence of highs and lows occurring simultaneously. This intuitive approach allows
      Breakout Lines MT4
      Carl Gustav Johan Ekstrom
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      The Rule of 3 Reactions MT4
      Carl Gustav Johan Ekstrom
      This simple yet remarkably effective trend-continuation and breakout indicator acts as a powerful tool designed to aid traders in distinguishing genuine trend extensions from false breakouts. Through the utilization of a unique three-time-unit correctional phase guideline, it provides clear signals, offering trading opportunities with attractive risk-reward ratios. Key Features Reliable Signals:   The indicator confirms a genuine trend continuation or breakout if the price continues to trade
      The Rule of 3 Reactions MT5
      Carl Gustav Johan Ekstrom
      This simple yet remarkably effective trend-continuation and breakout indicator acts as a powerful tool designed to aid traders in distinguishing genuine trend extensions from false breakouts. Through the utilization of a unique three-time-unit correctional phase guideline, it provides clear signals, offering trading opportunities with attractive risk-reward ratios. Key Features Reliable Signals: The indicator confirms a genuine trend continuation or breakout if the price continues to trade h
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      yewm3286 2024.05.21 02:32 
       

      请问XAUUSD如何填入到参数设置里面,请明示一下,谢谢!

      Carl Gustav Johan Ekstrom
      4391
      Reply from developer Carl Gustav Johan Ekstrom 2024.05.21 08:58
      感谢您的评分和评论!在“货币”参数下添加“XAU”.
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