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Smart Market Structure Opportunity Scanner Try

5

1. Updated usage instructions in blog below: 

Smart Market Structure Trading System and Automatic Scanner - Trading Systems - 13 October 2023 - Traders' Blogs (mql5.com)

https://www.mql5.com/en/blogs/post/754495

2. The Smart Market Structure Opportunity Scanner is a great tool to find trading entries and exits based on Smart Money

Concepts. It has a build-in custom choice of Forex pair lists to choose from for the scan, and it also has a user-defined

entry choice to put down your own list of Forex, Crypto, Index or any markets that you're interested in following to find

great opportunities for entries and exits. 


By default, it will scan the whole 28 list of forex pairs, and display in real time the Highest and Lowest values on Today,

Yesterday, the Week, the Month, 2 Months, 3 Months, 6 Months, 12 Months and 24 Months. And it displays the price

difference of current value of all forex pairs to those Highest/Lowest values, and shows the pip difference on a graphic

form in real time. 


Based on the Smart Money Concepts, these important Higher Timeframe High and Low values are what smart money

(institutions) use for their entries and exits. 


It also gives the user the option to choose and change the color settings, and alerts based on the pip difference levels.

For example, when we set the 30-pip difference on 2-month or 3-month charts, it will highlight all pairs that has <= 30

pip from its highest or lowest values of this time periods. 


This way, there is no need to flipping charts of different pairs to find which pairs are closer to an important price level

and are at a prime time for entry. It will help greatly to find low-risk opportunities to trade, and not have to wait for

days or weeks before an opportunity is ready, no matter what your trading timeframe is. 


- Columns for 6 days of ATR ( Average True Range ) for the whole week, plus one day. We could see the maximum price

movements for each day for the last 6 trading days for all pairs. It can help us pinpoint the pairs that were consolidating

in the last few days and would have big impulse move soon. It can also help us pinpoint the pairs that have just finished

big impulse moves and may reverse soon. 


- 6 color settings for 6 custom levels of ATR ( for example, to set the color to yellow when ATR is less than 30 pips in one

day,  or set the color to OrangeRed when ATR is greater than 200 pips in one day. ) The best part is you can decide the

pip distance levels in the input screen for your own specific trading needs.


- 6 color settings for 6 custom levels of Higher-Level Highs and Lows.  ( for example, to set the color to yellow when

current price is less than 5 pips to a higher-level High/Low,  or set the color to Violet when current price is in between

100 pips and 200 pips to a Higher-level High/Low. )  You can choose the pip distance in the input screen to fine-tune the

level you want to be noticed about.


- For example, I have pre-set the pip distance to 5 pips for yellow color for Yesterday's High/Low, Today's High/Low, and

Pivot columns. It'll be so easy to pick up the most accurate Double tops and Double bottoms for day-trading with the 5-pip

setting, as color Yellow would highlight all the pairs in real time when price approaches Yesterday's High/Low, and Today's

High/Low. It's just one example on how to take advantage of the vast calculating power for a day trader, to get the most

accurate entry price without waiting anxiously for a long time for price to get to these levels that Smart Money uses for

reversals on the daily basis. 


- With pivots, you can even set the pip distance to 1 or 2 pips to be notified with the color settings you prefer, and trade

from one pivot level to another pivot level. This one tip alone, would provide countless opportunities for day trading based

on price move in between pivots for all forex pairs. With one glance over the table, you'll see which pair is only 1 or 2 pip

away from a major pivot level and may reverse from there imminently. It's just a great tool to find super accurate entry

opportunities without much waiting. And super accurate entry point is more than half of the battle for trading success! 


- Alert function options for all signals, including Alert Messages on MT4 desktop app,  push notification to mobile phone MT4

app, sound notifications, and email notifications. 

- The ability to write all signals to an output file under MQL4/File directory. So users would have the luxury to examine

today's signals at ease anytime, and prepare for his/her next trade. 

- All signals ( pip distance to significant levels ) can be customized at the input screen. 

- The display panel would show all the pip distances for all pairs and for all the Higher Level High/Lows. So user can decide

to trade into the HTF High/Low level with the trend direction, or wait for reversal when current price gets close to these

levels. One more option for the trader to decide based on his/her own preference.  


-------------------------------------------------------------------------------------------------------------------------------------------------------

Please let me know if you have any questions. I hope this can help your trading greatly. 



Bewertungen 2
Aravind Kolanupaka
8860
Aravind Kolanupaka 2023.10.29 15:46 
 

Good one, but what is the difference between this try version and paid one ?

arpiadi
15
arpiadi 2023.10.12 10:54 
 

i confused . how to use it ??? on trading .

how reading this indicator ?

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Zunächst einmal ist es wichtig zu betonen, dass dieses Handelstool ein Nicht-Repaint-, Nicht-Redraw- und Nicht-Verzögerungsindikator ist, was es ideal für professionelles Trading macht. Online-Kurs, Benutzerhandbuch und Demo. Der Smart Price Action Concepts Indikator ist ein sehr leistungsstarkes Werkzeug sowohl für neue als auch erfahrene Händler. Er vereint mehr als 20 nützliche Indikatoren in einem und kombiniert fortgeschrittene Handelsideen wie die Analyse des Inner Circle Traders und Stra
DERZEIT 31% RABATT! Die beste Lösung für jeden Newbie oder Expert Trader! Dieser Indikator ist ein einzigartiges, qualitativ hochwertiges und erschwingliches Handelsinstrument, da wir eine Reihe von proprietären Funktionen und eine geheime Formel eingebaut haben. Mit nur EINEM Chart liefert er Alerts für alle 28 Währungspaare. Stellen Sie sich vor, wie sich Ihr Handel verbessern wird, weil Sie in der Lage sind, den genauen Auslösepunkt eines neuen Trends oder einer Scalping-Gelegenheit zu e
Currency Strength Wizard ist ein sehr leistungsstarker Indikator, der Ihnen eine Komplettlösung für erfolgreichen Handel bietet. Der Indikator berechnet die Stärke dieses oder jenes Forex-Paares anhand der Daten aller Währungen in mehreren Zeitrahmen. Diese Daten werden in Form von benutzerfreundlichen Währungsindizes und Währungsstärkelinien dargestellt, anhand derer Sie die Stärke dieser oder jener Währung erkennen können. Sie müssen lediglich den Indikator an das Diagramm anhängen, mit dem Si
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Alexey Minkov
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An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate their statistics and profitability. Scalper Inside
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Oleg Rodin
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PRO Renko System ist ein hochpräzises Handelssystem, das speziell für den Handel mit RENKO-Charts entwickelt wurde. Dies ist ein universelles System, das auf verschiedene Handelsinstrumente angewendet werden kann. Das System neutralisiert effektiv so genannte Marktgeräusche, die Ihnen Zugang zu genauen Umkehrsignalen geben. Der Indikator ist sehr einfach zu bedienen und hat nur einen Parameter, der für die Signalerzeugung verantwortlich ist. Sie können das Tool einfach an jedes Handelsinstr
Derzeit 20% Rabatt! Die beste Lösung für jeden Neueinsteiger oder Expert Händler! Dieses Dashboard arbeitet mit 28 Währungspaaren. Es basiert auf 2 unserer Hauptindikatoren (Advanced Currency Strength 28 und Advanced Currency Impulse). Es bietet einen hervorragenden Überblick über den gesamten Forex-Markt. Es zeigt die Werte der Advanced Currency Strength, die Veränderungsrate der Währungen und die Signale für 28 Devisenpaare in allen (9) Zeitrahmen. Stellen Sie sich vor, wie sich Ihr Hande
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Stefano Frisetti
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Ramil Minniakhmetov
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Altan Karakaya
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Mohamed Hassan
5 (20)
This indicator is unstoppable when combined with our other indicator called Katana. After purchase, send us a message and you could get Katana for FREE as a BONUS After purchase, send us a private message for your instructions.  MT5 version: click here 3 copies left available at $45. Next price is $95. Don't miss this great deal!  The Trend Forecasting indicator is a very unique & easy tool that is able to make prediction about future price movement based on the signals generated
Weitere Produkte dieses Autors
1. Updated usage instructions in blog below:  Smart Market Structure Trading System and Automatic Scanner - Trading Systems - 13 October 2023 - Traders' Blogs (mql5.com) https://www.mql5.com/en/blogs/post/754495 2.1 YouTube video link for introduction:   https://youtu.be/tMU04wo0bc8 2.2 YouTube video link for "Added buttons":  https://youtu.be/hKaijMARwWk&nbsp   3. Smart Money Concepts, Support and Resistance, Buy Side Liquidity, Sell Side Liquidity, Monthly Highs/Lows, Weekly High/Lows, Previou
1. Updated usage instructions in blog below:  Smart Market Structure Trading System and Automatic Scanner - Trading Systems - 13 October 2023 - Traders' Blogs (mql5.com) https://www.mql5.com/en/blogs/post/754495 2. YouTube video link for introduction:   https://youtu.be/tMU04wo0bc8 3. The Smart Market Structure Opportunity Scanner is a great tool to find trading entries and exits based on Smart Money Concepts. It has a build-in custom choice of Forex pair lists to choose from for the scan, and
This trial scanner works with the other "Smart Market Structure Opportunity Scanner", and is basically an extension of that scanner with added features to find more accurate entry opportunities for day trading or refined swing trading.  The most important added features are:  1) The ADRs ( Average Daily Range ) for the last 5 days would have color and  +/- sign that shows the direction of each days ADR     move.  2) I added RSI values for each of the trading timeframes ( 1min, 5min, 15min, 30min
FREE
This indicator will monitor all open trades in the account, no matter how many Symbols there are.  It will also show the total lotsize for all open trades, and total Profit & Loss for all open trades.  It's a very handy tool when you have multiple open trades for multiple symbols.  It's mostly to give you a list view of all your open trades in real time, with real time P&L.  It will also give you an idea the total lot size that's used in comparison to the account balance. 
FREE
This scanner works with the other "Smart Market Structure Opportunity Scanner", and is basically an extension of that scanner  with added features to find more accurate entry opportunities for day trading or refined swing trading.  The most important added features are:  1) The ADRs ( Average Daily Range ) for the last 5 days would have color and  +/- sign that shows the direction of each days ADR     move.  2) I added RSI values for each of the trading timeframes ( 1min, 5min, 15min, 30min, 60m
Auswahl:
Aravind Kolanupaka
8860
Aravind Kolanupaka 2023.10.29 15:46 
 

Good one, but what is the difference between this try version and paid one ?

Wen Rui Tan
2484
Antwort vom Entwickler Wen Rui Tan 2023.10.30 05:41
Hi Aravind, thank you for your review, and your question. The basic features are the same, I’m adding more advanced functions for the paid version consistently, so you would keep getting more features for the paid version over time with the constant updates.
arpiadi
15
arpiadi 2023.10.12 10:54 
 

i confused . how to use it ??? on trading .

how reading this indicator ?

Wen Rui Tan
2484
Antwort vom Entwickler Wen Rui Tan 2023.10.13 01:18
Hi arpiadi, Thank you for your review, and your questions. Here are the detailed step-by-step instructions to explain how to use this indicator in your trading. Here is the link: https://www.mql5.com/en/blogs/post/754495
Antwort auf eine Rezension
Version 4.0 2024.05.15
Trial Version update. with the latest features.
It works on all EUR pairs.
Version 3.8 2024.03.27
Version 3.8.
Minor fixes.
Version 3.7 2023.12.20
minor updates.
Version 3.6 2023.11.29
some updates and fixes.
Version 3.4 2023.11.21
minor fixes.
Version 3.3 2023.11.07
minor patch
Version 3.1 2023.11.02
minor fixes.
Version 3.0 2023.11.02
Version 3.0:

- Added Alert function options for all signals, including Alert Messages on MT4 desktop app, push notification to mobile phone MT4 app,
sound notifications, and email notifications.
- Also added the ability to write all signals to an output file under MQL4/File directory. So users would have the luxury to examine today's
signals at ease anytime, and prepare for his/her next trade.
- All signals ( pip distance to significant levels ) can be customized at the input screen.
- the display panel would show all the pip distances for all pairs and for all the Higher Level High/Lows instead of only showing significant
ones before. So user can decide to trade into the HTF High/Low level with the trend direction, or wait for reversal when current price
gets close to these levels. One more option for the trader to decide based on his/her own preference.

Version 2.0 2023.10.29


Version 2.0:

- Added Columns for 6 days of ATR ( Average True Range ) for the whole week, plus one day. This way we could see the maximum
price movements for each day for the last 6 trading days for all pairs. It can help us pinpoint the pairs that were consolidating in
the last few days and would have big impulse move soon. It can also help us pinpoint the pairs that have just finished big impluse
moves and may reverse soon.

- I added 6 color settings for 6 custom levels of ATR ( for example, to set the color to yellow when ATR is less than 30 pips in one
day, or set the color to OrangeRed when ATR is greater than 200 pips in one day. ) The best part is you can decide the pip
distance levels in the input screen for your own specific trading needs.

- I also added 6 color settings for 6 custom levels of Higher-Level Highs and Lows. ( for example, to set the color to yellow when
current price is less than 5 pips to a higher-level High/Low, or set the color to Violet when current price is in between 100 pips
and 200 pips to a Higher-level High/Low. ) You can choose the pip distance in the input screen to fine-tune the level you want
to be noticed about.

- For example, I have pre-set the pip distance to 5 pips for yellow color for Yesterday's High/Low, Today's High/Low, and Pivot
columns. It'll be so easy to pick up the most accurate Double tops and Double bottoms for day-trading with the 5-pip setting,
as color Yellow would highlight all the pairs in real time when price approaches Yesterday's High/Low, and Today's High/Low.
It's just one example on how to take advantage of the vast calculating power for a day trader, to get the most accurate entry
price without waiting anxiously for a long time for price to get to these levels that Smart Money uses for reversals on the daily
basis.

- With pivots, you can even set the pip distance to 1 or 2 pips to be notified with the color settings you prefer, and trade from
one pivot level to another pivot level. This one tip alone, would provide countless opportunities for day trading based on price
move in between pivots for all forex pairs. With one glance over the table, you'll see which pair is only 1 or 2 pip away from a
major pivot level and may reverse from there imminently. It's just a great tool to find super accurate entry opportunities
without much waiting. And super accurate entry point is more than half of the battle for trading success!