Psychological Level Scanner By ScorpionFX

Psychological Level Scanner By ScorpionFX

21 February 2019, 10:40
ScorpionFX
0
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DON'T WASTE YOUR TIME OR MONEY WITH AMATEURS. 

WE HAVE ALMOST 30 YEARS OF INSTITUTIONAL EXPERIENCE. 

AND WE HAVE THE PERFORMANCE RECORD TO BACK IT UP.

     THIS IS A GENERAL OVERVIEW OF THE BENEFITS, FEATURES AND PARAMETERS OF THIS INDICATOR.    

 BUT PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AND WE WOULD BE HAPPY 

TO SEND YOU MANY MORE DETAILS REGARDING THIS INDICATOR AND THE BEST

WAYS TO USE IT. INCLUDING ADVICE ON THE BEST PAIRS TO MONITOR,

BEST TIME FRAMES, BEST SETTINGS ETC.

 

AS WELL AS SOME CRITICALLY IMPORTANT TRADING INFORMATION,

FOR ACHIEVEING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER. 

INCLUDING STRATEGY SELECTION, POSITION SIZING AND LONG TERM TRADING DEVELOPMENT.

                                                            

                                                     PSYCHOLOGICAL LEVEL SCANNER:

 

This indicator has been designed to automatically identify when prices reach major psychological levels.
Also know as 'whole numbers' or 'round numbers', these levels act as price barriers where large amounts of orders
will generally accumulate. And the larger the psychological level, the more orders will generally be placed in that area.

Therefore, these levels can be used to define entries and exits and provide a very strong risk and reward ratio.


IMPORTANT FACTORS TO KEEP IN MIND:

- Studies shows that more orders end in '0' than any other number.

- We recommend levels of at least 100-pip multiples. Such as 100, 1000 etc.


The higher the number, the stronger the psychological significance for that particular level.

And the higher the probability that a large number of institutional orders will be in that area. 


Features:

  • This indicator can monitor all 28 pairs at the same time.
  • You can select to monitor any level you choose. 
  • It will automatically trigger an alert whenever a specified level is reached.
  • It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc. 

- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.

  This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis. 
  And this will allow you to focus on other aspects of your trading. Such as further technical (or fundamental analysis).
  This will also give you more time to find other trading opportunities. 


Indicator Parameters:

  • Pip Range: Select the pip levels to monitor.
  • For example:

    If you select '50', the indicator will search for 1.1000, 1.1050, 1.1100, 1.1150 etc.

    If you select '100', the indicator will search for 1.1000, 1.1100, 1.1200, 1.1300 etc.

    If you select '250', the indicator will search for 1.1250, 1.1500, 1.1750, 1.2000 etc.

    If you select '500', the indicator will search for 1.1000, 1.1500, 1.2000, 1.2500 etc.

    If you select '1000', the indicator will search for 1.1000, 1.2000, 1.3000, 1.4000 etc.

    • Alert Interval Minutes: Choose time interval for receiving alerts on a specific pair.


              For example:

      Do you wish to be alerted every time price touches the pivot level?

      Or do you prefer to be alerted only one time every 'X' minutes?

      This parameter lets you choose this alert interval.


    • Symbols: The indicator monitors the top 28 pairs by default, but you can select less pairs if you wish.



See the images below for further details.
And contact us if you have any questions.

We reply to all questions within 24 hours. And depending on the total volume
of inquiries that we have, we can sometimes answer in less than 1 hour.

Even on weekends and holidays.  


We are always here to help.    =)



THANK YOU

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                        GENERAL INTRODUCTION: 

  Thank you for taking the time to review our indicators. 

  Please note that we have almost 30 years of institutional experience 
  in the forex market. We work with clients from all over the world.
  And we are (by far) the largest, most experienced and most qualified

  company offering products on this platform.

  If you would like further details regarding our experience and background,
  please take a look at our profile. And you will get a better understanding 
  of our overall trading experience and our approach to the market.

   https://www.mql5.com/en/users/escobedofx21 


                         REGARDING OUR INDICATORS: 

  All of our indicators have been designed through the lens of various 
  institutional trading approaches. And our indicators are currently 
  being used by well over 50,000 retail traders globally.    

  We focus on clean and effective designs for our indicators.
  And our indicators will never clutter your screen with useless
  or unnecessary data or distractions. 

  Please take a look at all the information below and let us know 
  if you have any questions about anything. 

  We are always here to help.


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PSYCHOLOGICAL LEVEL SCANNER 1

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                        GENERAL DESCRIPTION: 

  This indicator monitors all 28 pairs and all the time frames. 
  And it automatically identifies when specific price levels are reached. 
  

  When one of these price levels are reached, it will send you a real time alert. 


                                 VERY IMPORTANT
                                    PLEASE NOTE: 

In addition to forex pairs, this indicator can also monitor any other symbol
that is offered in your Metatrader platform. Including crypto, commodities,

indices, equities, ETF's etc. 

Best of all, this indicator only needs to be placed on one chart.
And it will simultaneously monitor the entire market, all on one screen.
Allowing you to easily find as many trading opportunities as possible. 

This will save you an enormous amount of time and effort. As you won't have to flip

through dozens of charts for analysis. And this will allow you to focus on other aspects

of your trading. Such as further technical or fundamental analysis.


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PSYCHOLOGICAL LEVEL SCANNER 2

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                         SAMPLE ALERT AND NDICATOR PARAMETERS:

When prices reach your specified level, you will receive an alert letting 

you know the instrument, the price level and the market time of the alert. 


PIP RANGE: 

You have full control over which levels you wish to monitor. 


FOR EXAMPLE:

If you select '50', the indicator will search for 1.1000, 1.1050, 1.1100, 1.1150 etc.

If you select '100', the indicator will search for 1.1000, 1.1100, 1.1200, 1.1300 etc.

If you select '250', the indicator will search for 1.1250, 1.1500, 1.1750, 1.2000 etc.

If you select '500', the indicator will search for 1.1000, 1.1500, 1.2000, 1.2500 etc.

If you select '1000', the indicator will search for 1.1000, 1.2000, 1.3000, 1.4000 etc.



MINUTES BETWEEN ALERTS: 

You can choose the time interval for receiving alerts on a given pair (every "X" number of minutes).


FOR EXAMPLE:

If you set this to '60', and you get a signal on the EURUSD, then you will

only receive an alert for this pair once every 60 minutes (once per hour). 

This is very helpful if you want to avoid receiving continuous repetitive 

alerts for the same pair.  


PAIRS TO MONITOR: 

You have full control over which pairs you would like to monitor. 
The indicator monitors all 28 pairs by default. But you can choose 

to monitor fewer pairs if you wish. 


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PLEASE LET US KNOW IF YOU HAVE ANY QUESTIONS ABOUT ANYTHING YOU SEE HERE. 
AND PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AS WE WOULD BE HAPPY 

TO SEND YOU FULL DETAILS FOR THE BEST WAYS TO USE THIS POWERFUL INDICATOR.

INCLUDING SOME VALUABLE ADVICE ON THE BEST PAIRS TO MONITOR, BEST TIME FRAMES, 
BEST SETTINGS ETC. AS WELL AS SOME VERY, VERY IMPORTANT TRADING INFORMATION. 

FOR ACHIEVING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER. 

THANKS AGAIN FOR REVIEWING OUR INDICATORS.

AND WE LOOK FORWARD TO WORKING WITH YOU SOON. 


Best Regards, 

Support Team

ScorpionFX.com


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