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SMC Day Trading Session Scanner

30 USD

Published: 16 April 2024

Current version: 1.0

SMC Day Trading Session Scanner

Indicators
Wen Rui Tan
Version: 1.0
Activations: 20

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, 60min, 240min, and Daily ), and I think

this can help greatly with more accurate entry, and a bigger picture view of the direction ( or extremeness ) of the currency

pair. It should help no matter which timeframe you use for your trading style ( the Daily, 240min RSI can help with position

traders, the 60min, 30min RSI can help with swing traders, and the 15min, 5min, and even 1min RSI can help pinpoint more

accurate entries for day traders or session traders ).

3) I also added Session High and Low for all 3 market sessions ( Asian Session, London Session, and New York Session ). With each

session, I have calculated its High price and Low price, and the Pip Distance that current price is away from that Session's High

and Low price.

4) I have also added Alert feature for all these session High and Lows, and you can change the Pip Distance value that you want

the alert to be set, giving you more flexibility and opportunity for your style of trading.

5) I also kept the Pivot column, Previous Day High/Low column, Current Day High/Low column, and Volume column ( which tells

you how active current market is for each symbol ).

I hope this can help your trading and bring you more prosperity!

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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

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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 3. Smart Money Concepts, Support and Resistance, Buy Side Liquidity, Sell Side Liquidity, Monthly Highs/Lows, Weekly High/Lows, Previou

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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

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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.

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