Advanced Trend Scanner
Advanced Trend Scanner identifies major trends and trend reversals by blue and red lines and white arrows.
Our tools may or may not work for you, so we strongly suggest to try the demo version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
We want your good reviews, so test it for free and we hope you will find it useful.
Advanced Trend Scanner identifies major trends while filtering out short term pullbacks and whipsaws.
It uses a moving average and a smoothing technique for valid trend reversal signals. Works in any pair and timeframe.
- Flexible tool, can be used in many ways to improve a trading system
- Email alert option for price level, currency pair, and time
- Alert box option for price level, currency pair, and time
- Entry Signals: will depend on your trading system
- Valid Buy Setup
- White UP reversal arrow
- Blue line
- Optional: price broke through a cloud from below in Ichimoku indicator
- Valid Sell Setup
- White DOWN reversal arrow
- Red line
- Optional: price broke through a cloud from above in Ichimoku indicator
- Exit Strategy
- Exit will depend on your trading system
- Support/Resistance Areas
- Reversal signal arrows
- Trailing stops
- Day Trading and Swing: M15, M30, H1, D1, or W1 for 24/7
- Supporting Tool
- Ideally combined with other trend tools such as Ichimoku
- Increase probabilities by trading with the trend using Advanced Trend Filter
- Avoid false signals by combining with Advanced Trend Filter
- Never repaints
- Never backpaints
- Never recalculates
- Signals strictly on the "Close of the bar"
- Compatible with Expert Advisor development