SmartMarketScannerPro Multi Pair Signal Dashboard
- Indicators
- Version: 8.21
- Updated: 3 July 2026
- Activations: 20
User manual: https://www.mql5.com/en/blogs/post/775871
Introductory price 30 USD. The price increases by 10 USD after every 10 sales.
Smart Market Scanner Pro is a multi-symbol, multi-timeframe scanner dashboard for MetaTrader 5. It watches your whole Market Watch list at once and ranks every symbol by a single composite score, so you open the chart that is worth opening instead of clicking through forty of them.
I built it because the pre-session routine was the worst part of my day. Check trend on EURUSD. Check momentum. Check the H4. Check the H1. Move to GBPUSD. Do it again. By the time I reached the last pair, the first one had already moved. The information was all there in the terminal, it was just spread across too many charts to be usable.
The scanner collects that information in the background and presents it as one sorted list. You read the top of the list, not the whole market.
What it does
Every symbol you select is scored from 0 to 100 by five independent modules:
- Trend strength - direction, slope and persistence of the move, so weak or stalling trends are scored down rather than treated as valid.
- Momentum convergence - rate of change measured against price. New highs on falling momentum reduce the score; momentum accelerating with the trend raises it.
- Volatility expansion - ATR and standard deviation, used to find symbols leaving a quiet range rather than symbols already extended.
- Market structure - swing highs, swing lows and structural breaks, so the score stays tied to what price actually did.
- Multi-timeframe alignment - the same reading repeated on your chosen timeframes, for example M15, H1, H4 and D1, and rewarded only when they agree.
The five results combine into one composite score. The dashboard sorts by that score and colours the heatmap accordingly, so the strongest technical conditions sit at the top of the panel.
How you read the score
- 90 to 100 - strong multi-timeframe alignment. Review these first.
- 80 to 89 - clear trend and momentum agreement. Watchlist candidates.
- 70 to 79 - momentum present, alignment incomplete. Wait for a trigger.
- 60 to 69 - timeframes disagree or momentum is fading. Manual analysis required.
- Below 60 - ranging, quiet or exhausted. Usually skipped for trend strategies.
Set a minimum score in the inputs and anything below it disappears from the panel. Most users run 75 or 80 and simply stop seeing the noise.
A typical session
Put the symbols you care about in Market Watch. Pick your timeframes. Attach the indicator to any one chart. Read the top three rows. Open those charts, do your own analysis, and take the trade your plan allows. That is the whole workflow, and it takes about ninety seconds instead of forty minutes.
Alerts
When a symbol crosses your score threshold, or when full multi-timeframe alignment appears, the scanner can raise a terminal pop-up, a push notification to the MT5 mobile app, an email, or a sound. Alerts are rate-limited so a choppy session does not empty your phone battery. All of them are off until you turn them on.
Settings you will actually touch
- Minimum score threshold
- Timeframes to scan
- Custom symbol list
- Suffix and prefix handling for brokers that use names like EURUSDm or #EURUSD
- Update mode - every tick or on candle close
- Dashboard position, font size and colours
What it is not
It is not an Expert Advisor. It does not open, modify or close orders. It does not give entry, stop-loss or take-profit levels. It is not a signal service and it makes no claim about future results. It is a filter that decides which charts deserve your attention; the trade decision stays with you.
Compatibility and performance
Works on any MetaTrader 5 broker and any asset class in your terminal: forex, gold, indices, commodities and crypto CFDs. Scanning 20 to 40 symbols is the comfortable range. If you scan more and the terminal feels heavy, switch the update mode to candle close. Broker suffixes and prefixes are handled automatically; if a symbol shows N/A, add it to the custom symbol list exactly as your broker names it.
The calculation uses closed bars plus the live tick. It does not repaint history.
Questions
Does it repaint? No. Scores are built from closed-bar data plus the current tick.
Does it trade for me? No. It ranks symbols. You trade.
How many symbols can it handle? Technically your whole Market Watch. 20 to 40 is the practical range.
Can I use it on a prop firm account? Yes. A high minimum score is a reasonable way to force selectivity, but the drawdown rules are still yours to manage.
Do I need a VPS? Only if you want push alerts to keep arriving with your PC switched off.
Is there a subscription? No. One-time purchase, and updates are free from your MQL5 Purchases page.
I am a beginner, is this for me? The panel is readable from day one, but the score only means something if you can read price action yourself. It organises analysis, it does not replace it.
Risk
Trading foreign exchange, commodities, indices and cryptocurrencies carries a high level of risk and is not suitable for every investor. Leverage works in both directions. This is a technical analysis tool, not financial advice, and past behaviour of any score does not indicate future results. Every trading decision and its outcome remain yours.
