Swap Scanner Pro MT5

A carry trade can quietly collect swap for three months and then lose all of it to price movement in a week.

What matters is not the size of the swap but its size relative to how much the symbol moves. The raw column in your terminal cannot answer that: the figures are published in different units, the contracts are different sizes, and the volatility differs by an order of magnitude. Those numbers were never comparable with each other.

Swap Scanner converts every symbol to a single figure in your deposit currency, annualises it against the notional value of one lot, and places it next to that symbol's own annualised volatility. The ratio between the two is the EFF column: how much price fluctuation you carry for each unit of interest. The panel does not open, modify or close orders and does not generate trading signals.

A swap may be published in different units depending on the symbol: in points, in the base currency, in the margin currency, in the deposit currency, as an annual interest percentage, or as points added when a position is reopened. Swap Scanner reads the calculation mode reported by the terminal for each symbol and reduces every mode to a single figure expressed in the account currency, so that a value on one row can be read against a value on another row. The conversion is derived from tick value and contract size and therefore also applies to symbols carrying a broker prefix or suffix.

Panel columns

- SYMBOL: the symbol name as supplied by the broker.
- SWAP L and SWAP S: the daily swap for a long and for a short position, converted into the deposit currency and scaled by the lot size set in the inputs. Positive values are credits, negative values are costs.
- DIR: the side with the higher swap value. A dash is shown when both sides are negative.
- CARRY%/y: the swap of the DIR side annualised and expressed as a percentage of the notional value of one lot. This is the figure that places different symbols on the same scale.
- VOL%/y: annualised volatility, calculated as the standard deviation of daily logarithmic returns over the lookback period, scaled by the square root of 252.
- EFF: CARRY%/y divided by VOL%/y. It expresses the size of the swap relative to the price fluctuation of the same symbol.
- TREND: the position of the current daily close relative to a daily exponential moving average, shown as UP, DOWN or FLAT.
- STATUS: a summary label derived from EFF and from whether DIR matches TREND. The labels are PRIME, HIGH, GOOD, OK and WEAK. COST is shown when both swap sides are negative, NONE when no swap is charged on either side, and LOWVOL when volatility falls below the threshold described below.

The information line above the table shows the account currency, the lot size used for the cash columns, the number of symbols read, the number of symbols that returned no data, the countdown to the next triple swap rollover, and the time of the last refresh.

Input parameters

Symbols and refresh

- Symbol source: read all Market Watch symbols, or use the custom list below.
- Custom list: comma separated symbol names, spelled exactly as the broker spells them.
- Add custom symbols to Market Watch (MetaTrader 5 version): when enabled, symbols named in the custom list that are not yet visible are selected automatically.
- Maximum rows displayed: the number of table rows.
- Sort by: efficiency ratio, annualised carry, daily cash amount, or symbol name.
- Show positive carry only: hides rows where both swap sides are negative.
- Refresh interval: seconds between recalculations.

Calculation

- Lot size for cash columns: affects the SWAP L and SWAP S columns only. The percentage columns are independent of lot size.
- Volatility lookback: the number of daily bars used for the volatility calculation.
- Trend EMA period: the period of the daily exponential moving average used for the TREND column.
- Days per year: the multiplier used when annualising the daily swap.
- Day basis for interest-type swap: used only for symbols whose swap is published as an annual interest percentage.
- Min volatility % for rating: the efficiency ratio divides carry by volatility, so a very small volatility figure produces a large ratio. When this parameter is set above zero, symbols whose annualised volatility falls below the value are labelled LOWVOL and receive no PRIME, HIGH, GOOD or OK rating. The EFF number itself is still displayed, so nothing is hidden from view. Managed or pegged currencies are the usual case for this. The default of zero disables the filter.
- Margin currency (MetaTrader 4 version): how the margin currency is interpreted for symbols that publish their swap in that currency.
- Triple swap weekday: the weekday used for the countdown. In the MetaTrader 5 version the Auto setting reads it from the symbol specification; a fixed weekday can also be selected. In the MetaTrader 4 version the weekday is set here directly. Brokers differ, so check the specification of your own broker.
- Server rollover hour: the hour of the server day used together with the weekday above.

Panel behaviour

- Panel move mode: double-click the title bar to unlock the panel and drag it, then double-click again to lock it. Alternatively the title bar can be dragged directly.
- Double-click threshold: the maximum interval in milliseconds between the two clicks.

Panel appearance

- Initial position, row height, font name, font size, and the colours of the background, text and value states.

Notes

Symbols must be present in the Market Watch window. In the MetaTrader 5 version the panel can add the symbols of the custom list itself, unless that option is switched off. In the MetaTrader 4 version, press Ctrl+U and show the symbols you want to monitor. When the Market Watch source is selected, the panel reads whichever symbols are currently shown there. A symbol counted as N/A in the information line is either unknown to the broker or spelled differently, for example with a suffix.

The VOL%/y, EFF and TREND columns require at least 21 daily bars. Newly added symbols display three dots until the terminal has downloaded the history. The swap columns and CARRY%/y do not depend on history and appear immediately.

Swap rates are set by the broker and can be changed at any time. The panel reports the values currently published by the terminal.

The panel can be attached to any chart and any timeframe. Calculations are performed on the daily data of the listed symbols and do not depend on the timeframe of the host chart. Monitoring twenty to forty symbols is suggested; loading several hundred symbols into Market Watch increases the time needed for each refresh.

Disclaimer

This is an analysis and information tool. It does not open, modify or close positions and does not produce trading signals. Please test it on a demo account and manage your own risk.

If you find this tool useful, a rating or review is appreciated. For questions or feature requests, please use the Comments section of this product page.

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Each buyer of this indicator also receives the following for free: The custom utility "Bomber Utility", which automatically manages every trade, sets Stop Loss and Take Profit levels, and closes trades according to the rules of this strategy Set files for configuring the indicator for various assets Set files for configuring Bomber Utility in the following modes: "Minimum Risk", "Balanced Risk", and "Wait-and-See Strategy" A step-by-step video manual to help you quickly install, configure, and
Tokyo mt5 Indicator
Vasiliy Strukov
5 (15)
Tokyo Indicator provides a clear visual overview of trend direction, potential trading signals, and market conditions. Its colour-coded, stepped trend line distinguishes bullish phases in blue from bearish phases in magenta. Matching directional arrows highlight potential buying and selling opportunities when the displayed trend changes. An integrated dashboard brings together the current signal, market bias, momentum, volatility, and signal quality in one convenient view. This allows traders t
Power Candles MT5
Daniel Stein
4.58 (12)
Power Candles - Self-Optimizing Strength Indicator Strength usually lives in a sub-window. The line runs below, the candle above, and your eye keeps connecting the two. Power Candles puts the strength into the candle itself, colored from dark red to dark green, so the chart reads at a glance and the sub-window stays closed. The indicator also finds its own settings for the symbol and timeframe in front of you. One click on [ Apply Best ] draws entry, Stop Loss and Take Profit at the exact prices
Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
Naked Forex Tweezer Pro Indicator Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the     best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Twe
Auto Optimized SpeedAngle is an institutional-grade momentum vectoring system that eliminates curve-fitting through continuous Walk-Forward Optimization (WFO). Rather than relying on static inputs that degrade when market regimes shift, the indicator dynamically recalibrates its parameters using Out-of-Sample (OOS) validation, ensuring the displayed signals represent genuine statistical edges rather than historical anomalies. By shifting the focus from subjective visual angles to normalized, qua
Smc Pro ToolKit
Talal N Z Aljarusha
5 (13)
SMC PRO TOOLKIT — SMART MONEY ANALYSIS & STRUCTURED TRADE PLANNING SMC Pro ToolKit is a professional Smart Money Concepts analysis workspace for MetaTrader 5. It combines market structure, multi-timeframe analysis, institutional price zones, setup evaluation, confirmation tools, volume context, alerts, and risk planning inside one organized chart environment. One workspace. Multiple layers of confirmation. One structured trading plan. OPEN COMPLETE USER GUIDE MULTI-CONDITION SETUP ENGINE At
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Part of the ICT / Smart Money Toolkit. This tool works best alongside my other ICT/SMC indicators — the Session Kill Zones and this Market Structure tool — available for both MT4 and MT5. Combine session timing with market structure for confluence entries, and search my seller profile to find the full suite. Market Structure Pro is a Smart Money Concepts (SMC) indicator based on ICT methodology. It automatically detects market structure and institutional price zones, and provides a complete buf
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Part of the ICT / Smart Money Toolkit. This tool works best alongside my other ICT/SMC indicators — the Session Kill Zones and this Market Structure tool — available for both MT4 and MT5. Combine session timing with market structure for confluence entries, and search my seller profile to find the full suite. Market Structure Pro is a Smart Money Concepts (SMC) indicator based on ICT methodology. It automatically detects market structure and institutional price zones, and provides a complete buf
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Overview Market Volume Profile Modes is a powerful MT5 volume distribution indicator that integrates multiple Volume Profile variants. Users can switch between different analysis modes through a simple menu selection. This indicator helps traders identify key price levels, support and resistance zones, and market volume distribution. Core Concepts • POC (Point of Control): The price level with the highest volume concentration, representing the market's accepted "fair value" area • VAH (Value A
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This indicator plots configurable trading-session boxes on the chart, extends each session's high and low forward as horizontal levels, and can alert when price returns to touch them. Session start times follow a broker-server-to-New-York offset, so the boxes align correctly regardless of your broker's timezone. The indicator draws five independent sessions — Asia, London, NY AM, NY Lunch and NY PM — and each one has its own enable switch, start time, duration and colour, shown either as filled
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Market Volume Profile Modes MT4 is an analytical indicator that displays the distribution of traded volume across price levels directly on the chart. For a given price range, it divides the vertical price span into a configurable number of rows and accumulates tick volume into each row, then renders the result as horizontal histogram bars. Each row is split into a bullish and a bearish portion based on whether the contributing candles closed up or down, so the buying and selling share of activit
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Market Structure and Order Block Pro This indicator is a technical analysis tool for MetaTrader 4 designed to visualize price action patterns based on institutional trading methodologies. It provides automated mapping of market structure, supply/demand zones, and liquidity levels, featuring a comprehensive buffer system for EA integration. Core Functionalities Market Structure Detection: Identifies Break of Structure (BOS) and Change of Character (CHoCH) on both internal and swing levels. Order
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This indicator plots configurable trading-session boxes on the chart, extends each session's high and low forward as horizontal levels, and can alert when price returns to touch them. Session start times follow a broker-server-to-New-York offset, so the boxes align correctly regardless of your broker's timezone. The indicator draws five independent sessions — Asia, London, NY AM, NY Lunch and NY PM — and each one has its own enable switch, start time, duration and colour, shown either as filled
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Divergence Scanner Multi Oscillator searches for regular and hidden divergences across ten oscillators at the same time and marks the bars where several of them agree. Instead of watching RSI, MACD and Stochastic in separate windows, the indicator scans them all on every bar and labels the chart with the names of the oscillators that are diverging, so confluence is visible at a glance. The scanner covers MACD, MACD Histogram, RSI, Stochastic, CCI, Momentum, OBV, VWMACD, CMF (Chaikin Money Flow
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Divergence Scanner Multi Oscillator searches for regular and hidden divergences across ten oscillators at the same time and marks the bars where several of them agree. Instead of watching RSI, MACD and Stochastic in separate windows, the indicator scans them all on every bar and labels the chart with the names of the oscillators that are diverging, so confluence is visible at a glance. The scanner covers MACD, MACD Histogram, RSI, Stochastic, CCI, Momentum, OBV, VWMACD, CMF (Chaikin Money Flow
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Triple Screen Impulse System is a chart-window indicator that implements the three-screen structure described by Alexander Elder, using the Impulse System on two periods and the Force Index on a third. Its output is an arrow, printed only when all three screens permit the same direction. Each screen can also be drawn on the chart, so the state behind an arrow — or behind the absence of one — is visible rather than left to be inferred. No trade levels are drawn, because the indicator answers one
Impulse System MTF colours the candles on your chart according to the Impulse System described by Alexander Elder, and can take that colouring from a higher timeframe instead of the one you are looking at. The Impulse System combines one trend measure and one momentum measure: an exponential moving average of the close, and the histogram of the MACD. When both are rising the bar is green, when both are falling it is red, and when the two disagree it is blue. What makes the three states useful
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Triple Screen Impulse System is a chart-window indicator that implements the three-screen structure described by Alexander Elder, using the Impulse System on two periods and the Force Index on a third. Its output is an arrow, printed only when all three screens permit the same direction. Each screen can also be drawn on the chart, so the state behind an arrow — or behind the absence of one — is visible rather than left to be inferred. No trade levels are drawn, because the indicator answers one
Tandem is a local trade copier for MetaTrader. It copies trades between terminals that run on the same computer or VPS: from MT4 to MT4, MT4 to MT5, MT5 to MT5 and MT5 to MT4. There is one version for each platform, and the two work together. I built it around a single Expert Advisor for both sides. You attach it to a chart in each terminal, click MASTER on the account that trades and leave SLAVE on the accounts that should follow. As long as they use the same channel number, the slaves pick up
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Impulse System MTF colours the candles on your chart according to the Impulse System described by Alexander Elder, and can take that colouring from a higher timeframe instead of the one you are looking at. The Impulse System combines one trend measure and one momentum measure: an exponential moving average of the close, and the histogram of the MACD. When both are rising the bar is green, when both are falling it is red, and when the two disagree it is blue. What makes the three states useful
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Tandem is a local trade copier for MetaTrader. It copies trades between terminals that run on the same computer or VPS: from MT4 to MT4, MT4 to MT5, MT5 to MT5 and MT5 to MT4. There is one version for each platform, and the two work together. I built it around a single Expert Advisor for both sides. You attach it to a chart in each terminal, click MASTER on the account that trades and leave SLAVE on the accounts that should follow. As long as they use the same channel number, the slaves pick up
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Force Index MTF is an advanced implementation of the classical Force Index oscillator, enhanced with multi-timeframe (MTF) capabilities. By calculating the product of price movement and volume, it quantifies the raw power behind market fluctuations, helping traders distinguish significant trend continuations from minor pullbacks. As a momentum-volume oscillator, the Force Index measures the strength of buyers and sellers. Positive values indicate dominant buying pressure (accumulation), negative
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A carry trade can quietly collect swap for three months and then lose all of it to price movement in a week. What matters is not the size of the swap but its size relative to how much the symbol moves. The raw column in your terminal cannot answer that: the figures are published in different units, the contracts are different sizes, and the volatility differs by an order of magnitude. Those numbers were never comparable with each other. Swap Scanner converts every symbol to a single figure in
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Enhanced MACD MT4 – Advanced Momentum and Trend Oscillator The Enhanced MACD MT4 is a versatile technical analysis tool that builds upon the classic Moving Average Convergence Divergence framework. It provides a refined 4-color histogram system and a comprehensive notification engine, designed to visualize momentum shifts and trend reversals with high precision. Functional Overview This implementation focuses on providing a clear visual representation of market dynamics through three primary com
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This trading system requires the user to manually add Fibonacci, trend lines, horizontal lines, channel to perform semi-automatic or manual trading. The trading system can also be used in the tester. Trading panel provides: spread information margin information free marging Information The swap information to order for lots (requires your dealer support)
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