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Market Screener for MT4

5

This is a screener that allows to identify assets that are more than usually overbought (% growth)or oversold (% fall) within a selected period of time (time frame).

The market is ruled by the law, buy cheaper, sell more expensive, but without an automatic scanner it is very difficult to identify assets overbought or oversold, say, within the current week, or the current hour, or month.

There can be dozens or hundreds of instruments, sometimes it is simply not possible to physically analyze everything manually, these problems can be easily solved using the Screener

What Screener can do

  • the scanner can be used on any TF
  • the scanner works with currencies, stocks, cryptocurrencies, commodities, indices and other instruments
  • the logic of identifying assets is universal since it is based on the fundamental laws of the market
  • with the help of the screener, you can work according to different strategies, one of the most common will be Pump and Dump

PROMO BUY 1 GET 2 FREE -  

https://www.mql5.com/ru/blogs/post/754575


Revealing the average value for each instrument – the screener  SoftimoTrade Screener not only determines the overbought and oversold condition of the asset at the TF you have chosen, but also calculates the average price change for the selected time period for this instrument.

Further, all instruments whose current growth or decline rate is higher than usual are colored in the color of your choice, after which the selected instruments can be opened separately and proceed to a more detailed analysis.

A variant of the strategy using a screener

  • for the Overbought Assets ↓ table, we are looking for assets whose current overbought index is higher than usual, go to the chart, analyze the asset in more detail, and if we see an interesting entry point, sell the asset along the trend.
  • for an upward Oversold ↑, we look for assets whose current oversold index is higher than usual, go to the chart, analyze the asset in more detail, and if we see an interesting entry point, buy the asset following the trend.

We expose SL / TP within your trading system.

By a more detailed analysis, I mean consideration of levels, a trend on other timeframes, a fundamental picture for the selected instrument, etc.

V ariables

== Main settings ==

Pressing the “A” buttonin the overbought table sorts and displays only those instruments whose overbought value is greater than usual. These tools are interesting for finding sales.
The button “A” property is similar for a table with oversold assets.

Choosing a template indicator to open by click -select a template for opening a tool by click. Each cell has a link to open this chart, we recommend creating a new template with the iPump indicator, and give a name to the iPump indicator template, then when you click on the link you will see the indicator automatically load on the chart. Here is the instruction – https://c.mql5.com/6/896/27n_mb4y51ur.png

 == Trend Calculation ==

 Time frame of the main trend – the time frame of the main trend, when you select the “One Trend” button, then the tools are sorted by this TF

Secondary Trend Time Frame – the time frame of the secondary trend, when you select the “Two Trend” button, then the tools are sorted by the coincidence of the secondary trend with the main one.

 == Average Calculation ==

 Default multiplication coefficient of the average value – the default multiplication coefficient of the average value, the meaning of this setting is to multiply the average by the number specified in this setting, this allows you to find assets that are currently overbought or resold at 1.5 / 2, etc. time

Reviews 1
krisnara123
1793
krisnara123 2022.02.06 17:54 
 

Nice screener that sorts instruments by percentage changes rising and falling. Also clicking on the instruments opens the chart with templates.This provides are a better management of symbols and identify new opportunities with more ease.

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4.6 (15)
Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
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Are you subscribed to receive trading signals via e-mail? Are you a signal provider and going to send signals via email to your client? This EA is a wizard to automatically scan all received e-mails through e-mail client software for trading signals. EA only reads received email's with specified subject from designated sender not all e-mails. EA scan email's body, explore it for keywords, match keywords with intended patterns, then extract the signal from email's body. The extracted signal
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Forex Calculator   is a must-have program for every trader. This script allows you to calculate the percentage% risk of a deposit depending on the set Stop Loss in pips. The advantages of the script: You always know exactly what you are risking in every trade The calculator takes into account the contract specification Only 2 columns for data entry risk and Stop Loss size in pips Recommended Robot Scalper -   https://www.mql5.com/en/market/product/77108 Options Risk_in_%   – the percentage of
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Description of the advisor Smart Expert Advisor is an automatic grid trading advisor with auto-selection of settings for each trading pair. The Expert Advisor automatically selects the settings for each currency pair, thus you do not need to define the parameters for each pair, calculations are based on the volatility of the instrument being traded. At the time of trading, you can set the direction of entry points. Enable filter by trend. About strategy The EA is based on the logic of catching
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Indicator iPump for MT4
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The iPump indicator is a versatile indicator   that combines the advantages of three categories of indicators. simultaneous trend detection on several Timeframes defining zones of resistance and support determination of overbought and oversold zones Indicator functions: Defining a trend This function will be necessary for all traders who want to objectively assess the current market direction and avoid subjectivity. It will be clear and intuitive. Determination of support and resistance levels
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krisnara123
1793
krisnara123 2022.02.06 17:54 
 

Nice screener that sorts instruments by percentage changes rising and falling. Also clicking on the instruments opens the chart with templates.This provides are a better management of symbols and identify new opportunities with more ease.

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