Market Trend Scanner MT5

Market Trend Scanner is a trend analyzer or trend screener indicator that helps you know the trend in selected timeframe of all symbols you're watching.
This indicator provides clear & detailed analysis results on a beautiful dashboard, let you able to use this result right away without need to do any additional analysis.

How it works

Step 1: Calculate values of 23 selected & trusted technical indicators (Oscillator & Moving Average indicators)
Step 2: Analyze all indicators using best practices to find out component trend 
Step 3: Combine all component signals using Safe Calculation method
Step 4: Provide final trustable signal

Why it works

  • All indicators used to analyze are popular technical indicators that traders use and trust
  • Signals are based on best practices that used and tested for a long time
  • Signal from multiple indicators in difference types combined is always much more trustable than just 1 or 2 indicators
  • Safe Calculation method is a smart that can use to rating final signal

  • If you're looking for an indicator that show the trend of selected symbol in difference timeframes, please check this Timeframes Trend Scanner
  • This indicator doesn't work with Strategy Tester. If you want to have a Demo Version, check it here.

How to use it

Market Trend Scanner indicator provides these main analyzed data:
- Safe Score: Trend score calculated by Safe Calculation method
- Safe Rating: Final signal by using Safe Calculation method. Can be Neutral, Buy, Strong Buy, Sell, Strong Sell
- Oscillator Rating (OS Rating) : Combination signal of oscillator indicators
- Moving Average Rating (MA Rating): Combination signal of moving average indicators
- Indicator Signals: Signal of single indicators

The way to use these analyzed data:

  • When Safe Rating is Neutral => No clearly trend. Don't be hurry! Keep monitoring
  • When Safe Rating turns from Neutral to Buy/Strong Buy => It's bullish now. Buy!
  • When Safe Rating turns from Neutral to Sell/Strong Sell => It's bearish now. Sell!
  • If you want to enter a position earlier for better price but less reliable => Follow MA Rating when there are no opposite signals of Safe Rating and OS Rating
  • If you want to trade on Overbought/Oversold events => Follow OS Rating when there are no opposite signals of Safe Rating and MA Rating
  • If you are an experienced trader with lot of experiences, more details are provided in Safe Score & Indicator Signals. You can use them for more complex strategies

Who should use this indicator

- If you are a fundamental trader, this indicator is totally useless. It can't help you. Please keep searching for other useful indicators.
- If you are a technical trader who believes on data, history and indicators, you have to own this indicator. Trust me, bro!
- If you are a new trader, this indicator is very strong and simple to use. No setup required. Using selected and trusted indicators. Using best practices...
- If you are an experienced trader, this indicator still help. Are you able to monitor and combine many indicator signals at the same time? Do you have a good method to rating analyzed signals? Let this indicator saves your effort and helps you build more profit strategies.

Something you should know

  • This indicator works as a monitoring dashboard. It won't draw anything on chart candles
  • You can pick up to 20 symbols to analyze and scan at the same time. Live setting. No pre-setup required!
  • You can switch among all standard chart timeframes to analyze and scan. Live setting. No pre-setup required!
  • You can show up to 10 indicators you prefer to monitor their values/signals on the dashboard but you can't change indicators used for scoring &rating (they are selected and fixed)
  • Analyzed data can be auto-refreshed by interval or manual refreshed. It's up to you!
  • You can create alerts and receive alerts via terminal/email/mobile notification with alert manager tool
  • You can easy to save and load you settings with friendly save/load feature
  • There is button in the dashboard to let you able to switch between light and dark mode easily
  • This indicator need to calculate a lot of data for the final signals. Because of that, it just shows the latest signal and don't show historical signals
  • Because of lot of data required for final signal, you may see a fancy effect when attached this indicator into chart or change the timeframe. It looks fabulous!
  • Don't worry about the powerful of your computer, I optimized this indicator carefully so it works smoothly on a typical PC or VPS
  • You can get more details by reading Market Trend Scanner Guidelines

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Lors du trading dans le sens de la tendance, la principale difficulté n’est pas de trouver un niveau, mais de comprendre où une entrée est réellement valide. Le prix réagit souvent aux niveaux, mais ne parvient pas à poursuivre le mouvement — ce qui entraîne des entrées erronées ou des opportunités manquées. Owl Smart Levels ne se contente pas d’afficher des niveaux , mais des zones formées à partir de la structure du marché et des retracements. Cela permet d’évaluer les points d’entrée différem
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