Panther Trend Scanner
- Indicatori
- Versione: 1.0
Track whole market on one chart!
Download Panther scanner for easy visual trend calculations.
Can be combined with your own entry trigger or you can use mine entry indicator (coming soon).
1. Multi-Asset Market Scanning
The scanner can analyze a list of selected instruments at the same time, including:
- Forex pairs
- Indices
- Commodities
- Stocks
- Cryptocurrencies
- Any symbol available in the MT4 Market Watch
Instead of opening dozens of charts manually, the scanner provides a centralized view of market conditions.
2. Color-Coded Trend Detection
The scanner uses simple visual signals:
| Color | Meaning |
|---|---|
| 🟢 Green | Bullish trend / Buy condition |
| 🔴 Red | Bearish trend / Sell condition |
| ⚪ Blank / Empty | Consolidation, ranging market, or no clear trend |
This allows traders to identify opportunities almost instantly without analyzing each chart individually.
3. Consolidation Filtering
A useful feature is the blank state.
Instead of forcing a buy or sell signal at all times, the scanner can indicate when:
- The market is moving sideways
- Trend strength is weak
- Price is consolidating
- Conditions are not favorable for trend-following entries
This helps reduce trades during low-probability market phases.
4. One-Click Symbol Switching
When you click an asset name on the scanner:
- The active chart changes to that symbol.
- You can instantly inspect the market structure.
- No need to search for symbols manually in MT4.
5. Currency Strength Through Row Alignment
You can track pairs in rows according to their common base currency, making it easy to spot broad market strength or weakness.
When the majority or all of the pairs in a currency row turn green, it indicates that the currency is showing strength across the market, not just against a single counterpart. Likewise, when most or all pairs in a row turn red, it suggests broad-based weakness.
