Trend Scanner looks at the Market watchlist and Checks to see if there are trending cases between three (3) timeframes selected by the user.
The analysis can assist in finding pairs to focus on for a particular session where a trader may need to have a bias in terms of direction to place trades for a particular system which requires multiple timeframe filtration of bar momentum. 3 Main indicators are involved: Moving Average, MACD and Heiken Ashi. User is able to select timeframes available on MT4 for filter of MACD and Heiken Ashi Bars to base alerts from.
- Max Pair Showed-The pairs are determined by the assets found in the market watchlist Pairs per row-Refers to the number of assets listed by row
- Timeframe: User Selectable TF 1-Fast Moving average periods TF 2- Medium Term Timeframe TF 3- Slow
- Timeframe Moving average Type
- Moving Average Period
- Ma method: 1. Exponential Moving Average 2. Smoothed Moving Average 3. Simple Moving Average 4. Weighted Moving Average
- Use alert:True/False
- Up color-Bullish bar color Down Color- Bearish Bar colour
- Background Color-Background color of dashboard Information
- Milliseconds Timer- for trade signals refresh rate
- Font- Font type displayed on the dashboard
- Space after PairName-The spacing between pairs and information produced
- Space Between Signal-Spacing between signals in word and other pairs
- Table Size-Width and depth
- Font Size-Font size of the information on the dashboard
- Location: Where the dashboard will be situated Adjustment for Dashboard from left to right, up and down the price chart area
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It is good if user has a system in place already, this just a helping aid but can be a fused into any system for good entry signal.
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