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Trend Scanneris a trend indicator that helps you determine the current and predicted market direction using an
advanced algorithm. Thanks to the flexible notification settings, the indicator will warn you about the trend reversal in a timely manner.

The indicator is intuitive and easy to use, and will be a great filter in your trending trading strategies. The lines of this
indicator are also an excellent dynamic level for a stop loss.

Version for MetaTrader
5.

Version for MetaTrader
5.

To more accurately configure the notification, click on the triangle on the left in the information panel, after clicking, two lines of settings will appear
alerts:

Line #1
“— Alerts On/Off —“
By placing the checkboxes under the period name, we choose which period the indicator will track and
inform us about the trend change. The indicator tracks the trend change on each enabled period, regardless of the other periods.
String
‚ĄĖ2
“— General alerts On/Off —“
In this line, we set an alert when the trend direction matches in the
selected periods. For example, if you check the boxes on M30, H1, H4, the indicator will notify you of a trend change only if the periods are M30, H1, H4
the trend direction will be in one direction.

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  • Period– the period of the Trend Scanner indicator;
  • Multiplier-coefficient of the Trend Scanner indicator;
  • Max Bars– the maximum number of bars to display the trend line, reduce this value if the indicator
    loads the terminal;
  • Alerts on opened bar-enable / disable notifications about trend changes only on a closed bar;
  • Show alert on chart-enable / disable displaying notifications on the chart;
  • Play sound on alert– enable / disable sound playback when the trend changes;
  • Push notification-enable / disable sending Push notifications about trend changes;
  • Alerts an email– enable / disable sending a trend change notification to email;
  • Sound file– name of the sound file for the sound notification;
  • Show panel– show the information panel;
  • Color up– the color of the text up on the panel;
  • Color down– the color of the text up on the panel.

Our Useful Features & Services

Published

03 January 2019

Updated

06 May 2020

Current Version

1.6

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