The Forex Scanner is a complete forex trading solution designed for the very popular Metatrader 4 platform which consists of two very powerful trading indicators: ForexScannerST and ForexScannerLT.
ForexScanner System Description: The best and safest trades are made in the main direction of the trend. Once the trend is identified the next step is timing.
When is it time to enter the market?
In bullish markets, trades need to be executed on dips. In bearish markets, trades need to be executed on rallies.
This system uses proprietary indicators to identify trend direction and then uses ForexScannerST or ForexScannerLT in order to isolate trading opportunities to buy dips in a bullish market or to sell rallies in a bearish market.
ForexScannerST Indicator: Programmed for 5 min forex trading.
ForexScannerLT Indicator: Programmed for 1 hour, daily and weeklytrading.
ForexScanner system can be used for short, medium and long term forex trading. Whether you are a scalper, daytrader, swing trader or long term forex trader, you will always find a timeframe(s) that fit your needs.
ForexScannersTrend Indicator Description:
This indicator uses logic to detect trend direction and reversals at an early stage. A green color bar implies the market is trending upwards while a red color bar implies a downward trend.
The entire ForexScanner system has been programmed to work seamlessly with the free MetaTrader 4 platform. Before you are able to install the ForexScanner system, ensure that you have installed Metatrader 4 platform on your computer.