The Di Napoli Thrust Scanner MT4 is a robust forex software designed to identify the Dinapoli thrust pattern across multiple timeframes. This powerful indicator offers traders the ability to scan for thrust patterns on various timeframes, including W1, D1, H4, H1, M30, M15, and M5. With its customizable parameters and user-friendly interface, this tool provides traders with valuable insights into market trends and potential trading opportunities.
Key Features
The Di Napoli Thrust Scanner MT4 comes equipped with several key features that enhance its functionality:
Indicator can be used for all markets
Whether you trade forex, stocks, or commodities, this indicator can be applied to any market. Its versatility allows traders to analyze multiple markets simultaneously, providing a comprehensive view of potential trading opportunities.
Ability to choose the number of bars required above/below displaced moving average (DMA) to define thrust
Traders can customize the indicator by selecting the number of bars above or below the displaced moving average (DMA) required to confirm a thrust pattern. This flexibility allows for personalized trading strategies based on individual preferences and risk tolerance.
Able to move display label on the chart by a single click
The indicator offers a user-friendly interface that allows traders to easily move the display label on the chart. By simply clicking on the label, traders can reposition it to a more convenient location, ensuring optimal visibility and usability.
Parameters
The Di Napoli Thrust Scanner MT4 provides traders with customizable parameters to fine-tune their trading strategy:
Minimum Bars: Determines the minimum number of bars required to account for a thrust pattern.
DMA Period: Specifies the moving average period used in the analysis.
DMA Shift: Sets the number of bars requested to shift the moving average.
DMA Method: Selects the moving average method used in the calculation.
Bars Variable: Allows traders to count only up or down bars.
Bars Condition: Enables traders to count only bars that do not touch the DMA line.
Trend Push: Counts consecutive bars with higher lows or lower highs.
Alert On Thrust: Specifies the direction of thrust to receive an alert about.
Popup Alert: Enables window popup and sound alert on the terminal when a fresh thrust is generated.
Email Alert: Sends email notifications when a fresh thrust is generated.
Push Alert: Delivers push notifications on Apple or Android devices when a fresh thrust is generated.
Indicator Usage
The Di Napoli Thrust Scanner MT4 features a user-friendly dashboard that appears on the left and upper part of the chart when attached. The shell encapsulating a timeframe turns red on a down thrust, green on an up thrust, and resets to grey when there is no signal. Traders can easily customize the location of the dashboard by selecting the shell encapsulating the 5 and dragging it to the preferred location on the chart. The indicator will remember the preferred location for future use.
Traders can watch independent testing of the Di Napoli Thrust Scanner MT4 on the forexroboteasy.com website. They can also subscribe to updates on the results of testing this product, ensuring they stay informed about its performance.
We invite readers to share their experience of using the Di Napoli Thrust Scanner MT4. Your feedback and insights are valuable in helping other traders make informed decisions about this powerful forex software.
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