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Smart Market Structure Opportunity Scanner
Overview
The Smart Market Scanner is a unique trading tool designed to optimize Forex trades. It is built on the Smart Money Concepts, providing traders with valuable insights into the market. This tool is tailored to find trading entries and exits, ensuring Forex traders make informed decisions based on real-time market data.
Customizable Forex Pair Lists
The Smart Market Scanner offers a built-in custom choice of Forex pair lists from which to choose for scanning. It also provides a user-defined entry choice allowing for the input of a customized list of Forex, Crypto, Index, or any other markets. This feature enables traders to track and analyze markets that they are most interested in, offering great opportunities for entries and exits.
Comprehensive Market Analysis
By default, the Smart Market Scanner will scan a total of 28 Forex pairs, displaying in real-time the highest and lowest values for the day, the preceding day, the week, the month, and up to 24 months. This comprehensive market analysis is presented in a graphical form, showing the price difference of the current value of all Forex pairs to the highest/lowest values. Such a detailed overview offers traders a clearer perspective of the currency trading market.
Smart Money Concepts
Based on the Smart Money Concepts, the Smart Market Scanner uses these important higher timeframe high and low values for entries and exits. This concept is widely used by smart money institutions, making this tool highly valuable for traders looking to optimize their Forex trading.
Customizable Alerts and Color Settings
The Smart Market Scanner also comes with customizable alert settings based on the pip difference levels. For example, setting a 30-pip difference on 2-month or 3-month charts will highlight all pairs that are less or equal to 30 pip from their highest or lowest values during these time periods. Such alerts eliminate the need to flip through different pair charts to find which pairs are closer to an important price level and are at a prime time for entry.
ATR and Color Settings
Another significant feature of the Smart Market Scanner is its columns for 6 days of Average True Range (ATR) for the whole week plus one day. This feature allows traders to see the maximum price movements for each day for the last 6 trading days for all pairs. Using the ATR can help identify pairs that have been consolidating in the past few days and may have a big impulse move soon. It can also help identify pairs that have just finished big impulse moves and may reverse soon.
Independent Testing and Updates
For those interested in the Smart Market Scanner, independent testing of this product is available on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product, ensuring they are kept abreast of the tool’s performance.
If you have used the Smart Market Scanner, we invite you to share your experience. Insight from real users is invaluable in evaluating the effectiveness of this tool in optimizing Forex trades.
Conclusion
The Smart Market Scanner is a valuable tool for any trader seeking to optimize their Forex trades. It offers a wealth of features, from customizable Forex pair lists and market analysis to alert settings and color configurations. Remember, this is an independent product review, and the tool should be evaluated based on its features and performance.
FAQ
What is the Smart Market Scanner?
The Smart Market Scanner is a trading tool designed to optimize Forex trades. It provides valuable insights into the market, helping traders make informed decisions.
What is the Smart Money Concept?
The Smart Money Concept is a strategy used by institutions for their trading entries and exits. The Smart Market Scanner uses this strategy to provide traders with market insights.
Where can I test the Smart Market Scanner?
You can test the Smart Market Scanner on the forexroboteasy.com website. The site also offers updates on the results of the product testing.
Can I customize the Forex pair lists on the Smart Market Scanner?
Yes, the Smart Market Scanner offers a built-in custom choice of Forex pair lists and a user-defined entry choice for a customized list of Forex, Crypto, Index, or any other markets.
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