When it comes to Forex trading, several tools can help traders make informed decisions. One such tool is the Trend Scanner Xtra, an advanced trading scanner designed to simplify Forex strategy through multi-symbol market scans.
Detailed Examination of Features
The Trend Scanner Xtra comes with an array of features that make it an innovative market analysis software. One of its primary features is the Entry Point Signals, a no repaint arrow system integrated within the single indicator. This system provides multi-timeframe (MTF) trend information and entry signals, making it easier for traders to identify trading moments from a single chart and decide the entry time accurately.
Customizable Dashboard Display
Trend Scanner Xtra stands out with its changeable panel display; traders can adjust the Max.Symbols/Panel value, and the indicator will modify the dashboard display to match their input. This adaptability allows traders to personalize their trading dashboard to their preferences.
Interactive and User-Friendly Interface
Another unique feature of the Trend Scanner Xtra is its clickable boxes. Traders can open the corresponding symbol and timeframe by clicking on these boxes, making navigation straightforward and user-friendly.
Furthermore, the software allows traders to hide or show the dashboard on the chart. This feature is particularly useful for those who have other indicators on their chart and want to see them without the dashboard obstructing the view.
Color-Coded Indications
The color-coding feature of Trend Scanner Xtra is another highlight. Depending on the trader’s settings, the software displays BUY signals and uptrend boxes in blue, and SELL signals and downtrend boxes in red. These color indications make it easier for traders to understand the current market trend at a glance.
Scanning Capabilities
Trend Scanner Xtra offers comprehensive scanning capabilities, scanning all symbols selected in Market Watch or specific symbols defined by the trader. This feature, coupled with the ability to scan all timeframes from M1-Monthly, makes the Trend Scanner Xtra one of the most advanced trading scanners available.
FAQs
Can I customize the Entry Point Signal Arrows?
Yes, the indicator allows you to change the arrow width and the color of the Entry Point BUY and SELL signal arrows.
Can I scan specific symbols with the Trend Scanner Xtra?
Yes, if the “Scan All Symbols selected in Market Watch” option is set to false, you can define the symbols you want to scan.
Can I scan all timeframes with the Trend Scanner Xtra?
Yes, if the “Scan All Timeframes” option is set to true, the indicator will scan all timeframes, ranging from M1-Monthly.
For an independent testing of this product, users can visit the forexroboteasy.com website and also subscribe to updates on the results of testing this product. We invite readers to share their experience of using the Trend Scanner Xtra. Please note that this review is independent, and the text is written in the third person, without any proprietary claims on the product.
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