Smart Market Structure Opportunity Scanner

Overview of Smart Market Structure Opportunity Scanner

• This tool is designed to find potential trading entries and exits based on Smart Money Concepts.
• It allows users to create a custom list of Forex pairs, Crypto, and other asset types for scanning.
• The scanner assesses 28 default Forex pairs, providing insights into today's, yesterday's, and longer-term price movements.

Real-Time Analysis Features

• Displays highest and lowest values over multiple timeframes, including 1 day up to 24 months.
• Shows the price difference and pip difference between current values and key high/low levels.
• Utilizes a visual graphic format to represent these differences and highlight trading opportunities. 📈

Customizable Alerts and Settings

• Users can set alerts based on specific pip difference levels, such as highlighting pairs within 30 pips of their historical highs or lows.
• Offers flexible color settings to help identify market conditions easily.
• This feature eliminates the need for constant chart flipping, making it easier for traders to find low-risk trading opportunities. 🎯

ATR Analysis for Informed Trading

• Includes a column for the Average True Range (ATR) for the past six days, assisting traders in evaluating market volatility.
• Enables identification of pairs that were consolidating or showing potential for big moves soon.
• Traders can customize color settings for different ATR levels, enhancing clarity on price action. 🌈

Application in Smart Money Trading

• Integrates essential elements of Smart Money Concepts to help traders make informed decisions based on institutional behaviors.
• Utilizes critical levels like monthly and weekly highs/lows to guide trading strategies effectively.
• Provides a comprehensive overview of market structure, enhancing the probability of successful trading outcomes.