The Scanner will present the final 6 buying and selling days’ ATR values primarily based in your enter decisions:
4. The Quantity column provides an enter display screen choice to decide on the timeframe of the amount. It’s a dropdown menu, and I’ve chosen 30 Minutes because the default. It can present when there’s excessive quantity (that means excessive liquidity, much less pip slippage, and excessive buying and selling exercise time when quantity is excessive) for a specific image. Give customers perception about when the foreign exchange pairs are energetic frequently.
5. The Massive Pivots column is calculated utilizing weekly and month-to-month pivots (for greater timeframe merchants). The colour setting for the pip distance from the present image worth to those huge pivot ranges (Help and Resistance Ranges on HTF) will also be set within the enter display screen, on objects referred to as “Spotlight Pip Distance for Degree 1, 2, 3, 4, 5, 6” enter part.
5.1) the calculation choices for Massive Pivots (weekly or month-to-month, utilizing the Averages of Excessive, Low, Open or Shut, utilizing Fibonacci or not) will also be chosen from the enter display screen, on the backside a part of the enter display screen titled “Massive Pivot Technique Selections”.
Beneath is the Scanner show after making use of the default enter settings for “Massive Pivots” column: 
6. Subsequent column is Pivots (Each day Pivots: S1, S2, S3 and R1, R2, R3), with actual time pip distance displaying on the column (which is between present image worth and the corresponding pivot ranges). It is proven within the above image as properly.
7. Subsequent are the columns for displaying the pip distance to the 24Month Highs and Lows, 12Month Highs and Lows, 6Month H/L, 3Month H/L, 2Month H/L, 1Month H/L, final week H/L, earlier day H/L, and present day H/L.
7.1) you possibly can resolve to point out all these columns, or solely present 1 or 2, or any mixture of the columns, by choosing them within the enter display screen. (Present it or not).
7.2) it’s also possible to enter the pip distance you wish to be alerted for, on every of the column choice. (In my default setting, 5 pip distance for the alert, that means it’ll alert when the present image worth is inside 5 pips to that chosen column, be it 24Month Excessive, or Low, or Earlier Day’s Excessive, or Low). It’s utterly customizable and makes it straightforward so that you can discover optimum buying and selling alternatives primarily based in your standards.
7.3) the enter display screen for coloration choice of the pip distance is also customizable. I’ve set 5 pip distance coloration to be Yellow, and 10 pip distance coloration to be Orange. As a result of these are brighter colours to focus on when the image worth is very shut to those vital ranges and frees the time so that you can wait in entrance of the monitor for worth to get there.
The image beneath reveals 2 columns for illustration functions solely ( the Month-to-month Excessive/Low and the Weekly Excessive/Low ). It highlights the pip distance primarily based on the enter coloration settings, and present if present worth is above ( or beneath ) the Month-to-month Excessive (Low) and the Weekly Excessive(Low) for what number of pips as properly. Within the image beneath, CADJPY at 107.88 is simply 19 pips beneath the Month-to-month and Weekly Highs, so it is a excessive success chance entry primarily based on Sensible Cash Ideas. You needn’t wait lengthy for the extra correct entry to happen, because it’s solely 19 pips away from these vital Highs.
The subsequent image reveals the Earlier Day and Present Day Columns, and the CADJPY pair confirms with the commentary we had within the earlier image.
8. For instance, to search for longer timeframe alternatives, I modified the enter image listing to “FULL_LIST” choice. And located some NZD pairs are at greater timeframe extremes with the true time scanning show. Beneath is the image for all NZD pairs after I narrowed down the search:
From the Scanner show, it reveals NZDUSD at 0.5762 is simply 9 pips away from it is 24 Month Lows ( additionally 12 Month Low, and 6 Month Low ). This can be a improbable discovery as a result of there could be minimal time watch for a excessive chance entry primarily based on HTF. To verify its accuracy, I pulled out the Each day Chart for NZDUSD:
Certainly it is on the 24 Month Low level. It could be a brilliant correct reversal entry primarily based on Sensible Cash Ideas. Very low threat, and Very excessive reward. And no want to attend for this type of alternatives, because the scanner will discover alternatives like this always on all symbols.
9. The above instance is used to point out the logic behind find out how to seek for buying and selling alternatives utilizing the Scanner. You possibly can select all symbols, and select the columns that you simply’re enthusiastic about first. As soon as you discover the image ( symbols ) that matches your standards, you possibly can slender down the search, by lowering the image listing, and lowering the columns to look at additional. And pull out the chart to confirm/verify it certainly is on the most optimum stage that you simply’re enthusiastic about, primarily based in your buying and selling fashion.
