The Scanner will present the final 6 buying and selling days’ ATR values primarily based in your enter decisions:
4. The Quantity column offers an enter display possibility to decide on the timeframe of the quantity. It’s a dropdown menu, and I’ve chosen 30 Minutes because the default. It is going to present when there may be excessive quantity (which means excessive liquidity, much less pip slippage, and excessive buying and selling exercise time when quantity is excessive) for a selected image. Give customers perception about when the foreign exchange pairs are energetic frequently.
5. The Large Pivots column is calculated utilizing weekly and month-to-month pivots (for increased timeframe merchants). The colour setting for the pip distance from the present image value to those large pivot ranges (Assist and Resistance Ranges on HTF) will also be set within the enter display, on gadgets referred to as “Spotlight Pip Distance for Degree 1, 2, 3, 4, 5, 6” enter part.
5.1) the calculation choices for Large 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, on the backside a part of the enter display titled “Large Pivot Methodology Selections”.
Beneath is the Scanner show after making use of the default enter settings for “Large Pivots” column: 
6. Subsequent column is Pivots (Day by day Pivots: S1, S2, S3 and R1, R2, R3), with actual time pip distance exhibiting on the column (which is between present image value and the corresponding pivot ranges). It is proven within the above image as effectively.
7. Subsequent are the columns for exhibiting 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’ll be able to resolve to indicate all these columns, or solely present 1 or 2, or any mixture of the columns, by choosing them within the enter display. (Present it or not).
7.2) it’s also possible to enter the pip distance you need to be alerted for, on every of the column choice. (In my default setting, 5 pip distance for the alert, which means it’s going to alert when the present image value is inside 5 pips to that chosen column, be it 24Month Excessive, or Low, or Earlier Day’s Excessive, or Low). It’s fully 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 for colour choice of the pip distance is also customizable. I’ve set 5 pip distance colour to be Yellow, and 10 pip distance colour to be Orange. As a result of these are brighter colours to focus on when the image value is very shut to those vital ranges and frees the time so that you can wait in entrance of the monitor for value to get there.
The image beneath exhibits 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 colour settings, and present if present value is above ( or beneath ) the Month-to-month Excessive (Low) and the Weekly Excessive(Low) for what number of pips as effectively. Within the image beneath, CADJPY at 107.88 is just 19 pips beneath the Month-to-month and Weekly Highs, so it is a excessive success likelihood entry primarily based on Good 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 exhibits the Earlier Day and Present Day Columns, and the CADJPY pair confirms with the remark we had within the earlier image.
8. For instance, to search for longer timeframe alternatives, I modified the enter image record to “FULL_LIST” possibility. And located some NZD pairs are at increased 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 exhibits NZDUSD at 0.5762 is just 9 pips away from it is 24 Month Lows ( additionally 12 Month Low, and 6 Month Low ). This can be a implausible discovery as a result of there could be minimal time anticipate a excessive likelihood entry primarily based on HTF. To substantiate its accuracy, I pulled out the Day by day Chart for NZDUSD:
Certainly it is on the 24 Month Low level. It might be a brilliant correct reversal entry primarily based on Good Cash Ideas. Very low danger, 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 indicate the logic behind easy methods to seek for buying and selling alternatives utilizing the Scanner. You might select all symbols, and select the columns that you just’re excited about first. As soon as you discover the image ( symbols ) that matches your standards, you’ll be able to slender down the search, by decreasing the image record, and decreasing the columns to look at additional. And pull out the chart to confirm/affirm it certainly is on the most optimum stage that you just’re excited about, primarily based in your buying and selling fashion.