User Guide - ScanFin - User Guide.pdf · The trader defines which market conditions to search for,...
Transcript of User Guide - ScanFin - User Guide.pdf · The trader defines which market conditions to search for,...
Table of Contents
“Scanfin_Scanners” EA Disclaimer 3
Risk Warnings 4
About ScanFin 5
Installation 6
Setting Parameters 7
All strategy parameters 13
Summary 18
3 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
All the information of the “Scanfin_Scanners” EA is for you only, and by purchasing the given product
you agree to keep this information private, confidential, and protected from any disclosure.
Trading any financial market involves risk. The content of this e-book, its various associated websites,
and all related correspondence, are neither a solicitation nor an offer to purchase or sell any financial
instrument.
Although every attempt has been made to ensure accuracy, we do not give any express or implied
warranty as to its accuracy. We do not accept any liability for error or omission. Examples are provided
for illustrative and educational purposes only and should not be construed as investment advice or
strategy.
No representation is being made that any account or trader will or is likely to achieve profits or losses
similar to those discussed in this e-book. Past performance is not indicative of future results.
There are numerous factors related to the market in general and to the implementation of any specific
trading program which cannot be fully accounted for in the future of performance results, all of which
can adversely affect actual trading results.
We reserve the right to change these terms and conditions without notice.
The content of this e-book and all related websites and correspondence are copyright and may not
be copied or reproduced.
By purchasing the software, or using the website, you will be deemed to have accepted these terms
in full.
4 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage
creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully
consider your investment objectives, experience level, and risk tolerance. You could lose some or all
of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the
risks associated with foreign exchange trading, and seek advice from an independent financial or tax
advisor if you have any questions.
Don’t trade money you can’t afford to lose.
The past performance of any trading system methodology is not necessarily indicative of future
results.
5 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
We’re thrilled to be launching the ScanFin market scanning service.
Our vision is to aid traders who work with us to earn money on a regular monthly basis over many
years.
The way we do this is by being the trader’s “eyes” on the market—and helping each and every trader
find the trades without exhausting time spent in front of the screen.
Unlike other companies, which provide transaction alerts without helping the trader understand
what’s behind the alert—we encourage our clients to study trading or to trade in accordance with
their own method. All we do is remove the burden of the tedious process of searching for patterns
or market conditions.
How does it work?
The trader defines which market conditions to search for, which indicator, which analysis, and which
pattern is being searched for.
In real time, we’ll update the trader when the specified situation arises—and by doing so, we’re
subtracting from the vast amount of time traders would otherwise have to spend staring at the screen.
We’ll limit the number of worthwhile trades.
By doing that, we let the trader focus on pre-defined trades.
How do we do it?
Free notifications about the most useful and recommended market conditions—the most marketable
currencies – for more details and to sign up free, click here.
Premium notifications – notifications customized to the trader’s requirements – in this case, the
trader defines the most relevant conditions – for more details and a great price for this service, click
here.
Beyond the products and services we offer, we also provide articles about new and innovative methods
to succeed in trading – from strategies, trading tools, and the right attitudes to work, whether it’s
manual or automatic trading.
Through the blog, you’ll find out about new market scanners we’ve developed, new trading robots,
different trading software, and innovations in the field of personal and automated trading.
We’ll also occasionally publish links to interesting articles and sites on the specific topics of trading
robots and the capital market.
6 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
To stay up-to-date, we recommend signing up for our mailing list: www.ScanFin.com/newsletter
find us on
Our Telegram Channel for company news.
You’re welcome to ask any questions and send us your insights and comments. You can do all that
through our Contact Us page.
Thanks,
ScanFin Team
For Install the robot on yours MT4 please read- “Installation Guide for MetaTrader 4 Robots (MT4)” Attached the zip file.
7 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
8 ScanFin – Yours Eye in the Capital Market
Slippage maximum deviation from quoted price for open trade
MagicNumber
every trade have number – this number can help you to analyze trade in
some site and app – when it is 0 – The system selects a random number
automatically.
sleepMiliSec Delay between opening and closing trades - in milliseconds
NumOfTrying How much to try to open/close trade
PaingParttern_or_
MultiTFsearch
True to paint the pattenr on the graph.
False to run on multi time frames – without paint.
timeframe_1M true - robot search the Partterns on 1M Graph.
timeframe_5M true - robot search the Partterns on 5M Graph.
timeframe_15M true - robot search the Partterns on 15M Graph.
timeframe_30M true - robot search the Partterns on 30M Graph.
timeframe_1H true - robot search the Partterns on 1H Graph.
timeframe_4H true - robot search the Partterns on 4H Graph.
timeframe_1D true - robot search the Partterns on 1D Graph.
Long_PaintClr the color for long.
Short_PaintClr the color for short.
ShiftOfDraw_PIPS for add pips on the markup pattern on the graph.
PringGraph_width the size of the markup.
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© All Rights Reserved to ScanFin www.ScanFin.com
10 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
TimeToTrade true if you want the robot search the patterns between hour
below
Time1open time to start search
Time1close time to finish search
this is on the first time on every day.
Time2open time to start search
Time2close time to finish search
this is on the second time on every day.
TimeDay6open time to start search
TimeDay6close time to finish search
this is on time in every Friday.
TimeOnDay true if you want the robot search the Patterns only in those days
TOD_Sunday true if you want the robot search in this day
TOD_ Monday true if you want the robot search in this day
TOD_ Tuesday true if you want the robot search in this day
TOD_ Wednesday true if you want the robot search in this day
TOD_ Thursday true if you want the robot search in this day
TOD_ Friday true if you want the robot search in this day
lotToBuy the lot – to each order. (only in BT or Autoexecution mode)
MaxOpenTrade max open trade AT the same time. (only in BT or Autoexecution mode)
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12 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
Auto_Execuition The scanner will open trade when parrten will appear.
I_am_Confirm_Risk_ Warning
The responsibility for opening trades applies to you – in this button you confirm that.
TakeProfit pips for take profit in each order.
StopLoss pips for stop loss in each order.
LogOpenTrades True if you want the trade will be registered in logs
BEsystem True if you want Break Even system will work on every order.
TR_B_PIPS After how much pips you want the scanner will move the SL to open price
BeSave_PIPS How much pips you want to save in Break Even on the open price
LogBEwork True if you want the Break Even will be registered in logs
HalfSystem True if you want Half Close System will work on every order.
TR_H_PIPS After how much pips you want the scanner will close part of trade
HS_Precent How much percentage of the trade to close
TrailingSystem true if you want Trailing stop system work on every order.
LogHALFwork True if you want the Half Close will be registered in logs
TrailingSystem True if you want Trailing Stop System will work on every order.
TRbeginWork_PIPS amount profit pips to start to rut Trailing System.
ProfitLock_PIPS amount profit pips to save from the max profit.
LogTrailingSystem True if you want the Trailing Stop will be registered in logs
13 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
14 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
EnterMarketsOrders If you want to enter fake SL & TP to open trade
EMO_DisFromRealClose_PIPS
The amount far away from true SL & TP
BolingerSystem true if you want get Bollinger alert
Boli_period Bollinger calculation period
Boli_deviation Standard deviation of upper and lower bands of Bollinger
Boli_Applied Will be calculated according to close / open price
LogBoli true if you want to write log from Bollinger function.
RsiSystem true if you want get RSI alert
RsiPeriod Rsi calculation period
RsiLevelDown When you touch Level Down we will get a Short trade
RsiLevelUp When you touch Level Up we will get a Long trade
Rsi_Applied Will be calculated according to close / open price
LogRsi true if you want to write log from RSI function.
15 ScanFin – Yours Eye in the Capital Market
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16 ScanFin – Yours Eye in the Capital Market
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MovingAvgSystem true if you want get Moving Avg alert
SmallMA_Period Small Moving Avg calculation period
SmallMA_Method Small Moving Avg calculation Method
SmallMA_Applied Small Moving Avg - Price reference
BigMA_Period Big Moving Avg calculation period
BigMA_Method Big Moving Avg calculation Method
BigMA_Applied Big Moving Avg - Price reference
LogMovingAvg true if you want to write log from Moving Avg function.
StochasticCutSystem true if you want get Stochastic Cut alert
Sto_kp %K period
Sto_dp %D period
Sto_slow Slowing period
Sto_Method Stochastic calculation Method
Sto_PriceField Price Field (Low/High) or (Close/Close)
Sto_LevelsFilter true if you want get alert when Stochastic Cut Above & Below levels
Sto_Lev_Long Cutting below this level will alert you to long
Sto_Lev_Short Cutting Above this level will alert you to short
LogStoCut true if you want to write log from Stochastic Cut function.
17 ScanFin – Yours Eye in the Capital Market
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CloseTradeByTime_ system
True if you want to close the trade when we reach a certain date
CTBT_TimeDay Chose day to close the trade
CTBT_TimeHour Chose hour to close the trade
CTBT_TimeMin Chose minute to close the trade
AlertOpenCloseOrder True – if you want to get alerts when trade open/close in MT4
AlertWhenSignal true - Get Local alert on mt4 on 3 Indicators
EmailOpenCloseOrder True – if you want to get alerts when trade open/close in email
EmailWhenSignal true - Get email alert on 3 Indicators
NotificationOpenClose Order
True – if you want to get Notification on MT4 app when trade open/close
NotificationWhenSignal true - Get Notification on MT4 app on your smartphone on 3 Indicators
18 ScanFin – Yours Eye in the Capital Market
© All Rights Reserved to ScanFin www.ScanFin.com
Our system is a combination of automated trading (market scanner searching for you) and manual
trading - you make the decision to open a trade - this way has the maximum possibility to succeed in
trading in the Forex market and the Capital market.
The combination of machine and person - making decisions and trading right and relaxed - will enable
you to become a successful and profitable trader over time.
In this guide we explained what each parameter of the system is saying and used.
There is a guide that teaches you to trade with Indicators - do not forget to go through it and learn
more!
In our opinion, all you need to do to succeed in trading with our system is the following steps:
1. Install the system.
2. Learn what each parameter says.
3. Make a Back-Testing - learn how each currency behaves with every pattern.
4. Understand which SL and TP are best for each situation and asset.
5. Turn on the system - and trade according to your research - with iron discipline!
6. Remain only to make money in an informed and relaxed manner.
We hope you have understood the principle of success.
Best of luck
ScanFin Team