User Guide - ScanFin - User Guide.pdf · The trader defines which market conditions to search for,...

18
Indicators Scanner & User Guide

Transcript of User Guide - ScanFin - User Guide.pdf · The trader defines which market conditions to search for,...

Indicators Scanner &

User Guide

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

Facebook

Twitter

Instagram

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.

9 ScanFin – Yours Eye in the Capital Market

© 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)

11 ScanFin – Yours Eye in the Capital Market

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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

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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