MetaTrader

Go Han Scanner, Expert Advisor Indicator for forex metatrader



Based on the timeframe you're viewing, the scanner will check all currency pairs that your current MT supports. It will look for some of the most common technical analysis patterns and output them to the screen for your examination.

Please note: This is not an auto-trader. It will merely scan all charts and present you with the results and you can decide whether to enter a trade or not.

INSTALL THE SCANNER:

Here's the steps to installing this scanner

1 - Open the zip file to a new folder
2 - Place the WAV files (3 of them) in the folder \\sounds
3 - Place the file Homma.mq4 in the folder \\experts\\libraries
4 - Place the file GoHan_Scanner_Complete_M5.ex4 in the folder \\experts
5 - Open MT and attach the GoHan Scanner to a M5 chart

That's it. Now all you do is wait for a new bar and the latest alerts will be shown to you in the upper-left hand corner of the screen.

Remember, this is not an auto-trader. It will merely point you to the info and then you can evaluate the trade on your own.


WHAT THE SCANNER SHOWS

I have designed the scanner to look for a variety of common chart patterns across all currency pairs. The major patterns it looks for include:

• Double Top Lower Close - a price has hit the same high level twice and the latest bar has closed down, indicating a potential resistance point.
• Double Bottom Higher Close - a price has this the same low level twice and the latest bar has closed up, indicating a potential support point
• SMA 200 Breakout - The price has crossed either above or below the 200 SMA
• 3WMA and 5WMA Crossover - There has been a crossover (it will alert on either up or down) between the 3WMA and the 5WMA
• Bearish Engulfing - The latest candle has closed down and "engulfs" the previous gain, indicating a potential bear run
• Bullish Engulfing - The latest candle has closed up and "engulfs" the previous loss, indicating a potential bull run
• Three White Soldiers - a consistent rise over the last three periods