Advanced Forex Trend Analysis Tool – Scanners Pro and Tenkan-Sen Ichimoku Kinko Hyo.
The Scanners Pro and Tenkan-Sen Ichimoku Kinko Hyo is a tool for analysis of the trend that generates signals trend following filtered by trend momentum indicators.
This tool works on any timeframes. In this article, I’ll show you the best way to use this tool for intraday trading.
- Trade Signal: FLAT (no signal)
- Trade Signal: BUY (buy signal)
- Trade Signal: SELL (sell signal)
- TimeFrames: 5 min or higher
- Currency Pairs: All Major Pairs, Gold, and Indices
- Forex Scanners Pro
- Tenkan-Sen Ichimoku Kinko Hyo
- FXTP Top and Bottom
- Forex Scanners Pro Trend
- Trend Indicator 3
Time Frame 5 min, 15min, and 30 min.
Trades only in the direction of the trend.
Open the H1 chart see the direction of the market, after opening a chart with lower time frame and trades only in the direction of the H1 chart.
- H1 chart trend up
- Forex Scanners Pro green arrow and trend up
- The bullish candle close above the Tenkan-Sen line
- FXTP Top and Bottom green line on the bottom (optional)
- Forex Scanners Pro Trend histogram above zero level
- Trend Indicator 3 green bar
- H1 chart trend down
- Forex Scanners Pro green red and trend dawn
- The bearish candle close below the Tenkan-Sen line
- FXTP Top and Bottom red line on the top (optional)
- Forex Scanners Pro Trend histogram below zero level
- Trend Indicator 3 red bar
- Initial stop loss on the previous swing
- Make profit is discretionary
- The best Risk Reward Ratio is 1:3