SCANNER SCREENER ANALYSIS SIGNAL EXPLORER DASHBOARD

The SCANNER SCREENER ANALYSIS SIGNAL EXPLORER DASHBOARD tool provides a multi-asset monitoring interface that tracks trend signals for up to 10 customizable trading pairs simultaneously. By utilizing an ATR-based trailing stop mechanism, it visualizes real-time bullish and bearish conditions across different markets within a single window.

Usage

The dashboard is designed to streamline the analysis of multiple symbols (forex, stocks, or crypto) without manually switching between charts.

• Trend Identification: The indicator uses four distinct color codes to represent market states:
  • Light Green: New Buy signal (crossover).
  • Light Red: New Sell signal (crossunder).
  • Dark Green: Sustained bullish trend.
  • Dark Red: Sustained bearish trend.
• Multi-Asset Management: Users can define up to 10 unique symbols in the settings. For traders requiring more coverage, adding multiple instances of the indicator and adjusting the X Eksen Ayarı / X Axis Setting (in increments of 25) prevents panels from overlapping.
• Timeframe Flexibility: The signals automatically recalculate based on the chart's active timeframe, allowing for both scalping and long-term trend analysis.

Details

The core logic is powered by a Volatility Trailing Stop algorithm derived from the Average True Range (ATR). It calculates a dynamic stop loss level based on the product of the ATR value and user-defined multipliers.

The calculation uses request.security to fetch data for all configured pairs. A "Buy" signal occurs when the price crosses above this trailing stop, while a "Sell" signal is triggered when the price drops below it. This method helps filter out market noise and identifies significant shifts in momentum.

Settings

General Settings

• Trend Strategy: Determines the sensitivity of the trend tracking; higher values focus on longer-term trends.
• ATR: The lookback period used for Average True Range calculations.
• Trendi Ayar (Set 1 & 2): Multipliers that adjust the distance of the trailing stop from the price.

Symbols

• Pair 1 - 10: Input fields to select the specific assets (e.g., "BINANCE:BTCUSDT", "NASDAQ:AAPL") to be tracked on the dashboard.

Dashboard Layout

• Space between Alerts: Adjusts the vertical padding between different signal rows.
• X Axis Setting: Offsets the dashboard horizontally, useful when stacking multiple explorer panels.

FAQ

How do I add more than 10 pairs to the dashboard?

To track more than 10 assets, apply the indicator to your chart multiple times. In the settings of the second instance, change the X Axis Setting to 25 (or higher) to move the second panel so it does not overlap with the first.

What do the different colors mean?

Bright colors (Light Green/Red) indicate the exact moment a trend reversal is detected. Darker colors (Dark Green/Red) indicate that the price is currently trending above or below the trailing stop level.

How can I access this indicator?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.