Martingale Scanner

Key Features

1. Automated ZigZag Lines & Reversal Detection: Saves time and ensures consistency by automatically drawing ZigZag lines and identifying potential reversal points crucial for the Martingale strategy.
2. Strategy Optimization: Test various settings like Depth, Occurrence Frequencies, and Merge Percentage to fine-tune your Martingale strategy for different market conditions and risk tolerance.
3. Enhanced Retracement Control (New!) The innovative "Merge Percentage" feature allows you to set a minimum retracement level for new ZigZag lines. This helps ensure more favourable entry and exit points for your Martingale trades.
4. Flexible Analysis Period: Analyse past price data using various options like "Past numbers of  Bars," "All Bars," or a custom date range to suit your trading timeframe.
5. Visual Clarity and Customization: Customise the display of amplitude levels with colours and optional Pips differences for better interpretation.
6. Martingale Management Panel: A dedicated Martingale Scanner Panel offers configurable settings and the ability to adjust lot size and pip step for each Martingale level, allowing for personalised risk management.
7. In-Depth Trade Visualisation: Move your mouse over the chart to see the occurrences of Target Stop Loss and Take Profit within each ZigZag segment. Gain valuable insights into potential trade outcomes.
8. Calculation Unit Control: Choose between "Per Tick" or "Per Bar" for entry calculations based on your preference for faster or more conservative entry timing.
9. Trend Following or Counter-Trend: The indicator can adapt to your trading style by showing entry/exit points based on either the underlying trend or a counter-trend strategy.
10. Detailed Segment View: Gain a deeper understanding of a specific ZigZag segment by using the Ctrl key to display detailed data while focusing the chart on that segment's entry and exit points.