Multi_Scanner_Score_IBD latest version

I've been working with currency strength for many years, but over the last three years I realized that making money is much easier with stocks, so I'm focusing more on CFDs on stocks and pure stocks. I "understood" that no indicator fit my way of thinking (we're all unique) and my trading philosophy. I tried and continue to try countless indicators, some very good, "but" they never displayed the information I wanted or weren't very customizable. So I decided to embark on this project and tailor it to my personality perfectly, without repainting, delays, or smoke and mirrors; "those of you who have been doing this for a while already understand." This project is just the beginning of a small, mechanical part of my trading.

I always wanted an indicator that could filter out assets that were trending, reversing, etc. There are some great systems and strategies on this forum. Most fail when it's not the right time to enter, and this scanner helps with that. It tells you when a symbol is a good entry point.

The problem is not the strategy itself, but when you use it: it's not the right time.

If this has happened to you, this scanner is for you.

You only need two things: to know the strategy you're using and this scanner to know when to use it. Give it time, and you'll see how it filters out many bad days, weeks, months, or even years.

In this thread, I'll showcase a Multi_scanner that will surprise you with its quality and versatility in assisting your daily, weekly, monthly, and yearly trading. Depending on how the thread evolves and the reception of this fantastic tool, we may or may not move to the fully automated part.
I've always strived to maximize performance with the least amount of analysis (time) possible.

It can be used on all types of assets, from forex to stocks. If it's on MT5, it can be customized. It's a tool that has everything I've always wanted in an indicator that adapts to my needs. I hope it adapts to you and that you enjoy it as much as I do.

The creation of the scanner is inspired by the IBD (Investor's Business Daily) system. I want to thank my good friend Ángel, who discovered the system and shared it with me. Also, thank you to my good friend Carlos, without whom this wouldn't be possible.

I found it to be one of the simplest and most productive systems I've ever encountered. Bringing order to the chaos of the market is certainly a positive experience. I never saw this system adapted to MT5; it was always used on a D1 chart and with stocks, ETFs, bonds, etc., always beyond the scope of MT5. Therefore, it can now be adapted for intraday trading if desired. And of course, I never saw it offered for free. Take a few minutes to investigate the system; there's a very significant business built around it.

The great virtue of this scanner is that it brings order to chaos.

The versions I share in this thread will be updated every six months, so the latest version will be retired every six months. This version will expire at the end of 2026, at which point it will stop working. This doesn't mean you won't be able to use it; it means that every six months I will update the code with improvements and bug fixes. It's a free product and will remain so for all FOREXFACTORY users. This is a small token of my appreciation for all the knowledge I've gained here with you over the past 20 years.

I want to make it clear that I'm not selling anything, nor will I lie to anyone. I look forward to your feedback so I can continue developing the project. I also hope you'll comment daily on how it's working for you, your sets, results, etc. Ultimately, we all want to learn more about how to make money in the market.
If you dedicate a few days or weeks to understanding how it works, you'll be pleasantly surprised. It's a tool that should be part of our trading, regardless of the type of trader you are: scalper, day trader, or swing trader. It helps you "FOCUS".

Currently, I use it with stock CFDs on the broker ICMARKETS with very good results, although it can be used with any asset class compatible with MT5.

For me, it's a life project, and since I started using it, I haven't lost money in the medium to long term, so I'll continue using and developing it.

Note: I don't think it's a product suitable for everyone, as it requires discipline to use. If you're not disciplined, it's best not to use it.

Without further ado, I'm going to show you how to use it step by step before you can download it, to avoid assembly confusion. I hope to explain it little by little, as there are so many configuration and customization possibilities for each user that it will take me some time to upload all the information to the forum. I would appreciate it if you have any questions about the scanner, and I will clarify all your doubts as soon as possible.

This is the initial version of the scanner: https://www.forexfactory.com/thread/...nner-score-ibd?

Here are some images of how the scanner appears in version 9.04

The scanner is extremely effective at analyzing market momentum and trend changes, depending on the configuration, and can analyze up to 500 symbols or more in the same market; the scanner has no limits, the limit is set by your PC.

As can be seen in some images, the scanner is shown in different US markets and configurations (NAS, NYSE) as well as in different ways of ordering the signals and CFDs of the EUROPEAN market (.ETR, .LSE, .MAD, .PAR, .AMS, etc.)

I'm using Google Translate to translate the text into English; if there are any phrases that don't make much sense, I hope you'll excuse me.

I'll begin by explaining step-by-step how the scanner works:

This image shows the scanner with the minimum amount of information available. The panel displays three columns: Symbol, "Graph" (pagination arrows), and Signal. Above the "Symbol" header, the number of symbols—pages—is displayed. In this example, we are on page 1/15, so if we press the arrows, we can advance to page 15/15. This way, we can view and analyze all 500 symbols.

Important: In all the header titles on the "PANEL," pressing once sorts them from largest to smallest, and twice sorts them from smallest to largest (if the column is numeric). In the case of the "Symbol" column, they are sorted A/Z or Z/A. Pressing the "Graph" button opens several mini-graphs in the graph to the right of the columns. These mini-graphs are fully configurable in terms of size, number of graphs, time frame, etc. To close the sparklines, press the "Hide Sparklines" button located at the top of the columns.

At the top, above the columns, there are several buttons with a dark background (black or dark gray, top right, rows one and two). Clicking these buttons expands the columns, except for the "STUDY" button, which performs forward testing (it's in beta). The requested information is displayed when the button is clicked. When the column is visible, the button's name is white; when the column is hidden, the button's text is gray. There are also blue buttons; these don't affect the columns and I'll explain them later. They have management functions.

By pressing the "INCREMENTS" button we can add columns to our panel and display more information.

By pressing the "CONDITIONS" button we can add columns to our panel and display more information.

The same applies to missing buttons; we can add or remove information with just one click. Here are some more examples:

Let's get started:

First step:

Is to adjust the downloads. To do this, we'll adjust our MT5 settings as follows (see the images). Without these adjustments, two things will happen. the EA won't work properly, and excessive data will be downloaded to your PC, unnecessarily consuming your storage space.

Adjust the maximum chart downloads and activate all symbols in Market Watch.

Second step:

When you run the EA for the first time, you will see the image shown below (see image). Most importantly, you must be patient, as the EA takes more or less time to display the information depending on the market it is scanning. Also, keep in mind that the speed at which the panel is displayed depends on your PC; a better PC will display the information faster. If you run the EA by default, it should load 500 symbols from the American market. These 500 symbols are downloaded by default from the H1, H4, and D1 timeframes. The resources required for proper operation are approximately 50GB (it takes about 3 minutes the first time in my case). The number of historical data downloads depends on the specific features and configuration you require (configuring 500 symbols for M1 is different from configuring 500 symbols for H1 or H4). If you work daily, everything necessary for your chart management will be downloaded automatically in the background. If you use it for forex trading, the download size decreases considerably, and around 20GB would be more than enough.

Important note: If you're scalping, you don't need to work with 500 symbols; 20, 50, or 100 are more than sufficient. This significantly reduces the resources and downloads on your PC. All of this is fully configurable.

Let's look at the header now:

Image 1. In the parameters we can put the title of the Scanner (FOREX SCANNER) the title will be shown plus a - (and the market type in the example appears FOREX) remaining as shown in the image FOREX SCANNER - FOREX (FOREX SCANNER - FOREX).

Let's continue looking at the header:

Image 2. The next button contains information about the set we're using to configure the scanner.

Let's continue looking at the header:

Image 3. The next button displays information about the current status of the EA in relation to the market: "OPERATING," "MARKET CLOSED," "STARTING," etc. This information will change depending on the market status or panel updates.

Let's continue looking at the header:

Image 4. The next button is "STUDY". Clicking the study button removes the analysis columns and generates a forward test. As you can see from the different columns, this test uses the ticket, the signal from which the strategy originated, entry date, price, current price, exit price, exit price, status, days, days+, simulation, and Var% data. This runs automatically in the background. What I'm looking for is to see what happens with the signals the panel gives in the short, medium, and long term.

These tests run in the background, generating a CSV file in the MT5 "FILES" folder for later analysis.

These signals can be sorted by ACTIVE, CLOSED, and ALL.

Clicking the "SIMULATION" button removes the information that generates the monetary results.

Let's continue looking at the header:

Image 5. We can see the number of symbols loaded in the panel, as well as the pages that can be navigated if desired, which can be done using the arrows indicated with a yellow arrow.

Let's continue looking at the header:

Image 6. We can load two templates to open charts with our favorite template. From the symbol column, clicking on the ticket name will open a chart. If PLT1 is activated, PLT1 will open; if PLT2, PLT2 will open. We just need to enter the template name in the expert parameters.

Let's continue looking at the header:

Image 7. Clicking on these buttons captures the symbol positions. This is used when there is no historical data and forces the scanner to work faster. It updates the CP, C, MP, and M columns (affecting the DIF1, 2, and 3 columns). While forcing these changes isn't a good strategy for the medium to long term, it's useful for scalping or intraday trading (it refreshes the data faster). It's best not to touch this at first, as it distorts some of the information. It can help advanced traders who fully understand the scanner, but if you don't know it well, it's best not to touch it.

I will explain how these columns are related later.

Let's continue looking at the header:

Image 8. “DOWNLOAD DATA”. This is used to download historical data. Clicking the button will start the download. Note that the scanner automatically downloads historical data, so it's not necessary to click it. This option is used in emergencies (to restore historical data after an unexpected deletion) and should only be clicked when you won't be using the scanner for several hours. It performs a deep download of the selected symbols, so it takes a long time if many symbols are selected.

Let's continue looking at the header:

Image 9. “CSV ACTIONS”. It is used to save selected symbols in CSV format for later import into other platforms such as TRADINGVIEW, IB, etc. It can also work in "CSV MODE." I'm currently explaining the normal mode, or market observation mode, but when the scanner switches to "CSV MODE," it becomes much more powerful, as it pre-selects the best assets. In other words, it pre-selects and ranks the very best.

Correct steps: Select the symbols you want from the sel1, 2, 3, or 4 column. You can also click the sel1, 2, 3, or 4 button if you agree with the signals suggested by the scanner. Clicking the X button changes it to OK and turns green. Once you have OK (GREEN) on the symbols you want to save, click the "CSV ACTIONS" button in the header. This will generate a CSV file in the "FILES" folder, which you can use in various ways, as mentioned previously (everything is fully customizable).

Let's continue looking at the header:

Image 10. Pressing "RECALCULATE" recalculates the panel, updating positions, signals, etc. If you leave the default parameters, the panel recalculates every 5 minutes. You can adjust this to the desired interval. This button is used to perform a recalculation outside of the default time frame.

Let's continue looking at the header:

Image 11. Clicking "HIDE CHARTS" hides the sparklines that were previously opened to the right of the data displayed in the panel. The sparklines adapt to the remaining space on the right, making the charts larger or smaller depending on the available space.

First. Click the "Chart" button. The sparklines will open. If you want to see another symbol, continue clicking "Chart".

Second. Click "HIDE CHARTS" if you don't want to see them.

Here are a few entries with an adapted strategy based on the SCANNER on different dates. The strategy itself isn't as important as the current state of the asset.

As you can see in the order comments, the entries occur on different timeframes and on different days.

These are some of the selected entries from the 500 symbols; the rest are waiting for their signal based on the strategy (the panel has already selected them). In image two, you can see some of the charts that are open awaiting the signal based on the strategy and on which timeframes.