Seeking advice on scanners

Hello.. all
I am thinking of renting a pattern scanner for detecting wedges flags ect
what are your thoughts on scanners also if you could recomend a good provider or indicator.
many thanks.

There are many free ones here and other sources.
You mentioned wedges and flags. A wedge scanner is part of a scanner that Oanda offers for free. Just open a demo account and get it. I am attaching a flag indie.

Surely scanners can be very helpful as sometimes it gets really difficult to recognise a pattern and its truthfulness within different time frames. You can get with the broker and other online sources as well.

I will open a demo with Oanda..I downloaded the indicator.
many thanks m8.

Hello, I am interested in scanners for currency trading MT4 platform. If anybody could assist would be greatly appreciated! I saw a person using this scanners on youtube channel of warrior trading, and the person was using them quit well. As i understand the scanners are telling him following things (except of time and stock name et.):

1. which stocks are overbought/oversold on RSI indicators
2. candlestick patterns (consecutive bull/bear candles, (you can manually adjust on how many consequtive bull/bear candels scanner will alert))
3. It also shows the volume of a stock, and as i understand volume is not applicable for currencies (please comment on this, and any ideas for substition?)
4. one column also says "rel. volume" any ideas what is it?

thank you in advance

the scanners are shown in this video