How to Build Your Own Screener Page in MetaStock | Traders4Traders | Forex Trading

okay Traders now welcome to the uh the session here the training session on metastock now showing you how to make your own screener okay on the monitor Pages this is a um this could be really important because the pages I use the main screener Pages they guide me around the market right I don't have to go looking to see what is impacting what I can see very clearly um by looking at the specific way I set the P the screeners up up to see what activity it is now I've got a couple of probably three main screeners that I use okay there's the global markets which is this one here okay I've got the uh equities at the top uh us equities then Asian Pacific then European flows into the major currencies then Commodities I got us treasuries uh and then the sort of global 10year bonds and then on the right hand side I've got each of the uh the major currencies right so and actually these are all relative strength so some of these that are quoted the other way around I've flipped them to so so you can see very clearly is Euro going up or down against you know every or sort of the major Pairs and then it can sort of really isolate where there is weakness and strength across the board okay so that's one of the one of the key ones it's just a good overlay for me to look at now if I'm looking for something a bit more specific then I've got might follow the trail right and you know if you guys sign up to metastock You'll obviously get these templates but you've got the North American equities at the top now if we have a risk on riskof profile that'll be reflected in the currencies and you can see the NASDAQ and the S&P Min Dar going up giving us a risk on profile you can see very clearly that that is flowing into the currencies and that should make you comfortable uh where price action is going and what is actually happening so and then if you want to take that a step further and you're not sure you can have the risk uh risk on riskof pairs now the the risk on or the risk currencies right are Aussie kiwi and CAD traditionally right that's that's what we're talking about so I've just got those highlighted you can see those pairs is going up at the moment then you've got the safe havens okay gold whether it's the dollar Yen Swiss or even uh the cryptos at this stage like Bitcoin is really behaving like a really good safe haven and then you've got the components of the oil trade the rest of the Commodities um you know us treasuries risk reversals and then the currencies once again relative strength on the right hand side so this isn't there like a lot of people sort of set these up and you know they show their friends and go look I'm looking at the market but they've got to mean something to you so me showing you how to do these screeners will allow you to add your own personal touch uh onto the screens so then you can follow exactly the way you look at the markets right I do show everyone how how I do it but as you develop your skills you should be in a position to go you know what I need to fine- tune things and it could be a situation uh if I just come back to that other page just for a second where say for instance you're in the UK right so you might up here you might just have UK um equities right you may have the currencies you may have uh Sterling over here as the as the as the instruments you're looking for and so you can really find tune it to your own location personal preference profile all these sorts of things the other one is is a big giant uh screener page where I've just got the relative strength of the dollar against sort of everything so I can see what's happening across the board um with the dollar and then obviously Euro Sterling you've got uh aie kiwi CAD okay the rist pairs and then you've got the safe havens over here as well right so that just gives me a good overview I like the um and this this is really coming down to personal preference I like the way and I'll show you how to do this um looking at the uh the heat Maps right whether you like it this way there's a whole different range of ways you can do it uh but there are a couple of key features here that I think are worthwhile you know anyway let me just get into it and and make a bit more sense to you all right so if I just come back to the global markets page now if you if you do have there's two platforms as well right there's um lseg London Stock Exchange group has has bought well refini bought metastock and lscg bought refini so they have they are they are using the same platform there's a couple little differences but the monitors are exactly the same so whether you're using LSG or um stock icon they are the same thing basically now up the top right hand corner there is the icon right so if I click on that what you're looking for is the monitor okay it's like I can't click on the pen off that whilst that's there so if you click on the monitor okay you'll get a uh a page popping up on one of your screens there now I can pull that out of the manager page and just make it a full screen now if you've uh got access to this I actually did post uh just a short while ago the templates in here right my my sort of well the major templates I've got the global markets okay which I just showed you and then you've got my follow the trail and then I just for example I just put in there the global Equity markets right because then it can sort of really you you'll start to see you can actually build templates here to make it super easy for you to understand what is actually happening in the market and the idea is is trying to identify what is driving what because when you know where the the focal point is you'll know whether it's the way the markets correlate or they impact each other what the the next impact is going to be all right so now just coming back to this page before we start getting into right should to share the right screen okay before we uh get into this so the key one to these screeners right and it's just a bit of experimentation but it's the starts with the Rick the Rick code right so if you've get the right code you can get those off the templates then it makes the job easier now let's just get back onto our page and I'll show you just run you through the bits and pieces here so you've got a monitor page here right so you get at the top and you want to give these things a heading okay so so for instance I duplicate the uh my follow the trail I'll just do the start of this and it will make a lot of sense um you want to insert a head a row right give it give it a name okay so at the moment I've pulled mine uh North American Equity Futures I mean you can actually just pull us equities or whatever you want to do [Music] um but just make it so you know exactly what you're looking at and you've got your your name there so now I tell you what looking at a a blank screen and with no color and this is why I put color into the using the heat map and a few other things it's to sort of brighten my day a bit so now right click on that header you can come down to header row colors just come down and you can choose anything you want right you've got the whole spectrum of colors there I'll apply that text color white and just hit okay and there's a nice funky uh page there now as sort of so now from here it just comes down to the rig code so you can just double click on that or just leave it there and type in some uh RI codes right so so for instance you want to get the um uh Dow Jones mini right where we do have access to that so you can just type in DJ mini um and then you want to S come through and sort of find out which one we're we're on and uh actually let me just come back I've got the cap caps lock on there DJ mini and then can sort of come down there's a whole range of them right so the uh the main one I want to sort of click on is this puppy here I like to sort of like June you know gives it give it a bit of time so you can see the data coming up here right and I already have a few things laid out okay at the top now just with that let me just get my pen over there right so you get the Rick code and once that's there it'll populate depending on what columns you've got set up so there's the name last the daily Change Daily percent um and then you got the week to date month to date year to date and the yield right now you can choose the columns as you see fit now and then there's a range of things here too because see how the bar here it sort of shows you a bar right and that can either be sort of good for you or not I used to use the bar but I I ended up changing it now now if you wanted to add an extra column in here or even say change the yield right you just double click on it and say I want to get the intraday range feature I just type in intraday and there'll be a whole range of intraday things coming up with that heading now at the top one there is the one I want to get so so I've got that sort of set up and then I want to you know I want to bring it over here so I can sort of see what's going on a little bit closer to the action all right so then I can just widen that out um you can just slide The Columns along to make them fit a little bit tighter give yourself a little bit more real estate um and then we can come back and sort of change some of the names Etc once we get things rolling okay so from here let me just roll down and and give you a couple of others um and just going off the template that I put into um uh into the Discord there you can you can follow these RI codes and it's just a matter of just punching them in right so um just looking at my template there now don't worry if you make a mistake you can always go back and and just correct it okay the um let get a couple of more because it one like all the features of um uh metast stock once you understand and how to how to do the things um then it becomes sort of Child's Play that it's just a matter of experimenting with what you like to see and the way you want to see it okay so let me just get um okay so there's say your North American Equity Futures right now if I want to make another list say for instance I put um say Euro right and I just whacked that in I'm like oh hang on a second I've got my euro is in amongst all the uh North American equi so what you can do is just click on the left click on the on the column on the row sorry right click and just go insert header row Okay then if I want to start put in there the major currencies okay just so I know what they are I can just type in major currency Pairs and then left click on that row and come come down for me I like to give it a bit of color it sort of separates the columns a bit right now I know that strong pink is a little bit hard to look at but um actual fact it's hurting my eyes the uh so what I'll do is I can just come back and give it a bit of a softer touch it's probably too soft but we'll just leave it there for the moment and then once again with the Mages it's pretty easy right so just equals um and I like to sort of set these up right according to to like the profile the way they're qued so if I want to see a risk on riskof profile I always put Euro steing o kwi together right then I can add the um the dollar Index okay as a reference point for the start of the dollar Pairs and then you've got the swissy uh the Yen and the cad right so you can see how easy that is to uh build those pages now what I if looking at the the various aspects now once again at the top here you can drag the The Columns across pretty easily okay so but what I can do is I can actually change things right so if I right click on the daily change there um and I go to format actually don't want to I just actually well let me just stay here for the moment um the uh because what I want to do is change the name there but I'll come back and do that in a sec so this is a number right the daily change it's like the change so what I can do is I can make it a heat heat map and you can have a blinking based on this column okay decimal places four now if I hit okay I've centered the uh cells okay so that will sort of now flash red or green depending on what's going on right and it should keep the numbers white which is uh so you're not getting distracted by the the numbers I've got the last number here the last movement as a color base um then now I don't want to do that up the top here you can see rename label um I'll just call it uh say net change we could call a daily change whatever you like to have so you get the net change you got the intraday high and low and then I got the daily percentage and uh these things here see now there's two ways you can do it right we can have the bars so if I just right click on the column at the top come down to format okay now this will give you all the options now this is a percentage so it's best to have it set up as the value format percentage now the display type style you can have a general bar heat map or conditional color and if you hit conditional color you can actually um put it above a certain level or below or equal to and that will sort of set the color tone now the easiest one I think you either go for a bar or a heat map right and you you know what you may not be into the colors you can actually come back and change the conditional coloring to what you like or you can just stay with the general heat map um percentage have it blink okay now if you if you want the color text based on net change or something else well then you'll come into I think it's the general there and you can actually change that as well now heat map will give us what we need okay and as you can see instead of like just getting swamped by all these green I mean it's the same sort of thing it's just as I said it's it's a real personal preference um into that blink background or not um now one other thing there was a there is a setting actually in the actual settings where you can actually change the whole settings here to be um blue um and a whole range of things if I just come down to preferences I think actually I think it's in the main settings so I'll come back to that so you just got to make a bit of a choice here what you want to do as far as um um adding some sort of blinking feature here right now week to date month to date year to date now there's other things you can put in here now one thing I like to know is is is the time like some of these instruments may not be updating as regularly as you want now if I just come in and format that I just like to uh sit that there okay so I got the time once again and with some of these instruments like especially the equities you want to know if the price is is current so I'll just put the date like you want the date the current date in there and once again I'll just cender that so it's I'm a bit of a stickler for uh getting things exactly the way I like it so the time now you might be sort of thinking okay this is great I might just put the time over here next to the Rick the Rick code and then uh you got the time there now once again this is obviously personal preference so you can see the updates um according to the time now sometimes you can sort of get lost with it over there there's so much data so you can bring it back to um at the end of the column and you can just sort of see okay when was this thing last updated now up the top here you can see I've dragged NASDAQ above the top sort of just click on it and then left button just drag it back down okay and it's back into where it needs to be okay and then you can start you can start moving these things around just by clicking on them and dragging them up or down right so that one there's not behaving for me uh the rest of these columns well once again just experiment so right click on the column come to format and then you can see the profile at the top here bar you can just go General right just have it as a um a number and that will just uh obviously stay in in the color that um you want it now you might just go well you know what I don't like the blink okay so then you take it off blink and it just shows you the the change here the week to dat change in a in a color okay you know I generally like to see like make it as as powerful as I can so I'll have the thing blink and then also make it a heat map cell in the middle blink background based on this column and then you've got it there as well all right so the uh and you can just go through and just set your set your columns up now if you're looking at bonds right you're probably going to need the yield in there because that's sort of the only part we get set up I mean we only for those um for the bonds it's really the only sort of bit of data once again just coming into the yield you can go percentage to like heat map if you like and just put um cell right in the middle so if I did uh come over here let me just move my pen for a second right and now you can just go down down anywhere here and just type in a number and it will come up on your um uh on your on your page right so oh my God it's just throwing itself straight up there in the middle right we're going to have to set up another heading so what you would do is you set up a heading here insert head a row just double click on that we should be able to do it okay so if I just put uh us treasuries uh once again just right click on the on the row come down choose the colors that you want and then you're on your way you know okay so once you got the header then it will start to categorize where they are if you just put it anywhere it'll go back into the list so the um and that's it so then you'll start to see the yield over here I just get the pen right you can see where this is starting to come into play the um and then you can sort of keep like it makes it easy to see is the yield on the US um treasuries going up or down right and that's so what what I would generally do is is so you get a good cross-section you get the US 3 year five year now what I can do at the top here is just widen it out so you can see what you're what you're doing okay fiveyear treasuries uh 10 okay now I think I've actually set these up now if you click at the top here depending on um see the time so there's there's one thing that's dominating you can see that they are sort of changing around depending on the time it all these columns will change so what you need to what you can do is you can either have it set so the most recent update goes to the top of the list but if I come up the top here click on time until that arrow goes off okay then you can actually sort of get some um formation here around uh keeping these things in line so once again if I click um you can put daily percentage change you could have the um the the worst change at the top or and and have it scaling the other way or the lot or the other way around or just have it basically the way you set it up so you can actually change the way these things come up on your um on your page all right um okay so there's your treasuries and that's this is why we would have the yield in there now what you can do right so you can see exactly what's happening there and this is a a really good idea especially if you are building pages around templates now what I would do is if I had bonds and I haven't sort of fully laid this one out well I actually have but uh let me just change the screen here right so if you come over here to the bond page the um you'll see that uh pen where's pen okay okay you can see here I've got the US treasuries Aussie bonds kiwi bonds Sterling bonds German bonds Swiss CAD Yen right you can see them all and you can see what's going on especially with the yields all right now this is not a bad example to for me to sort of update so if I wanted to change the yield here um to say a blinking background or not okay so I wanted the damn thing to Blink I come up the top here percentage I'll go heat map and let's just have a look there and you'll see um it'll just give you the the heat map of what's happening with with the bond movements and you can sort of see just on a visual basis that um okay the German bonds aren't moving up as high as the US bonds uh and even the Swiss ones are a bit colder and the Yen very cold right so you can see what's moving against what and that could sort of give you some sort of basis for um okay hang on a second uh maybe I should be buying because this is all about interest rate yields right maybe I should be buying dollars uh against the Yen anyone seen that in the markets well clearly right that's you can see that um very clearly so you can sort of match up the bond movements with you know what impact it has this is like an interest rate differential so to speak so and what else is going higher well the Swiss bonds IC c as well right so you can see a part of the reason why dollar Swiss and dollar Yen higher it's just basically the bond yields right it's just a shift in like interest rate differential so that's exactly what the an application of where these screeners can come into play all right so um so just go through and and and work with this because you know there's and some of these instruments like the bonds don't have the week to date month to date year to date but they do have the yield right so you can sort of keep up to date with what's going on they do have the range so you can see where these are as you sort of scroll down through the page and you can do the same for the equity markets right so then you can start to see how build a relationship between um you know equities bonds and then the currencies and for instance you might have on a page here like you build up a safe haven page and this is something I might do after this is um I have my safe havens in play but I maybe I have also just us bonds Swiss bonds and Yen bonds put those there with the safe haven currencies and see what's happening on the dollar and see how the relationship between these uh impacts the movement of those specific major pairs okay the US well dollar Swiss and dollar Yen okay so bonds uh we can do the same for um as I said Equity markets if you want to see how like the equity markets are basically attached to the hip right us equities Dominate and that flows into usually the Asian equities and then the European equities they're a sort of mirror of each other uh unless there's obviously a localized event which would change things and uh I don't know if I've got one there for the stocks because it's like individual stocks I don't track a lot of individual stocks myself uh but you could set up um a page there for the individual stocks and same with the Commodities actually I've I've got uh more relative strength stuff there than the general screeners okay so that's the uh the general framework for how you can uh easily build and apply the the screeners right so you know what you can actually as I said just just think about what you're looking at and you're thinking you know what how can I get a bit more information about how the um the safe havens are behaving and as I just explained to you you could actually uh very easily do that and once again you might just go and say you know I'm just going to um insert another header row here and just go safe havens right I'll just right click on that to give it a bit of color so I know what I'm looking at just hit apply and if I'm looking at the safe havens right sort of say look at gold you can actually have a few uh Metals in here wouldn't hurt um Palladium you can you can put your favorite ones in um but uh on the DX the dollar Index you know at some stage the dollar will become the safe haven if everything blows up now you I I would prefer to put the US dollar in here against when the Yen against the dollar so you can see what the raw move is on um on the Yen okay and then the Swiss um I would definitely start to include cryptos even though I don't really trade them okay actively um so from there then you can put in the um so if I wanted to put in the Japanese bonds put the row in there ah sorry I've got the wrong looking at the wrong button okay insert head a row then I can come back back and put some uh Swiss bonds punch those in there have those there as well and you know what I could actually sort of drag down here if I wanted to um just get a little bit creative and move things around just click on your on your left Mouse at the top of us treasuries and grab the rest of them and then you can just drag those down below the safe havens didn't actually do a good job on that so I'll just need to drag these ones up okay so you can easily move things around uh where you need to see them once again just change the color get a color there I can see and then you just punch in the Swiss bonds and the the um uh the the Yen Japanese bonds and then you can actually start to see uh some sort of relationship between those various bonds right sometimes they'll be like correlating massively and you'll see the movements in um in dollar Yen and dollar Swiss very clearly other times it may not be that that active but that's the way you can actually set these up okay so it's it's um super easy and actually if I just come back and just show you okay let me just come back to the bonds page right so you are setting up a page here so I want the Swiss bonds what I can do is I can just left click on Swiss bonds actually I'll just go the whole section there copy now if I come back to my other page it's so easy to do this stuff what are you doing there if I just copy paste hang on I better come back to the bonds page because you can you can copy and paste these things across right so if I just come back to that page come on don't let me down now you got to put your finger on the right button that's something we're going to do contrl c all right let me just come back to the other page just to copy and paste situation okay let me just get rid of this one right click just go delete row okay so I've got the bonds there and you know what I don't want the Canadian bonds getting in the way so I can just just hit delete got my Yen bonds there I'll give that a bit of color let's give it something else let's go well that's a bit funky but that'll do for now okay so then you got your bonds here right and you can start to see um uh you know even you may even have the Yen crosses but if you've got dollar Swiss so whether it's the safe havens or um the other instruments on a long long long term perspective if I was looking at that and I didn't have any idea about what was going on and I and I told you that interest rates were a key driver of currency strength okay Andor weakness you can see the us treasuries are going up and and much greater than in relative terms to the Swiss and the Yen bonds and you might be thinking to yourself wellow that's that's interesting um wish I had have seen that before and if I just shrink that page and you come back and have a look at dollar Swiss and dollar yen okay I'm on the global page there let me just come back to here and you can see dollar Swiss and dollar Yen going up now there are other contributing factors you know short-term movements around economic numbers but long-term wise that does have a big impact on the direction of the various instruments right so you can start to sort of get a feel for how these things are behaving and if I just uh come back and then come back to my major page page I've got my monitor here and the last thing you want to do is is actually just save it right save that you can change the name of it so if I just go up here and I might just go save as um uh us let me just type in here us um us actually I might just put some numbers us Swiss and Yen okay and that could be the name of the monitor right so you can actually call it whatever you like um it will be saved as that and there it goes so you've got your uh your monitor saved and what you can as I said I've got loads of monitors up here so you'll end up with a whole range of different monitors for different things it's going to make trading easier to see various things as you go through your trading day all right and as I said like just looking at a page like this you know if it doesn't make sense to you now why I've got it set up like this well have a look through the videos and the course and these sorts of things but then start to build your own profile as I said I've just showed you one there around looking at some bonds and various um instruments um it's going to give you greater control over your trading decision process like if I had a quick snapshot of this and it's on the instruments haven't moved far if I was looking at the Aussie I'm like hang on the Aussie's Aussie Dollar's gone down against most things okay I could go and research why that is or if I was already short I could feel very comfortable and uh start to look for those opportunities there as well okay oil's falling you can see just see it very easily okay any questions there Raz rinda but I just wondered on the the example you showed uh when you created the the list on this particular one you've got up on your screen it's got two sides to it the left and the right side yeah how do you add the second that's actually a very good question right so this is one difference between metastock and the new lscg workspace is the this just flows from one side to the other so what you would do is you just keep building one side of it up okay and let me just come over to the other screen I'll show you on the one I've built okay I'm on that screen okay so when do is you come down here to preferences this is a very important question I should I should have mentioned this so when you've got this page here okay so there's a couple of things to note right with with the actual preferences here of uh this page now hang on am I on the right page sorry I'm wasn't on the right page there so just uh having a look here the there's a couple of different things uh you can you can set up to show custom data feeds uh the row height okay you can change that as well now if I just actually go in there and change that okay you might go compact obviously will make things squished up a little bit if you want to get a bit more data in there or just visually depending on the size of your screen once again just click on those um horizontal three lines come down to preferences you can go spacious okay see it a bit better once again just come up prefer es just have a fiddle with this right so if I go regular um new sources do I need to see the new source I generally don't uh but I can actually include more news if I want to um news sources now this is the important part that you were just asking me there about the pages now with metastock right these are one big giant page and so at the moment because I've only got enough data in the screen I I I put it as don't wrap but if I want to see this thing so I had two two parts here I go uh I can do auto rrap or wrap after a certain amount so if I just go down here and make it say 20 okay see then it goes onto the other screen right so this is where you might especially with two screens you might just come in and go I can't I can't see anymore right because I've got so much data in there so you can come down to compact hit okay and then this is where you would start to adjust the size of your columns right to make sure you get the two screens in there the other thing is so and if you're very close to the bottom right of the page you just come in because you want this page to be at the bottom right so you might go hang on a second I just want to get this right on the line so it wraps it at the bottom of the page instead of you scrolling down then you can just change the actual um the preferences there on the W itself or you can just come over here and go multiple tables two and then it will add a separate so you can either have one big giant monitor or two right that actual feature isn't on the lscg one it's actually a bit of an error on their part so that's uh if I go don't wrap okay it'll just bring the page back into one alignment perfect thank you okay so that's uh yeah that was a good question because it was probably a key part to where people would get confused with uh how do I do that um and there's there's a few other bits and pieces there you can look you can look at uh you can set as once you've set up one you can set it as the default or load system default or loads user default all right so that's a uh a good thing to know how to do all right so you should have some fun with that right and and do not like as I said you can actually save these as all different templates and different things so so for instance you are trading in the UK session just have one specific page everything related to Sterling um whether it's um you know Bond related currency related Equity related and a whole range of other things in there as well great thank you all right so that's that was good right this is just an easy walk through this is something you will do you know I would suggest suggest you do just if you've got a bit of spare time put some music on uh or whatever you like to do that relaxes you and just start to sort of piece it together it's like putting together a bit of a jigsa puzzle uh and as I said you can come up and easily come through and check out how you like the display right whether it's General um heat map or a bar okay then and once you've got it the way you like it you know what what'll happen you'll feel more comfortable in front of the screens because you looking at the data the way you want to see it you can see with the color preferences what what is happening and it it this is all about Creature Comforts right because once it comes down to trading the last thing you want to know is is be stressing or getting emotional over not being able to see specific data okay all right well that's a pretty good walk through there guys and uh if you have any other questions jump on the Discord but uh I think that's a wrap as far as showing you how to build the screener Pages it's uh it will be beneficial for you just take your time and uh set these things up correctly all right guys we'll catch you later on Cheers