Screen and compare multiple symbols¶

This guide shows you how to use Local MCP to build a watchlist, compare price action across symbols and identify potential trading opportunities.

1. Discover available symbols¶

Start by finding out what you can trade.

What trading symbols are available on my account?

The agent returns the full list of symbols. If you already know what you want to watch, skip to the next step.

To check a specific symbol:

Is XAUUSD available for trading on my account?

2. Get current prices for your watchlist¶

Define a group of symbols and request a snapshot of their prices.

Get the current bid and ask prices for EURUSD, GBPUSD, USDJPY, 
XAUUSD, and US500.

The agent returns the latest bid, ask, session high, session low and previous close for each symbol.

3. Compare spreads¶

Spreads affect your trading costs. Ask the agent to calculate them.

For EURUSD, GBPUSD, USDJPY, XAUUSD and US500, calculate the 
current spread in pips for each symbol and rank them from tightest 
to widest.

This helps you choose symbols with lower trading costs when you have multiple candidates.

4. Analyse recent trends¶

Pull historical data to understand the recent direction of each symbol.

Get the last 24 hours of hourly candles for EURUSD, GBPUSD, USDJPY, 
and XAUUSD. For each symbol, tell me whether it is trending up, down, 
or ranging, and what the total move in pips has been.

The agent fetches trendbars for each symbol and provides a plain-language summary of the price action.

5. Identify the strongest movers¶

Ask the agent to rank your watchlist by the size of their recent moves.

Based on the last 24 hours of hourly data, rank EURUSD, GBPUSD, 
USDJPY, and XAUUSD by the percentage change from the period open 
to the latest close. Show the result in a table.

This highlights which symbols have had the most significant directional movement and may offer the best opportunities.

6. Drill into a specific symbol¶

Once you have identified a symbol of interest, get a more detailed view.

For GBPUSD, show me the daily candles for the last 30 days. 
Identify the overall trend, any notable support and resistance 
levels, and the average daily range in pips.

Use this deeper analysis to decide whether to enter a trade.

7. Check if you already have exposure¶

Before opening a new position, check whether you already have positions in that symbol.

Do I have any open positions or pending orders on GBPUSD?

This prevents you from accidentally doubling your exposure.