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Multi Forex Scanner Dashboard Metatrader 4 Indicator

    The Multi Forex Scanner dashboard indicator gives you a quick overview of the best currency pairs to trade.

    The indicator provides a lot of useful data.

    It displays the server time, time until candle close, price, spread, ATR value, Volume, RSI, Stochastic, ADX, Pivots and moving average.

    Selecting good pairs to trade:

    Look at both the ADX value and MA.

    The ADX must display ‘Strong Trend” and the moving average “MA” gives the trend direction, either “UP” or “DOWN”.

    Buy trade: ADX strong trend + Moving Average UP

    Sell trade: ADX strong trend + Moving Average DOWN

    Confirm the trade with additional indicators or with price action.

    Free Download

    Download the “FXTT_Fx_Scanner.mq4” MT4 indicator

    Example Chart

    The EUR/USD M5 chart below displays the Multi Forex Scanner dashboard Metatrader 4 forex indicator in action.

    Basic Trading Signals

    Buy Signal: Open buy position when ADX displays a strong trend and “MA” signals a buy trend. Confirm the buy trade with other indicators or analysis methods.

    Sell Signal: Open sell position when ADX displays a strong trend and “MA” signals a sell trend. Confirm the sell trade with other indicators or analysis methods.

    Download

    Download the “FXTT_Fx_Scanner.mq4” Metatrader 4 indicator

    MT4 Indicator Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: chart window indicator

    Customization options: Variable (update interval, ATR, volume, RSI, slow Stochastic, ADX, Pivots, MA), width & Style.

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: trend

    Installation

    Copy and paste the FXTT FX Scanner.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Indicators (paste here)

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