The Multi Signals Dashboard Metatrader 4 forex indicator provides traders with powerful market insights.
The indicator detects bullish and bearish trends for 5 popular technical indicators and displays the outcome in one simple to read mini dashboard on the main activity chart.
It scans the MACD, PSAR, MA, MACD and ADX technical forex indicators.
The Multi Signals Dashboard forex indicator draws a blue symbol when the trend is bullish for the technical indicator. For instance when the MACD trades above its zero mark.
The Multi Signals Dashboard forex indicator draws a red symbol when the trend is bearish for the technical indicator. For instance when the RSI trades below the 30 level.
Finally, it calculates the total sum of bullish/bearish price developments and displays the outcome “ALL”.
A blue “ALL” symbol means the overall trend is bullish. This is a signal to look for buy trade opportunities.
A red “ALL” symbol means the overall trend is bearish. This is a signal to look for sell trade opportunities.
The Multi Signals Dashboard forex indicator provides buy/sell signals for the M1, M5, M30, H1, H4 and D1 charts.
The USD/JPY Hourly chart below displays the Multi Signals Dashboard Metatrader 4 Forex indicator in action.
Basic Trading Signals
Signals from the Multi Signals Dashboard MT4 forex indicator are easy to interpret and goes as follows:
Buy Signal: Open buy trade when the outcome symbol “ALL” is blue colored.
Sell Signal: Open sell trade when the outcome symbol “ALL” is red colored.
Trade Exit: Use your own method of trade exit.
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Variable (Signal Buy Color, Signal Sell Color, Corner, Scale) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: Multi Signals
Copy and paste the 1-min-micro-trading.mq4 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)