RSI Multicurrency Scanner Dashboard for MT4/MT5

The RSI Multicurrency Scanner Dashboard is a comprehensive tool for traders using the Relative Strength Index (RSI) to identify overbought and oversold conditions. This dashboard offers seamless monitoring of multiple currency pairs and timeframes, providing real-time alerts and actionable insights to enhance trading performance.

You can find the MT4 version here RSI Multicurrency Scanner MT4

You can find the MT5 version here RSI Multicurrency Scanner MT5

Key Features

1. Multicurrency Monitoring
   Scan a broad range of currency pairs, including forex majors, minors, and exotics, as well as special symbols like XAUUSD and BTCUSD.

2. Multi-Timeframe Scanning
   Monitor signals across timeframes from M1 to MN1, with the ability to enable or disable specific scans to align with your trading strategies.

3. RSI Indicator Integration
   The scanner incorporates the RSI indicator with fully customizable parameters such as period and applied price. Four advanced entry strategies are supported:

   • Entry at Oversold/Overbought Levels: Signals generated when RSI enters these zones.
   • Exit Oversold/Overbought Levels: Signals triggered when RSI exits these zones.
   • Reverse Levels: Opposite signals when entering overbought or oversold zones.
   • Threshold Strategy: Buy when RSI is below the lower level and sell when RSI is above the upper level.

4. Confluence Signal Alerts
   Alerts are triggered when selected timeframes align with the same directional signal, increasing the confidence in trade setups.

5. Custom Alerts and Notifications
   Stay informed with real-time alerts via pop-ups, email, and push notifications, ensuring you never miss critical signals.

6. Responsive Dashboard Design
   Signals are displayed in an intuitive grid layout, grouping symbols by base currencies and displaying signals for each timeframe. Each cell indicates the signal and shows how many candles ago it occurred. The dashboard dynamically adjusts to any screen size.

7. User Customization
   Customize panel size, colors, and text scaling. Filter symbols, timeframes, and RSI parameters to match your trading preferences.

How It Works

The dashboard continuously scans selected currency pairs and timeframes using the RSI indicator. It highlights signals based on the selected entry strategy, with confluence signals emphasized for quick recognition and action.

Why Choose This Dashboard?

The RSI Multicurrency Scanner Dashboard simplifies market analysis by combining advanced RSI strategies with multi-timeframe confluence, delivering actionable insights and real-time alerts for smarter trading decisions.

Input Walkthrough

General Settings

• pairsList1 : Customize the list of symbols to scan, including forex pairs, metals, and cryptocurrencies.
• SCAN_LAST_N_CANDLE : Define the number of candles back the scanner should analyze for signals.
• Panel Customization: Adjust panel height, width, and text scaling with inputs like PANEL_HEIGHT_PCT , PANEL_WIDTH_PCT , and PANEL_TEXT_PCT .
• Colors: Configure colors for symbols, base currencies, and signals (bullish, bearish, neutral).

Timeframe Signal Settings

• Individual Timeframe Scanning: Enable or disable scanning for specific timeframes (e.g., ENABLE_IND_1M , ENABLE_IND_5M ).
• Confluence Timeframe Scanning: Configure confluence alerts for selected timeframes (e.g., ENABLE_1M , ENABLE_5M ).

RSI Settings

• RSI_PERIOD : Define the RSI period for calculations.
• RSI_APPLIED_PRICE : Select the applied price (close, high, low, etc.).
• RSI_UPPER_LEVEL , RSI_LOWER_LEVEL : Set overbought and oversold levels manually or automatically.
• entryStrategy : Choose from four entry strategies:
  • Entry at Oversold/Overbought Levels
  • Exit Oversold/Overbought Levels
  • Reverse Levels
  • Threshold Strategy

Alert Settings

• ALLOW_ALERT : Enable or disable pop-up alerts for signals.
• ALLOW_NOTIFICATION : Send push notifications for real-time updates.
• ALLOW_EMAIL : Receive email notifications to stay informed of market signals.