Common Multi-Currency Scanner Dashboard Settings for MT4/MT5 at Tradingbotmaker
INPUT PARAMETERS & SETTINGS
General Settings
This section controls the core behavior of your multi-currency scanner dashboard. Think of it as the "engine room" where you decide which currency pairs to watch, how far back the scanner should look for signals, and how the entire panel looks on your chart. Getting these settings right ensures you're scanning the markets that matter to you without wasting resources on pairs you never trade.
Pairs List
This is where you tell the scanner exactly which currency pairs to monitor. You need to type the exact symbol names as they appear in your broker's Market Watch window, separated by commas. For example: EURUSD,GBPUSD,USDJPY,USDCHF,CADCHF,XAUUSD... If your broker uses suffixes like ".m" or ".fx", include them exactly as shown. The scanner will only look for signals on the pairs you list here, so keep it focused on the markets you actually trade.
Take From Marketwatch
When this setting is enabled (set to "true"), the scanner automatically uses all symbols currently visible in your Market Watch window. This is convenient because you can simply add or remove pairs from Market Watch without editing this setting. If you set it to "false", the scanner will strictly use only the pairs you typed in the Pairs List above, ignoring anything else in Market Watch. Most beginners leave this enabled for simplicity.
Scan last N candle
This number tells the scanner how many historical candles to check on each symbol and timeframe when looking for the most recent valid signal. A higher number (like 300) means the scanner searches deeper into the past, which can find older signals but takes slightly longer to process. A lower number (like 100) speeds up the scan but might miss signals that formed further back. The default of 200 is a good balance for most traders.
Header color
This sets the background color for the group headers in your dashboard, such as "EUR Pairs", "USD Pairs", and so on. Choose a color that stands out from the rest of the panel so you can quickly identify which currency group you're looking at. For example, a dark blue header against a lighter panel background makes navigation much easier.
Default Symbol Color
This is the background color for the symbol buttons themselves in the dashboard. Each currency pair gets its own button, and this color fills that button's background. Pick a color that contrasts well with the text and signal colors so the pair names remain readable at a glance.
EUR Color, USD Color, GBP Color, NZD Color, AUD Color, CAD Color, CHF Color, Other Color
These settings control the background color for each currency group's row or panel section. For instance, "EUR Color" applies to all rows containing Euro-based pairs, while "USD Color" applies to US Dollar pairs. Using different colors for each group helps you visually separate currency families at a glance. You might use light gray for most groups and a slightly different shade for the group you trade most often.
Panel Height
This controls the height of the scanner dashboard as a percentage of your chart's total height. A value of 26 means the panel takes up 26% of the chart's vertical space. If you want a more compact panel that leaves more room for price action, try 20. For a larger, more detailed view, increase it to 30 or 35.
Panel Width
Similar to height, this sets the dashboard's width as a percentage of the chart's total width. The default of 50 means the panel spans half the chart horizontally. On wide monitors, you might increase this to 60 or 70 for a more spacious layout. On smaller screens, keep it at 50 or lower to avoid covering too much of the chart.
Panel Text
This controls the size of all text within the dashboard, including pair names, signal labels, and headers. The value is a scaling factor where 1.0 is normal size. A setting of 1.2 makes text 20% larger, which is helpful if you have a high-resolution monitor or prefer bigger fonts. Lower values like 0.8 make text more compact.
OverBought Color
This is the color used to display SELL signals on the dashboard. When the scanner detects an overbought condition or a bearish signal, it highlights that cell in this color. The default red is intuitive because red traditionally means "sell" or "danger" in trading. You can change it to any color that makes sense to you, like crimson or dark orange.
OverSold Color
This is the color used for BUY signals on the dashboard. When the scanner finds an oversold condition or a bullish signal, it uses this color. The default green aligns with the common "green means buy" convention. Feel free to pick a shade like lime or forest green that stands out on your chart background.
Arrow Up Size
This controls the size of the arrows or icons that appear in dashboard cells to indicate signal direction. A value of 2 is moderate and visible without being distracting. If you want larger, more prominent arrows that are easy to spot from across the screen, increase it to 3 or 4. Smaller arrows (1) are more subtle but might be harder to see on busy dashboards.
Bearish Arrow Color (Double Top)
This sets the color for bearish arrows that appear when the scanner identifies a Double Top pattern. Double Tops are classic reversal patterns that suggest the price may move lower. The default red helps you immediately recognize these as sell signals. You can customize this to any color that fits your visual system.
Bullish Arrow Color (Double Bottom)
This sets the color for bullish arrows when the scanner detects a Double Bottom pattern, which is a reversal pattern suggesting prices may rise. The default chartreuse (a bright green-yellow) stands out clearly against most backgrounds. Choose a color that you instinctively associate with "buy" or "upward movement."
Nutral Color
This color is used for signals or cells that are neither clearly bullish nor bearish—essentially neutral or indecisive conditions. The default gold provides a neutral visual cue that doesn't suggest direction. This is helpful for quickly identifying pairs that are in a waiting state rather than showing clear buy or sell signals.
show logs for troubleshooting
When enabled, this setting prints diagnostic information to the Experts tab in MetaTrader's Terminal window. This is extremely useful if the scanner isn't working as expected, because the logs will show you exactly what the scanner is doing, which symbols it's checking, and any errors it encounters. Keep this disabled during normal use to avoid clutter, but turn it on if you need to debug issues.
General Display Settings
These settings control how the scanner's visual elements appear on your chart, including lines, labels, and indicator colors. Think of this as the "look and feel" section where you customize the dashboard to match your personal preferences and trading style. Proper display settings make the scanner easier to read and less intrusive on your price charts.
CCI Color
This sets the color for the Commodity Channel Index (CCI) indicator lines or values displayed on the dashboard. CCI is a momentum oscillator that helps identify overbought and oversold conditions. The default blue is a neutral choice that doesn't clash with other colors. Pick a shade that contrasts well with your signal colors so you can distinguish CCI readings from other indicators.
MACD Color
This controls the color for Moving Average Convergence Divergence (MACD) indicator displays on the dashboard. MACD shows trend direction and momentum. The default blue works well, but you might choose a different color if you want to quickly differentiate MACD signals from RSI or Stochastic readings at a glance.
RSI Color
This sets the color for Relative Strength Index (RSI) indicator values on the dashboard. RSI measures the speed and change of price movements to identify overbought or oversold conditions. The default blue is standard, but consider using a color that complements your overbought/oversold colors for visual consistency.
STOCHASTIC Color
This controls the color for Stochastic oscillator values displayed on the dashboard. Stochastic compares a closing price to its price range over a given period. The default blue helps maintain a consistent look across all indicator displays. You can change it to any color that helps you quickly identify Stochastic readings versus other indicators.
Background line
When enabled, this setting draws a background line behind the dashboard panel. This line can help the panel stand out from the chart, making it easier to read. Disable it if you prefer a cleaner look where the panel blends more naturally with the chart background.
Hidden in the object list
When set to "true", the dashboard's graphical objects are hidden from MetaTrader's object list. This keeps your object list clean and uncluttered, especially if you have many indicators running. Leave this enabled unless you need to manually edit or delete dashboard objects for some reason.
Line's continuation to the right
This setting controls whether any lines drawn by the scanner (such as trend lines or support/resistance lines) extend to the right edge of the chart. When enabled, the lines continue indefinitely into the future, which can help you visualize potential price targets. Disable it if you prefer lines that only cover the historical data.
Highlight to move
When enabled, you can click and drag the dashboard panel to reposition it on your chart. This is useful if the panel overlaps important price action or if you want to place it in a specific corner. Disable this if you want to prevent accidental movement while interacting with the dashboard.
Line style
This sets the visual style for any lines drawn by the scanner, such as trend lines or signal lines. Options include solid, dashed, dotted, and other patterns. A solid line is the most visible and is recommended for beginners. Dashed or dotted lines can be useful for secondary or less important lines to reduce visual clutter.
Line width
This controls the thickness of lines drawn by the scanner. A width of 2 is moderately thick and visible without being overpowering. Thicker lines (3 or 4) are easier to see on high-resolution monitors but can obscure price action. Thinner lines (1) are more subtle but might be hard to spot.
Priority for mouse click
This determines which graphical object receives mouse clicks when multiple objects overlap. A higher Z-order value means the object is "on top" and will be clicked first. The default of 0 is fine for most users. You might increase this if the dashboard is being obscured by other chart objects and you want to ensure clicks register on the dashboard.
Label Offset %
This controls how far labels (like pair names or signal indicators) are offset from their default position, as a percentage of the panel size. A value of 20 means labels are shifted slightly to avoid overlapping with other elements. Increase this if labels are crowding each other, or decrease it for a more compact layout.
Timeframe Signal Settings
This section is the heart of your scanner—it decides which timeframes the scanner will analyze for trading signals. Think of each timeframe as a different "lens" for viewing the market. Shorter timeframes like M1 and M5 show you quick, fast-moving opportunities, while longer timeframes like H4 and D1 reveal the bigger picture trend. You can enable or disable each timeframe individually, allowing you to focus only on the timeframes that match your trading style.
Enable Individual 1Min Scan
When enabled, the scanner checks the 1-minute chart for signals. This is the fastest timeframe and is ideal for scalpers who trade very short-term moves. The default is enabled because many beginners start with M1 to see frequent signals. If you prefer slower, more reliable setups, you can disable this to reduce noise.
Enable Individual 5Min Scan
This enables scanning on the 5-minute timeframe, which is popular among day traders who hold positions for a few minutes to a couple of hours. The default is enabled because M5 offers a good balance between signal frequency and reliability. Disable it if you only trade longer timeframes.
Enable Individual 15Min Scan
Enabling this scans the 15-minute chart, which is a common timeframe for swing traders who hold positions for several hours to a day. The default is enabled because M15 provides more reliable signals than M1 or M5 while still offering multiple trading opportunities per day. Turn it off if you focus exclusively on shorter or longer timeframes.
Enable Individual 30Min Scan
This activates scanning on the 30-minute chart. M30 is a medium-term timeframe that filters out some of the noise from shorter timeframes while still providing several signals per day. The default is disabled because many beginners start with the faster timeframes. Enable it if you want to see signals that are slightly more reliable than M15.
Enable Individual 1Hour Scan
When enabled, the scanner checks the 1-hour chart for signals. H1 is a popular timeframe for intraday traders who hold positions for a few hours. The default is disabled because it's less active than shorter timeframes. Enable it if you prefer to trade based on hourly trends rather than minute-by-minute movements.
Enable Individual 4Hour Scan
This enables scanning on the 4-hour chart, which is a key timeframe for swing traders and position traders. H4 signals are more reliable and longer-lasting than shorter timeframe signals. The default is disabled because it produces fewer signals. Enable it if you want to capture medium-term trends that last several days.
Enable Individual 1Day Scan
Enabling this scans the daily chart for signals. D1 is a major timeframe used by long-term traders and investors. Signals on the daily chart are very reliable but appear infrequently—sometimes only a few times per month. The default is disabled because most beginners trade shorter timeframes. Enable it if you're a position trader or want to see the big picture trend.
Enable Individual 1Week Scan
This activates scanning on the weekly chart. W1 signals represent major market moves that can last weeks or months. These are the most reliable signals but appear very rarely. The default is disabled because weekly signals are too slow for most retail traders. Enable this only if you're a long-term investor or want to confirm the primary trend.
Enable Individual 1Month Scan
When enabled, the scanner checks the monthly chart for signals. Monthly signals are extremely rare but represent the most significant market trends. The default is disabled because these signals are too infrequent for active trading. Enable this only if you're analyzing very long-term market cycles.
Enable Individual 2Min Scan (MT5 only)
This enables scanning on the 2-minute chart, which is available only on MetaTrader 5. M2 offers a slightly longer view than M1 while still being very fast. The default is disabled because it's an MT5-specific timeframe. Enable it if you use MT5 and want an intermediate timeframe between M1 and M5.
Enable Individual 3Min Scan (MT5 only)
This activates scanning on the 3-minute chart, exclusive to MT5. M3 provides a middle ground between M1 and M5 for scalpers who want slightly more reliable signals than M1. The default is disabled. Enable it if you use MT5 and want to experiment with non-standard timeframes.
Enable Individual 4Min Scan (MT5 only)
This enables scanning on the 4-minute chart, available only on MT5. M4 is another non-standard timeframe that can be useful for fine-tuning entry points. The default is disabled because it's not commonly used. Enable it if you have a specific strategy that works well on this timeframe.
Enable Individual 6Min Scan (MT5 only)
This activates scanning on the 6-minute chart, exclusive to MT5. M6 sits between M5 and M10 and can be useful for traders who want slightly longer candles than M5. The default is disabled. Enable it if you use MT5 and want to explore additional timeframe options.
Enable Individual 10Min Scan (MT5 only)
This enables scanning on the 10-minute chart, available only on MT5. M10 is a useful intermediate timeframe between M5 and M15, offering a balance of signal frequency and reliability. The default is disabled. Enable it if you use MT5 and want more granular control over your scanning.
Enable Individual 12Min Scan (MT5 only)
This activates scanning on the 12-minute chart, exclusive to MT5. M12 is another non-standard timeframe that can help you find unique trading opportunities. The default is disabled because it's rarely used. Enable it only if you have a specific reason to scan this timeframe.
Enable Individual 20Min Scan (MT5 only)
This enables scanning on the 20-minute chart, available only on MT5. M20 is an intermediate timeframe between M15 and M30, offering slightly more reliable signals than M15. The default is disabled. Enable it if you use MT5 and want to fine-tune your scanning between standard timeframes.
Enable Individual 2Hour Scan (MT5 only)
This activates scanning on the 2-hour chart, exclusive to MT5. H2 is a useful timeframe between H1 and H4, providing a medium-term view. The default is disabled because it's not a standard timeframe. Enable it if you use MT5 and want to capture trends that last several hours.
Enable Individual 3Hour Scan (MT5 only)
This enables scanning on the 3-hour chart, available only on MT5. H3 offers a unique perspective between H1 and H4. The default is disabled. Enable it if you use MT5 and have a strategy that works well on this specific timeframe.
Enable Individual 6Hour Scan (MT5 only)
This activates scanning on the 6-hour chart, exclusive to MT5. H6 is a longer-term timeframe that provides more reliable signals than H4. The default is disabled. Enable it if you use MT5 and want to trade based on half-day trends.
Enable Individual 8Hour Scan (MT5 only)
This enables scanning on the 8-hour chart, available only on MT5. H8 is a significant timeframe that covers a full trading session in many markets. The default is disabled. Enable it if you use MT5 and want to analyze signals based on session-based trading.
Enable Individual 12Hour Scan (MT5 only)
This activates scanning on the 12-hour chart, exclusive to MT5. H12 is a very long-term timeframe that provides highly reliable signals. The default is disabled because it produces very few signals. Enable it only if you're a long-term trader using MT5.
Confluence Timeframe Signal Settings
Confluence is a powerful concept where multiple timeframes agree on the same signal direction. Instead of just looking at one timeframe, the scanner checks if several timeframes are all showing the same buy or sell signal at the same time. This dramatically increases the reliability of the signal because you're getting confirmation from different market perspectives. Think of it like getting a second, third, and fourth opinion before making a trade decision.
Enable 1Min Scan (Confluence)
When enabled, the 1-minute chart is included in the confluence analysis. This means the scanner will check if M1 signals align with signals from other enabled timeframes. The default is enabled because M1 provides the most frequent signals for confluence confirmation. Disable it if you want to exclude the fastest timeframe from your confluence checks.
Enable 5Min Scan (Confluence)
This includes the 5-minute chart in confluence analysis. M5 is a key timeframe for confluence because it's fast enough to provide frequent signals but slow enough to filter out some noise. The default is enabled. Disable it if you prefer to rely on longer timeframes for confluence confirmation.
Enable 15Min Scan (Confluence)
Enabling this adds the 15-minute chart to your confluence analysis. M15 is widely considered a sweet spot for confluence because it offers a good balance between signal frequency and reliability. The default is enabled. Turn it off if you want to focus on faster or slower timeframes for confirmation.
Enable 30Min Scan (Confluence)
This includes the 30-minute chart in confluence analysis. M30 provides more reliable signals than shorter timeframes, making it valuable for confirming trends. The default is disabled because many beginners start with faster timeframes. Enable it if you want stronger confirmation from medium-term timeframes.
Enable 1Hour Scan (Confluence)
When enabled, the 1-hour chart is part of your confluence analysis. H1 signals are more reliable and can confirm trends seen on shorter timeframes. The default is disabled. Enable it if you want to ensure that your short-term signals are aligned with the hourly trend.
Enable 4Hour Scan (Confluence)
This adds the 4-hour chart to confluence analysis. H4 is a major timeframe that provides strong confirmation for medium-term trends. The default is disabled because it produces fewer signals. Enable it if you want to confirm that your trades are in the direction of the 4-hour trend.
Enable 1Day Scan (Confluence)
Enabling this includes the daily chart in your confluence analysis. D1 signals are very reliable and can confirm the primary trend. The default is disabled because daily signals are infrequent. Enable it if you want the strongest possible confirmation from the daily timeframe.
Enable 1Week Scan (Confluence)
This adds the weekly chart to confluence analysis. W1 signals represent major market moves and provide the highest level of confirmation. The default is disabled because weekly signals are very rare. Enable this only if you're a long-term trader who wants to ensure alignment with the weekly trend.
Enable 1Month Scan (Confluence)
When enabled, the monthly chart is included in confluence analysis. Monthly signals are extremely rare but represent the most significant market trends. The default is disabled. Enable this only if you're analyzing very long-term market cycles and want the ultimate confirmation.
Enable 2Min Scan (Confluence, MT5 only)
This includes the 2-minute chart in confluence analysis on MT5. M2 can provide quick confluence confirmation for scalpers. The default is disabled. Enable it if you use MT5 and want to include this non-standard timeframe in your confluence checks.
Enable 3Min Scan (Confluence, MT5 only)
This adds the 3-minute chart to confluence analysis on MT5. M3 offers a unique perspective for confluence. The default is disabled. Enable it if you use MT5 and have a specific strategy that benefits from this timeframe.
Enable 4Min Scan (Confluence, MT5 only)
This includes the 4-minute chart in confluence analysis on MT5. M4 can help fine-tune confluence signals. The default is disabled. Enable it if you use MT5 and want to experiment with non-standard timeframes for confirmation.
Enable 6Min Scan (Confluence, MT5 only)
This adds the 6-minute chart to confluence analysis on MT5. M6 provides an intermediate timeframe for confluence. The default is disabled. Enable it if you use MT5 and want more granular confluence options.
Enable 10Min Scan (Confluence, MT5 only)
This includes the 10-minute chart in confluence analysis on MT5. M10 is useful for confluence between M5 and M15. The default is disabled. Enable it if you use MT5 and want to fill the gap between standard timeframes.
Enable 12Min Scan (Confluence, MT5 only)
This adds the 12-minute chart to confluence analysis on MT5. M12 offers a unique confluence perspective. The default is disabled. Enable it only if you have a specific reason to include this timeframe.
Enable 20Min Scan (Confluence, MT5 only)
This includes the 20-minute chart in confluence analysis on MT5. M20 provides confluence between M15 and M30. The default is disabled. Enable it if you use MT5 and want to fine-tune your confluence analysis.
Enable 2Hour Scan (Confluence, MT5 only)
This adds the 2-hour chart to confluence analysis on MT5. H2 provides medium-term confluence confirmation. The default is disabled. Enable it if you use MT5 and want to include this timeframe in your analysis.
Enable 3Hour Scan (Confluence, MT5 only)
This includes the 3-hour chart in confluence analysis on MT5. H3 offers a unique confluence perspective. The default is disabled. Enable it if you use MT5 and have a strategy that benefits from this timeframe.
Enable 6Hour Scan (Confluence, MT5 only)
This adds the 6-hour chart to confluence analysis on MT5. H6 provides longer-term confluence confirmation. The default is disabled. Enable it if you use MT5 and want to confirm signals with half-day trends.
Enable 8Hour Scan (Confluence, MT5 only)
This includes the 8-hour chart in confluence analysis on MT5. H8 covers a full trading session for confluence. The default is disabled. Enable it if you use MT5 and want session-based confluence confirmation.
Enable 12Hour Scan (Confluence, MT5 only)
This adds the 12-hour chart to confluence analysis on MT5. H12 provides very long-term confluence confirmation. The default is disabled. Enable it only if you're a long-term trader using MT5 who wants the strongest possible confluence.
Alert Settings
Alerts are your personal notification system that tells you when the scanner finds a new signal. Instead of staring at the dashboard all day, you can set up alerts to notify you via pop-up messages, push notifications to your phone, or emails. This way, you never miss a trading opportunity even when you're away from your computer.
Allow Alert
When enabled, the scanner will display a pop-up alert window in your MetaTrader terminal whenever a new signal appears. This is the most immediate way to get notified because the alert appears right on your screen. Keep this enabled if you're actively watching your charts and want instant notifications. Disable it if you find pop-ups distracting.
Allow Notification
This setting enables push notifications to your mobile phone through the MetaQuotes app. To use this, you need to set up the MetaQuotes ID in your terminal's Tools > Options > Notifications tab. Once configured, you'll receive signal alerts on your phone even when you're away from your computer. This is extremely useful for traders who can't sit at their desk all day.
Allow Email
When enabled, the scanner sends email alerts to your registered email address whenever a new signal occurs. This requires setting up email settings in MetaTrader's Tools > Options > Email tab. Email alerts are useful if you want a permanent record of signals or if you prefer checking your email rather than push notifications. Disable this if you don't use email alerts to avoid inbox clutter.
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