Discussing the article: "MQL5 Trading Tools (Part 3): Building a Multi-Timeframe Scanner Dashboard for Strategic Trading"
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Check out the new article: MQL5 Trading Tools (Part 3): Building a Multi-Timeframe Scanner Dashboard for Strategic Trading.
In this article, we build a multi-timeframe scanner dashboard in MQL5 to display real-time trading signals. We plan an interactive grid interface, implement signal calculations with multiple indicators, and add a close button. The article concludes with backtesting and strategic trading benefits.
We aim to create a multi-timeframe scanner dashboard that provides clear, real-time trading signals to enhance strategic decision-making. The dashboard will feature a grid layout displaying buy and sell signals across multiple timeframes, allowing us to quickly assess market conditions without switching charts. A close button will be included to enable easy panel dismissal, ensuring a clean and flexible user experience that adapts to our trading needs.
We will incorporate signals from key indicators, including the Relative Strength Index (RSI), Stochastic Oscillator (STOCH), Commodity Channel Index (CCI), Average Directional Index (ADX), and Awesome Oscillator (AO), which are designed to identify potential trade opportunities with customizable strength thresholds. Still, the choice of the indicators or price action data to use is upon you. This setup will help us spot trends and reversals across timeframes, supporting both short-term and long-term strategies. Our goal is a streamlined, intuitive tool that delivers actionable insights while remaining user-friendly, paving the way for future enhancements like automated alerts or additional indicators. Below is a visualization of what we aim to achieve.
Author: Allan Munene Mutiiria