Parabolic SAR Multi Timeframe Scanner MT5
- Indicators
- Version: 1.0
- Activations: 10
Product Description:
Stop guessing the trend and start trading with certainty! The Parabolic SAR Multi-Timeframe Scanner MT5 is an advanced, lightweight dashboard designed to give you an absolute bird's-eye view of the market. Built specifically for the powerful MetaTrader 5 engine, it fully supports all standard and custom timeframes (such as M2, M3, H2, H12), giving you an edge that MT4 simply cannot provide.
Using the highly reliable Parabolic SAR (PSAR) algorithm, this dashboard instantly calculates and displays the trend direction of up to 22 currency pairs (or any symbols of your choice) across 8 completely customizable timeframes simultaneously. When all your selected timeframes align in the exact same direction, the indicator triggers an instant alert, ensuring you catch high-probability momentum shifts right at the source.
Whether you trade manually or need a robust visual filter while developing and optimizing Expert Advisors, this dashboard ensures you only execute trades in high-probability environments.
🌟 Key Features & Advantages
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Ultimate MT5 Flexibility: Unlike MT4, you can select any custom timeframe available in MT5 (e.g., M2, M10, H2, H6). Mix and match micro and macro timeframes to perfectly suit your strategy.
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Multi-Symbol Tracking: Monitor up to 22 custom symbols at the same time. Just type them into the inputs (e.g., EURUSD, XAUUSD, BTCUSD, US30).
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Smart Timeframe Toggle: Don't need 8 timeframes? You can easily turn off (True/False) any timeframe column. The dashboard will automatically resize and keep your chart clean.
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Full Consistency Alerts: Get instant Pop-up alerts with sound when a symbol aligns perfectly (100% UP or 100% DOWN) across all your active timeframes.
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Spam-Proof Notifications: The alert system features a smart memory. It notifies you once when a full alignment occurs and won't spam you continuously during the same trend.
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Adjustable UI & Scaling: Easily move the dashboard anywhere on your chart (X and Y axis). Adjust the Font Size, Column Distance, and Row Spacing to make it perfectly fit your screen resolution.
📈 How to Use This Dashboard in Your Strategy
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Scalping the Markets: Select lower timeframes like M1, M3, M5, and M15. Wait for a "Full Consistency" alert. This signals a massive short-term momentum burst—perfect for surgical scalp entries during London or New York sessions.
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Macro Trend Tracking: For swing traders, set your dashboard to H4, D1, W1, and MN1. This allows you to stay on the right side of institutional money and filter out intraday market noise.
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EA & Prop Firm Filtering: Filtering out choppy, ranging markets is the hardest part of trading. Use this dashboard as your ultimate visual confirmation before turning on your Expert Advisors or taking a trade on a strict funded prop firm account. If the dashboard shows a mix of Red and Green cells, stay out. If it’s uniform, the trend is your friend.
⚙️ Input Parameters
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Symbols list: Type your symbols separated by a comma.
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X/Y Axis & UI Sizing: Move and scale the dashboard horizontally or vertically.
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PSAR Step / Maximum: Standard Parabolic SAR settings (Default: 0.02 / 0.2).
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Full Consistency Notification: Turn pop-up alerts On/Off.
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1-8 Timeframe Selectors: Choose your specific MT5 timeframes and toggle them True/False.
Note: For the dashboard to load instantly upon attaching to the chart, ensure that your MT5 terminal has downloaded the historical data for the symbols you entered.
