FX Five Indicator Average Dashboard for MT4

Multi-timeframe dashboard showing the average value of five core momentum indicators across multiple currency pairs to quickly identify overbought and oversold market conditions.

🔹 What the Indicator Does

  • Calculates a single average value of five indicators (0–100)

  • Uses five well-known momentum indicators

  • Displays values across multiple timeframes and symbols

  • Highlights oversold and overbought zones

  • Provides a BUY / SELL decision column based on consecutive timeframe alignment

🔹 Indicators Used (AverageFive)

  • Relative Strength Index (RSI)

  • Stochastic Oscillator

  • Money Flow Index (MFI)

  • Williams’ Percent Range (WPR), normalized to 0–100

  • DeMarker, normalized to 0–100

All five indicators are averaged into one composite value.

🔹 Color Logic

  • Blue (Oversold / BUY)

    • AverageFive value at or below lower threshold

  • Red (Overbought / SELL)

    • AverageFive value at or above upper threshold

  • Neutral (“–”)

    • Value inside normal range

🔹 Decision Column Logic

  • BUY

    • At least N consecutive timeframes below the lower threshold

  • SELL

    • At least N consecutive timeframes above the upper threshold

  • Neutral

    • No sufficient consecutive alignment

🔹 Supported Timeframes

  • M1

  • M5

  • M15

  • M30

  • H1

  • H4

  • D1

  • W1

  • MN1

🔹 Key Features

  • Multi-symbol dashboard view

  • Multi-timeframe analysis

  • Single composite oscillator (0–100)

  • Clean, grid-based visual layout

  • Fast scanning of market extremes

  • Optimized with cached indicator handles

  • Lightweight and non-intrusive

  • No chart clutter

🔹 Input Parameters

  • Dashboard Update Interval

    • Time between dashboard refreshes (seconds)

  • Shift for Calculation

    • 0 = forming candle

    • 1 = last closed candle

  • Period for Calculation

    • Shared period for all five indicators

  • Low Bound Threshold

    • Oversold level

  • High Bound Threshold

    • Overbought level

  • Min Consecutive Timeframes for Decision

    • Number of aligned timeframes required for BUY or SELL decision

  • Dashboard Placement X Coordinate

  • Dashboard Placement Y Coordinate

  • Pairs Column Width

  • Dashboard Cells Width

  • Decision Column Width

  • Dashboard Rows Height

  • Dashboard Text Font Size

  • Oversold Level Color (Buy)

  • Overbought Level Color (Sell)

  • Dashboard Header Color

  • Neutral Zone Color

Pairs

  • Up to 28 symbols

  • Each pair configurable individually

  • Empty fields automatically ignored

🔹 Recommended Usage

  • Market scanning for extremes

  • Multi-timeframe confirmation

  • Trade filtering tool

  • Mean-reversion strategies

  • Momentum exhaustion detection

🔹 Important Notes

  • Indicator does not open trades

  • Indicator does not repaint historical values

  • Best used together with price action or trend context

  • Indicator can be attached to any chart and any timeframe


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Attenzione alle truffe, questo indicatore e' distribuito esclusivamente su MQL5.com nota: questo indicatore e' per METATRADER4, se vuoi la versione per  METATRADER5 questo e' il link:  https://www.mql5.com/it/market/product/108123 TRENDMAESTRO ver 2.5 TRENDMAESTRO riconosce un nuovo TREND sul nascere, non sbaglia mai. La sicurezza di identificare un nuovo TREND non ha prezzo. DESCRIZIONE TRENDMAESTRO identifica un nuovo TREND sul nascere, questo indicatore prende in esame la volatilita' i vol
Neo Wave PRO
Nikolay Raykov
5 (1)
Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
Questo prodotto è stato aggiornato per il mercato 2026 e ottimizzato per le ultime build di MT5. AVVISO DI AGGIORNAMENTO PREZZO: Smart Price Action Concepts è attualmente disponibile a $200 . Il prezzo aumenterà a $299 dopo i prossimi 30 acquisti . OFFERTA SPECIALE: Dopo l’acquisto, inviami un messaggio privato per ricevere un bonus gratuito + regalo . Prima di tutto, vale la pena sottolineare che questo strumento di trading è un indicatore non-repainting, non-redrawing e non-lagging, il che lo
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
PRO Renko System
Oleg Rodin
5 (31)
PRO Renko System è un sistema di trading altamente accurato appositamente progettato per il trading di grafici RENKO. Questo è un sistema universale che può essere applicato a vari strumenti di trading. Il sistema neutralizza efficacemente il cosiddetto rumore di mercato che consente di accedere a segnali di inversione accurati. L'indicatore è molto facile da usare e ha un solo parametro responsabile della generazione del segnale. Puoi facilmente adattare lo strumento a qualsiasi strumento di
Legacy of Gann
Pavel Zamoshnikov
4.83 (12)
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
Altri dall’autore
The   Multi-Currency Indicator Dashboard  for MT4  is an assisting tool designed to monitor up to   10 currency pairs   across   6 essential indicators   in one compact, color-coded dashboard. Ideal for traders who value efficiency, this tool eliminates the need to switch between charts or timeframes. Whether you're a scalper, swing trader, or trend follower, this dashboard gives you an instant visual overview of market conditions across your preferred symbols and indicators. Note : This indicat
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The Multi-Currency Indicator Dashboard is an assisting tool designed to monitor up to 10 currency pairs across 6 essential indicators in one compact, color-coded dashboard. Ideal for traders who value efficiency, this tool eliminates the need to switch between charts or timeframes. Whether you're a scalper, swing trader, or trend follower, this dashboard gives you an instant visual overview of market conditions across your preferred symbols and indicators. Note : This indicator is not limited to
Average Sentiment Indicator  is a composite oscillator that combines the insights of five conventional technical indicators  — Relative Strength Index ( RSI ), Stochastic ( STO ), Money Flow Index ( MFI ), DeMarker ( DeM ), and William's %R ( WPR ) — into a single line ranging from 0 to 100. It is the arithmetic average of the five indicators after normalization. This tool is ideal for traders who want a noise-reduced perspective of overbought and oversold zones, potential reversals , and trend
Crossfire Dashboard is an assisting visual tool that displays real-time values of selected financial instrument's key technical indicators across multiple timeframes in a single, organized table. It enables traders to quickly assess trend strength, overbought/oversold conditions, and alignment across timeframes — without switching charts or manually loading multiple indicators. This dashboard is ideal for traders who rely on momentum, trend-following, or reversal strategies and want a clean bird
The Bollinger Heatmap is a visual tool designed for traders who want to track Bollinger Band extremes across multiple symbols and timeframes — all in one color-coded dashboard. This indicator scans up to 10 user-defined currency pairs  (or other instruments) across 8 major timeframes ( M1 ,  M5 ,  M15 ,  M30 ,  H1 ,  H4 , D1 and W1 ) and displays how far the current price is from the Bollinger Bands’ upper or lower boundaries in pips (1 pip = 10 points) . If the price is above the upper band,
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Multi-timeframe dashboard showing the average value of five core momentum indicators across multiple currency pairs to quickly identify overbought and oversold market conditions. What the Indicator Does Calculates a single average  value of five indicators (0–100) Uses five well-known momentum indicators Displays values across multiple timeframes and symbols Highlights oversold and overbought zones Provides a BUY / SELL decision column based on consecutive timeframe alignment Indicators Us
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