Description
Short Description: Scans up to 28 currency pairs simultaneously and displays trend direction and strength in an interactive on-chart dashboard.
Overview
The Multi-Pair Trend Scanner Dashboard is a powerful market analysis tool engineered for MetaTrader 4 and MetaTrader 5. It solves the critical problem multi-pair traders face: spending hours scanning individual symbol charts manually to find high-probability trend alignment across timeframes.
By consolidating up to 28 currency pairs and multiple timeframes into a single, sleek, color-coded dashboard grid, this tool provides an instant bird’s-eye view of market structure, trend strength, and high-confluence entry setups.
Key Features
- Multi-Symbol Scanning: Simultaneously monitors up to 28 currency pairs, metals, or indices in real time.
- Multi-Timeframe Grid: Displays trend alignment across up to 5 timeframes simultaneously.
- Triple EMA Alignment Logic: Evaluates EMA(20), EMA(50), and EMA(200) alignment to grade market bias.
- Strength Score Column: Computes a numerical trend confluence score for each symbol.
- One-Click Chart Navigation: Clicking any symbol cell opens that symbol chart instantly.
- Full Alert Suite: Instant popup alerts, mobile push notifications, email alerts, and Webhook HTTP POST integration for Telegram and Discord.
- Non-Repainting Execution: All calculations evaluate closed bars for 100% historical consistency.
How It Works
1. Data Acquisition: Retrieves price series for configured symbols across selected timeframes.
2. Trend Evaluation: Calculates fast, medium, and slow EMAs per symbol and timeframe.
3. Confluence Matrix: Assigns Bullish (Green), Bearish (Red), or Neutral (Gray) states to grid cells.
4. Ranking & Alerting: Sums aligned timeframe scores to rank symbols and triggers alerts when strong confluence is detected.
Trading/Indicator Logic
- Bullish Cell State: `EMA_20 > EMA_50` AND `EMA_50 > EMA_200`
- Bearish Cell State: `EMA_20 < EMA_50` AND `EMA_50 < EMA_200`
- Neutral Cell State: Mixed or overlapping EMAs
- Strength Score: Sum of bullish (+1) or bearish (-1) timeframes per symbol
Supported Markets
- Forex Majors & Minors: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD, EURGBP, etc. (up to 28 pairs)
- Precious Metals: Gold (XAUUSD), Silver (XAGUSD)
- Indices & Crypto: US30, NAS100, BTCUSD
Recommended Timeframes
- Primary Scanner Timeframes: H1, H4, D1
- Supported Timeframes: All standard MetaTrader timeframes (M1 to MN1)
Recommended Symbols
- 28 Major & Minor Forex Pairs, XAUUSD
Main Settings
- Pairs List: Customizable list of up to 28 instrument symbols.
- Timeframes to Scan: Up to 5 selectable timeframes.
- EMA Periods: Fast (20), Medium (50), Slow (200).
- Refresh Interval: Seconds between full background grid rescans.
- Alert Triggers: Enable/disable alerts on full timeframe confluence.
- Webhook POST URL: URL endpoint for Telegram/Discord signal webhooks.
Installation
1. Open MetaTrader 4 or MetaTrader 5.
2. Go to File -> Open Data Folder.
3. Open `MQL4/Indicators` (or `MQL5/Indicators`).
4. Copy `041 – Multi-Pair Trend Scanner Dashboard.ex4` or `.ex5` into the folder.
5. Refresh the Navigator panel and drag the indicator onto any chart.
How To Use
1. Attach the dashboard to a single chart (e.g., EURUSD H1).
2. Review the color-coded matrix to identify symbols with strong trend score alignment across timeframes.
3. Click on any symbol name to open that symbol chart for entry execution.
Who Is It For
- Multi-Pair Day & Swing Traders: Looking for high-confluence trend setups across multiple pairs.
- Prop Firm Traders: Needing quick identification of trending assets to avoid range-bound markets.
What’s Included
- `.EX4` Compiled Executable (MetaTrader 4)
- `.EX5` Compiled Executable (MetaTrader 5)
- User Documentation & Quick Start Guide
- Lifetime Updates & AlgoTim Support
Updates & Support
Includes lifetime updates, fixes, and support from the AlgoTim development team.
Risk Disclaimer
Financial trading involves substantial risk. Past performance does not guarantee future results. Test all indicators on demo accounts prior to live trading.
FAQ
Q: Does this indicator repaint?
A: No. All matrix cell colors lock at bar close and never repaint.
Q: Can I scan custom instruments like Gold or Bitcoin?
A: Yes. You can input any symbol available in your broker Market Watch window.
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