Multi Forex Scanner Dashboard Metatrader 4 Indicator

The Multi Forex Scanner dashboard indicator gives you a quick overview of the best currency pairs to trade.

The indicator provides a lot of useful data.

It displays the server time, time until candle close, price, spread, ATR value, Volume, RSI, Stochastic, ADX, Pivots and moving average.

Selecting good pairs to trade:

Look at both the ADX value and MA.

The ADX must display ‘Strong Trend” and the moving average “MA” gives the trend direction, either “UP” or “DOWN”.

Buy trade: ADX strong trend + Moving Average UP

Sell trade: ADX strong trend + Moving Average DOWN

Confirm the trade with additional indicators or with price action.

Free Download

Download the “FXTT_Fx_Scanner.mq4” MT4 indicator

Example Chart

The EUR/USD M5 chart below displays the Multi Forex Scanner dashboard Metatrader 4 forex indicator in action.

Basic Trading Signals

Buy Signal: Open buy position when ADX displays a strong trend and “MA” signals a buy trend. Confirm the buy trade with other indicators or analysis methods.

Sell Signal: Open sell position when ADX displays a strong trend and “MA” signals a sell trend. Confirm the sell trade with other indicators or analysis methods.

Download

Download the “FXTT_Fx_Scanner.mq4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart window indicator

Customization options: Variable (update interval, ATR, volume, RSI, slow Stochastic, ADX, Pivots, MA), width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: trend

Installation

Copy and paste the FXTT FX Scanner.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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