Home Forex Bollinger Bands Multicurrency Scanner Dashboard for MT4/MT5 – Buying and selling Methods – 2 December 2024

Bollinger Bands Multicurrency Scanner Dashboard for MT4/MT5 – Buying and selling Methods – 2 December 2024

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Bollinger Bands Multicurrency Scanner Dashboard for MT4/MT5 – Buying and selling Methods – 2 December 2024

The Bollinger Bands Multicurrency Scanner Dashboard is a extremely versatile instrument for merchants who use Bollinger Bands to determine potential buying and selling alternatives. This dashboard consolidates market insights from a number of forex pairs and timeframes, providing a transparent and actionable overview for environment friendly decision-making. Its potential to generate alerts based mostly on user-defined methods makes it an indispensable useful resource for merchants of all talent ranges.

You could find the MT4 model right here  Bollinger Band Scanner Full

You could find the MT5 model right here  Bollinger Band Scanner MT5

Key Options

  1. Multicurrency Monitoring
    The dashboard scans a customizable listing of forex pairs, together with main, minor, and unique pairs, in addition to particular symbols like BTCUSD and XAUUSD. This permits merchants to trace numerous markets in real-time.

  2. Multi-Timeframe Evaluation
    Analyze a number of timeframes from M1 to MN1 concurrently. Particular person timeframe scanning may be enabled or disabled as wanted, offering flexibility for short-term and long-term buying and selling methods.

  3. Bollinger Bands Integration
    The instrument incorporates Bollinger Bands to determine worth motion relative to the higher and decrease bands. It helps two entry methods:

    • Reversal Technique: Purchase on the decrease band and promote on the higher band throughout reversals.
    • Breakout Technique: Purchase when the value crosses the higher band and promote when it crosses the decrease band.
      Merchants can customise Bollinger Bands parameters, together with interval, deviation, shift, and utilized worth, to go well with their buying and selling model.
  4. Confluence Sign Alerts
    Confluence alerts notify merchants when a number of timeframes align with the identical sign, enhancing the reliability of commerce alternatives.

  5. Customized Alerts and Notifications
    Obtain real-time alerts by pop-ups, e-mail, or push notifications for indicators detected based mostly on the chosen Bollinger Bands technique.

  6. Responsive Dashboard Design
    Indicators are displayed in a grid format, with symbols grouped by base currencies and timeframes as columns. Every cell supplies the sign for a particular image and timeframe, together with particulars on what number of candles in the past the sign occurred. The dashboard is totally responsive, robotically adjusting to any display screen measurement.

  7. Consumer Customization
    The dashboard helps in depth customization, together with colour coding for bullish, bearish, and impartial indicators, adjustable panel measurement, and configurable textual content scaling. Filters for symbols, timeframes, and techniques additional refine the consumer expertise.

How It Works

The dashboard repeatedly scans chosen forex pairs and timeframes utilizing Bollinger Bands and the chosen entry technique. It identifies indicators and highlights them in an organized grid format. Confluence indicators are emphasised, alerting merchants when chosen timeframes align, enabling fast and correct decision-making.

Why Select This Dashboard?

The Bollinger Bands Multicurrency Scanner Dashboard simplifies advanced market evaluation, consolidates insights into an intuitive interface, and supplies customizable alerts to maintain merchants knowledgeable. Its sturdy design and superior options make it perfect for merchants looking for to capitalize on Bollinger Bands methods successfully.

Enter Walkthrough

Common Settings

  • pairsList1 : Specify the listing of symbols to scan, separated by commas (e.g., EURUSD,GBPUSD ).
  • SCAN_LAST_N_CANDLE : Defines the variety of candles to scan for indicators.
  • Panel Customization: Modify panel top, width, and textual content scaling utilizing inputs like PANEL_HEIGHT_PCT , PANEL_WIDTH_PCT , and PANEL_TEXT_PCT .
  • Colours: Customise the colours of symbols, base currencies, and indicators (bullish, bearish, impartial) utilizing respective inputs.

Timeframe Sign Settings

  • Particular person Timeframe Scanning: Allow or disable scanning for particular timeframes, resembling ENABLE_IND_1M and ENABLE_IND_5M .
  • Confluence Timeframe Scanning: Configure confluence alerts by enabling or disabling particular timeframes, resembling ENABLE_1M and ENABLE_5M .

Bollinger Bands Settings

  • BOLLINGER_BAND1_TIMEFRAME : Set the Bollinger Bands evaluation timeframe (e.g., present or particular timeframe).
  • BOLLINGER_BAND1_PERIOD : Modify the Bollinger Bands interval.
  • BOLLINGER_BAND1_DEVIATION : Outline the usual deviation for Bollinger Bands.
  • BOLLINGER_BAND1_SHIFT : Set the shift worth for Bollinger Bands.
  • BOLLINGER_BAND1_APPLIED_PRICE : Select the utilized worth (e.g., shut, excessive, low).
  • entryStrategy : Choose the Bollinger Bands entry technique:
    • Reversal Technique: Purchase on the decrease band and promote on the higher band.
    • Breakout Technique: Purchase when the value crosses the higher band and promote when it crosses the decrease band.

Alert Settings

  • ALLOW_ALERT : Allow or disable pop-up alerts for indicators.
  • ALLOW_NOTIFICATION : Ship push notifications for detected indicators.
  • ALLOW_EMAIL : Allow e-mail alerts to obtain buying and selling indicators straight in your inbox.

If you wish to strive the free trial model for 7 days, be happy to succeed in out to me through the profile part.