Home Stocks RSI Multicurrency Scanner Dashboard for MT4/MT5 – Buying and selling Methods – 3 December 2024

RSI Multicurrency Scanner Dashboard for MT4/MT5 – Buying and selling Methods – 3 December 2024

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RSI Multicurrency Scanner Dashboard for MT4/MT5 – Buying and selling Methods – 3 December 2024

The RSI Multicurrency Scanner Dashboard is a complete software for merchants utilizing the Relative Power Index (RSI) to establish overbought and oversold situations. This dashboard provides seamless monitoring of a number of forex pairs and timeframes, offering real-time alerts and actionable insights to reinforce buying and selling efficiency.

You’ll find the MT4 model right here RSI Multicurrency Scanner MT4

You’ll find the MT5 model right here RSI Multicurrency Scanner MT5

Key Options

  1. Multicurrency Monitoring
    Scan a broad vary of forex pairs, together with foreign exchange majors, minors, and exotics, in addition to particular symbols like XAUUSD and BTCUSD.

  2. Multi-Timeframe Scanning
    Monitor alerts throughout timeframes from M1 to MN1, with the flexibility to allow or disable particular scans to align together with your buying and selling methods.

  3. RSI Indicator Integration
    The scanner incorporates the RSI indicator with totally customizable parameters comparable to interval and utilized value. 4 superior entry methods are supported:

    • Entry at Oversold/Overbought Ranges: Indicators generated when RSI enters these zones.
    • Exit Oversold/Overbought Ranges: Indicators triggered when RSI exits these zones.
    • Reverse Ranges: Reverse alerts when coming into overbought or oversold zones.
    • Threshold Technique: Purchase when RSI is under the decrease stage and promote when RSI is above the higher stage.
  4. Confluence Sign Alerts
    Alerts are triggered when chosen timeframes align with the identical directional sign, rising the arrogance in commerce setups.

  5. Customized Alerts and Notifications
    Keep knowledgeable with real-time alerts through pop-ups, e-mail, and push notifications, making certain you by no means miss essential alerts.

  6. Responsive Dashboard Design
    Indicators are displayed in an intuitive grid format, grouping symbols by base currencies and displaying alerts for every timeframe. Every cell signifies the sign and exhibits what number of candles in the past it occurred. The dashboard dynamically adjusts to any display dimension.

  7. Consumer Customization
    Customise panel dimension, colours, and textual content scaling. Filter symbols, timeframes, and RSI parameters to match your buying and selling preferences.

How It Works

The dashboard constantly scans chosen forex pairs and timeframes utilizing the RSI indicator. It highlights alerts primarily based on the chosen entry technique, with confluence alerts emphasised for fast recognition and motion.

Why Select This Dashboard?

The RSI Multicurrency Scanner Dashboard simplifies market evaluation by combining superior RSI methods with multi-timeframe confluence, delivering actionable insights and real-time alerts for smarter buying and selling selections.

Enter Walkthrough

Common Settings

  • pairsList1 : Customise the record of symbols to scan, together with foreign exchange pairs, metals, and cryptocurrencies.
  • SCAN_LAST_N_CANDLE : Outline the variety of candles again the scanner ought to analyze for alerts.
  • Panel Customization: Alter panel top, width, and textual content scaling with inputs like PANEL_HEIGHT_PCT , PANEL_WIDTH_PCT , and PANEL_TEXT_PCT .
  • Colours: Configure colours for symbols, base currencies, and alerts (bullish, bearish, impartial).

Timeframe Sign Settings

  • Particular person Timeframe Scanning: Allow or disable scanning for particular timeframes (e.g., ENABLE_IND_1M , ENABLE_IND_5M ).
  • Confluence Timeframe Scanning: Configure confluence alerts for chosen timeframes (e.g., ENABLE_1M , ENABLE_5M ).

RSI Settings

  • RSI_PERIOD : Outline the RSI interval for calculations.
  • RSI_APPLIED_PRICE : Choose the utilized value (shut, excessive, low, and so on.).
  • RSI_UPPER_LEVEL , RSI_LOWER_LEVEL : Set overbought and oversold ranges manually or mechanically.
  • entryStrategy : Select from 4 entry methods:
    • Entry at Oversold/Overbought Ranges
    • Exit Oversold/Overbought Ranges
    • Reverse Ranges
    • Threshold Technique

Alert Settings

  • ALLOW_ALERT : Allow or disable pop-up alerts for alerts.
  • ALLOW_NOTIFICATION : Ship push notifications for real-time updates.
  • ALLOW_EMAIL : Obtain e-mail notifications to remain knowledgeable of market alerts.

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