Forex Trend Scanners Dashboard Trading System
Forex Trend Scanners Dashboard Trading System:
How to use it
This indicator is a very useful tool to determine the current trend in all different timeframes.
As you can see from the screenshot, there are four different Trend Signals named Trend 1, Trend 2, Trend 3 and Trend 4. Each trend utilizes a different method to determine the current trend of the current currency pair in each timeframe.
You can tell how the trend is going to be in a certain time frame very easily. For example,
in 1-Minute timeframe, 4 trend indicators all display an UP signal. So, you can tell that the
trend is going very strongly and we can open a Long position. If in a certain timeframe, there are at least 3 UP signal then we can open a LONG position. If there are at least 3 DOWN
signal, then we can open a SHORT position. In other situations, do not enter a trade.
This dashboard offers signals for trading for 14 currency pairs on the Time Frame Daily and weekly:
GBP/CHF, EYR/GBP, USD/JPY, CHF/JPY, NZD/JPY, EUR/CHF, EUR/USD, AUD/USD, USD/CHF, AUD/JPY, GBP/USD, EUR/JPY, GBP/JPY.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Trend Scanners Dashboard Trading System?
- Download Forex Trend Scanners Dashboard Trading System.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Trend Scanners Dashboard Trading System?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.