Buyers Sellers Dashboard Indicator: Three Lookbacks

Written by Dominic Walsh · Published 30 Jul 2026 · Last updated 18 Sep 2026

The buyers sellers dashboard indicator turns candle position into a percentage. A close near the high counts toward the buyers. A close near the low counts the other way. Three windows get scored at once and shown in a panel.

This build ships as a compiled .ex4 for MT4 and .ex5 for MT5; the screenshots below come from EURUSD H1.

Platforms	MT4 (.ex4) + MT5 (.ex5)
Chart window	Main price chart
Plots	0
Alerts	popup, push notification, email, sound
Inputs	19

What lands on your chart

A corner panel carries one row per window plus a combined figure.

Rows report the buy percentage and the point change over each window.

No plot buffers exist here, so the data window stays empty.

`InpPanelCorner` `0` anchors the readout to the top left.

How it builds its numbers

Position inside the bar is the score

Each bar contributes where its close sat between its own high and low. Closing at the top scores one for the buyers. Closing at the bottom scores zero. A flat bar splits the score evenly.

Volume can weight it

`InpUseVolume` `true` multiplies each bar’s contribution by its tick count. A busy bar therefore counts for more than a quiet one, which is the difference between activity and simple bar counting.

Three windows combine

`InpLook1` `5`, `InpLook2` `20` and `InpLook3` `50` each produce their own percentage. `InpWeightLong` `true` then gives the longer windows more say in the combined figure.

Getting a signal from it

Fifty percent means the closes sat mid-bar on average.

`InpTiltPct` `53.0` is the level the panel calls a tilt.

`InpStrongPct` `60.0` is the level it calls strong.

All three windows agreeing is worth more than one extreme reading.

Alert channels in this build: popup, push notification, email and sound, one message per closed bar.

`EnableAlerts` is the parent toggle and arrives true with `EnablePopup`. `EnablePushNotify` reaches a handset, `EnableEmail` posts mail and `EnableSound` plays `SoundFile`. Those three ship off. State changes report once a bar.

Every Buyers Sellers Dashboard Indicator input

Core settings

Setting	What it does	Default
InpLook1	Lookback 1 (bars). Bars in the shortest window, default `5`.	5
InpLook2	Lookback 2 (bars). Bars in the middle window, default `20`.	20
InpLook3	Lookback 3 (bars). Bars in the longest window, default `50`.	50
InpShift	Read shift (1 = last closed bar, 0 = live). Which bar the reading starts from, default `1`.	1
InpUseVolume	Weight each bar by its tick volume. Weight each bar by its tick count, default `true`.	on
InpWeightLong	Weight the longer lookbacks more heavily. Give longer windows more say, default `true`.	on
InpTiltPct	BUY% above this = a tilt to the buyers. Percentage that counts as a tilt, default `53.0`.	53.0
InpStrongPct	BUY% above this = a strong tilt. Percentage that counts as strong, default `60.0`.	60.0

Display settings

Setting	What it does	Default
InpPanelCorner	Panel corner 0=UL 1=UR 2=LL 3=LR. Corner the readout anchors to, default `0`.	0
InpPanelX	Panel X offset (px).	12
InpPanelY	Panel Y offset (px, clears one-click panel).	120
InpPanelBg	Panel background.	RGB 14,14,18
InpFontSize	Row font size.	9

Alert settings

Setting	What it does	Default
EnableAlerts	Parent toggle for the state alerts, default `true`.	on
EnablePopup	(see inputs panel)	on
EnablePushNotify	(see inputs panel)	off
EnableEmail	(see inputs panel)	off
EnableSound	(see inputs panel)	off
SoundFile	(see inputs panel)	alert.wav

Where to point it

Three windows need enough history behind them. EURUSD H1 is the reference chart, where `InpLook3` `50` covers two days. On M5 the shortest window is under half an hour. Daily bars stretch all three across months.

What this one cannot tell you

Close position inside a bar is a rough proxy for who was buying.

Tick volume counts price updates, and every broker counts differently.

A panel with no plots leaves nothing to look back at on the chart.

Copy the compiled Buyers Sellers Dashboard Indicator file into your MQL4/Indicators folder, and the MT5 build into MQL5/Indicators, then restart the terminal and drag it onto a chart. The step-by-step guide with screenshots is at how to install MT4 and MT5 indicators.

Background reading on the method behind the Buyers Sellers Dashboard Indicator: Product control on Wikipedia, Candlestick Bullish Reversal Patterns at StockCharts ChartSchool.

Download the Buyers Sellers Dashboard Indicator for MT4 and MT5

The zip holds the compiled Buyers Sellers Dashboard Indicator build for MT4 and MT5, plus a short README. Compiled files only, no source. Enter your email below and the download link arrives in your inbox.

FAQ

What does InpShift 1 change?

Which bar the scoring starts from. One means the last closed bar, so the reading never shifts while a candle forms. Setting it to zero includes the live bar and makes the panel move on every tick.

Does InpUseVolume improve the reading?

It changes what the percentage measures. With it on, a heavily traded bar counts for more than a quiet one. Whether that helps depends on whether you trust your broker’s tick count.

Why does InpTiltPct sit at 53.0 rather than 50?

Because readings hover very close to fifty most of the time. A small buffer stops the panel flipping its label on noise, so a tilt has to be at least mildly one-sided before it gets named.

What does InpWeightLong do to the combined figure?

It gives each window a weight equal to its position, so the fifty-bar reading counts three times the five-bar one. Switching it off treats all three equally and makes the combined figure jumpier.

Are results guaranteed?

No. Trading involves risk. Results are not guaranteed; past performance is not indicative of future results. Use the Buyers Sellers Dashboard Indicator as one input. Always backtest before trading live.