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The Core Functionality of Multi Chart Crosshairs MT5
The Multi Chart Crosshairs MT5 is a powerful indicator designed to streamline Forex Chart Analysis. As an MT5 tool, its primary function is to simplify the review process of various charts across different timescales. To achieve this, it uses a tracking system that monitors both time and price across multiple charts.
One of the standout features of this tool is the ability to change the symbol on a single chart and have all other charts with that same symbol change too. This feature contributes to its user-friendly nature and ability to be quickly mastered, making it an excellent tool for both beginner and seasoned Forex traders.
Efficient Symbol Identification across Charts
The Multi Chart Crosshairs MT5 tool excels in identifying both price and time corresponding to the current mouse pointer position across all other open charts of the same symbol. By doing so, it provides a quick overview of information on multiple charts, eliminating the time-consuming process of identifying locations manually on each chart.
Also, the tool ensures that when the symbol on one chart is changed, all other charts with the same symbol switch to the new symbol while preserving their timeframe settings. This feature further streamlines the process of Forex Chart Analysis.
Enhanced Trading Level and Trend Identification
When reviewing a chart, traders often need to examine various timeframes to identify trading levels and trends. The Multi Chart Crosshairs MT5 tool facilitates this process by adding a crosshair on the screen that follows the mouse pointer. This crosshair is activated when the CTRL or SHIFT key is pressed, allowing traders to pinpoint any chart location they wish to track.
On all other charts with the same symbol, the crosshair showcases the same time and price, providing a comprehensive view. Charts in different windows will also automatically adjust their display to keep the time/price combination at the center.
Added Features for Improved User Experience
Moreover, the tool allows traders to add drawing elements to the chart without disturbing the visible crosshairs. These crosshairs can be easily hidden by pressing the ESC key and can be brought back up whenever needed. This feature ensures a clean and uncluttered chart analysis, further enhancing the user experience.
Product Demonstration and Updates
For a practical demonstration of the Multi Chart Crosshairs MT5 tool, users can visit the forexroboteasy.com website to watch independent testing. There is also the option to subscribe for updates on the results of the product testing, keeping users abreast with the tool’s performance and advancements.
FAQ
Q: How does the Multi Chart Crosshairs MT5 tool enhance Forex Chart Analysis?
A: By tracking time and price across multiple charts, changing symbols on one chart and reflecting it on others, and allowing easy identification of trading levels and trends, the tool streamlines Forex Chart Analysis.
Q: Can I add drawing elements to the chart with the crosshairs visible?
A: Yes, the tool allows you to add drawing elements without affecting the visible crosshairs.
Q: Where can I see the product demonstration and get updates?
A: You can watch independent testing and subscribe for updates on the results of product testing on the forexroboteasy.com website.
We invite users to share their experiences using the Multi Chart Crosshairs MT5 tool. Remember, this is an independent product review, and we value your personal insights and perspectives. Your input can provide valuable insight for others considering using this tool for Forex trading and currency trading.
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