Supply Demand Dashboard MT5

The Supply Demand Dashboard MT5 is a multi-time frame and multi-symbol supply and demand zone dashboard indicator designed to facilitate Forex trading. It is a powerful tool in the Forex market analysis which sends alerts when the price has reached a specific supply or demand zone.

Customizable Alerts and Filters

The indicator comes with a feature to alert the trader about regular double tops or bottoms instead of zones. It is compatible with a wide range of time frames from M1 to MN with a maximum of nine time frames viewable on the dashboard at once. To ensure only the strongest setups are used, the indicator provides the option to use RSI, divergence (MACD, OsMA, RSI or Awesome) and candle patterns filters (pin bar, engulfing, tweezer and morning/evening star).

Flexibility in Forex Trade Optimization

With the integration of personal rules and techniques, this Forex trading tool can be used to create or enhance a powerful system. The indicator is designed to be placed on a single chart, from which alerts from any other signal appearing on the dashboard are received. It also supports all Metatrader native alert types.

Enhanced Navigation and Accessibility

The Supply Demand Dashboard MT5 continuously performs a rank sorting within the dashboard. However, if the trader prefers a specific order, this sorting can be disabled. The symbols will then appear in either the order of the Symbols parameter or as they are visible in the Market Watch window. Clicking inside a rectangle opens a new chart with the symbol and time frame in question, with the zone (or top/bottom line) drawn on this chart.

Integration with Expert Advisors

The indicator has the ability to write signals to global variables. These can be used by an Expert Advisor (EA) for auto trading. At the end of the product’s blog, a source code of an example EA is provided. This EA uses the iCustom() function to get the trade signals from the indicator. This code can be used as a base for your own developed EA, or you can add your own entry/exit logic to it. However, it should be noted that programming support is not provided due to time constraints.

Frequently Asked Questions

Q: Where should the indicator be placed?
A: The indicator should be placed on a M5 chart. It should be a clean (empty) chart without any other indicators or Expert Advisors which could interfere with the dashboard.

Q: Is the indicator supported in the strategy tester?
A: No, the indicator is not supported in the strategy tester. For this purpose, you can use the Expert Advisor mentioned above.

Q: How does the dashboard get loaded?
A: The dashboard will be loaded into an indicator window which will automatically cover the whole chart.

For an independent testing of the Supply Demand Dashboard MT5, visit forexroboteasy.com. You may also subscribe to updates about the results of testing this product. Share your experiences of using this product and help others in the Forex trading community to make more informed decisions.

This is an independent product review and does not endorse or promote any specific products. Forex trading involves substantial risk of loss and is not suitable for all investors.