Ind5 Extra Report Pad

Overview of Ind5 Extra Report Pad

• Name: Ind5 Extra Report Pad
• Price: FREE
• Published Date: 15 March 2019
• Last Updated: 27 December 2023
• Rating: 4.77 based on 32 reviews
• Category: MetaTrader 5 Utilities

Key Features

• Multi-timeframe and multi-symbol divergence dashboard.
• Alerts for one or two different divergences detected across various oscillators.
• Compatible with all time frames from M1 to MN.
• Ability to enable moving average or RSI trend filter for stronger setups.
• Signals detection from multiple indicators including MACD, Stochastics, RSI, and more.
• Interactive dashboard allows for quick access to charts by clicking symbols.

User Experience

• For optimal performance, the indicator must be employed on a clean M5 chart without interference from other indicators or Expert Advisors.
• Feedback indicates a significant increase in report loading times on MT5 when compared to MT4.
• Users appreciate the detailed statistics it provides for analyzing trades.
• Some users have experienced issues with the panel not displaying live trades when filters are applied, causing confusion.

Common Challenges

• Users report slower loading times on MT5 due to attempts to load extensive historical data.
• Custom date ranges are not always respected, leading to frustration for users managing extensive trading histories.
• Feedback highlights issues with freezing and unresponsiveness, particularly during data filtering actions.
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Recommendations for Use

• Review product manuals and blogs thoroughly for best practices before starting to trade.
• Combine the use of the indicator with personal trading strategies for optimal results.
• Users suggest integrating additional filters to enhance decision-making based on trends.
• Take advantage of the alert system to stay informed about significant market changes.

Conclusion with a Dash of Humor

• If trading were easy, everyone would be rich. But with Ind5 Extra Report Pad, you're one step closer to trading like a pro (or at least looking like one)! 😄