Advanced Dashboard for Currency Strength and Speed
Discover the power of the Advanced Dashboard for Currency Strength and Speed. Get a complete overview of the Forex market and unleash the potential of your trading strategy.
Advanced Dashboard for Currency Strength and Speed: The Best Solution for Any Newbie or Expert Trader!
Are you a newbie or an expert trader looking to enhance your trading strategy? Meet the Advanced Dashboard for Currency Strength and Speed. This powerful dashboard software works on 28 currency pairs and one additional asset, offering an all-encompassing overview of the Forex market plus Gold or one index. By leveraging two of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse), this tool provides crucial insights into market dynamics, enabling traders to pinpoint trends and identify scalping opportunities.
Imagine how your trading will improve when you can watch the entire market using a single indicator on your chart. This advanced dashboard shows currency strength values, speed of movement, and signals for 28 Forex pairs across nine timeframes.
Key Features of the Advanced Dashboard
- Currency Strength Values: Displays ACS28 and GAP-speed (Impulse) in each timeframe.
- Color-Coded Columns: Strength shown in 7 colors: strong extreme, stronger, strong, neutral, weak, weaker, and weak extreme.
- Trend Alerts: Identifies trends with strength ratings across all timeframes.
- Pattern Recognition: Highlights potential trade patterns with buttons for the strongest pairs.
- Quick Chart Access: Easily open charts by clicking on currency names.
- Auto Updates: Keeps all MetaTrader 4 data current with automatic updates.
- Customizable Alerts: Set alerts for various trends and strengths via pop-ups, emails, or push notifications.
- Advanced Settings: Detailed customization options for alert settings, color settings, and more.
Enhanced Features for Effective Trading
This indicator includes features that make it easier to identify strong and weak currencies and confirm potential trades. It shows graphically whether a currency’s strength or weakness is increasing or decreasing, and how it performs across all timeframes. With the addition of dynamic Market Fibonacci Levels, which adapt to current market conditions, traders can make more informed decisions. Always pair a weak currency with a strong one for effective trading, and this indicator will help you do just that.
User Manual and Indicator Settings
To get started, refer to the comprehensive user manual. Here’s a snapshot of what you’ll find:
- Currency Strength Timeframe Settings: Configure extreme level colors per timeframe.
- Alert Settings: Customize alerts for different strength levels and trends.
- Color Settings: Choose between simple bear and bull colors or more detailed strength and speed color codes.
- Other Settings: Utilize currency-specific characteristics, auto-open support charts, and adjust font spacing for large monitors.
Practical Tips for Using the Dashboard
- Use Templates and Profiles: Save time with pre-configured templates and profiles available in the user manual.
- Trade with the Trend: Focus on higher timeframe trends and pair weak currencies against strong ones. If a currency reaches an extreme color and speed, consider pullback trades.
- Study the System: Familiarize yourself with the complete trading system by reading our news and blog posts for examples.
Detailed Insights into Dashboard Features
Currency Strength and Speed Display
The dashboard provides a detailed display of currency strength values for each timeframe, making it easy to monitor market conditions. The color-coded columns show the strength in seven distinct colors, allowing you to quickly identify strong and weak currencies.
Trend and Pattern Recognition
The left column shows the currency trend with a strength rating across all timeframes. If three consecutive timeframes agree, the blocks are highlighted, indicating a strong potential trade. When a pattern forms, a button appears below the timeframe column, guiding you to the strongest possible pair. Click the button to open a chart for that pair and timeframe instantly.
Quick Chart Access and Auto Updates
With quick chart buttons, you can open any pair in a new window by clicking on the currency names. The auto-update feature ensures all 28 pairs and timeframes are current, keeping your MetaTrader 4 data updated without any hassle.
Customizable Alerts for Enhanced Trading
Set up alerts based on your trading preferences. Configure alerts to open in new windows or change pairs on the same chart. You can also set alerts for trend strength, speed levels, and receive notifications via pop-ups, emails, or push alerts. This flexibility allows you to stay informed about market changes in real-time.
Advanced Color Settings
Choose between simple bear and bull colors for positive and negative values, or opt for more detailed color codes to represent different strength and speed levels. This customization helps you personalize the dashboard to fit your trading style.
Comprehensive Support and Resources
The dashboard offers extensive support through user manuals and additional resources. The auto-open feature for support charts ensures all 28 pairs are updated in all timeframes, providing you with the latest market information.
Making the Most of the Advanced Dashboard for Currency Strength and Speed
To maximize the benefits of the Advanced Dashboard for Currency Strength and Speed, follow these tips:
- Use the Provided Templates and Profiles: Simplify your setup process by using the ready-made templates and profiles available in the user manual.
- Focus on Higher Timeframe Trends: Trade in line with higher timeframe trends for more consistent results. Pair weak currencies against strong ones and consider pullback trades when currencies reach extreme levels.
- Stay Informed with News and Blogs: Keep up to date with our trading system examples and news to stay ahead of market trends.
With the Advanced Dashboard for Currency Strength and Speed, both newbie and expert traders can enhance their trading strategies. Download this powerful tool today and take your trading to the next level.
