The Multi-Timeframe Trend Dashboard MT4 forex indicator provides detailed trend analysis information for any currency pair on 5 different timeframes.
It uses real-time data from the following technical indicators:
Stochastic (4,3,3), Stochastic (21, 3, 3), Fast Moving Average Cross, Slow Moving Average Cross, Ac/Dc, MACD, ADX, CCI, RSI and PSAR.
All forex analysis data combined will give you a clear picture of where the trend is heading, up or down.
A green UP arrow suggests the trend is positive, while a red DOWN arrow indicates the trend is negative.
The multi-timeframe trend dashboard works best when used together with other analysis tools or technical indicators.
Free Download
Download the “DK MultiTimeFrame Indicator.mq4” MT4 indicator
Indicator Chart (EUR/USD H1)
The EUR/USD H1 chart below displays the Multi-Timeframe Trend Dashboard Metatrader 4 forex indicator in action.
Basic Trading Signals
Signals from the Multi-Timeframe Trend Dashboard MT4 forex indicator are easy to interpret and go as follows:
Buy Signal: Open a buy trade when most of the arrows are colored green. This suggests the overall trend is up.
Sell Signal: Open a sell trade when most of the arrows are colored red. This suggests the overall trend is down.
MT4 Multi-Timeframe Dashboard and Tether Line Forex Day Trading Strategy
This day trading strategy combines the Multi-Timeframe Trend Analysis Dashboard for MT4 with the Tether Line Forex Signals Indicator for MT4.
The dashboard provides a complete trend overview using five different timeframes and several technical indicators, while the Tether Line offers simple buy and sell signals using its blue and red directional lines.
This system works best for day traders on the M15, M30 and H1 charts.
The dashboard filters trend direction and strength, and the Tether Line provides clean entries inside that dominant trend.
The strategy is suitable for traders who want structure, clarity and a rule-based approach that reduces emotional decision-making.
Why This Strategy Works
The Multi-Timeframe Dashboard uses real-time data from multiple indicators, including Stochastic (4,3,3), Stochastic (21,3,3), fast and slow moving average crosses, MACD, ADX, CCI, RSI, PSAR and Ac/Dc.
When most of the arrows across multiple timeframes turn green, the pair is in a buy trend. When most turn red, the pair is in a sell trend.
Once the direction is confirmed, the Tether Line then gives the actionable entry signal.
A blue line indicates a buy entry, while a red line signals a sell.
This combination removes guesswork from day trading: one indicator selects the trend, the other pinpoints timing.
Buy Entry Rules
- Check the Trend Dashboard: most arrows across the monitored timeframes should be green.
- Ensure higher timeframes like H1 or H4 show clear bullish alignment.
- Wait for the Tether Line to turn blue.
- Enter a buy trade at the close of the signal candle.
- Set your stop loss below the nearest swing low.
- Aim for a 1:2 risk-to-reward or exit at the next strong resistance area.
Sell Entry Rules
- Check the Trend Dashboard: most arrows across the timeframes must be red.
- Confirm bearish structure on higher timeframes.
- Wait for the Tether Line to turn red.
- Enter a sell trade at the close of the signal candle.
- Place the stop loss above the recent swing high.
- Take profit at a 1:2 risk-to-reward or at the next support level.
Advantages
- Clear trend confirmation using five timeframes.
- Simple entry signals using the Tether Line color changes.
- Reduces false trades by requiring two indicators to agree.
- Suitable for day trading with minimal chart clutter.
- Works on major currency pairs and gold.
Drawbacks
- Waiting for dashboard alignment can reduce the number of trades.
- Strong news events can override dashboard signals temporarily.
- Late entries may occur if the Tether Line reacts after a sharp move.
Example Case Study 1
On EURUSD M30, the Trend Dashboard showed strong bullish alignment.
Four out of five timeframes displayed green arrows, including M30, H1 and H4.
The Tether Line was still flat at first, but as the price broke out of a small consolidation, it turned blue.
A buy trade was placed at the close of the candle.
The stop loss was positioned below the consolidation low.
Price pushed upward slowly but steadily throughout the session, reaching a gain of around 42 pips.
As the dashboard remained mostly green but the Tether Line began flattening, the trade was closed, securing the majority of the upward move.
Example Case Study 2
On GBPUSD M15, the dashboard showed strong bearish pressure with almost all arrows red across M15, M30 and H1.
The Tether Line confirmed the move by turning red after a brief retracement.
A sell entry was taken on the candle close after the red line appeared.
The stop loss was set above the recent minor high.
Volatility increased as the New York session started, and the pair dropped quickly, reaching about 38 pips in profit.
When the Tether Line began turning sideways and the M15 arrow flickered, the trade was closed to lock in gains before a reversal began forming.
Strategy Tips
- Only trade when at least three timeframes on the dashboard agree in one direction.
- The best results come from major pairs with clean intraday movement.
- Avoid trading during the first minutes of high-impact news.
- Use trailing stops to capture extended moves during trending market conditions.
- Focus on the London and New York sessions for the strongest signals.
Download Now
Download the “DK MultiTimeFrame Indicator.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart window indicator
Customisation options: Width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours
Type: signals
