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Buy & Sell Forex Dashboard Indicator For MT5

    The Buy & Sell Forex Dashboard indicator for Metatrader 5 is a technical tool that provides powerful market insights in a dashboard.

    The indicator is displayed in the upper right corner of the main trading chart as a dashboard.

    The dashboard delivers buy and sell signals for any time frame based on the following technical indicators:

    • 5 Period simple moving average
    • 10 Period simple moving average
    • 20 Period simple moving average
    • 50 Period simple moving average
    • 100 Period simple moving average
    • 200 Period simple moving average
    • Stochastic Oscillator
    • RSI indicator

    Based on all the above technical data, the dashboard will display a buy or sell signal.

    The indicator works for any trading instrument that can be loaded in the Metatrader 5 platform.

    The following indicator inputs and parameters can be modified: style.

    First, familiarize yourself with this technical indicator and test it on a demo account.

    It supports all time frames and Forex pairs.

    Download Indicator 🆓

    PY_Signal.mq5 Indicator (MT5)

    Chart Example

    The following chart shows how the Buy & Sell Forex Dashboard indicator looks like when applied to the MT5 chart.

    How To Buy And Sell Forex Pairs With The Buy & Sell Forex Dashboard Indicator?

    Find a simple trading example below:

    Buy Signal

    • A strong bullish signal is given when at least 80% of the technical indicators are in buy mode “B”.
    • Open a buy trade and set your stop loss below the most recent support area.
    • Close the buy trade for a fixed take profit target, or wait for an opposite trading signal (sell).

    Sell Signal

    • A strong bearish signal is given when at least 80% of the technical indicators are in sell mode “S”.
    • Open a sell trade and set your stop loss above the most recent resistance area.
    • Close the sell trade for a fixed take profit target, or wait for an opposite trading signal (buy).

    Download Now 🆓

    PY_Signal.mq5 Indicator (MT5)

    Frequently Asked Questions

    How Do I Install This Custom Indicator On Metatrader 5?

    • Open the MT5 trading platform
    • Click on the File menu button located at the top left part of the platform
    • Click on Open Data Folder > MQL5 folder > Indicators
    • Copy the PY_Signal.mq5 indicator file in the Indicators folder
    • Close and restart the trading platform
    • You will find the indicator here (Navigator window > Indicators)
    • Drag the indicator to the chart to get started with it!

    How Do I Edit This Indicator?

    • Click in the open chart with your right mouse button
    • In the dropdown menu, click on Indicator List
    • Select the indicator and click on properties
    • Now you can edit the inputs, colors, levels, scale and visualization
    • Finally click the OK button to save the new configuration
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