The Multi Currency Pair Charts indicator for Metatrader 4 displays multiple small currency pair charts in a bottom window of the trading platform.
In essence, it gives you a quick overview of the Forex market for your chosen currency pairs (see the chart below).
The indicator can be modified by editing the inputs.
The indicator works on all trading instruments (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..).
Free Download
Download the “Multi currency symbols chart.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the Multi-Currency Pair Charts indicator in action.
Indicator Specifications
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Indicator type: Charts
Repaint? No.
Multi-Currency Chart and Trend Predictor Indicator Forex Day Trading Strategy
The Multi-Currency Pair Charts Indicator and the Trend Predictor V1.0 Forex Indicator can be combined to build an effective day trading strategy for MT4.
This approach allows traders to identify the strongest trends across different pairs while timing entries with precise buy and sell signals.
It is especially useful for traders who monitor several pairs throughout the day and prefer to trade with confirmation from both market structure and directional momentum.
The Multi-Currency Charts indicator displays several small live charts in a separate window at the bottom of your platform, helping you spot which pairs are trending strongly.
Once a strong trend is identified, the Trend Predictor indicator provides a blue arrow for a buy signal or a red arrow for a sell signal.
This combination makes it easier to focus on high-quality setups and avoid pairs that are ranging or lacking volatility.
Buy Entry Rules
- Open your main chart and watch the small charts in the Multi-Currency window to find pairs showing steady upward trends.
- Once a strong bullish pair is identified, wait for a blue arrow to appear on the main chart from the Trend Predictor indicator.
- Enter a buy trade when the next candle opens after the blue arrow forms.
- Place a stop loss below the most recent swing low or below a key support level.
- Use a dynamic take profit target based on volatility.
- For example, take 60% of the average daily range (ADR) or exit at the next resistance zone.
Sell Entry Rules
- Look at the Multi-Currency window to find pairs showing clear downward trends.
- Wait for a red arrow from the Trend Predictor indicator on the main chart to confirm a sell setup.
- Enter a sell trade once the next candle opens after the red arrow appears.
- Place a stop loss above the nearest swing high or resistance area.
- Take profit using a flexible target, such as 50% to 70% of the pair’s daily range or near a key support level.
Advantages
- Allows monitoring multiple pairs simultaneously for better trade selection.
- Combines broad market awareness with specific entry timing.
- Helps traders identify the strongest trending pairs of the day.
- Reduces time spent switching between charts.
- Can be applied to any major or cross pair during active sessions.
Drawbacks
- Requires a large enough screen or setup to view multiple charts comfortably.
- False signals may appear in low-volatility sessions.
- Not suitable for scalping due to broader analysis and trend confirmation steps.
- Performance can vary depending on the pair’s volatility and session timing.
Case Study 1: EUR/USD H1 Example
In the Multi-Currency window, EUR/USD and GBP/USD showed clear upward momentum during the London session.
On the main EUR/USD chart, a blue arrow appeared from the Trend Predictor indicator at 1.0765, confirming the bullish move.
A buy trade was entered with a stop loss at 1.0745.
The average daily range was around 80 pips, so the take profit target was set at 60% of ADR, or about 48 pips.
The trade closed at 1.0813 with a gain of 48 pips within four hours.
Case Study 2: USD/JPY H1 Example
In this setup, USD/JPY displayed a clear downward movement among several pairs during the New York session.
A red arrow appeared from the Trend Predictor indicator at 149.30, signaling a sell entry.
A trade was opened at the next candle with a stop loss at 149.60.
The ADR was 90 pips, so a take-profit target of 55 pips (around 60% ADR) was set.
The price fell steadily to 148.75 within the next trading session, producing a 55-pip profit before reversing.
Strategy Tips
- Use this strategy during the London and New York sessions when volatility is high.
- Focus on pairs showing clear trends across multiple mini charts in the Multi-Currency window.
- Adjust take profit targets based on each pair’s volatility or average daily range.
- Close trades early if the Trend Predictor gives an opposite signal.
- Keep risk per trade below 2% and avoid overexposure to correlated pairs.
This MT4 day trading strategy combines multi-pair observation with precise signal execution.
The Multi-Currency Charts indicator ensures you always focus on active markets, while the Trend Predictor provides entry confirmation.
Together, they help traders stay disciplined, choose stronger setups, and manage trades using realistic profit targets rather than fixed points.
Download Now
Download the “Multi currency symbols chart.mq4” indicator for Metatrader 4
