What is a Dashboard Scanner in MetaTrader 

dashboard-scanner

A dashboard scanner is an important tool for traders using the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. It allows traders to monitor multiple Forex currency pairs, stocks, or commodities simultaneously from a single, combined view. By adding technical indicators or Expert Advisors (EAs), traders can identify trade opportunities across various assets and charts without switching between icharts. 

At 4xPip, we offer advanced solutions such as MT4 Dashboard Scanner and MT5 Dashboard Scanner. Contact us at telegram for more questions and inquiries. We also have other products related to trading. 

Functionality of Forex dashboard scanner 

The MetaTrader dashboard scanner sums Technical trading data and their analysis into a single chart interface, providing traders with a real-time market overview. Instead of manually analyzing each asset, traders can leverage the scanner for instant insights and decision-making. Common Features include: 

  • Price Levels
  • Buy/Sell Signals from selected indicators
  • Relative Strength Index (RSI) values
  • Moving Averages
  • Breakout Levels 
  • Fair Value Gaps
  • Smart Money Concepts
  • Any trading strategy of your choice

Traders can customize the scanner to include their preferred technical indicators and allowing for a custom-made trading experience that minimizes manual effort and optimizes performance. 

How Does a MetaTrader Dashboard Scanner Work? 

A dashboard scanner mixes flawlessly with the MT4 or MT5 trading platforms by extracting real-time data is analyzed from indicators, EAs, or custom scripts. The collected data is displayed in a clear grid or table format on a single chart, allowing traders to monitor multiple assets and their corresponding signals effortlessly. 

Core Features: 

  1. Dashboard on a single chart: The dashboard scanner offers dashboard on a single chart with analysis of 40+ charts. Traders do not need to switch between multiple charts. Just install 4xPip Dashboard Scanner and visualize your signals on a single chart effortlessly.
  2. Scanning 40 charts simultaneously: The Dashboard Scanner scans 40+ charts at a time and find trading signals. Traders do not need to install any indicator or perform analysis on every chart separately. Just install Dashboard Scanner and look at your analysis on 1 chart window. It will save your time and efforts.
  3. Integration with Indicators: Combine popular indicators like Bollinger Bands, Moving Averages, MACD, FVG, SMC and RSI into a single dashboard. Signals are generated when predefined indicator conditions are met, alerting traders to potential trade setups.
  4. Real-Time Scanning: Monitor multiple signals—including Forex pairs, stocks, and commodities—in real time. With fast-moving markets, the scanner ensures you never miss a trading signal due to delays or manual chart-checking.
  5. Customizable Layouts: Change the dashboard to your trading strategy. Choose what to monitor, set signal alerts, and display only relevant indicators. This ensures a clean, organized interface focused on data.
  6. Receive Alerts and Signals from 40+ Charts: After installing the 4xPip Dashboard Scanner, you’ll start receiving signal alerts and trading information from more than 40 charts. The 4xPip dashboard is extremely efficient and powerful. 

Benefits of Using a Dashboard Scanner 

The dashboard scanner offers unparalleled advantages for traders aiming to analyse multiple trading assets on MT4 and MT5 platforms: 

  1. Increased Efficiency: Save time by fetching market data from multiple displaying it onto one centralize chart. Traders no longer need to manually switch through charts, as every trading information and signals is displayed in one unified view for faster decision-making.
  2. Improved Accuracy: Reduce human error with automated, real-time updates. The dashboard continuously monitors assets, ensuring traders capture every significant signal without oversight.
  3. Comprehensive Market Overview: Gain a complete view of the market by simultaneously tracking multiple instruments and comparing signals from various indicators. This allows informed trading decisions with minimum effort.
  4. Simplifies Multi-Asset Trading: Expanded traders managing Forex, stocks, and commodities can monitor all markets in one place. This prevents missed opportunities and simplifies trade management across different asset classes.

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What is a Dashboard Scanner in MetaTrader 

dashboard-scanner

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