Free MT4 & MT5 Forex Trading Dashboard
If you trade Forex on MetaTrader 4 or MetaTrader 5, having the right market information available on your chart can make analysis much easier.
The EA Trades Forex Trading Dashboard is a free indicator that brings several useful trading and market-analysis tools together in one clean dashboard.
Instead of adding multiple indicators separately, you can monitor important information such as RSI, MACD, EMA trends, ATR, pivot points, spread, trading sessions, and open-position exposure from a single chart.
What Does the Dashboard Show?
The dashboard is divided into several panels, each focused on a different part of market analysis.
Multi-Timeframe RSI & Momentum
The indicator displays RSI across multiple timeframes, including M5, M15, H1, H4, and D1.
It also shows the current H1 RSI and identifies whether the market is in an overbought, oversold, or neutral area.
Trend Analysis
The Trend Matrix compares the 20 EMA and 50 EMA on M15, H1, H4, and D1.
This provides a quick view of the current trend across different timeframes and can help traders compare short-term and longer-term market direction.
MACD
The dashboard displays the current MACD and signal values and shows their relationship as a simple bullish or bearish indication.
ATR & Market Volatility
The ATR panel compares the current day’s price range with the 14-day ATR.
This gives traders a quick way to see how much of the market’s typical daily range has already been used.
Pivot Points
The indicator calculates the previous day’s high, low, and close to display the daily Pivot Point, R1, and S1 levels.
These levels can be used as additional reference points during technical analysis.
Spread Monitoring
The dashboard also shows the current spread in pips and provides a simple visual indication of spread conditions.
This can be useful when checking whether current trading conditions are relatively tight or expensive.
Trading Sessions
Sydney, Tokyo, London, and New York sessions are displayed along with the current GMT time, helping traders quickly identify which major Forex sessions are active.
Account & Position Information
For traders with open positions, the dashboard can display information such as:
- Account balance and equity
- Used and free margin
- Buy and sell lots
- Net exposure
- Number of open orders
- Floating profit/loss
- Average buy and sell prices
A Free Forex Indicator for MT4 & MT5
The EA Trades dashboard is available as a free trading tool for MetaTrader users.
It is designed to provide useful market information without requiring traders to clutter their charts with many separate indicators.
The dashboard can be used alongside your existing trading strategy as a market-analysis and monitoring tool.
It is important to remember that the indicator does not guarantee profitable trades or predict future price movements. RSI, MACD, moving averages, ATR, and pivot levels are analysis tools and should be used together with proper risk management.
