Swing Trading Dashboard – scans all pairs on all timeframes

Swing Trading Dashboard – scans all pairs on all timeframes

Characteristics of the Swing Trading Dashboard
Platform: Metatrader4
Currency pairs: All Pairs, Indexes, Stocks and Metals
Trading Time: Around the clock
Timeframe: All Timeframes, recommended M5-D1
Recommended broker: Roboforex, XM, FBS
How it works and rules of trade
Before we proceed directly to the analysis of trading signals, I want to draw your attention to the fact that you do not need to open a new chart for each pair in the terminal each time. To do this, just double-click on the currency pair (gray area on the right with the name of the currency pair in the dashboard panel). It is very convenient and fast enough.

By the way, the forerunner of the Swing Dashboard Indicator was an indicator called the Swing Force (attached to the archive). I will not dwell on it in detail. If you wish, you can familiarize yourself with the Swing Force indicator.

Using the Swing Dashboard Indicator is very simple:

BUY when a blue arrow appears:

swing-trading-dashboard-buy-signal

SELL when a red arrow appears:

swing-trading-dashboard-sell-signal

Stop Loss should be set at the level of the red line, which in turn is set at the level of the nearest price minimum/maximum.

To set targets, you can follow the rules:

Take Profit 1 = Stop Loss
Take Profit 2 = 2 x Stop Loss or at the level of the green line of the indicator
And of course, no matter how profitable this indicator is, it is not wise to use it alone. For example, you can use the Market Strength indicator as a filter. This will additionally protect you from some false signals.

Swing Trading Dashboard + Market Strength:

swing-trading-and-market strength

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