Big Candle Scanner Dashboard MT5
- Indicators
- Biswarup Banerjee
- Version: 1.0
- Activations: 20
Big Candle Scanner Dashboard MT5
The Big Candle Scanner Dashboard is a powerful tool for detecting significant bullish and bearish candles across multiple currency pairs and timeframes. Designed for professional and retail traders, it provides real-time insights into market movements with customizable alerts and a user-friendly interface.
For detailed documentation click here
For MT5 version check here Big Candle Scanner Dashboard MT4
Multi-Currency Scanning: The scanner supports all major, minor, and exotic currency pairs, including popular symbols like BTCUSD and XAUUSD.
Multi-Timeframe Analysis: It monitors all timeframes from M1 to MN1, ensuring comprehensive market coverage.
Comprehensive Conditions: The scanner uses advanced methods to detect big candles: Candle Size Relative to Average identifies candles significantly larger than the average size. Volume Confirmation flags candles with high trading volumes. Open-Close Difference highlights candles with decisive price movements. Body vs Wick Size detects candles with dominant bodies over wicks. Dynamic Range Filters use ATR-based thresholds to adapt to market volatility.
Real-Time Alerts: Stay updated with notifications via email, push, or pop-up alerts, ensuring you never miss a signal.
Customizable Display: Adjust panel size, text, and color schemes to match your preferences for better readability.
How It Works:
The scanner continuously evaluates selected symbols and timeframes using multiple analytical conditions. Detected signals are displayed in an easy-to-read grid format, showing candle type (bullish or bearish) and when the signal occurred.
Input Parameters:
The dashboard allows enabling or disabling specific conditions such as size, volume, open-close difference, body-wick ratio, or ATR range. It also offers customizable thresholds for all conditions and alert settings for real-time notifications.
If you want to try the free trial version for 7 days, feel free to reach out to me via the profile section.