Advanced Dashboard for Currency Strength and Speed MT4 Settings Review & Full Analysis
๐งฉ In-Depth Settings Review & Trading Performance Analysis
The Advanced Dashboard for Currency Strength and Speed MT4 is a professional-grade multi-currency strength and momentum dashboard designed to help traders identify strong trends, extreme conditions, and high-probability trade opportunities across multiple timeframes.
Based on the provided settings, this configuration is optimized for trend-following, momentum confirmation, and intraday to swing trading, rather than fast scalping.
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๐งฉ Color & Visual Configuration (Clarity & Speed Focus)
๐น Simple Colors: Disabled
- Allows advanced multi-level color coding
- Provides more precise strength and speed interpretation
๐น Bull & Bear Colors
- Bull: Lime
- Bear: Violet
- High contrast ensures instant directional recognition
๐น Currency Strength Color Levels
Each strength tier is visually distinguished:
| Strength Level | Color | Meaning |
|---|---|---|
| Extreme Strong | Yellow | Overpowering trend |
| Stronger | Green | Strong continuation |
| Strong | Cyan | Healthy trend |
| Neutral | Lavender | No clear bias |
| Weak | Orange | Losing momentum |
| Weaker | Red | Strong weakness |
| Extreme Weak | Magenta | Capitulation zone |
๐ Trading Impact:
This granular color system allows traders to quickly assess relative currency dominance and exhaustion without reading numbers.
๐น SPEED Color Levels
- Same tier logic as strength
- Confirms momentum acceleration or deceleration
- Prevents entering late or during consolidation
๐งฉ Dashboard & Panel Layout Optimization
๐น Background & Panel Colors
- Dark backgrounds reduce eye strain
- DASH panels dynamically change based on Bull / Bear / Neutral state
๐น Font & Spacing Settings
- Auto pixel 4K enabled (high-resolution friendly)
- Balanced font sizes for CS, Speed, and alerts
- Clean alignment for big screens and multi-monitor setups
๐ Trading Impact:
Designed for long trading sessions with minimal visual fatigue.
๐งฉ Currency & Support Chart Logic
๐น Currency-Specific Characteristics: Enabled
- Adjusts behavior per currency volatility
- Improves accuracy for JPY, GBP, XAUUSD, etc.
๐น Support Charts
- Auto open 7 support charts
- Runs on all timeframes
- Ideal for top-down multi-TF analysis
๐งฉ Currency Strength Extreme Levels (Timeframe-Based)
The indicator dynamically adjusts extreme strength thresholds per timeframe:
| Timeframe | Extreme Level |
|---|---|
| M1 | 261 |
| M5 | 200 |
| M15 | 161 |
| M30 | 150 |
| H1 | 138 |
| H4 | 123 |
| D1 | 112 |
| W / MN | 100 |
๐ Trading Impact:
Higher TFs require less aggressive readings, preventing false extremes and ensuring context-aware signals.
๐งฉ Symbols & Market Coverage
๐น Exotic & Index Support
- XAUUSD added (Gold)
- Supports indices (e.g., US30) via manual entry
๐ Trading Impact:
Makes the dashboard useful for Forex, Gold, and index traders in one interface.
๐งฉ Alert & Trend Detection System
๐น DASH Trigger TREND: 1000
- High threshold = only strong trends trigger
- Filters sideways markets efficiently
๐น Minimum SPEED for Alerts (TF3): 9
- Ensures momentum confirmation
- Avoids slow, weak breakouts
๐น Add H4 Speed Filter: 14
- Adds higher-timeframe validation to lower TF alerts
๐น Alert Behavior
- Popup alerts enabled
- Charts open in new windows
- Target chart stays in same window for focus
๐ Trading Impact:
Alert logic is confirmation-heavy, ideal for disciplined traders who want quality over quantity.
๐งฉ Timeframe Alert Configuration (Selective & Professional)
Enabled alerts:
- M30
- H1
- H4
Disabled alerts:
- M1, M5, M15
- D1
๐ Trading Impact:
This confirms the setup is not for scalping, but for intraday trend continuation and swing entries.
๐งฉ Performance, Automation & EA Compatibility
- PIN values disabled (manual trading focus)
- No forced subwindow
- CPU-friendly with intelligent filtering
- Possible EA integration if enabled later
๐งฉ Final Conclusion
โ Overall Rating: High-Precision Professional Trading Dashboard
This configuration of Advanced Dashboard for Currency Strength and Speed MT4 is expertly tuned for:
- Trend traders
- Momentum-based strategies
- Intraday & swing trading
- Multi-currency portfolio analysis
- Gold (XAUUSD) and index trading
Key Strengths:
โ Clear visual hierarchy
โ Accurate strength & speed filtering
โ Timeframe-adaptive extreme levels
โ Strong alert confirmation logic
โ Reduced false signals
โ Excellent multi-screen usability
