Bollinger Bands Multicurrency Scanner Dashboard for MT4/MT5

The Bollinger Bands Multicurrency Scanner Dashboard is a highly versatile tool for traders who use Bollinger Bands to identify potential trading opportunities. This dashboard consolidates market insights from multiple currency pairs and timeframes, offering a clear and actionable overview for efficient decision-making. Its ability to generate alerts based on user-defined strategies makes it an indispensable resource for traders of all skill levels.

You can find the MT4 version here  Bollinger Band Scanner Full

You can find the MT5 version here  Bollinger Band Scanner MT5

Key Features

1. Multicurrency Monitoring
   The dashboard scans a customizable list of currency pairs, including major, minor, and exotic pairs, as well as special symbols like BTCUSD and XAUUSD. This allows traders to track diverse markets in real-time.

2. Multi-Timeframe Analysis
   Analyze multiple timeframes from M1 to MN1 simultaneously. Individual timeframe scanning can be enabled or disabled as needed, providing flexibility for short-term and long-term trading strategies.

3. Bollinger Bands Integration
   The tool incorporates Bollinger Bands to identify price movement relative to the upper and lower bands. It supports two entry strategies:

   • Reversal Strategy: Buy at the lower band and sell at the upper band during reversals.
   • Breakout Strategy: Buy when the price crosses the upper band and sell when it crosses the lower band.
     Traders can customize Bollinger Bands parameters, including period, deviation, shift, and applied price, to suit their trading style.

4. Confluence Signal Alerts
   Confluence alerts notify traders when multiple timeframes align with the same signal, enhancing the reliability of trade opportunities.

5. Custom Alerts and Notifications
   Receive real-time alerts through pop-ups, email, or push notifications for signals detected based on the selected Bollinger Bands strategy.

6. Responsive Dashboard Design
   Signals are displayed in a grid format, with symbols grouped by base currencies and timeframes as columns. Each cell provides the signal for a specific symbol and timeframe, along with details on how many candles ago the signal occurred. The dashboard is fully responsive, automatically adjusting to any screen size.

7. User Customization
   The dashboard supports extensive customization, including color coding for bullish, bearish, and neutral signals, adjustable panel size, and configurable text scaling. Filters for symbols, timeframes, and strategies further refine the user experience.

How It Works

The dashboard continuously scans selected currency pairs and timeframes using Bollinger Bands and the chosen entry strategy. It identifies signals and highlights them in an organized grid layout. Confluence signals are emphasized, alerting traders when selected timeframes align, enabling quick and accurate decision-making.

Why Choose This Dashboard?

The Bollinger Bands Multicurrency Scanner Dashboard simplifies complex market analysis, consolidates insights into an intuitive interface, and provides customizable alerts to keep traders informed. Its robust design and advanced features make it ideal for traders seeking to capitalize on Bollinger Bands strategies effectively.