This Trade Finder dashboard is not an indicator, it is an Expert Advisor (EA) and the file you download at the bottom of this post must be placed in the Experts folder. If you're not sure how to do this, watch this video
After installing the EA, attach it to a chart using a blank or black template. You can download ready made templates from the MT4 Indicators page on this website.
The Trade Finder can be set to trade automatically or manually in the settings. Whichever settings are chosen by the user, the autotrading button on the MT4 terminal must be on for the EA to function. However, do not turn on the auto trading mode until you find a desired set of filters to generate BUY and SELL signals by testing your settings on a DEMO account.
Lastly, this EA is CPU intensive: the more symbols you add to the dashboard, the more computing power is required. Some users may find the dashboard works slowly (or not at all) if it consumes all of their computer power. To resolve this, remove symbols from the dashboard.
Quick Tour of the Trade Finder
Starting top left and working to the right hand edge:
TRADING - this message shows when the trading session is active;
MONITORING TRADES - open trades are being monitored;
BASKET TAKEPROFIT - user selected USD target for the basket of open trades;
BASKET STOPLOSS - user selected USD stop for the basket of open trades;
LOW - the lowest value achieved by the basket of open trades;
HIGH - the highest value achieved by the basket of open trades;
LOCK - user selected lock on total profit achieved by the basket of open trades;
Number of baskets (red) closed with a loss;
Number of baskets (blue) closed at a profit;
Looking at the first row of data:
Symbol button: when the trading filters set by the user indicate a BUY, the button turns blue. When a SELL is indicated, the button turns red. When there's no signal, the button is gray. When you click the symbol button, it will open a chart using the user created template named in the settings.
Spread: the current spread for the symbol;
Pips: number of pips moved since the open. Blue are positive and red are negative.
ADR: average daily range for the symbol;
Performance: gradient coloured performance data for 3 user selected timeframes. The deeper the colour, the bigger the performance %;
Candle Direction: an up / down candle indicator covering 9 timeframes for each symbol;
Trends: up / down arrows to indicate the symbol price trend.
T1 - shows whether price is above or below the upper or lower 34 EMA as used in the Dragon indicator;
T2 - indicates the symbol price trend shown by 34 EMA and 89 EMA as used in the Dragon indicator;
T3 - proprietary short term price trend indicator;
T4 - standard RSI indicator using settings input by the user;
Trade Button: one click trade buttons to BUY, SELL or CLOSE a position. A BUY position opens a trade for the symbol at market with a stoploss and take profit set by the user;
The next column shows a trade signal according to the filters set by the user. A blue asterix shows a buy signal in place and a red asterix is a sell signal;
The following 2 columns show the RSI Histo indicator: the number shows the RSI Histo value above the user set trigger level folllowed by a "strength" meter where the colour gets darker the bigger the RSI Histo number. At extreme values, the bars turn yellow to warn of the potential for a reversal in trend;
Trades Blotter: the last columns show the current basket of open trades aggregated by symbol. Positions are shown by symbol with total lots bought and sold, the total number of individual orders and the combined profit & loss for the orders. Above the last column, the total profit or loss for the basket of open trades is displayed;
Global Buttons: CLOSE ALL, CLOSE LOSS and CLOSE PROFITS do exactly as the label says.
Trade Finder Settings
There are a lot of settings to customise filters to generate trading signals, to manage individual trades and the basket of open trades, trading sessions, chart template and dashboard position on the chart window. They are self explanatory but if you have any further questions, message me on Twitter or via this website.
*** DOWNLOAD LINK ***
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