The Full Forex Market View Dashboard is an indicator, it is found on the MQL 5 marketplace, we have added a link to the indicator below. The indicator was first uploaded by Opengates Success International on the 24th of June 2019, it has had a few updates since, the most recent update was on the 13th of January 2020 and is currently on version 1.7.
The Full Forex Market View Dashboard is an indicator for the MetaTrader 4 trading platform. Its main use is to give traders a full view of what is going on within the markets, it can be sued for solo trading, basket trading and to help confirm the validity of a signal received from another trading system.
The indicator has a few different components, including:
- Time Frames: From M1 to MN1 Current Candles status (Buy/Sell)
- Trend: Overall trend of the currencies
Impacts: The magnitudes/volatility of the currencies’ movements, see below:
- Build-up: The currency is just building up
- Good: The currency is getting serious
- High: The currency is worthy of interest
- Strong: The direction is to be considered
- Very strong: This currency is near perfect
- Excellent: The peak of the signals that we are good to go
- Changes: The currency movements is sideway, losing or gaining points
- Rates: Reliability of the currency to be considered for trading
- Trade: The name of the currency pair ready for trade
When using the indicator, all time frames should agree with each other, the trend will say which way the markets are going, the signal will display a buy now or sell now alerts, the change must be positive, and there are also a few other factors that affect the signals of the indicator.
The indicator can be purchased for $135 which will give you unrestricted access to it, you are also able to rent the indicator, you can do this on a monthly basis which will cost you $35 per month. There is a free version available, this demo will have some limitations, unfortunately, we do not know what he limitations re as they are not stated on the website.
Just three reviews are available, the ratings given by these revies have given the indicator an overall rating of 3.5 out of 5.
“An indicator does not help in the period of volatility. If you do not have the experience, stay away from this indicator” – A 1-star review.
“I bought a lot of indicators and this product is the best one. Thank you Olufemi for amazing indicator and your support and also thank you for the green pips which I get from your product.” – A 5-star review.
“Awesome support from the author Olufemi and a Great indicator!” – A 5-star review.
With two positive reviews and one negative, we are not entirely sure on the negative one as many indicators and expert advisors would not function as well during high volatility, and the date of the review shows that it was given during the Coronavirus outbreak which would prevent many indicators from functioning at their optimum levels. The developer has been replying to comments which is a good sign. We would suggest using the free version to test it out, even with its limitations it will give you an idea of how the indicator works and you can be sure that it is the right one for you.
This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/23156