TimeframeScanner Strength Analysis Panel in MQL5

Introduction

Picture monitoring market dynamics with the precision of a master dashboard, consolidating multiple indicators across timeframes into a single, intuitive interface. The TimeframeScanner Strength Analysis EA is your advanced market analysis tool, designed to display a panel on MetaTrader 5 that evaluates five technical indicators—Relative Strength Index (RSI, "iRSI()"), Stochastic Oscillator ("iStochastic()"), Commodity Channel Index (CCI, "iCCI()"), Average Directional Index (ADX, "iADX()"), and Awesome Oscillator (AO, "iAO()")—across 13 timeframes ("timeframes_array", M1 to W1). It calculates buy/sell signals ("calculate_signal_strength()") based on thresholds (e.g., RSI < 40 for buy, > 60 for sell), labeling them as “Strong Buy/Sell” (3+ indicators), “Buy/Sell” (2+ indicators), or “Neutral.” The panel, managed via "create_rectangle()", "create_label()", and "updateIndicators()", uses color-coded text (e.g., blue for oversold RSI) and backgrounds (e.g., green for Strong Buy) for clarity, with a close button ("CLOSE_BUTTON") to toggle visibility ("panel_is_visible"). No automated trades are executed, focusing on decision support. This non-trading EA suits traders needing a comprehensive market overview, requiring integration with trading logic for execution.

This article is crafted with a professional, engaging, and seamless narrative, flowing like a well-calibrated market dashboard, designed to inform and captivate readers. Tailored for both novice and experienced traders, we’ll dissect each code component with clear, precise explanations, as if guiding an apprentice engineer through a market analysis project. With vivid examples—like analyzing EURUSD signals—and a polished tone, we’ll explore how the EA initializes, builds the panel, updates indicators, and ensures cleanup. Using a precision market dashboard metaphor, this guide will illuminate the code’s technical rigor, empowering you to monitor markets with confidence. Let’s activate the system and begin this analysis expedition!

Strategy Blueprint

Let’s outline the EA’s analysis framework, like drafting specifications for a market dashboard:

• Panel Setup: Creates a graphical panel ("MAIN_PANEL", "create_rectangle()", "create_label()") displaying RSI, Stochastic, CCI, ADX, and AO across timeframes (M1–W1).

• Indicator Analysis: Fetches values for RSI (14-period), Stochastic (14,3,3), CCI (20-period), ADX (14-period), and AO ("iRSI()", "iStochastic()", etc.) using "CopyBuffer()".

• Signal Calculation: Evaluates buy/sell signals ("calculate_signal_strength()") based on thresholds (e.g., RSI < 40, Stochastic < 40 for buy), labeling as “Strong Buy/Sell” (3+ indicators), “Buy/Sell” (2+ indicators), or “Neutral.”

• Visual Updates: Updates panel with color-coded text ("update_label()", e.g., blue for RSI < 30) and backgrounds ("update_rectangle()", e.g., green for Strong Buy) via "updateIndicators()".

• Execution: Refreshes on each tick ("OnTick()") if the panel is visible ("panel_is_visible"), with a close button ("CLOSE_BUTTON", "OnChartEvent()") to toggle off.

• Enhancements: Adding automated trading, configurable thresholds, or additional indicators could enhance functionality. This framework provides a real-time market overview with precision, consolidating multi-timeframe analysis. See below.

Code Implementation

Let’s step into the market dashboard control room and dissect the MQL5 code that powers this TimeframeScanner Strength Analysis EA. We’ll guide you through each phase like expert engineers, ensuring the narrative flows seamlessly with professional clarity and engaging precision that captivates readers. We’ll cover initialization, panel creation, indicator updates, signal processing, and cleanup, with detailed explanations and examples—like analyzing EURUSD signals—to make it accessible for beginners. Each phase will build on the last, crafting a cohesive technical narrative that transforms code into a compelling analysis project. Let’s power up the system and begin!

Phase 1: Constructing the Framework—Initialization

We start by building the analysis system, initializing the panel and indicators.

//+------------------------------------------------------------------+
//|                        TimeframeScanner Strength Analysis EA.mq5 |
//|                           Copyright 2025, Allan Munene Mutiiria. |
//|                                   https://t.me/Forex_Algo_Trader |
//+------------------------------------------------------------------+
#property copyright "Copyright 2025, Allan Munene Mutiiria."
#property link      "https://t.me/Forex_Algo_Trader"
#property version   "1.00"

#define MAIN_PANEL "MAIN_PANEL"
#define HEADER_PANEL "HEADER_PANEL"
#define HEADER_PANEL_ICON "HEADER_PANEL_ICON"
#define HEADER_PANEL_TEXT "HEADER_PANEL_TEXT"
#define CLOSE_BUTTON "CLOSE_BUTTON"
#define SYMBOL_RECTANGLE "SYMBOL_RECTANGLE"
#define SYMBOL_TEXT "SYMBOL_TEXT"
#define TIMEFRAME_RECTANGLE "TIMEFRAME_RECTANGLE"
#define TIMEFRAME_TEXT "TIMEFRAME_TEXT"
#define HEADER_RECTANGLE "HEADER_RECTANGLE"
#define HEADER_TEXT "HEADER_TEXT"
#define RSI_RECTANGLE "RSI_RECTANGLE"
#define RSI_TEXT "RSI_TEXT"
#define STOCH_RECTANGLE "STOCH_RECTANGLE"
#define STOCH_TEXT "STOCH_TEXT"
#define CCI_RECTANGLE "CCI_RECTANGLE"
#define CCI_TEXT "CCI_TEXT"
#define ADX_RECTANGLE "ADX_RECTANGLE"
#define ADX_TEXT "ADX_TEXT"
#define AO_RECTANGLE "AO_RECTANGLE"
#define AO_TEXT "AO_TEXT"
#define BUY_RECTANGLE "BUY_RECTANGLE"
#define BUY_TEXT "BUY_TEXT"
#define SELL_RECTANGLE "SELL_RECTANGLE"
#define SELL_TEXT "SELL_TEXT"

ENUM_TIMEFRAMES timeframes_array[] = {PERIOD_M1,PERIOD_M5,PERIOD_M15,PERIOD_M20,PERIOD_M30,
                                      PERIOD_H1,PERIOD_H2,PERIOD_H3,PERIOD_H4,PERIOD_H8,
                                      PERIOD_H12,PERIOD_D1,PERIOD_W1};

bool panel_is_visible = true;

double rsi_values[];
double stochastic_values[];
double cci_values[];
double adx_values[];
double ao_values[];

int OnInit(){
   create_rectangle(MAIN_PANEL,632,40,617,374,C'30,30,30',clrBlack);
   create_rectangle(HEADER_PANEL,632,40,617,27,C'60,60,60',clrBlack);
   create_label(HEADER_PANEL_ICON,CharToString(91),620,54,18,clrAqua,"Wingdings");
   create_label(HEADER_PANEL_TEXT,"TimeframeScanner",527,52,13,clrWhite);
   create_label(CLOSE_BUTTON,"r",32,54,18,clrYellow,"Webdings");
   create_rectangle(SYMBOL_RECTANGLE,630,75,WIDTH_TIMEFRAME,HEIGHT_RECTANGLE,clrGray);
   create_label(SYMBOL_TEXT,_Symbol,585,85,11,COLOR_WHITE);
   string header_names[] = {"BUY","SELL","RSI","STOCH","CCI","ADX","AO"};
   for (int header_index=0; header_index < ArraySize(header_names); header_index++){
      int x_offset = (630-WIDTH_TIMEFRAME)-(header_index < 2 ? header_index*WIDTH_SIGNAL : 2*WIDTH_SIGNAL+(header_index-2)*WIDTH_INDICATOR)+(1+header_index);
      int width = (header_index < 2 ? WIDTH_SIGNAL : WIDTH_INDICATOR);
      create_rectangle(HEADER_RECTANGLE+IntegerToString(header_index),x_offset,75,width,HEIGHT_RECTANGLE,clrGray);
      create_label(HEADER_TEXT+IntegerToString(header_index),header_names[header_index],x_offset-(width/2),85,11,COLOR_WHITE);
   }
   for (int timeframe_index = 0; timeframe_index < ArraySize(timeframes_array); timeframe_index++){
      color timeframe_background = (timeframes_array[timeframe_index] == _Period) ? clrLimeGreen : clrGray;
      color timeframe_text_color = (timeframes_array[timeframe_index] == _Period) ? COLOR_BLACK : COLOR_WHITE;
      create_rectangle(TIMEFRAME_RECTANGLE+(IntegerToString(timeframe_index)),630,(75+HEIGHT_RECTANGLE)+timeframe_index*HEIGHT_RECTANGLE-(1+timeframe_index),WIDTH_TIMEFRAME,HEIGHT_RECTANGLE,timeframe_background);
      create_label(TIMEFRAME_TEXT+(IntegerToString(timeframe_index)),truncate_timeframe_name(timeframe_index),585,(85+HEIGHT_RECTANGLE)+timeframe_index*HEIGHT_RECTANGLE-(1+timeframe_index),11,timeframe_text_color);
      for (int header_index=0; header_index<ArraySize(header_names); header_index++){
         string cell_rectangle_name, cell_text_name;
         color cell_background = (header_index < 2) ? COLOR_LIGHT_GRAY : COLOR_BLACK;
         switch(header_index){
            case 0: cell_rectangle_name = BUY_RECTANGLE+IntegerToString(timeframe_index); cell_text_name = BUY_TEXT+IntegerToString(timeframe_index); break;
            case 1: cell_rectangle_name = SELL_RECTANGLE+IntegerToString(timeframe_index); cell_text_name = SELL_TEXT+IntegerToString(timeframe_index); break;
            case 2: cell_rectangle_name = RSI_RECTANGLE+IntegerToString(timeframe_index); cell_text_name = RSI_TEXT+IntegerToString(timeframe_index); break;
            case 3: cell_rectangle_name = STOCH_RECTANGLE+IntegerToString(timeframe_index); cell_text_name = STOCH_TEXT+IntegerToString(timeframe_index); break;
            case 4: cell_rectangle_name = CCI_RECTANGLE+IntegerToString(timeframe_index); cell_text_name = CCI_TEXT+IntegerToString(timeframe_index); break;
            case 5: cell_rectangle_name = ADX_RECTANGLE+IntegerToString(timeframe_index); cell_text_name = ADX_TEXT+IntegerToString(timeframe_index); break;
            case 6: cell_rectangle_name = AO_RECTANGLE+IntegerToString(timeframe_index); cell_text_name = AO_TEXT+IntegerToString(timeframe_index); break;
         }
         int x_offset = (630-WIDTH_TIMEFRAME)-(header_index < 2 ? header_index * WIDTH_SIGNAL : 2*WIDTH_SIGNAL+(header_index-2)*WIDTH_INDICATOR)+(1+header_index);
         int width = (header_index < 2 ? WIDTH_SIGNAL : WIDTH_INDICATOR);
         create_rectangle(cell_rectangle_name,x_offset,(75+HEIGHT_RECTANGLE)+timeframe_index*HEIGHT_RECTANGLE-(1+timeframe_index),width,HEIGHT_RECTANGLE,cell_background);
         create_label(cell_text_name,"-/-",x_offset-(width/2),(85+HEIGHT_RECTANGLE)+timeframe_index*HEIGHT_RECTANGLE-(1+timeframe_index),10,COLOR_WHITE);
      }
   }
   ArraySetAsSeries(rsi_values,true);
   ArraySetAsSeries(stochastic_values,true);
   ArraySetAsSeries(cci_values,true);
   ArraySetAsSeries(adx_values,true);
   ArraySetAsSeries(ao_values,true);  
   if (panel_is_visible){
      updateIndicators();
   }
   return(INIT_SUCCEEDED);
}

The system begins with the #property header, establishing copyright and contact details, like calibrating a market dashboard’s core. The "OnInit()" function initializes the setup, defining constants for panel objects ("MAIN_PANEL", "CLOSE_BUTTON", etc.) and timeframes ("timeframes_array", M1–W1). It creates a main panel ("create_rectangle()", 617x374, dark gray), header panel ("HEADER_PANEL", icon, text), and close button ("CLOSE_BUTTON", Webdings). It builds a grid for the symbol ("SYMBOL_TEXT"), timeframes, and headers (BUY, SELL, RSI, etc.) using "create_rectangle()", "create_label()", with dynamic offsets ("WIDTH_TIMEFRAME", "WIDTH_SIGNAL", "WIDTH_INDICATOR") and colors (e.g., lime green for current timeframe). Arrays ("rsi_values", etc.) are set as time series ("ArraySetAsSeries()") and indicators are updated ("updateIndicators()") if "panel_is_visible"=true. Returning INIT_SUCCEEDED signals, “Dashboard is ready, let’s analyze markets!” This primes the EA for multi-timeframe analysis, like a dashboard poised for action.

Phase 2: Building the Interface—Updating Indicators

With the panel created, we fetch and display indicator data, like calibrating dashboard gauges.

void updateIndicators(){
   for (int timeframe_index =0; timeframe_index < ArraySize(timeframes_array); timeframe_index++){
      int rsi_indicator_handle = iRSI(_Symbol,timeframes_array[timeframe_index],14,PRICE_CLOSE);
      int stochastic_indicator_handle = iStochastic(_Symbol,timeframes_array[timeframe_index],14,3,3,MODE_SMA,STO_LOWHIGH);
      int cci_indicator_handle = iCCI(_Symbol,timeframes_array[timeframe_index],20,PRICE_TYPICAL);
      int adx_indicator_handle = iADX(_Symbol,timeframes_array[timeframe_index],14);
      int ao_indicator_handle = iAO(_Symbol,timeframes_array[timeframe_index]);
      if (rsi_indicator_handle == INVALID_HANDLE || stochastic_indicator_handle == INVALID_HANDLE || cci_indicator_handle == INVALID_HANDLE ||
          adx_indicator_handle == INVALID_HANDLE || ao_indicator_handle == INVALID_HANDLE){
         continue;
      }
      if (CopyBuffer(rsi_indicator_handle,0,0,1,rsi_values) <= 0 ||
          CopyBuffer(stochastic_indicator_handle,1,0,1,stochastic_values) <= 0 ||
          CopyBuffer(cci_indicator_handle,0,0,1,cci_values) <= 0 ||
          CopyBuffer(adx_indicator_handle,0,0,1,adx_values) <= 0 ||
          CopyBuffer(ao_indicator_handle,0,0,1,ao_values) <= 0){
         continue;
      }
      color rsi_text_color = (rsi_values[0] < 30 ? clrBlue : (rsi_values[0] > 70) ? clrRed : COLOR_WHITE);
      update_label(RSI_TEXT+IntegerToString(timeframe_index),DoubleToString(rsi_values[0],2),rsi_text_color);
      color stochastic_text_color = (stochastic_values[0] < 20 ? clrBlue : (stochastic_values[0] > 80) ? clrRed : COLOR_WHITE);
      update_label(STOCH_TEXT+IntegerToString(timeframe_index),DoubleToString(stochastic_values[0],2),stochastic_text_color);
      color cci_text_color = (cci_values[0] < -100 ? clrBlue : (cci_values[0] > 100) ? clrRed : COLOR_WHITE);
      update_label(CCI_TEXT+IntegerToString(timeframe_index),DoubleToString(cci_values[0],2),cci_text_color);
      color adx_text_color = (adx_values[0] > 25) ? clrBlue : COLOR_WHITE;
      update_label(ADX_TEXT+IntegerToString(timeframe_index),DoubleToString(adx_values[0],2),adx_text_color);
      color ao_text_color = (ao_values[0] > 0 ? clrBlue : (ao_values[0] < 0) ? clrRed : COLOR_WHITE);
      update_label(AO_TEXT+IntegerToString(timeframe_index),DoubleToString(ao_values[0],2),ao_text_color);
      string buy_signal = calculate_signal_strength(rsi_values[0],stochastic_values[0],cci_values[0],adx_values[0],ao_values[0],true);
      string sell_signal = calculate_signal_strength(rsi_values[0],stochastic_values[0],cci_values[0],adx_values[0],ao_values[0],false);
      color buy_text_color = (buy_signal == "Strong Buy") ? COLOR_WHITE : COLOR_WHITE;
      color buy_background = (buy_signal == "Strong Buy") ? clrGreen : (buy_signal == "Buy") ? clrSeaGreen : COLOR_DARK_GRAY;
      color sell_text_color = (sell_signal == "Strong Sell") ? COLOR_WHITE : COLOR_WHITE;
      color sell_background = (sell_signal == "Strong Sell") ? clrRed : (sell_signal == "Sell") ? clrSalmon : COLOR_DARK_GRAY;
      update_rectangle(BUY_RECTANGLE+IntegerToString(timeframe_index),buy_background);
      update_rectangle(SELL_RECTANGLE+IntegerToString(timeframe_index),sell_background);
      update_label(BUY_TEXT+IntegerToString(timeframe_index),buy_signal,buy_text_color);
      update_label(SELL_TEXT+IntegerToString(timeframe_index),sell_signal,sell_text_color);
      IndicatorRelease(rsi_indicator_handle);
      IndicatorRelease(stochastic_indicator_handle);
      IndicatorRelease(cci_indicator_handle);
      IndicatorRelease(adx_indicator_handle);
      IndicatorRelease(ao_indicator_handle);
   }
}

In the indicator calibration hub, "updateIndicators()" loops through timeframes ("timeframes_array") to fetch data for RSI (14-period, "iRSI()"), Stochastic (14,3,3, "iStochastic()"), CCI (20-period, "iCCI()"), ADX (14-period, "iADX()"), and AO ("iAO()") using "CopyBuffer()". It skips invalid handles ("INVALID_HANDLE") or failed data copies. Values are stored in arrays ("rsi_values", etc.) and displayed with color-coded text via "update_label()" (e.g., blue for RSI < 30, red for RSI > 70). Signals are calculated ("calculate_signal_strength()") and updated with "update_rectangle()" (e.g., green for Strong Buy) and "update_label()". Handles are released ("IndicatorRelease()") to free resources. For example, on EURUSD H1, RSI=25.50 (blue), Stochastic=18.00 (blue), and Strong Buy (green) are displayed, like updating dashboard gauges.

Phase 3: Calculating Signals—Processing Market Strength

With indicators fetched, we calculate buy/sell signals, like generating dashboard alerts.

string calculate_signal_strength(double rsi, double stochastic, double cci, double adx, double ao, bool is_buy){
   int signal_strength = 0;
   if (is_buy && rsi < 40) signal_strength++;
   else if (!is_buy && rsi > 60) signal_strength++;
   if (is_buy && stochastic < 40) signal_strength++;
   else if (!is_buy && stochastic > 60) signal_strength++;
   if (is_buy && cci < -70) signal_strength++;
   else if (!is_buy && cci > 70) signal_strength++;
   if (adx > 40) signal_strength++;
   if (is_buy && ao > 0) signal_strength++;
   else if (!is_buy && ao < 0) signal_strength++;
   if (signal_strength >= 3) return is_buy ? "Strong Buy" : "Strong Sell";
   if (signal_strength >= 2) return is_buy ? "Buy" : "Sell";
   return ("Neutral");
}

In the signal processing hub, "calculate_signal_strength()" evaluates indicators against thresholds: RSI (< 40 buy, > 60 sell), Stochastic (< 40 buy, > 60 sell), CCI (< -70 buy, > 70 sell), ADX (> 40), AO (> 0 buy, < 0 sell). It counts matching conditions ("signal_strength") and returns “Strong Buy/Sell” (3+), “Buy/Sell” (2+), or “Neutral”. For example, on EURUSD H1, RSI=25.50, Stochastic=18.00, CCI=-80, ADX=45 yields a Strong Buy (4/5), like an alert flashing on the dashboard.

Phase 4: Handling Interactions—Panel Visibility

We manage user interactions to toggle the panel, like controlling dashboard visibility.

void OnChartEvent(const int id, const long& lparam, const double& dparam, const string& s还不{
   if (id == CHARTEVENT_OBJECT_CLICK){
      if (sparam == CLOSE_BUTTON){
         Print("Closing the panel now");
         PlaySound("alert.wav");
         panel_is_visible = false;
         ObjectDelete(0,MAIN_PANEL);
         ObjectDelete(0,HEADER_PANEL);
         ObjectDelete(0,HEADER_PANEL_ICON);
         ObjectDelete(0,HEADER_PANEL_TEXT);
         ObjectDelete(0,CLOSE_BUTTON);
         ObjectsDeleteAll(0,SYMBOL_RECTANGLE);
         ObjectsDeleteAll(0,SYMBOL_TEXT);
         ObjectsDeleteAll(0,TIMEFRAME_RECTANGLE);
         ObjectsDeleteAll(0,TIMEFRAME_TEXT);
         ObjectsDeleteAll(0,HEADER_RECTANGLE);
         ObjectsDeleteAll(0,HEADER_TEXT);
         ObjectsDeleteAll(0,RSI_RECTANGLE);
         ObjectsDeleteAll(0,RSI_TEXT);
         ObjectsDeleteAll(0,STOCH_RECTANGLE);
         ObjectsDeleteAll(0,STOCH_TEXT);
         ObjectsDeleteAll(0,CCI_RECTANGLE);
         ObjectsDeleteAll(0,CCI_TEXT);
         ObjectsDeleteAll(0,ADX_RECTANGLE);
         ObjectsDeleteAll(0,ADX_TEXT);
         ObjectsDeleteAll(0,AO_RECTANGLE);
         ObjectsDeleteAll(0,AO_TEXT);
         ObjectsDeleteAll(0,BUY_RECTANGLE);
         ObjectsDeleteAll(0,BUY_TEXT);
         ObjectsDeleteAll(0,SELL_RECTANGLE);
         ObjectsDeleteAll(0,SELL_TEXT);
         ChartRedraw(0);
      }
   }
}

In the interaction hub, "OnChartEvent()" handles clicks on "CLOSE_BUTTON", setting "panel_is_visible"=false, deleting all objects ("ObjectDelete()", "ObjectsDeleteAll()"), and playing a sound ("alert.wav"). For example, clicking the close button hides the EURUSD panel, like switching off the dashboard.

Phase 5: Shutting Down the System—Cleaning Up Resources

As our expedition concludes, we shut down the system, ensuring a clean chart.

void OnDeinit(const int reason){
   ObjectDelete(0,MAIN_PANEL);
   ObjectDelete(0,HEADER_PANEL);
   ObjectDelete(0,HEADER_PANEL_ICON);
   ObjectDelete(0,HEADER_PANEL_TEXT);
   ObjectDelete(0,CLOSE_BUTTON);
   ObjectsDeleteAll(0,SYMBOL_RECTANGLE);
   ObjectsDeleteAll(0,SYMBOL_TEXT);
   ObjectsDeleteAll(0,TIMEFRAME_RECTANGLE);
   ObjectsDeleteAll(0,TIMEFRAME_TEXT);
   ObjectsDeleteAll(0,HEADER_RECTANGLE);
   ObjectsDeleteAll(0,HEADER_TEXT);
   ObjectsDeleteAll(0,RSI_RECTANGLE);
   ObjectsDeleteAll(0,RSI_TEXT);
   ObjectsDeleteAll(0,STOCH_RECTANGLE);
   ObjectsDeleteAll(0,STOCH_TEXT);
   ObjectsDeleteAll(0,CCI_RECTANGLE);
   ObjectsDeleteAll(0,CCI_TEXT);
   ObjectsDeleteAll(0,ADX_RECTANGLE);
   ObjectsDeleteAll(0,ADX_TEXT);
   ObjectsDeleteAll(0,AO_RECTANGLE);
   ObjectsDeleteAll(0,AO_TEXT);
   ObjectsDeleteAll(0,BUY_RECTANGLE);
   ObjectsDeleteAll(0,BUY_TEXT);
   ObjectsDeleteAll(0,SELL_RECTANGLE);
   ObjectsDeleteAll(0,SELL_TEXT);
   ChartRedraw(0);
}

In the shutdown control room, "OnDeinit()" removes all panel objects ("ObjectDelete()", "ObjectsDeleteAll()") to ensure a clean chart, like dismantling a dashboard. This is redundant with "OnChartEvent()" for "CLOSE_BUTTON" but ensures cleanup on EA removal.

Why This EA is a Market Dashboard Triumph

The TimeframeScanner Strength Analysis EA is an analysis triumph, delivering multi-timeframe insights with precision, like a master-crafted market dashboard. Its comprehensive indicator panel ("RSI_TEXT", "BUY_RECTANGLE", etc.) and dynamic visuals ("update_rectangle()", "update_label()") provide clear signals, with potential for automated trading. Picture a Strong Buy signal on EURUSD H1 in green—strategic brilliance! Beginners will value the intuitive display, while experts can enhance its functionality, making it essential for informed trading.

Putting It All Together

To deploy this EA:

1. Open MetaEditor in MetaTrader 5, like entering your market dashboard control room.

2. Copy the code, compile with F5, and verify no errors—no engineer wants a faulty dashboard!

3. Attach the EA to your chart (e.g., EURUSD H1) to display the indicator panel.

4. Monitor the panel for real-time updates; click the close button to hide it with a sound alert.

5. Test on a demo account first—real trading decisions deserve a trial run!

Conclusion

We’ve engineered a TimeframeScanner system that monitors markets with precision, like a master-crafted dashboard. This MQL5 code is your strategic tool, brought to life with a seamless, professional narrative packed with clear explanations and vivid examples to fuel your trading insight. Whether you’re a novice trader or a seasoned market strategist, this EA empowers you to analyze markets with confidence. Ready to analyze? Watch our video guide on the website for a step-by-step creation process. Now, navigate your markets with precision! 🔍

Disclaimer: Trading is like navigating complex markets—challenging and risky. Losses can exceed deposits. Test strategies on a demo account before going live.