Cockpit: Real-time MT5 dashboard for scalpers to identify high-probability trades

This Cockpit review 2026 performance analysis examines how a dashboard-centric tool changes decision flow for scalpers and short-term traders on MT5. Cockpit stands out because it does not generate buy or sell arrows; instead it ranks and scores opportunities across multiple pairs so the trader chooses which setups to engage. The interface is intentionally compact, showing momentum ranks, move quality flags, entry sweet spots, session count, and exposure at a glance. Victor Paul Hamilton designed the logic to favor quality over quantity, and that design choice appears in both backtests and live sessions. At the algorithmic level Cockpit computes momentum and volatility metrics in real time, applies quality filters to eliminate low-probability moves, and surfaces only the top-ranked pairs. The engine uses configurable timeframes and thresholds so traders can bias toward lower timeframe scalps or slightly longer intraday swings. It handles trending and range-bound conditions differently by adjusting ranking weightings and ignores pairs with weak move quality. In practical terms Cockpit reduces cognitive load, helping traders focus on the best setups rather than chasing every tick. Risk management is explicit in the dashboard through exposure tracking and session fatigue indicators. Expected performance characteristics include short-duration trades, moderate win rates with small per-trade targets, and the need for active trade management. The review includes concrete trade logs and sample equity curves to support conclusions, and notes that results vary by broker execution, spread, and slippage on MT5.