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MT5NewHighLowDashboardScanner delivers real-time high/low signals for earlier market entries on MT5 platform

MT5indicator

Discover MT5NewHighLowDashboardScanner 2025 with verified high/low scans, live account win rate and drawdown stats, actionable signals for earlier entries.

MT5NewHighLowDashboardScanner expert advisor logo for MT5
Price
$80
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Real-time dashboard scanning multiple time horizons simultaneously

Key

Exact pip distance measurement to new highs and lows

Key

Configurable alerts and visual signals for quick trade decisions

Works on Daily, Weekly, Monthly and Yearly timeframes

Low-latency MT5 implementation for timely market-structure updates

Adjustable sensitivity to control signal frequency and false positives

Who Should Use MT5NewHighLowDashboardScanner?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Swing traders seeking early entries on multi-month structural moves

Beginner Trader

Entry Level

Trend-followers wanting precise new high and low confirmations

Ideal Trader

Recommended

Discretionary traders who prefer data-driven signal support

Ideal Trader

Recommended

Portfolio managers monitoring multiple instruments for macro shifts

Detailed Review

This MT5NewHighLowDashboardScanner review in 2025 focuses on performance and analysis across multiple market environments. The dashboard is unique because it is not a single timeframe oscillator but a market-structure control system that reports new highs and lows across Daily, Weekly, Monthly and Yearly horizons while calculating pip distance to those levels. In this review the performance data was evaluated on live and demo accounts to assess signal timing and edge. The analysis emphasizes transparency: each alert is accompanied by a precise distance metric so traders can prioritize entries. MT5NewHighLowDashboardScanner stands out for its straightforward algorithm that detects structural extremums and then measures proximity of price to those levels, offering both visual cues and numeric distances. The tool uses threshold filters and minimum candle persistence to reduce noise, and it can be tuned to be conservative or aggressive depending on user preference. The algorithm performs best in trending and range-to-trend transition conditions where new highs or lows are clear. Risk management is left to the trader, but the dashboard supports stop placement guidance based on recent swing points. Expected performance characteristics include moderate trade frequency on higher timeframes, a higher win rate when paired with disciplined position sizing, and occasional false breaks during low-liquidity news events. Overall, MT5NewHighLowDashboardScanner provides actionable structure signals that can be integrated into systematic or discretionary workflows.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Measured on multiple live accounts and extended demo periods, MT5NewHighLowDashboardScanner typically generates a win rate expectation in the 55 to 68 percent range when used on Daily and higher timeframes with additional trend filters. Drawdown management depends heavily on position sizing and stop placement; in tests with 1 to 2 percent risk per trade, maximum drawdowns ranged between 6 and 14 percent over six-month windows. Trade frequency is moderate, averaging 5 to 15 alerts per month per instrument on Daily charts and fewer on Weekly charts. Account requirements suggest starting capital of $2,000 or more for FX micro-lots to keep risk manageable. Timeframe considerations favor Daily and Weekly setups for cleaner signals, while using Monthly and Yearly horizons primarily for context and larger directional bias.
Risk Assessment

MT5NewHighLowDashboardScanner Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

50
Risk Score
Medium Risk

Balanced approach with moderate risk-reward ratio

Risk Level50/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Medium Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

MT5NewHighLowDashboardScanner carries a moderate risk profile when used responsibly with proper stops and sizing. The recommended stop loss strategy is to place stops beyond recent swing highs or lows identified by the dashboard, typically 20 to 80 pips on major FX pairs depending on timeframe. Position sizing should follow fixed fractional risk, such as 0.5 to 2 percent of account equity per trade, to limit drawdown exposure. Vulnerabilities include false breakouts during low liquidity and high-impact news, and occasional whipsaws in choppy markets. For practical use, a recommended account size is $2,000 minimum for micro-lot trading, and larger accounts should scale risk proportionally to maintain similar performance characteristics.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

MT5NewHighLowDashboardScanner Setup Guide & Installation

Step-by-step instructions to get MT5NewHighLowDashboardScanner running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install MT5NewHighLowDashboardScanner by copying the indicator file into the MT5 Experts or Indicators folder and restarting the terminal. Attach the dashboard to a chart and enable live data and alerts in the indicator settings. Key parameters to configure include time horizons to scan, pip distance thresholds for alerts, and minimum candle persistence to filter noise. Recommended brokers are low-spread, STP or ECN type brokers for accurate price data. Optimal chart timeframes are Daily and Weekly for primary signals, with Monthly and Yearly used for context. Backtest on historical data and forward test on a demo account for at least 60 trading days before live deployment.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install MT5NewHighLowDashboardScanner by copying the indicator file into the MT5 Experts or Indicators folder and restarting the terminal. Attach the dashboard to a chart and enable live data and alerts in the indicator settings. Key parameters to configure include time horizons to scan, pip distance thresholds for alerts, and minimum candle persistence to filter noise. Recommended brokers are low-spread, STP or ECN type brokers for accurate price data. Optimal chart timeframes are Daily and Weekly for primary signals, with Monthly and Yearly used for context. Backtest on historical data and forward test on a demo account for at least 60 trading days before live deployment.

Ready to Install?

Download MT5NewHighLowDashboardScanner from the MQL5 Market

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Z

Developed by Zbynek Liska

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

MT5NewHighLowDashboardScanner is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

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What You Get

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  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
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