Phoenix Magic Number Dashboard: Real-time MT5 multi-EA monitoring for clear performance

The Phoenix Magic Number Dashboard review for 2026 focuses on usability, Performance reporting accuracy, and operational Analysis for multi-EA MT5 deployments. This tool is unique because it maps trade data to magic numbers and presents both live and closed P&L per strategy, enabling rapid identification of underperforming or stalled EAs without opening multiple charts. PHOENIX GLOBAL INVESTMENTS LTD designed the dashboard specifically for traders who run concurrent expert advisors and need consolidated oversight across accounts. Technically, the dashboard queries the MT5 terminal for positions and history, groups results by magic number, and displays consolidated exposure, realized and unrealized P&L, and trade counts. It supports configurable polling intervals, alert thresholds, and per-magic number labels. Because it is a monitoring utility rather than an execution algorithm, it is compatible with a wide range of underlying strategies including scalpers, swing EAs, and grid systems. Performance of the dashboard itself is measured in latency and resource usage; in typical setups it adds negligible CPU load while providing second-level visibility. Risk management features center on timely notification and clearer allocation decisions. The Phoenix Magic Number Dashboard reduces the time to detect silent failures and large drawdowns, making it easier to pause or reallocate capital. Practical users report faster response times and better cross-strategy correlation analysis. While the dashboard does not alter trade logic, it materially improves operational transparency and supports more disciplined portfolio management on MT5.