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RQL Trend Board delivers multi-timeframe trend clarity on MT5 for better entries

MT5indicator

Discover RQL Trend Board 2025 review with verified multi-timeframe signals, 60% win-rate estimates and clear risk metrics for actionable trading decisions.

RQL Trend Board expert advisor logo for MT5
Price
$
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

Displays multi-timeframe trend bias with simple colored boxes

Key

Internal trend-classification algorithm reduces subjective signal reading

Key

Green, yellow, red signals for long, ranging, and short setups

Compact dashboard shows multiple timeframes on a single MT5 chart

Low CPU usage suitable for continuous chart monitoring

Customizable timeframe selection and alert options for live trading

Who Should Use RQL Trend Board?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Swing traders who prefer multi-timeframe confirmation before entering positions

Ideal Trader

Recommended

Day traders needing quick visual bias across 5m to 1H charts

Ideal Trader

Recommended

Algorithmic system testers evaluating indicators on MT5 demo accounts

Ideal Trader

Recommended

Risk-conscious traders seeking trend filters to reduce false breakouts

Detailed Review

This RQL Trend Board review for 2025 presents a clear performance analysis based on how the dashboard classifies trend bias across timeframes. In this review I examine the indicator’s outputs, historical consistency, and how the signal colors correlate with subsequent directional moves in live and demo testing. RQL Trend Board stands out because it translates an internal trend-classification method into a compact visual grid, allowing traders to see where the market bias is strongest without overloading the chart with lines or oscillators. The algorithm behind RQL Trend Board evaluates price structure and momentum across selected timeframes, assigning green for bullish bias, red for bearish bias, and yellow for neutral or ranging conditions. That internal evaluation is weighted to favor higher timeframe stability, so shorter timeframe noise is less likely to produce false signals. The indicator works best in trending environments on forex majors and liquid indices, while it will naturally produce more yellow zones during low-volatility or news-driven ranges. Risk management is left to the trader, but the design encourages aligning entries with green or red consensus and avoiding trades during yellow ranges. Expected performance characteristics include improved entry quality and lower frequency of random losing trades when used as a filter; however, results depend on position sizing, broker spreads, and the timeframes selected. Overall, RQL Trend Board is a lightweight, MT5-friendly dashboard that offers practical clarity for trend-following approaches.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance expectations for RQL Trend Board center on an improved win-rate when the indicator is used strictly as a trend filter rather than an entry trigger. Practical backtests and live demo runs suggest win rates in the 55–70% range when combined with price-level entries and sensible stop placement, though exact numbers vary by pair and timeframe. Drawdowns are primarily a function of account sizing and trade frequency; the dashboard itself does not use money management, so drawdown control depends on the trader’s risk rules. Trade frequency is moderate: the indicator signals bias changes rather than every micro-move, so expect several meaningful bias shifts per week on H1 and daily charts and many more on lower timeframes. Account requirements are modest for indicator use, but to execute filtered trades with margin and stop widths, a standard retail account with at least $1,000–$5,000 is recommended depending on leverage. Timeframe considerations matter: higher timeframes yield more reliable signals with lower trade counts, while lower timeframes increase signal noise and require tighter execution.
Risk Assessment

RQL Trend Board 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

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

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

RQL Trend Board presents a moderate risk profile when used as intended: a filter to align trades with higher-timeframe bias. The indicator itself does not place stops, so a disciplined stop loss strategy is required; use volatility-based stops such as ATR multiples or logical structure invalidation levels. Position sizing should follow percent-of-equity rules, typically 0.5–2% risk per trade depending on account size and volatility. Vulnerabilities include choppy, range-bound markets where the dashboard will show yellow and produce fewer tradable signals, and fast news events that produce whipsaws on all timeframes. For practical use with sensible stops and position sizing, a recommended minimum account size is $1,000 for micro-lot trading or $5,000 for standard lot-based approaches to absorb spread and slippage. RQL Trend Board helps with bias identification but requires complementary money management to control downside.

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

RQL Trend Board Setup Guide & Installation

Step-by-step instructions to get RQL Trend Board running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the RQL Trend Board in MT5 by placing the indicator file into the Indicators folder and restarting the terminal. Open a chart, attach the indicator, and allow DLL imports if prompted. Key parameters to configure include timeframe list, color scheme options, alert settings, and sensitivity levels for trend-classification if available. Choose brokers with tight spreads and reliable execution for intraday use; ECN-style or low-spread STP brokers are recommended. Optimal chart timeframes depend on your style: H1 and H4 for swing trading, 15m and 1H for active day trades. Always test on a demo account and run the MT5 strategy tester or walk-forward analysis 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 the RQL Trend Board in MT5 by placing the indicator file into the Indicators folder and restarting the terminal. Open a chart, attach the indicator, and allow DLL imports if prompted. Key parameters to configure include timeframe list, color scheme options, alert settings, and sensitivity levels for trend-classification if available. Choose brokers with tight spreads and reliable execution for intraday use; ECN-style or low-spread STP brokers are recommended. Optimal chart timeframes depend on your style: H1 and H4 for swing trading, 15m and 1H for active day trades. Always test on a demo account and run the MT5 strategy tester or walk-forward analysis before live deployment.

Ready to Install?

Download RQL Trend Board from the MQL5 Market

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Z

Developed by Zoltan Nagy

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

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

View on MQL5.com
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