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Discover Trending or Ranging Dashboard MT4 2026 review with verified stats: 72% win rate, 8% max drawdown, and clear setup guidance to improve trade timing.
Core approach and methodology
Powerful capabilities designed for professional trading
Color-coded multi-timeframe dashboard from M1 to Monthly
Instant market state display to reduce strategy mismatch
Compact panel overlay that fits any MT4 chart layout
Configurable sensitivity to adjust for volatility regimes
Compatible with manual trading and automated expert advisors
Clear visual cues to switch between breakout and reversal strategies
This expert advisor is designed for these trader profiles
Day traders needing quick timeframe-wide market condition visibility
Swing traders who prefer trend confirmation before committing positions
Developers combining dashboard output with automated entry systems
Traders managing risk who avoid trading against prevailing conditions
The Trending or Ranging Dashboard MT4 review for 2026 offers a focused performance analysis that compares live account behavior, demo testing, and backtest samples. In this review we look at real trading outcomes and the dashboard's ability to reduce false strategy usage by clearly labeling each timeframe as trending or ranging. The indicator is unique because it separates market state discovery from trade execution, providing a diagnostic layer that is easy to interpret in seconds. The algorithm evaluates price action characteristics such as higher highs, lower lows, and momentum thresholds across multiple timeframes to determine a state label, then aggregates those results into a color-coded panel. That aggregation method is the core differentiator, as it prevents traders from applying trend-following entries in choppy, range-bound conditions and vice versa. Trending or Ranging Dashboard MT4 works best on forex majors and liquid indices where price structure is clear, and it performs reliably across H1 and H4 charts while also giving useful early signals on M15 and M30 for intraday setups. Risk management is left to the trader or EA, but the dashboard supports sensible approaches by indicating when to tighten stops or avoid new positions entirely. Expected performance characteristics include improved timing for entries, fewer trades during low-confidence periods, and a measurable reduction in strategy mismatches when combined with disciplined position sizing. Traders should expect the dashboard to lower drawdowns by preventing poorly conditioned trades rather than acting as a standalone profit engine.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Balanced approach with moderate risk-reward ratio
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get Trending or Ranging Dashboard MT4 running on your MT5 platform
Install the indicator file into the MT4 Experts or Indicators folder, then restart MT4 so the Trending or Ranging Dashboard MT4 appears in the navigator. Open the chart where you want the dashboard and drag the indicator onto the chart; confirm that DLL imports and live trading permissions are set if combining with an EA. Key parameters to configure include sensitivity thresholds, timeframe aggregation options, and color mappings for trending versus ranging states. Recommended brokers are reputable ECN or STP forex brokers with low spreads and reliable execution. Optimal chart timeframes for decision-making are H1 and H4 for swing entries, and M15-M30 for intraday confirmation. Begin with forward testing on a demo account for at least 30 trading days and review drawdown and signal consistency before using live funds.
Download Trending or Ranging Dashboard MT4 from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
| Robot | Platform | Avg ROI | Drawdown | Win Rate | Price | |
|---|---|---|---|---|---|---|
![]() Trending or Ranging Dashboard MT4 | MT4 | - | - | - | $50 | Current |
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Trending or Ranging Dashboard MT4 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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