Quantora Market Status Dashboard MT5 - Professional Real-Time Market Analysis Pan
Info
The Quantora Market Status Dashboard MT5 - Professional Real-Time Market Analysis Pan is a Indicator for MetaTrader 5 that quantora market status dashboard mt5 is a professional real-time market monitoring utility designed to provide traders with a clear overview of current trading conditions directly on the metatrader 5 chart. The dashboard combines spread analysis, ATR-based volatility, tick volume activity, daily range, Average Daily Range (ADR), trading sessions and overall market conditions into one easy-to-read interface.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Quantora Market Status Dashboard MT5 - Professional Real-Time Market Analysis Pan
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
Quantora Market Status Dashboard MT5 is a professional real-time market monitoring utility designed to provide traders with a clear overview of current trading conditions directly on the MetaTrader 5 chart.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Quantora Session Clock MT5 - Professional Forex Trading Session Monitor - another powerful indicator for MetaTrader 5 traders.
Also recommended: Quantora ADR Calculator MT5 - Professional Average Daily Range Indicator - similar indicator with strong performance on MetaTrader 5.
Quantora Market Status Dashboard MT5
is a professional real-time market monitoring utility designed to provide traders with a clear overview of current trading conditions directly on the MetaTrader 5 chart.
The dashboard combines spread analysis, ATR-based volatility, tick volume activity, daily range, Average Daily Range (ADR), trading sessions and overall market conditions into one easy-to-read interface.
Instead of monitoring several indicators separately, traders can use a single dashboard to quickly evaluate whether current market conditions are active, moderate, volatile or closed.
Main Features
Real-time Market Open / Closed detection
Live Spread monitoring
Spread classification: Low / Normal / High
ATR-based volatility analysis
Volatility classification: Low / Normal / High
Current Tick Volume
Volume Activity analysis
Daily Open
Daily High / Low
Current Daily Range
Average Daily Range (ADR)
ADR Usage percentage
Current price position inside the daily range
Sydney session monitoring
Tokyo session monitoring
London session monitoring
New York session monitoring
Multiple active session detection
Session overlap information
Active session counter
Trading Mode information
Server Time
Overall Market Condition
Professional Quantora dashboard
Automatic real-time updates
Low CPU usage
Works on all chart timeframes
Free and open-source MQ5 code
Market Condition Analysis
The dashboard automatically evaluates several important market variables and provides an easy-to-understand overall condition.
Possible market conditions include:
ACTIVE
— Strong trading activity with healthy volume and volatility.
MODERATE
— Normal market activity without extreme conditions.
VOLATILE
— High volatility combined with elevated trading conditions.
CLOSED
— Market trading activity is currently unavailable or no recent ticks are detected.
This allows traders to understand current market conditions without manually checking multiple indicators.
Spread Monitoring
The dashboard continuously monitors the current Bid/Ask spread and classifies it as:
LOW
NORMAL
HIGH
Spread thresholds can be adjusted from the indicator inputs to match different brokers and instruments.
ATR Volatility Analysis
The indicator uses
Average True Range (ATR)
to evaluate current volatility relative to recent market behavior.
The dashboard automatically classifies volatility as:
LOW
NORMAL
HIGH
This can help traders quickly identify unusually quiet or volatile market environments.
Volume Activity
Current tick volume is compared with recent average volume to estimate market activity.
Volume conditions are classified as:
LOW
NORMAL
HIGH
This provides an additional view of current trading participation.
Daily Range & ADR
Quantora Market Status Dashboard calculates:
Current Daily Range
Average Daily Range (ADR)
ADR Used %
Current Price Position %
ADR usage helps traders understand how much of the instrument's typical daily movement has already occurred.
Trading Sessions
The dashboard monitors the four major global trading sessions:
Sydney
Tokyo
London
New York
It also detects when multiple sessions are active simultaneously.
Session hours are configurable from the indicator settings and are evaluated using UTC time.
Supported Markets
The dashboard can be used with broker-supported MetaTrader 5 instruments including:
Forex • Gold • Metals • Indices • Commodities • Crypto
Because market specifications differ between brokers, spread and market-condition thresholds can be customized.
Installation
Place:
Quantora_Market_Status_Dashboard_MT5.mq5
inside:
MQL5 → Indicators
Compile the source code using MetaEditor.
Then attach
Quantora Market Status Dashboard MT5
to any MetaTrader 5 chart.
The dashboard will automatically begin monitoring the current symbol.
Important Note
Trading session times may vary depending on daylight-saving changes and individual market schedules.
Spread, volume, volatility and other market information may also differ between brokers.
This indicator is designed as a market information and analysis utility. It does not automatically open, close or manage trading positions.
Product Information
You may also like: Quantora Pip Value Calculator MT5 - Professional Pip and Point Value Calculator - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#property indicator_chart_window
#property indicator_plots 0
#property description "This code is educational. Feel free to use, modify and upgrade as you wish. Visit ROBOTFX.ORG for professional trading tools"
input group "========== MARKET SETTINGS =========="
input int InpATRPeriod = 14;
input int InpADRPeriod = 14;
.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.