Structure Range Dashboard Stats
Info
The Structure Range Dashboard Stats is a Indicator for MetaTrader 5 that dashboard stats explainedbuy: displays the number of buy signals that reached the take profit (tp) compared to those that hit the 3-grid stop loss (sl), along with the buy winrate percentage. SELL: Displays the number of Sell signals that reached the Take Profit (TP) compared to those that hit the 3-Grid Stop Loss (SL), along with the Sell Winrate percentage.
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 Structure Range Dashboard Stats
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
Dashboard Stats ExplainedBUY: Displays the number of Buy signals that reached the Take Profit (TP) compared to those that hit the 3-Grid Stop Loss (SL), along with the Buy Winrate percentage.
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: Smart Money Concepts: Break of Structure and Change of Character Analysis - another powerful indicator for MetaTrader 5 traders.
Dashboard Stats ExplainedAlso recommended: ADX Auto Range: Automated Trend Strength and Consolidation Detection - similar indicator with strong performance on MetaTrader 5.
BUY
: Displays the number of Buy signals that reached the Take Profit (TP) compared to those that hit the 3-Grid Stop Loss (SL), along with the Buy Winrate percentage.
SELL
: Displays the number of Sell signals that reached the Take Profit (TP) compared to those that hit the 3-Grid Stop Loss (SL), along with the Sell Winrate percentage.
OVERALL WINRATE
: The combined success percentage of all Buy and Sell signals throughout your chart history.
InpRiskReward
: Adjust the target Risk:Reward ratio in the indicator settings. For example, set to 1.0 for a 1:1 Risk:Reward ratio, 1.5 for 1:1.5, or 2.0 for 1:2.
You may also like: Session Range Breakout: Asia, London, and New York High/Low Levels - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_chart_window
#property indicator_buffers 0
#property indicator_plots 0
input group "--- Swing Calculation ---"
input int InpLeftRightBars =50;
input int InpMaxBars = 1500;
input group "--- Horizontal Mitigation Lines ---".......
⚠ 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.