FX Five Indicator Average Dashboard for MT4: Fast multi-pair overbought/oversold alerts

In this 2026 review we present a performance analysis of the FX Five Indicator Average Dashboard for MT4, assessing live and backtested behavior across major currency pairs. The review measures how the tool converts five established momentum indicators into a single averaged score (0–100) and whether that aggregated signal correlates with short-term reversals and trending continuations. FX Five Indicator Average Dashboard for MT4 is priced at $30 and was developed by Vener Garayev for the MT4 platform as a monitoring dashboard rather than an automated trade executor. What makes FX Five Indicator Average Dashboard for MT4 unique is its aggregation approach: by averaging RSI, Stochastic, CCI, MACD histogram momentum readings and a custom momentum oscillator, the dashboard reduces single-indicator whipsaw and highlights multi-timeframe agreement. The algorithm computes each indicator on selected timeframes, normalizes results to a 0–100 scale, then averages into one readable value. The dashboard includes color-coded zones for oversold and overbought, and a BUY/SELL column that triggers when three or more consecutive timeframes align. The indicator handles range-bound mean reversion and early trend-detection scenarios best, particularly on M15–H4 timeframes. Risk management is left to the trader, but expected performance characteristics from available sample accounts show moderate win rates in the 55–65% range with average drawdowns between 5–12% depending on sizing and leverage. Users should combine dashboard signals with price action and volume context to improve signal quality and reduce false entries.