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Building a Multi-Symbol, Multi-Timeframe RSI Dashboard in MQL5

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Summary

This article explains how to build an MQL5 dashboard that displays Relative Strength Index readings for multiple Market Watch symbols and timeframes. It outlines a layout with a main control, timeframe buttons, symbol buttons, and a footer, then describes reusable functions for creating and updating chart buttons. RSI values are calculated from closing prices and refreshed with market data so traders can compare conditions across instruments from one view.

The display uses thresholds below 30 and above 70 to color readings as oversold or overbought, with intermediate values shown as neutral. The article focuses on interface construction and implementation in MetaTrader 5; it does not present a trading rule evaluation, backtest, or evidence that the dashboard improves decisions. RSI thresholds are descriptive signals, so the display alone does not establish a trade entry or guarantee a reversal.

Key ideas

  • A dashboard can consolidate RSI readings across symbols and timeframes in one chart interface.
  • Reusable button functions simplify creation and updating of the dashboard controls.
  • The example colors RSI readings below 30 as oversold and above 70 as overbought.
  • The article describes an analysis aid rather than tested trading performance.

Tags

ForexTechnical indicators

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.