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WM4X tools (dashboards and other useful programs)

  • #161
  • Edited 7:50am Oct 7, 2025 7:14am | Edited 7:50am
Quoting Isabella_D
{quote} Thanks for your tireless work. I was just about to try the switcher, but I can't get rid of the chart changer (the file is deleted, but it stubbornly continues to appear on the chart). Do you have an eraser for that? Otherwise, I'll delete the *.tpl file.
Even if you delete the indicator file, the template will still place objects (visual elements) on the chart.
If an object is present on the chart when you save your template, the template will place it there even if the program no longer exists (i.e., has been deleted).
The solution is to either create a new template or modify the original one as follows:

Load your template and then:
1. Press F3 in the MT4 terminal and delete the lines containing the expression '_WM4X_ChartChanger_'.
2. Open the 'Object list' on the chart, click on 'List all' and delete those that contain the term 'WM4X_ChartChanger_'
3. Load the Switcher and save your template
  • #162
  • Oct 7, 2025 7:57am Oct 7, 2025 7:57am
Quoting WM4X
{quote} Even if you delete the indicator file, the template will still place objects (visual elements) on the chart. If an object is present on the chart when you save your template, the template will place it there even if the program no longer exists (i.e., has been deleted). The solution is to either create a new template or modify the original one as follows: Load your template and then: 1. Press F3 in the MT4 terminal and delete the lines containing the expression '_WM4X_ChartChanger_'. 2. Open the 'Object list' on the chart, click on 'List...

works fine now - as you described
  • #163
  • Oct 7, 2025 11:00am Oct 7, 2025 11:00am
Quoting Isabella_D
{quote} works fine now - as you described
You are welcome!
  • #164
  • Edited 11:31am Oct 8, 2025 6:01am | Edited 11:31am
.
  • #165
  • Oct 8, 2025 11:31pm Oct 8, 2025 11:31pm
Just to let you know, your dashboards will affect the Examples/SimplePanel included with the MT4 platform
  • #166
  • Edited 4:54am Oct 9, 2025 4:30am | Edited 4:54am
Quoting kimku
Just to let you know, your dashboards will affect the Examples/SimplePanel included with the MT4 platform
SimplePanel is not a ready-to-use program. It is just a template, really.
In this specific case, you need to handle CHART_EVENT_MOUSE_MOVE in it so that it does not depend on how other programs have set it up on the chart.
Anyway, I have never used SimplePanel, it may be buggy, as is often the case with MetaQuotes products - I really don't know. I will not review and test its code because I am not interested in it at all.
  • #167
  • Oct 12, 2025 3:10pm Oct 12, 2025 3:10pm
There is already a Fractals dashboard, but this one is different (it's called Fractals-SR).
It is based not only on the last fractals, but on all of them (based on the set number of bars) that have a valid support/resistance line at the current candle.
Of course, the fractal intervals can be set separately on both sides.
Attached Image (click to enlarge)
Click to Enlarge Name: WM4X-Fractals-SR-DB.png Size: 67 KB
  • #168
  • Edited 2:16am Oct 15, 2025 2:02am | Edited 2:16am
Quoting WM4X
WM4X-Stochastic-Dashboard Multi-currency and multi-timeframe Stochastic dashboard indicator for MT4 WM4X-Dashboard series {image} Signal types: 1./ Stochastic main-line vs. signal-line (fast only): shows the direction of the main- and signal-line crossing (i.e., whether the main-line is higher or lower than the signal-line). 2./ Stochastic main-line is above upper-level/below lower-level (fast only): shows that the fast Stochastic is higher than the upper-level or lower than the lower-level (if you expect the price to reverse at extreme levels (overbought/oversold),...
Hey wm4x,

First off, huge thanks for all the amazing tools you’ve shared with us for free! Honestly, they’re incredible — I’ve never come across anything this complete and powerful before. The fact that you’ve made them available for free is just unbelievable and super generous of you.

I just have a small request about the stochastic dashboard. It’s related to the two stochastic signals and how they’re calculated.

It’d be awesome if we could, for example, get alerts for 15-minute oversold conditions only when the 4-hour stochastic is above its signal line. Or even better, have the option to choose whether we want to use the 1-hour or 4-hour stochastic for that condition.

That setup would make using the two stochastics together absolutely perfect. I’d really appreciate it if you could consider adding this feature — it’d mean a lot!

Thanks again for all your hard work and generosity.
Much respect
  • #169
  • Edited 8:08am Oct 15, 2025 7:47am | Edited 8:08am
Quoting Hadi-skripka
{quote} Hey wm4x, First off, huge thanks for all the amazing tools you’ve shared with us for free! Honestly, they’re incredible — I’ve never come across anything this complete and powerful before. The fact that you’ve made them available for free is just unbelievable and super generous of you. I just have a small request about the stochastic dashboard. It’s related to the two stochastic signals and how they’re calculated. It’d be awesome if we could, for example, get alerts for 15-minute oversold conditions only when the 4-hour stochastic is above...
Thank you for your kind words.
What you are asking for is basically to be able to set different signal methods for each time-frame.
Although this would be feasible, it would make the Inputs quite chaotic, as I can see at the moment.
But the bigger problem is that I would have to completely rework the dashboards, which I neither have the desire nor the time to do right now.

What you can do:
You can open two copies of the indicator with your desired settings and watch for signals. This is obviously not too convenient.
Like this (GBPAUD signal - M15 is in reverse mode >> overbought gives a bearish signal):
Attached Image (click to enlarge)
Click to Enlarge Name: stoch.png Size: 17 KB


Another option is to ask a programmer (I can't do it right now) to write a program that can extract signals from the GVs. Read more about this in this post.
  • #170
  • Oct 22, 2025 9:14am Oct 22, 2025 9:14am
Quoting WM4X
WM4X-CandleDirection-Dashboard Multi-currency and multi-timeframe candle-direction dashboard indicator for MT4 WM4X-Dashboard series {image} This indicator generates extremely simple signals, which can nevertheless be very useful. Bullish candles give a buy signal, while bearish candles give a sell signal. The signals can be influenced by two parameters: 1. ATR-percentage: a threshold value can be set below which no signal is generated. This means that only candles that have reached a certain size will generate a signal. This can be useful for filtering...
Hi brother,
As you know, both the candle direction and the Williams Fractal indicator can easily repaint and change direction. The best way to use them is to wait until their signals are fully confirmed.
Because of this, tools like Candle Direction and Fractal aren’t very reliable for generating immediate signals — a signal can appear and then repaint just a minute later.
If you’re familiar with the SNR style, you already know that candle closes are very important since they determine the color and direction of the next candle.
Unfortunately, I couldn’t find an option in your tool’s settings to switch between the current candle and the last closed candle.
If you could add that feature, I’d really appreciate it.
Thanks a lot for your hard work!
  • #171
  • Oct 22, 2025 1:43pm Oct 22, 2025 1:43pm
Quoting Hadi-skripka
{quote} Hi brother, As you know, both the candle direction and the Williams Fractal indicator can easily repaint and change direction. The best way to use them is to wait until their signals are fully confirmed. Because of this, tools like Candle Direction and Fractal aren’t very reliable for generating immediate signals — a signal can appear and then repaint just a minute later. If you’re familiar with the SNR style, you already know that candle closes are very important since they determine the color and direction of the next candle. Unfortunately,...
My answer is here.
  • #172
  • Oct 22, 2025 11:25pm Oct 22, 2025 11:25pm
Quoting WM4X
{quote} My answer is here.
Alright, but right now it’s useless and can’t really be used for anything.
You might be very good at programming, but from what I can see, you don’t have much knowledge about how to use the tool you built yourself, and you also don’t accept the opinions of experienced traders who have used such tools for years — which prevents you from making meaningful and useful improvements.
You put a lot of effort into creating a tool called the Candle Direction Dashboard, but it doesn’t really have any practical use or clear meaning.
I don’t think it would be too hard to make it consider the last closed candle in each timeframe.
  • #173
  • Edited 11:29am Oct 23, 2025 11:06am | Edited 11:29am
Quoting Hadi-skripka
{quote} Alright, but right now it’s useless and can’t really be used for anything. You might be very good at programming, but from what I can see, you don’t have much knowledge about how to use the tool you built yourself, and you also don’t accept the opinions of experienced traders who have used such tools for years — which prevents you from making meaningful and useful improvements. You put a lot of effort into creating a tool called the Candle Direction Dashboard, but it doesn’t really have any practical use or clear meaning. I don’t think it...
This is a multi-timeframe dashboard. It is important. The point is that there should be some logical connection between the data of the individual timeframes.
The logical connection is precisely that they show the current situation, since they all have the same closing price/closing time, i.e., they are all valid at this moment. This would cease to be the case if what you are asking for were to happen.
What you're talking about is completely meaningless.

If I did what you're asking:
Let's say there's an upward arrow on H1 and a downward arrow on D1. The current time is, say, 5:47 p.m. The H1 arrow appeared at around 5 p.m., and the D1 arrow appeared at midnight yesterday. What do the two have to do with each other?!
What conclusion can you draw at 5:47 p.m. from the fact that yesterday's direction was down and the candle that closed 47 minutes ago was pointing up?!
If the closing prices are formed at different times, the MTF dashboard loses its meaning. The individual data points are unrelated to each other.
Do you understand now?

But look, if you can prove to me (statistically) that what you want makes sense, then I'll change my mind. But until then, no way.
  • #174
  • Oct 24, 2025 4:55am Oct 24, 2025 4:55am
At first had thought most of the tools will be useful to me but they weren't aside the W4Max switcher in as much as i'm more of a Price Action trader. You inspired me a lot. I was longing for an RSI Multi time-frame currency dashboard indicator but based on your rejection & explanation I decided to have a rethink. Was wondering if you could design an RSI dashboard for currency pairs why would you not consider that for currency indexes? Over time with my experience the currency RSI strength has been very effective & most often times a leading indicator based on currency strength/crosses. I learnt a lot from you too especially on the Price Bid Ratio. Now i'm close to having a complete Currency strength dual dashboard showing both RSI + PBR calculation modes for strength + refined/real-time Momentum & for easy comparison, scanning & filter at one glance (still applying finishing touches). Refresh rate is very good (have the option to select from 1sec-5minutes since i'm not a High Frequency Trader also preserving my CPU). Had to figure out what best fits my trading style if i must have a dashboard especially when it comes to trading currencies.

I appreciate & admire all your effort, creativity and generosity.

Thanks once again.
Attached Image(s) (click to enlarge)
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #175
  • Oct 24, 2025 5:09am Oct 24, 2025 5:09am
Quoting GhosTraderGT
At first had thought most of the tools will be useful to me but they weren't aside the W4Max switcher in as much as i'm more of a Price Action trader. You inspired me a lot. I was longing for an RSI Multi time-frame currency dashboard indicator but based on your rejection & explanation I decided to have a rethink. Was wondering if you could design an RSI dashboard for currency pairs why would you not consider that for currency indexes? Over time with my experience the currency RSI strength has been very effective & most often times a leading indicator...
Happy trading to you!
  • #176
  • Oct 24, 2025 3:46pm Oct 24, 2025 3:46pm
HI WM4M

thanks for the nice tool. Can you add X/Y coordinates for the start setting?
IMO left upper with 10/ 10 is not the best option, when you have other objects in the near

as simple example

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB



Quoting WM4X
WM4X-Stochastic-Dashboard Multi-currency and multi-timeframe Stochastic dashboard indicator for MT4 WM4X-Dashboard series {image} Signal types: 1./ Stochastic main-line vs. signal-line (fast only): shows the direction of the main- and signal-line crossing (i.e., whether the main-line is higher or lower than the signal-line). 2./ Stochastic main-line is above upper-level/below lower-level (fast only): shows that the fast Stochastic is higher than the upper-level or lower than the lower-level (if you expect the price to reverse at extreme levels (overbought/oversold),...
  • #177
  • Oct 24, 2025 4:48pm Oct 24, 2025 4:48pm
Quoting Badguy
HI WM4M thanks for the nice tool. Can you add X/Y coordinates for the start setting? IMO left upper with 10/ 10 is not the best option, when you have other objects in the near as simple example {image} {quote}
Not planned.
First load the indicator, and only then put up the MQ's panel. Simple.
In fact, it's even better to use the WM4X-TradePanel instead of the MQ's panel, like this:
Attached Image (click to enlarge)
Click to Enlarge Name: WM4X-TradePanel.png Size: 6 KB
  • #178
  • Nov 12, 2025 4:41am Nov 12, 2025 4:41am
Quoting WM4X
WM4X-Dashboard series for MT4 - General description Dashboards are multi-currency and multi-timeframe indicators. This description refers to my dashboards in general terms; deviations from this are possible in individual programs. {image} Foreword: When loading, the indicator first updates the data (displays check marks in the fields) and only then gives the signals to avoid outdated data giving false signals. This only happens during the initial loading, or when changes have been made to the instruments and/or time frames. Although WM4X-programs...
Thank you for this great tools sir. please is it possible to replicate this indicators from MT4 to MT5 version?
  • #179
  • Nov 12, 2025 10:34am Nov 12, 2025 10:34am
Quoting tonyjustcom
{quote} Thank you for this great tools sir. please is it possible to replicate this indicators from MT4 to MT5 version?
Since I use MT4 myself, I wrote the programs for this platform. Porting them to MT5 would require a relatively large amount of work, which I unfortunately don't have time for at the moment.
  • #180
  • Nov 12, 2025 1:26pm Nov 12, 2025 1:26pm
Quoting WM4X
{quote} Since I use MT4 myself, I wrote the programs for this platform. Porting them to MT5 would require a relatively large amount of work, which I unfortunately don't have time for at the moment.
ok sir. at your convenience. thanks for the swift response sir
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