More Information & Purchase Links

The Strat Candle Classification System:

• 1 Bar (Inside Bar): Current candle’s high is lower than previous high AND low is higher than previous low – indicates consolidation
• 2 Bar (Directional Bar): Candle moves in one direction without taking out both previous levels
  • 2U (Up): Higher high and higher low
  • 2D (Down): Lower high and lower low
• 3 Bar (Outside Bar): Current candle’s high is higher than previous high AND low is lower than previous low – indicates expansion and potential reversal

🚀 Key Features & Benefits

✅ Multi-Symbol Monitoring Dashboard

Stop flipping between charts! Monitor 10, 20, or even 50+ currency pairs simultaneously in one organized dashboard. See exactly which symbols are setting up in real-time without missing opportunities.

• Market Watch Integration: Automatically scans all symbols in your Market Watch window
• Custom Symbol Lists: Create your own watchlists by entering specific symbols
• Current Symbol Highlighting: Instantly identify which symbol you’re currently viewing

✅ Multi-Timeframe Analysis

See the complete picture across 4 timeframes at once. Identify where your trading timeframe aligns with higher timeframes for the highest probability setups.

• Configurable timeframes (M1, M5, M15, M30, H1, H4, D1, W1, MN1)
• Display 2-bar combinations for each timeframe
• Color-coded candle types for instant recognition
• Default setup: M5, M15, M30, H1 (customizable to your strategy)

✅ Intelligent Pattern Detection & Filtering

Focus on what matters. Advanced filtering system lets you scan for specific high-probability Strat patterns:

• 3-1 Pattern: Outside bar followed by inside bar (potential breakout setup)
• 2-1 Pattern: Directional bar into inside bar (continuation or reversal setup)
• 2U-2U Pattern: Two consecutive up bars (bullish continuation)
• 2D-2D Pattern: Two consecutive down bars (bearish continuation)
• 2U-2D Pattern: Up bar followed by down bar (potential reversal)
• 2D-2U Pattern: Down bar followed by up bar (potential reversal)

Interactive checkboxes let you toggle patterns on/off instantly – only see the setups you trade!

✅ Full Timeframe Continuity (FTFC) Detection

Trade with the trend across all timeframes. The dashboard automatically identifies when your higher timeframes (Daily, Weekly, Monthly) are all aligned bullish or bearish.

• Instant visual confirmation of directional alignment
• Filter to show ONLY symbols with FTFC
• Increases probability of successful trades
• Shows current candle color (BULL/BEAR/DOJI) for each monitored timeframe

✅ Key Level Awareness

Know where price is in relation to critical levels. The dashboard displays current price position relative to:

• Yesterday’s High/Low: Daily pivot levels
• Last Week’s High/Low: Weekly structure
• Last Month’s High/Low: Monthly context

Three status indicators:

• AbvH: Price is above the previous period’s high (bullish)
• BlwL: Price is below the previous period’s low (bearish)
• Rng: Price is within the previous period’s range (neutral)

✅ Real-Time Alert System

Never miss a setup again. Configurable alerts notify you the instant a pattern forms:

• Pop-up alerts on your screen
• Journal log entries for record-keeping
• Alerts fire once per bar to avoid spam
• Only alerts on patterns you’ve filtered for
• 24/7 monitoring while the indicator is active

✅ On-Chart Candle Labels

Learn as you trade. Optional candle classification labels appear directly on your current chart:

• See the Strat numbers above recent candles
• Color-coded to match the dashboard
• Configurable lookback period
• Helps you internalize the classification system
• Perfect for new Strat traders

✅ Interactive Dashboard

One-click access to any setup. The dashboard isn’t just for viewing – it’s interactive:

• Click any symbol to instantly switch to that chart
• Click any timeframe cell to switch to that symbol AND timeframe
• Toggle button to show/hide dashboard
• Alert indicators show which patterns are active
• Persistent filter settings across sessions

✅ Professional Design & Customization

Make it yours. Fully customizable appearance to match your trading style:

• Adjustable position (X/Y coordinates)
• Configurable colors for text, background, highlights
• Customizable column widths and row heights
• Font size controls
• Optional row lines for easier reading
• Current symbol highlighting

📊 How to Use The Strat Dashboard for Trading

Step 1: Setup Your Scanner

1. Choose Your Symbols: Enable “Use Market Watch” to scan all symbols you follow, or enter specific pairs in “Symbols List”
2. Select Timeframes: Configure your 4 analysis timeframes (e.g., M5, M15, M30, H1 for day trading)
3. Set Candle Direction Timeframes: Choose higher timeframes for FTFC analysis (typically D1, W1, MN1)

Step 2: Filter for Your Setups

Use the interactive checkboxes to filter for patterns you trade:

For Reversal Traders:

• Enable 3-1 patterns (outside bar into inside bar – classic reversal setup)
• Enable 2U-2D and 2D-2U (directional change patterns)

For Continuation Traders:

• Enable 2U-2U (bullish continuation)
• Enable 2D-2D (bearish continuation)
• Enable FTFC filter for trend-aligned trades

For Breakout Traders:

• Enable 3-1 patterns (potential breakout from inside bar)
• Enable 2-1 patterns (directional bar into consolidation)

Step 3: Scan for Opportunities

The dashboard now shows ONLY symbols meeting your criteria:

1. Look for Alert Indicators: Blue dots appear next to patterns matching your filters
2. Check FTFC Status: “YES” indicates all higher timeframes aligned
3. Review Key Levels: See if price is above high (AbvH), below low (BlwL), or in range (Rng)
4. Assess Timeframe Alignment: Look across columns to see if patterns align across timeframes

Step 4: Execute Your Trade

1. Click the Symbol or Pattern: Instantly opens that chart
2. Confirm the Setup: Use additional Strat principles (combo patterns, key levels, FTFC)
3. Plan Your Trade: Inside bars (1’s) provide clear stop loss levels
4. Manage Position: Use higher timeframe patterns as targets

Example Trading Scenarios:

Scenario 1: Bullish Reversal Setup

• Filter: 3-1 pattern enabled
• Dashboard shows: EURUSD with 3-1 on H1 timeframe
• FTFC: All higher timeframes are BULL
• Key Level: Price is BlwL (below yesterday’s low – near support)
• Trade: Look for long entry on break above the inside bar (1) high, stop below the inside bar low

Scenario 2: Bearish Continuation

• Filter: 2D-2D pattern enabled, FTFC enabled
• Dashboard shows: GBPUSD with 2D-2D on M30
• FTFC: YES (all timeframes bearish)
• Key Level: Price is AbvH on yesterday’s range (broken down and retesting)
• Trade: Short on rejection at resistance, targeting lower key levels

Scenario 3: Breakout Setup

• Filter: 2-1 pattern enabled
• Dashboard shows: USDJPY with 2U-1 on M15
• Following timeframe (M30) shows 2U-2U confirmation
• FTFC: YES (bullish alignment)
• Trade: Long on break above inside bar, riding the continuation

⚙️ Complete Input Parameters Guide

Symbol Selection

Symbols List (Default: “EURUSD,GBPUSD,USDJPY,AUDUSD,USDCAD,NZDUSD”)

• Comma-separated list of symbols to monitor when not using Market Watch
• Example: “EURUSD,GBPUSD,XAUUSD,US30,BTC”
• Spaces are automatically removed

Use Market Watch (Default: true)

• When enabled: Automatically scans all symbols visible in your Market Watch window
• When disabled: Uses the manual Symbols List above
• Recommendation: Enable for comprehensive scanning

Trading Timeframes

Timeframe 1 (Default: M5)

• First analysis timeframe column in dashboard
• Typically your entry/execution timeframe

Timeframe 2 (Default: M15)

• Second analysis timeframe
• Often used for confirmation of lower timeframe

Timeframe 3 (Default: M30)

• Third analysis timeframe
• Higher timeframe context

Timeframe 4 (Default: H1)

• Fourth analysis timeframe
• Highest analysis timeframe for intraday setups
• Options: M1, M5, M15, M30, H1, H4, D1, W1, MN1

Candle Direction Timeframes

Candle TF 1 (Default: D1)

• First timeframe for FTFC analysis
• Shows current candle direction (BULL/BEAR/DOJI)

Candle TF 2 (Default: W1)

• Second timeframe for FTFC analysis
• Weekly trend direction

Candle TF 3 (Default: MN1)

• Third timeframe for FTFC analysis
• Monthly trend direction
• These three must ALL be same direction for FTFC “YES”

Display Settings

Dashboard X (Default: 30)

• Horizontal pixel position from left edge of chart
• Adjust to position dashboard where you prefer

Dashboard Y (Default: 30)

• Vertical pixel position from top of chart
• Move up/down to avoid interfering with your charts

Symbol Column Width (Default: 100)

• Width in pixels for the symbol name column
• Increase if symbol names are cut off

Column Width (Default: 80)

• Width in pixels for all other columns
• Adjust based on screen size and number of symbols

Row Height (Default: 22)

• Height in pixels for each row
• Increase for better readability, decrease to fit more symbols

Font Size (Default: 10)

• Size of text in the dashboard
• Adjust based on screen resolution

Show Row Lines (Default: true)

• Displays horizontal lines between rows
• Improves readability with many symbols

Current Symbol Highlight (Default: Lavender)

• Background color for row showing the currently selected symbol
• Helps you quickly identify which chart you’re viewing

Color Customization

Text Color (Default: Black)

• Color for regular text and standard bars

Background Color (Default: Light Gray)

• Dashboard background color

Header Color (Default: Black)

• Color for column headers and labels

Row Line Color (Default: Lavender)

• Color of horizontal dividing lines between rows

Color 2U (Default: Green)

• Color for 2U (up) bars and bullish indicators
• Also used for “YES” FTFC and prices above highs

Color 2D (Default: Orange Red)

• Color for 2D (down) bars and bearish indicators
• Also used for prices below lows

Color 1 (Default: Fire Brick)

• Color for 1 (inside) bars
• Also used for ranging price indicators

Color 3 (Default: Fire Brick)

• Color for 3 (outside) bars

Chart Label Settings

Show Candle Labels (Default: true)

• When enabled: Displays Strat numbers above candles on your current chart
• When disabled: No on-chart labels shown

Candle Label Bars Back (Default: 10)

• Number of previous bars to show labels on
• Increase to see more history, decrease for cleaner charts

Candle Label Font Size (Default: 10)

• Size of the numbers shown above candles
• Independent from dashboard font size

Alert Configuration

Enable Alerts (Default: true)

• Master switch for the alert system
• Must be enabled for any alerts to fire

Show Alert Popup (Default: true)

• When enabled: Pop-up window appears when pattern forms
• Shows symbol, timeframe, and pattern type

Send Alert to Journal (Default: true)

• When enabled: Logs alerts to MetaTrader Experts/Journal tab
• Useful for record-keeping and reviewing missed alerts

Alert Indicator Color (Default: Dodger Blue)

• Color of the small dot that appears next to active patterns
• Shows which cells currently meet your filter criteria

🔧 How It Works – Technical Overview

Candle Classification Algorithm

The indicator analyzes each bar by comparing its high and low with the previous bar:

1. High/Low Comparison: Uses a 0.00001 point threshold for precision
2. Classification Logic:
   • Inside Bar (1): Current high < previous high AND current low > previous low
   • Outside Bar (3): Current high > previous high AND current low < previous low
   • Directional Up (2U): Higher high with higher or equal low
   • Directional Down (2D): Lower high with lower or equal low
3. 2-Bar Pattern Detection: Displays the previous bar and current bar classification in each timeframe column
4. Pattern Matching: Compares 2-bar combinations against enabled filters

Multi-Symbol Data Handling

• Utilizes MT5’s CopyHigh(), CopyLow(), CopyOpen(), CopyClose() functions
• Non-blocking data retrieval – won’t freeze your platform
• Handles missing data gracefully (shows “—” for unavailable data)
• Series arrays set for efficient recent-data access

Alert System

• Timer-Based: Checks for new patterns every 1 second when alerts enabled
• Duplicate Prevention: Uses global variables to track fired alerts
• Bar-Time Tracking: Alerts fire once per new bar formation
• Automatic Cleanup: Removes alert history older than 24 hours
• Pattern-Specific: Only alerts on patterns you’ve filtered for

Filter Persistence

• Filter selections saved as global variables with unique chart ID
• Survives indicator reload, chart switches, and MT5 restarts
• Only deleted when indicator is removed from chart
• Each chart maintains independent filter settings

Interactive Dashboard

• Object-Based Graphics: Uses MT5 rectangle labels and text labels
• Z-Order Management: Proper layering for clickable elements
• Event Handling: OnChartEvent responds to user clicks
• Dynamic Updating: Recalculates on every tick via OnCalculate
• Visibility Control: Toggle button to hide/show without losing data

Performance Optimization

• Only processes visible (filtered) symbols in detail
• Hides objects for filtered-out symbols (not deleted)
• Reuses objects rather than recreating each update
• Efficient string operations and array handling

💡 Pro Tips for Maximum Effectiveness

1. Start with Fewer Patterns

Don’t enable all filters at once. Focus on mastering one or two setups first:

• Beginners: Start with just 3-1 patterns
• Intermediate: Add 2-1 patterns
• Advanced: Use combinations with FTFC filter

2. Match Timeframes to Your Trading Style

• Scalpers: M1, M5, M15, M30
• Day Traders: M5, M15, M30, H1
• Swing Traders: H1, H4, D1, W1
• Position Traders: D1, W1, MN1

3. Use FTFC Filter for Higher Probability

Enable the FTFC checkbox when you only want to trade WITH the larger trend. This dramatically increases win rate but reduces number of setups.

4. Combine with Key Levels

The dashboard shows if price is above/below key levels. Best setups often occur at these areas:

• Look for reversals when price is BlwL or AbvH (extended from range)
• Look for continuations when price is Rng (consolidating before next move)

5. Set Up Multiple Chart Layouts

Create different chart templates with different filter combinations:

• Layout 1: Reversal hunting (3-1, 2U-2D, 2D-2U)
• Layout 2: Continuation trading (2U-2U, 2D-2D, FTFC enabled)
• Layout 3: Breakout setups (2-1 patterns only)

6. Learn the Strat Combos

Once you’re comfortable with 2-bar patterns, study Rob Smith’s combo patterns:

• 2-2-2 Combos: Three directional bars in a row
• 2-1-2 Reversal Combo: Two up, inside bar, two down (or reverse)
• 3-1-2 Broadening Formation: Outside, inside, directional continuation

7. Use Alerts Wisely

• Enable alerts for your highest-probability setups only
• Don’t alert on every pattern type or you’ll get overwhelmed
• Keep MT5 running to receive alerts (doesn’t need to be foreground)

8. Regular Dashboard Review

• Scan dashboard every 15-30 minutes during trading session
• Look for patterns forming across multiple timeframes on same symbol
• Check symbols that weren’t showing patterns earlier – conditions change

📈 What Makes This Dashboard Different?

Versus Manual Scanning:

• Speed: Analyze 50 pairs in 2 seconds vs. 10 minutes manually
• Accuracy: Never misidentify a candle type
• Completeness: Never miss a setup while looking at other charts
• Consistency: Same classification logic every time

Versus Generic Scanners:

• Strat-Specific: Built FOR Strat traders BY Strat traders
• Pattern Recognition: Understands 2-bar combos, not just individual candles
• FTFC Integration: Built-in directional bias across timeframes
• Key Level Context: Shows relative position to critical levels

Versus Similar Indicators:

• Multiple Timeframes: 4 analysis TFs + 3 directional TFs = 7 timeframes per symbol
• Interactive Filtering: Change what you’re looking for without reopening settings
• Comprehensive Patterns: All six common 2-bar Strat patterns included
• Alert System: Never miss a setup even when away from screen
• Persistent Settings: Filters remain across sessions and chart switches

🎓 Perfect For:

✅ Strat Methodology Traders – Purpose-built for Rob Smith’s strategy
✅ Multi-Market Traders – Monitor Forex, Indices, Commodities, Crypto simultaneously
✅ Part-Time Traders – Alerts ensure you don’t miss setups
✅ Systematic Traders – Consistent, objective pattern identification
✅ Learning Traders – On-chart labels help internalize the Strat system
✅ Professional Traders – Handle multiple accounts and asset classes efficiently