Dashboard Currency Meter V3

The Dashboard Currency Meter V3 is a forex trading tool designed to assist traders in making informed trading decisions. It is an updated version of the previous Dashboard Currency Meter EA, and it is packed with new features that make trading more efficient and effective. This EA provides traders with the ability to analyze multiple currency pairs simultaneously, which is a significant advantage over manual trading. In this review, we will take a comprehensive look at the Dashboard Currency Meter V3, exploring its features, strengths, and weaknesses, and provide insight into whether it is a viable tool for traders. By the end of this review, readers will be able to make an informed decision about whether or not to use the Dashboard Currency Meter V3 in their trading strategies.

Dashboard Currency Meter V3 Strategy

The Dashboard Currency Meter V3 is an expert advisor (EA) that allows traders to manage their trades in a basket, rather than individual pairs. The EA has two set options: Manual and Auto Trade. Manual mode allows the user to control the trades themselves, while Auto Trade mode enables the EA to trade automatically. The EA has several variables that can be customized, including basket management, max trades per pair, max total trades overall, max spread allowed, basket take profit in S, and basket stop loss in $.

Dashboard Currency Meter V3
Dashboard Currency Meter V3

The basket management feature is a key component of the Dashboard Currency Meter V3 strategy. This feature allows traders to manage multiple trades in a single basket, which can help reduce risk and maximize profits. The EA allows traders to set a basket take profit and stop loss in $, and it will close the basket when the target is reached, regardless of whether individual pairs are still open or not. This means that if one pair is losing, but the basket has reached the take profit level, the EA will close the basket anyway.

The EA also has a trailing stop feature that allows traders to lock in profits as the trade progresses. The last set lock can be trailed automatically based on a set distance, and the EA can be programmed to stop trading after a certain number of profitable baskets have been achieved.

One potential weakness of the EA is that it may require some knowledge and experience to set up and use effectively. Additionally, while the basket management feature can be helpful in reducing risk, it may also lead to missed opportunities if one pair is performing well while others are not.


It’s important to note that any trading strategy, including the use of EAs, carries risk. It’s always advisable to test the EA on a demo account before using it with real money, and to implement sound risk management practices, such as using appropriate lot sizes and stop loss levels.

Dashboard Currency Meter V3 Features

  • Basket management for multiple currency pairs.
  • Two set options: Manual (AutoTradeFalseSet.set) and Auto Trade (AutoTradeTrueSet.set).
  • Maximum trades per pair and overall.
  • Maximum allowed spread.
  • Basket take profit and stop loss in dollars.
  • Multiple profit levels with corresponding lock-ins.
  • Option to trail the last set lock.
  • Stop after a certain number of profitable baskets.
  • Take profit and stop loss in percentage ADR.
  • Individual stop loss and take profit for each pair.

Dashboard Currency Meter V3 Settings

  • Basket Management: Enables management of trades as a basket rather than individual pairs
  • Lot Size: Sets the lot size for each trade
  • Max Trades per Pair: Sets the maximum number of trades allowed per currency pair
  • Max Total Trades Overall: Sets the maximum number of trades allowed overall
  • Max Spread Allowed: Sets the maximum allowed spread
  • Basket Take Profit in $: Sets the take profit for the entire basket in dollars
  • Basket Stop Loss in $: Sets the stop loss for the entire basket in dollars
  • A profit 1: Sets the profit level at which to apply Lock 1
  • Lock 1: Sets the percentage of profit to lock in at A profit 1
  • At profit 2: Sets the profit level at which to apply Lock 2
  • Lock 2: Sets the percentage of profit to lock in at At profit 2
  • At profit 3: Sets the profit level at which to apply Lock 3
  • Lock 3: Sets the percentage of profit to lock in at At profit 3
  • At profit 4: Sets the profit level at which to apply Lock 4
  • Lock 4: Sets the percentage of profit to lock in at At profit 4
  • At profit 5: Sets the profit level at which to apply Lock 5
  • Lock 5: Sets the percentage of profit to lock in at At profit 5
  • At profit 6: Sets the profit level at which to apply Lock 6
  • Lock 6: Sets the percentage of profit to lock in at At profit 6
  • Basket TP & SL in $: Sets the take profit and stop loss for the entire basket in dollars
  • Trail the last set lock: Enables trailing stop based on the last lock level
  • Trail distance 0 means last lock: Sets the trailing stop distance
  • Stop after this many profitable baskets: Sets the number of profitable baskets after which the EA will stop trading
  • Take profit percent adr(10) 0-None: Sets the take profit as a percentage of the average daily range (ADR)
  • Stop loss adr percent adr(10) 0= None: Sets the stop loss as a percentage of the ADR
Dashboard Currency Meter V3 Settings
Dashboard Currency Meter V3 Settings

Dashboard Currency Meter V3 Summary

The Dashboard Currency Meter V3 is a tool for trading multiple currency pairs simultaneously, with features such as basket management, maximum trades per pair, maximum total trades overall, and customizable take profit and stop loss settings. Its strengths include the ability to quickly analyze multiple currency pairs and the option to adjust risk management settings. However, it may not be suitable for novice traders due to its complexity and lack of user-friendly documentation. The tool is for experienced traders who understand the risks involved in using such software. While demo testing and applying good risk management settings can improve results, there are no guarantees, and users should avoid hyping the tool or expecting unrealistic returns.

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