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The Volumatic VIDYA Dashboard Indicator is an expert multi-symbol, multi-timeframe buying and selling software constructed round Tushar Chande’s Variable Index Dynamic Common (VIDYA). It scans as much as 20 devices throughout 9 timeframes and presents each detected alternative in a compact, interactive eight-column dashboard — full with computed Entry, Cease Loss, and Take Revenue costs for every sign.

Key Options:

• Adaptive VIDYA Engine: Makes use of Chande Momentum Oscillator (CMO) weighting so the shifting common accelerates in trending markets and decelerates in uneven ones
• Computed Entry, SL & TP: Each sign consists of particular worth ranges derived from ATR-based bands — no guesswork required
• Multi-Image Monitoring: Watch as much as 20 foreign money pairs, metals, indices, or crypto belongings concurrently
• Multi-Timeframe Evaluation: Monitor M1 by Month-to-month timeframes (9 timeframes)
• Non-Repainting Indicators: Evaluates solely closed bars (bar 1) — alerts by no means disappear or shift
• Two-Bar Affirmation: Requires a pullback to the VIDYA band adopted by a confirming bullish or bearish shut
• 8-Column Dashboard: Image, Timeframe, Route, Entry, SL, TP, Age, and Chart navigation
• Filter & Type Mode: Optionally rank alerts by recency so the freshest alternatives seem first
• Visible Chart Indicators: Shade-coded arrows and worth labels plotted straight on the chart
• A number of Alert Varieties: Popup, sound, e mail, and cell push notifications

Obtain the indicator:

TIP: This indicator offers Entry, Cease Loss, and Take Revenue ranges for each sign. All the time mix these with correct place sizing and danger administration — by no means danger greater than 1-2% of your account on a single commerce.

Understanding VIDYA & ATR Bands

What’s VIDYA?

VIDYA (Variable Index Dynamic Common) was launched by Tushar Chande in 1995. It’s an adaptive exponential shifting common that adjusts its smoothing velocity primarily based on market volatility. When the market is trending strongly, VIDYA responds rapidly. When the market is uneven, VIDYA slows down and filters out noise.

The adaptive weighting comes from the Chande Momentum Oscillator (CMO), which measures the ratio of web momentum to complete momentum over a given interval:

CMO = |100 x (sumPositive – sumNegative) / (sumPositive + sumNegative)| alpha = 2 / (VidyaLength + 1) VIDYA = alpha x (CMO / 100) x Worth + (1 – alpha x CMO / 100) x previousVIDYA

In plain phrases: when worth strikes are overwhelmingly in a single route (excessive CMO), VIDYA tracks worth intently. When shopping for and promoting stress are balanced (low CMO), VIDYA barely strikes, performing as a secure reference line.

The Three ATR Bands

The indicator constructs three bands across the VIDYA line utilizing the Common True Vary (ATR):

For a BUY sign, the Entry Band sits beneath VIDYA, the Cease Loss Band sits additional beneath, and the Take Revenue Band sits above VIDYA. The association mirrors for SELL alerts.

How Indicators Are Generated

The indicator makes use of a two-bar affirmation course of:

1. Bar 2 (pullback bar): Worth should contact or penetrate the VIDYA entry band — for a BUY, the low should attain the decrease band; for a SELL, the excessive should attain the higher band
2. Bar 1 (affirmation bar): The bar should shut within the sign route — a bullish shut (shut > open) confirms a BUY; a bearish shut (shut < open) confirms a SELL

Moreover, the general pattern route should align: an uptrend have to be energetic for BUY alerts, and a downtrend have to be energetic for SELL alerts. This two-step course of filters out many false alerts that single-bar techniques produce.

NOTE: The indicator evaluates solely bar 1 (essentially the most just lately closed bar) and by no means evaluates bar 0 (the present forming bar). That is what makes the alerts non-repainting.

Set up Information

For MetaTrader 4

1. After buying, find the file named  Volumatic_VIDYA_Dashboard_Indicator.ex4  in your downloads
2. Open MetaTrader 4 and click on File > Open Knowledge Folder
3. Navigate to  MQL4 > Indicators
4. Copy the indicator file into the Indicators folder
5. Return to MetaTrader 4 and press Ctrl+N to open the Navigator panel
6. Proper-click on “Indicators” within the Navigator and choose Refresh
7. Discover “Volumatic_VIDYA_Dashboard_Indicator” within the listing

The everyday path is:  C:Customers[YourName]AppDataRoamingMetaQuotesTerminal[ID]MQL4Indicators

For MetaTrader 5

1. After buying, the indicator installs robotically through the MQL5 Market
2. Open MetaTrader 5 and press Ctrl+N to open the Navigator panel
3. Develop Indicators > Market part
4. Discover “Volumatic_VIDYA_Dashboard_Indicator” within the listing

Including to a Chart

1. Within the Navigator panel, find the indicator underneath Indicators
2. Double-click on the indicator title, OR drag and drop it onto any chart
3. A settings window will seem — alter settings as wanted (see Enter Parameters Reference beneath)
4. Click on OK to use

After making use of, you will notice two elements:

• Dashboard Panel: A separate window beneath your major chart displaying all monitored symbols and timeframes with Entry, SL, and TP costs
• Chart Indicators: BUY and SELL arrows with worth labels plotted at sign factors, plus yellow candle highlighting

NOTE: The indicator have to be hooked up to a chart of one of many symbols in your monitoring listing to show arrows. For instance, if you’re monitoring EURUSD, connect the indicator to a EURUSD chart to see the arrows and worth labels on that pair.

Dashboard Overview

The dashboard seems in a separate window beneath your major chart. It shows eight columns of knowledge for each detected sign.

Dashboard Columns

Utilizing the Dashboard

• Scrolling: Use the scrollbar on the correct aspect or your mouse wheel to view extra rows when alerts exceed the seen space
• Fast Navigation: Click on any Chart button to immediately open that image on the required timeframe, permitting you to look at the sign in full element
• Shade Coding: Inexperienced textual content and icons point out bullish/purchase situations; crimson textual content and icons point out bearish/promote situations
• Filter Mode: When  InpFilterRecent  is enabled, the dashboard kinds alerts by recency so the freshest alternatives seem on the high

TIP: Use the Chart button to leap on to a sign that pursuits you. This switches each the image and timeframe in a single click on, saving time when scanning a number of markets.

Enter Parameters Reference

Dashboard Settings

VIDYA Settings

Chart Arrow Settings

Alert Settings

TIP: The ATR multipliers for Entry Band, Cease Loss Band, and Take Revenue Band are essentially the most impactful parameters. Adjusting these modifications the place alerts set off, how tight your stops are, and the way far your revenue targets attain. See the Band Multiplier Tuning part for steerage.

Chart Arrows & Visible Indicators

BUY Sign Look

When a BUY sign is detected on the chart’s image and timeframe:

• A inexperienced upward arrow (Lime) seems beneath the sign candle
• A worth label is displayed above the arrow displaying the computed ranges on this format:  BUY E:1.0952 SL:1.0918 TP:1.1020
• The sign candle is highlighted in yellow for straightforward visible identification

SELL Sign Look

When a SELL sign is detected:

• A crimson downward arrow seems above the sign candle
• A worth label is displayed beneath the arrow displaying:  SELL E:1.0948 SL:1.0982 TP:1.0880
• The sign candle is highlighted in yellow

Non-Repainting Assure

The Volumatic VIDYA Dashboard evaluates solely bar 1 (essentially the most just lately closed bar) and by no means reads bar 0 (the present forming bar). This implies:

• Indicators solely seem after a candle has absolutely closed
• As soon as a sign seems, it should by no means disappear, transfer, or change
• What you see in historic information is strictly what you’d have seen in real-time
• Backtesting outcomes precisely mirror stay buying and selling situations

IMPORTANT: Non-repainting is crucial for reliable backtesting and dependable stay buying and selling. As a result of the indicator requires each a pullback bar and a confirming shut bar earlier than plotting a sign, each arrow on the chart represents a genuinely confirmed setup.

Alert Configuration

Alert Message Format

When a brand new sign is detected, the alert message follows this format:

Volumatic VIDYA Dashboard: EURUSD BUY on H1 | Entry: 1.09500 | SL: 1.09200 | TP: 1.09900

Every alert consists of the image, route, timeframe, and all three computed worth ranges, providing you with the whole commerce setup at a look.

Setting Up Electronic mail Alerts

1. In MetaTrader, go to Instruments > Choices > Electronic mail
2. Test Allow
3. Enter your SMTP server, port, login, password, and vacation spot e mail
4. Click on Take a look at to confirm the configuration works
5. Set  InpEmailAlerts  to true within the indicator settings

Setting Up Push Notifications

1. Set up the MetaTrader cell app in your cellphone (iOS or Android)
2. Open the app and go to Settings > Messages
3. Copy your MetaQuotes ID
4. Within the desktop MetaTrader, go to Instruments > Choices > Notifications
5. Enter your MetaQuotes ID and allow notifications
6. Set  InpPushAlerts  to true within the indicator settings

Good Deduplication

The alert system consists of built-in deduplication logic. As soon as an alert fires for a selected image, timeframe, and route mixture, it won’t repeat till the sign modifications. This prevents alert flooding when the indicator recalculates on every tick.

NOTE: MetaTrader has built-in alert throttling that limits the frequency of popup and sound alerts. In case you are monitoring many symbols throughout many timeframes, some alerts could also be barely delayed in periods of excessive sign exercise.

Buying and selling Methods

WARNING: The next methods are supplied for academic functions solely. Buying and selling includes important danger of loss. All the time follow on a demo account first and by no means commerce with cash you can not afford to lose.

Technique 1: VIDYA Pullback Entry (Main)

That is the core technique the indicator is designed for. The dashboard offers all the data you want.

Guidelines:

1. Open the dashboard and scan for contemporary alerts (low Age values)
2. When a BUY sign seems, take into account getting into at or close to the Entry worth proven within the dashboard
3. Set your Cease Loss on the SL worth supplied
4. Set your Take Revenue on the TP worth supplied
5. For SELL alerts, observe the identical course of in the wrong way

Why it really works: The 2-bar affirmation ensures worth has already pulled again to a price zone (the VIDYA band) after which proven directional dedication with a confirming shut. The ATR-based SL and TP ranges robotically adapt to present volatility.

Technique 2: Multi-Timeframe Affirmation

Use the dashboard’s multi-timeframe view to align trades throughout completely different time horizons.

Guidelines:

1. Test the upper timeframe (H4 or D1) for the pattern Route within the dashboard
2. Search for alerts on a decrease timeframe (M15 or H1) within the identical route
3. Solely take BUY alerts on the decrease timeframe when the upper timeframe additionally exhibits Bullish
4. Solely take SELL alerts on the decrease timeframe when the upper timeframe additionally exhibits Bearish
5. Use the decrease timeframe Entry, SL, and TP ranges for commerce execution

Why it really works: Aligning with the upper timeframe pattern will increase the chance that the decrease timeframe pullback is a continuation slightly than a reversal.

Technique 3: Filter Mode Scanner

Allow  InpFilterRecent  to focus completely on the freshest alerts.

Guidelines:

1. Set  InpFilterRecent  to true within the indicator settings
2. The dashboard now kinds all alerts by age, with the most recent on the high
3. Give attention to alerts which are 1-5 bars outdated — these are essentially the most actionable
4. Click on the Chart button to look at the sign intimately earlier than getting into
5. Ignore alerts with excessive Age values except they align with a broader thesis

Why it really works: Contemporary alerts supply one of the best entry timing. As a sign ages, worth has already moved away from the entry zone, lowering the risk-to-reward ratio.

TIP: No matter technique, all the time calculate your place dimension primarily based on the space between Entry and SL. Threat not more than 1-2% of your account fairness per commerce.

Band Multiplier Tuning

The three ATR multiplier parameters management the geometry of each commerce setup. Adjusting them modifications sign frequency, cease distance, and revenue potential.

How Band Multipliers Have an effect on Buying and selling

Basic tips:

• Entry Band: Decrease values set off alerts extra incessantly as a result of worth doesn’t want to tug again as far. Greater values require deeper pullbacks, producing fewer however probably higher-quality alerts.
• SL Band: This defines your danger per commerce. Tighter values scale back the financial danger however might lead to extra stop-outs throughout regular volatility.
• TP Band: This defines your reward potential. The default 4.0 mixed with an SL of two.0 produces an approximate 2:1 reward-to-risk ratio earlier than accounting for entry placement.

TIP: When altering multiplier values, all the time backtest the brand new settings on historic information utilizing MetaTrader’s Technique Tester or by visually reviewing previous alerts on the chart. Small modifications can considerably have an effect on sign frequency and efficiency.

Dealer Image Configuration

Totally different brokers use completely different naming conventions for foreign money pairs and different devices. If the dashboard exhibits errors or lacking information, it’s essential configure the Image Prefix or Image Suffix.

Widespread Dealer Codecs

How one can Discover Your Dealer’s Format

1. Open the Market Watch window by urgent Ctrl+M
2. Have a look at how foreign money pairs are named within the listing
3. Establish any prefix (characters earlier than “EURUSD”) or suffix (characters after “EURUSD”)
4. Enter the prefix and/or suffix within the indicator settings
5. The Symbols listing itself ought to use the bottom names solely (e.g., EURUSD, not EURUSD.professional) — the indicator will mix them with the prefix and suffix robotically

Troubleshooting

Dashboard Reveals No Indicators

• Guarantee your image names are spelled appropriately within the Symbols enter
• Confirm your dealer’s image format within the Market Watch window and configure Prefix/Suffix accordingly
• Test that at the least some timeframes are enabled (M5 by W1 are on by default)
• Verify you’ve got sufficient historical past information loaded — go to Instruments > Choices > Charts and improve the max bars setting
• Wait a second after attaching the indicator; it wants time to load information for all image/timeframe combos

Indicator Does Not Load

• Make sure the file is within the appropriate folder ( MQL4/Indicators  for MT4 or  MQL5/Indicators/Market  for MT5)
• Proper-click on Indicators within the Navigator panel and choose Refresh
• Restart MetaTrader utterly
• Test the Consultants tab on the backside of MetaTrader for any error messages

Symbols Present “—“

• The image title was not discovered in your dealer’s server
• Test Market Look ahead to the precise spelling your dealer makes use of
• Configure the Image Prefix and Image Suffix fields to match your dealer’s naming conference

Indicators Differ from Chart Arrows

• The dashboard scans all enabled timeframes, whereas chart arrows solely seem for the timeframe at present displayed
• Swap the chart to the timeframe proven within the dashboard row to see the corresponding arrows
• Use the Chart button within the dashboard to navigate on to the proper image and timeframe

Chart Buttons Do Not Work

• Make sure the chart shouldn’t be locked (right-click the chart, test that “Chart Locked” is unchecked)
• Some chart templates or profiles might override the image change — strive on a clear chart
• In MetaTrader 5, make sure the image is obtainable in Market Watch earlier than clicking the button

NOTE: The most typical subject is an incorrect Prefix or Suffix setting. All the time test your Market Watch window first to verify the precise image format your dealer makes use of.

Often Requested Questions

Q: What’s VIDYA and the way is it completely different from a daily shifting common? A: VIDYA (Variable Index Dynamic Common) is an adaptive exponential shifting common created by Tushar Chande. In contrast to a normal EMA that makes use of a hard and fast smoothing issue, VIDYA adjusts its velocity primarily based on the Chande Momentum Oscillator. It strikes quicker throughout robust tendencies and slower throughout uneven, directionless markets.

Q: How are the Entry, SL, and TP costs calculated? A: All three are primarily based on ATR bands across the VIDYA line. The Entry worth comes from the VIDYA band on the Entry Band multiplier (default 2.0x ATR). The Cease Loss is positioned on the further band (default 2.0x ATR past VIDYA within the protecting route). The Take Revenue is positioned on the reverse band (default 4.0x ATR on the revenue aspect of VIDYA).

Q: Does this indicator repaint? A: No. The indicator evaluates solely bar 1 (essentially the most just lately closed bar) and by no means reads bar 0 (the present forming bar). As soon as a sign seems, it should by no means disappear, transfer, or change.

Q: What number of symbols can I scan directly? A: You’ll be able to monitor as much as 20 symbols concurrently. Enter them as a comma-separated listing within the Symbols parameter (e.g., EURUSD,GBPUSD,XAUUSD). Extra symbols require extra processing time, so discover a stability that fits your system.

Q: Which timeframes work greatest with this indicator? A: H1 and H4 usually present one of the best stability of sign frequency and reliability for many merchants. M15 works effectively for energetic day merchants, whereas D1 fits swing merchants preferring fewer, higher-conviction setups.

Q: Can I take advantage of this indicator alongside different indicators? A: Sure. The Volumatic VIDYA Dashboard works effectively as a sign generator that you just verify with different instruments similar to assist/resistance ranges, RSI divergence, quantity evaluation, or higher-timeframe pattern filters.

Q: What if my dealer makes use of completely different image names? A: Use the Image Prefix and Image Suffix settings. For instance, in case your dealer names pairs as “EURUSD.professional”, depart the Symbols discipline as “EURUSD” and set the Suffix to “.professional”. The indicator combines them robotically.

Q: How do I replace the indicator to a more recent model? A: For MT5 Market purchases, updates set up robotically. For MT4, obtain the up to date file out of your MQL5 Market buy historical past and exchange the outdated file in your  MQL4/Indicators  folder. Then refresh the Navigator and re-apply the indicator to your charts.

When you want help with the Volumatic VIDYA Dashboard Indicator:

When contacting assist, please embrace:

• Your MetaTrader model (MT4 or MT5)
• Your dealer title and image format
• An outline of the problem
• Screenshots if relevant
• Your indicator settings (particularly Symbols, Prefix, Suffix, and multiplier values)

Obtain:

Threat Disclaimer

HIGH RISK WARNING: Buying and selling international change (Foreign exchange), CFDs, and different monetary devices on margin carries a excessive degree of danger and is probably not appropriate for all buyers. The excessive diploma of leverage can work towards you in addition to for you. Earlier than deciding to commerce, rigorously take into account your funding targets, degree of expertise, and danger urge for food.

The likelihood exists that you might maintain a lack of some or your entire preliminary funding. You shouldn’t make investments cash that you just can’t afford to lose.

NO GUARANTEE OF PROFIT: Previous efficiency shouldn’t be indicative of future outcomes. No illustration is being made that any account will or is more likely to obtain income or losses much like these mentioned on this information or proven by the indicator.

DEMO ACCOUNT RECOMMENDATION: We strongly suggest testing any buying and selling technique or indicator on a demo account earlier than buying and selling with actual cash.