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2008.12.01 07:09

BarTimer - indicator for MetaTrader 4

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votes: 3
BarTimer.mq4 (2.53 KB)view

It displays the current time position in relation to the beginning and the end of the bar. In addition the ratio between the time passed since the beginning of the bar and the whole bar duration expressed in percents is given. The informer is useful for choosing the moment of making a trade decision.
For example, I open the positions within 20% from the beginning of the candlestick and after 80% of it. In the first case, the previous candlestick is taken into the account, in the second case - the current one. I think that it is necessary to keep to the harder constraints on longer intervals.


Last comments | Go to discussion (6)
MQL4 Comments
mql4_comments | 24 May 2009 at 20:40

love this one.
Tnx for sharing!

tdezo | 22 Jun 2009 at 21:44

cool, thanks a lot

maximuszen | 30 Jan 2010 at 18:32

I changed the color of the bar on the code but seems to not change the color for the most recent weeks? Is there a way to fix this. It would be nice to have a month and year mark too. x & y axis labeling sucks on MT4. Better for fx middle men to make money.

I'd like to make a donation but where?

MQL4 Comments
mql4_comments | 5 Mar 2011 at 12:43

I am looking for this one


blackhawk | 10 Mar 2011 at 13:20

A really great indicator !!

Thank you.