Vertical horizontal lines
- Indikatoren
- Lorenz Haemmerli
- Version: 1.1
Daily Time Lines Indicator for MT5
Daily Time Lines is a simple and powerful chart tool for MetaTrader 5 that automatically draws vertical and horizontal lines at a specific time each day.
Perfect for marking session opens, key levels, or important trading moments directly on your chart.
Main Features
- Automatic daily vertical line at a selected time
- Optional horizontal line starting from the same point
- Horizontal line can end:
- At the end of the day
- Or extend for a customizable number of future days
- Works even if the exact time candle does not exist (e.g. stocks, indices)
- Select which weekdays the lines should be drawn
- Fully customizable colors, styles, and line thickness
- Adjustable vertical line length (not full chart only)
- Lightweight and fast – no lag in backtest or live trading
Flexible Time Logic
The indicator can:
- Draw at the exact specified time
- Or automatically use the first available candle after that time
This makes it ideal for:
- Stocks (with limited sessions)
- Indices
- Forex
- Crypto
Use Cases
- Mark New York open / London open
- Highlight daily key levels
- Session-based trading strategies
- Backtesting time-based setups
- Visual structure and market timing
Important Notes
- This indicator does NOT open, close, or manage trades
- It is designed purely for visual analysis and chart support
Why This Indicator
Many time-line tools fail on assets with trading sessions.
This indicator is built to handle real market conditions correctly.
Clean, precise, and reliable – exactly what you need on your chart.
