Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2008.12.01 07:09
BarTimer

BarTimer - indicator for MetaTrader 4

| English Español Português Deutsch Русский 中文 日本語

Views:
24284
Rating:
votes: 9
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.

BarTimer

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

Adding password protection to your Indicator / Expert Advisor Adding password protection to your Indicator / Expert Advisor

Here I propose a simple password verification scheme which uses MT4's built-in security engine providing DES/ECB encryption and does not require code re-compilation for each new customer.

Tipu Renko Live Tipu Renko Live

Tipu Renko Live is a modified version of Renko Charts that can be plotted on a normal time frame.