Download MetaTrader 5
729 traders have already downloaded this robot for free

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 日本語 Deutsch Русский 中文

Views:
24011
Rating:
votes: 8
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.

i-GentorLSMA&EMA_v.0.2 i-GentorLSMA&EMA_v.0.2

Synchronized version numbering using the iGentor CCIM v.0.2.

i-GentorCCIM_v.0.2 i-GentorCCIM_v.0.2

Removed LSMA and EMA. Made the sixth signal bar and trend coloring.