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Opening Hours Vertical Levels

Indicator of vertical lines on the timeframes М5 and М1. It draws the lines for the period of the current day and the previous day.

This indicator visualizes visually shows the trader the beginning and end of the chart hour, as well as the past hourly periods, 30-minute and 5-minute chart intervals.

The advantage provided by this indicator is that the trader using this indicator on a chart of a currency pair with the smaller timeframe will always be aware of when the new hour begins.


On the concept of time and timeframe


It is common knowledge that a timeframe is a time interval considered in technical analysis of free financial markets, during which the price and other market data changes occur when the price charts are plotted.

In the MetaTrader 4 trading terminal, daily periods are separated by vertical dashed line, which can be enabled or disabled by simply pressing the "Ctrl + Y" key combination. This indicator also lines up the smaller periods inside the day, placing a time stamp on the horizontal time scale, in case this option is enabled in the input parameters.


Indicator Parameters

  • Display vertical lines only – show vertical lines only on one day or two days, default: OneDay.
  • The vertical line ( 60 minutes ) – enable the vertical line for 60 minutes, default: true.
  • No show the time stamp – hide the time stamp for the hourly opening levels, default: true.
  • Color this vertical line – color of this vertical line, default: DimGray.
  • Style this vertical line – style of this vertical line, default: Dot.
  • Width this vertical line – width of this vertical line, default: 1.
  • The vertical line ( 30 minutes ) – enable the vertical line for 30 minutes, default: true.
  • Color this vertical line – color of this vertical line, default: DarkGray.
  • Style this vertical line – style of this vertical line, default: Dot.
  • Width this vertical line – width of this vertical line, default: 1.
  • The vertical line ( 5 minutes ) – enable the vertical line for 5 minutes, default: true.
  • Color this vertical line – color of this vertical line, default: PowderBlue.
  • Style this vertical line – style of this vertical line, default: Dot.
  • Width this vertical line – width of this vertical line, default: 1.
  • Colors vertical line of the beginning days – color of the separation vertical lines of the beginning of days, default: MediumSeaGreen.
  • Styles vertical line of the beginning days – style of the separation vertical lines of the beginning of days, default: Solid.
  • Width vertical line of the beginning days – width of the separation vertical lines of the beginning of days, default: 2.

Note: the indicator will be useful for intraday trading on the timeframes not higher than М5.

When working on the higher timeframes, the vertical levels are not displayed.

Reviews 1
Aleksandr Tamonin
4038
Aleksandr Tamonin 2018.05.28 17:10 
 

Удобный индикатор для скальпинга

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TIL Timeframe Overlay
TIL Timeframe Overlay
Viktor Macariola
The TIL Timeframe Overlay indicator is the perfect tool for multiple timeframe analysis . It does the simple yet powerful task of overlaying a candlestick chart of a different timeframe over another allowing you to see the BIGGER picture and see the underlying TREND amid the noise and volatile price action. Please see the screenshots below for examples. Features: It works in ALL timeframe. It works in ANY instrument/symbol. Displays ENTIRE candlesticks (body and wick) of other timeframes includi
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Blahtech Supply Demand
Blahtech Supply Demand
Blahtech Limited
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TPA True Price Action MT4 Indicator
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InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. The first part of the TPA manual "The Basics" is now available (free to g
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Bermaui Bands
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Muhammad Elbermawi
Bermaui Bands (BB) is a technical analysis tool that helps filter between ranging and trending price movements. The idea behind this indicator can be explained in the next steps: Calculate Standard Deviation as an oscillator that moves between 0 and 100. I will name it Bermaui Deviation percent (BD %). If "BD %" is near zero then volatility is at its extreme. In addition, if "BD %" is near 100 then volatility is very low. High volatility means a great probability for a trending market, whi
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FXtraderariel Indicator
FXtraderariel Indicator
Ariel Capja
This is the FXTraderariel-Indicator . It scans the market for opportunities and creates a buy or sell signal. Depending on the settings and trading style, it can be used for scalping or long-term trading . The indicator can be used on every time frame , but we advise to use it on H1, H4 and D1 . Especially if you are a novice trader. Pro Traders can also you use it for scalping in smaller timeframes (M1, M5 and M15). This indicator is not a complete trading system. It doesn't give you exit point
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TickUnit Scalper Currency Strength28 PRO
TickUnit Scalper Currency Strength28 PRO
Bernhard Schweigert
CURRENTLY 26% OFF !!   This indicator is a super combination of both our main indicators ( Advanced Currency Strength 28 and Advanced Currency IMPULSE with ALERT ). It shows Currency Strength values for TICK-UNITS and alert signals for 28 Forex pairs. 11 different Tick-Units can be used. Those are 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, and 30 Seconds. The Tick-Unit bar in the sub-window will be shown and shifted to the left when there is at least 1 tick within the second’s timer.  With only ONE
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This simple information indicator shows the name of the current day and past working days, months and years. On the concept of time and timeframe It is common knowledge that a timeframe is a time interval considered in technical analysis of free financial markets, during which the price and other market data changes occur when the price charts are plotted. In the MetaTrader 4 trading terminal, these periods are separated by vertical dashed line, which can be enabled or disabled by simply press
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Crossing signal ema
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Alexander Shienkov
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Kiss III EMA
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Alexander Shienkov
Индикатор динамического уровня сопротивления и поддержки Moving Average. Визуально показывает момент прикосновение цены Bid , одной или трёх скользящих средних с   заданными во входных параметрах свойствами. Создан для наглядности сигналов и оповещения состоявшегося пересечения (прикосновения) цены Bid и Moving Average. Скользящая средняя — это просто усредненное значение цены за выбранный период времени, он же таймфрейм (ТФ). Именно поэтому скользящие используются на самых разнообразных
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ATR Sessions Pips
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Ещё один простой информационный индикатор, показывающий самые важные торговые сессии валютного рынка. О понятии торговых сессий. Всем известно, что торговая сессия – это промежуток времени, в течение которого банки и другие участники рынка ведут активную торговлю, при этом активизируются   в определённые часы рабочего дня. Валютный рынок, рынки акций и сырьевые рынки   работают круглосуточно с понедельника по пятницу, кроме праздничных дней. Когда в одной стране ещё спят, в другой рабочи
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Risk Manager VT
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Alexander Shienkov
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Aleksandr Tamonin
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Aleksandr Tamonin 2018.05.28 17:10 
 

Удобный индикатор для скальпинга

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