Market / MetaTrader 4 / Utilities /

Session Spreads

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Published: 2 May 2019

Current version: 4.0

Session Spreads

Utilities
Brian Lillard
Version: 4.0
Updated: 29 April 2020

The 'Session Spreads' indicator was created to show spreads, their instances and averages, over the seven main sessions.

This shows the most average & useful spreads occurring the most on the seven main sessions on chart, and via/CSV files.

Key Features

7 Sessions automatically adjusted to the broker GMT & DST for logging spreads.
Spreads logged per session with overlays equally processed on all applicable.
Instances of spreads logged per spread amount that shows the most average.
Average spreads are calculated per session and shows the actual averages.

Input Parameters

Bars or Ticks = Ticks; - readings at the time of bar open or by ticks
Log Data Files = true; - files optionally logged to MQL4\Files folder
Wellington(NZ) begin hour = 20; - a minimum hour to log spreads
Wellington(NZ) end hour = 5; - a maximum hour to log spreads
Sydney(Australia) begin hour = 22; - a minimum hour to log spreads
Sydney(Australia) end hour = 7; - a maximum hour to log spreads
Tokyo(Japan) begin hour = 23; - a minimum hour to log spreads
Tokyo(Japan) end hour = 8; - a maximum hour to log spreads
Mainland Asia begin hour = 24; - a minimum hour to log spreads
Mainland Asia end hour = 9; - a maximum hour to log spreads
Central Europe begin hour = 6; - a minimum hour to log spreads
Central Europe end hour = 15; - a maximum hour to log spreads
London(UK) begin hour = 7; - a minimum hour to log spreads
London(UK) end hour = 16; - a maximum hour to log spreads
New York(USA) begin hour = 12; - a minimum hour to log spreads
New York(USA) end hour = 21; - a maximum hour to log spreads
Font's Color = White; - The color of labels shown on the chart
Font's Name = MicroSoft YaHei; - The font shown on the chart
Font's Size = 7; - The label's font size shown on the chart
Label's Corner = 0; - The corner of labels shown on the chart
Label's Left = 5; - The label left X position
Label's Top = 13; - The label top Y position
Label's X-Gap = 69; - The label's X positions between two sets of labels
Label's Y-Gap = 12; - The label's Y positions between two rows of labels

Integration

This indicator only produces labels on the chart and optionally text files.

Improvements

Please be sure to leave any ideas, tips and suggestions in the "Reviews" section and they may be included.
Improvements to the system could be at any time so we suggest that you possibly backup your copies.

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The ' MTF MA Cross ADV ' indicator comes from MTF Moving Average Cross with an advanced algorithm . Fast & slow m oving average crosses are used for generating up to four arrows either at bar 0 or bar 1. Key Features Advanced algorithm to detect changes in standard moving average cross w/arrows. There are many settings which can all be non-repaint for signals at a new bar and at bar 0. NewBarConfirm as 'true' means notifications come from bar 0 & bar 1(false). PC Alerts, Email notifica

56 USD

The ' Renko Brick Arrows ' indicator was developed to showcase the traditional renko brick grid pricing on chart. An alternative to using an offline chart generator for renko grid prices, and a unique charting style to strategize. Key Features Renko bricks are drawn over the chart without having to generate a new chart. Optional horizontal lines shows where the next arrows are supposed to appear. Both one and two step reversals are available to draw arrows for buy and sell. Input Parameters

34 USD

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Version 4.0 2020.04.29

Better acceptance of log files when deinitializing; any reason is allowed to write log files.
Label deletion on deinitialization; labels now should dissapear when before they didn't.
Visual updates to the labels, journal printout and menu for improved appearances.

Version 3.0 2019.05.04

Minor Output format correction

Version 2.0 2019.05.02

Reduced wording for maximum visibility.
Recording to CSV files is off by default.