Daily Open Line

3.88

The indicator draws the daily open line.

Parameters


GMT shift (minutes)

The time zone could be shifted. The value is given in minutes.

Draw closest regular bar's open price

This parameter could fine-tune the open price line when using GMT shift.

  • Yes - Draw the open line based on the current chart period's closest regular bar
  • No - Draw the open line based on the M1 chart's closest bar. 

Let's assume that your shift is 10 minutes, and you are using H1 chart and the first candle in every day is 00:00.

In this case, choosing option No the M1 open price of 00:10 will be used as open price, while Yes will use open price of 00:00. The starting candle of the line will be the same in both cases.

Max bars for drawing

You can specify, how many candles should be used for draw the lines in the past.

Colors, Styles, Widths

You could easily set up the desired colors, styles and widths for the lines.

The indicator has two buffers, which are alternating day after day.

Reviews 12
AlephTrader
86
AlephTrader 2026.03.02 12:55 
 

Es un excelente aporte a la comunidad. Muchas gracias.

Jasna Gregorc
17
Jasna Gregorc 2026.01.09 10:30 
 

A simple yet highly effective indicator that performs exactly as intended.

Didik
114
Didik 2025.01.20 11:06 
 

Thank You, very helpful.

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IX Power MT5
Daniel Stein
4.92 (13)
Indicators
IX Power: Unlock Market Insights for Indices, Commodities, Cryptos, and Forex Overview IX Power is a versatile tool designed to analyze the strength of indices, commodities, cryptocurrencies, and forex symbols. While FX Power offers the highest precision for forex pairs by leveraging all available currency pair data, IX Power focuses exclusively on the underlying symbol’s market data. This makes IX Power an excellent choice for non-forex markets and a reliable option for forex charts when deta
ARICoins
Temirlan Kdyrkhan
Indicators
ARICoin is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or email Cust
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Draw Candle Levels
Attila Radulovic
5 (1)
Indicators
You can easily draw horizontal ray line for the open, high, low and close price levels of any candle with this indicator. The indicators optionally shows texts above/below the ray lines, including the line price and distance from the Bid price in points. Parameters Mode Key + click - you should press o, h, l or c keys on the keyboard first, then click on any candle. Mouse hover + click - just move your mouse and point to any candle, then press o, h, l or c keys on the keyboard. Note: in both mod
CloseLines
Attila Radulovic
Indicators
The indicator draws lines (with line objects) to the close prices of the last closed bars, on selected timeframes. Parameters Close line 1 close price timeframe - timeframe of the 1st close price Close line 1 color - color of the 1st close price Close line 1 width - width of the 1st close price Close line 1 style - style of the 1st close price Close line 1 max count - the maximum number of lines plotted for the 1st close price, considering the selected timeframe in Close line 1 timeframe paramet
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Partick Bob
206
Partick Bob 2026.04.08 08:07 
 

Useless Indicator. MT5 is already having this feature by default.

AlephTrader
86
AlephTrader 2026.03.02 12:55 
 

Es un excelente aporte a la comunidad. Muchas gracias.

Jasna Gregorc
17
Jasna Gregorc 2026.01.09 10:30 
 

A simple yet highly effective indicator that performs exactly as intended.

Didik
114
Didik 2025.01.20 11:06 
 

Thank You, very helpful.

Patso
126
Patso 2024.12.19 23:30 
 

User didn't leave any comment to the rating

Shrestha
89
Shrestha 2024.05.21 15:20 
 

User didn't leave any comment to the rating

algamerali
26
algamerali 2024.02.09 12:40 
 

Very nice indicator for those who trade ohlc

Raj Natarajan
38
Raj Natarajan 2024.02.06 07:24 
 

Nice Indicator

Gerhard Oehler
222
Gerhard Oehler 2023.04.26 16:18 
 

leider nicht das was ich suche, möchet 22.00 europ Time also in den USA börsenende eine Querlinie haben .. kann das nicht einstellen - schade

C.D.M
612
C.D.M 2022.08.18 16:26 
 

The open line disappears from the current chart and reappears when I change the time frame and then disappears again until I change the time frame again.

Mary Gomes
359
Mary Gomes 2022.06.21 09:10 
 

User didn't leave any comment to the rating

Ionut Funduianu
232
Ionut Funduianu 2022.01.30 20:49 
 

Does the job perfectly. I use it to draw daily open line, London open and New York open. Also very simple to set up an customize! Many thanks!

Attila Radulovic
4399
Reply from developer Attila Radulovic 2022.02.01 09:14
Thank you, Ionut!
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