Time Zone In Chart
- Utilities
- Steven Dussault
- Version: 1.0
- Activations: 10
Time Zone In Chart - Custom Time Zone Labels for MT4 (MT5 version available soon)
Overview:
Introducing the Time Zone In Chart indicator, a powerful tool designed to enhance your trading experience by displaying time labels based on a custom time zone. Perfect for traders who need to align their trading activities with different time zones, this indicator ensures you never miss a beat.
Key Features:
- Custom Time Zone Support: Adjust the displayed time to any time zone with the GMT_Offset parameter.
- Dynamic Updates: Updates every 3 seconds in live trading conditions to ensure you always have the most current information.
- Backtest Compatibility: Automatically updates at every new bar during backtesting, ensuring historical accuracy.
- Customizable Appearance: Tailor the look of the time labels to fit your chart setup with adjustable colors, font type, and font size.
- Grid-Based Label Placement: Labels are positioned at every second grid square for clear and organized display.
- Efficient Resource Management: Automatically removes old labels to keep your chart clean and performant.
Parameters:
- GMT_Offset: Adjusts the time zone offset (default: -7).
- LabelColor: Sets the color of the time labels (default: clrWhite).
- SymbolColor: Sets the color of the time separator symbol (default: clrLimeGreen).
- UpdateFrequency: Frequency of updates in seconds (default: 3 seconds for live conditions).
- MaxBars: Maximum number of bars to display labels for (default: 1000).
- Font_Type: Font type for the labels (default: "Arial").
- Font_Size: Font size for the labels (default: 9).
- Symbol_Prefix: Prefix symbol for the time labels (default: "|").
- DisplayLevel: Text display level (default: 5).
How It Works:
- Live Trading: The indicator updates every 3 seconds, ensuring you always have the most up-to-date information on your chart.
- Backtesting: During backtesting, the indicator updates with every new bar, providing accurate historical data analysis.
- Grid-Based Placement: Time labels are placed at every second grid square, offering a structured and easy-to-read layout.
- Customization: With options to adjust colors, fonts, and more, you can customize the indicator to seamlessly integrate with your chart setup.
Installation & Setup:
- Download and Install: Download the indicator from the MQL5 marketplace and add it to your MT4 platform.
- Apply to Chart: Attach the Time Zone In Chart indicator to any chart.
- Configure Settings: Customize the indicator parameters to suit your needs.
- Start Trading: Benefit from clear and organized time labels, aligned to your specified time zone.
Why Choose Time Zone In Chart?
The Time Zone In Chart indicator is designed to offer clarity and precision for traders who work across different time zones. With its dynamic updates, customization options, and efficient resource management, this tool is an essential addition to any trader's toolkit.