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Market Hour Indicator

Market Hour Indicator is one the most useful indicators for the traders who trade in different markets. The indicator highlights the area in the chart during which a particular market is open. It operates on four different markets i.e. New York Stock Exchange, Australian Stock Exchange, Tokyo Stock Exchange and London Stock Exchange. The indicator is intended for use on M1, M5, M15, M30 and H1 time frames only.


Input Parameters

  • NYSEMarket: Enable/Disable for NYSE market
  • NYSEMarketOpeningTime: Specify the market opening time
  • NYSEMarketClosingTime: Specify the market closing time
  • ASXMarket: Enable/Disable for ASX market
  • ASXMarketOpeningTime: Specify the market opening time
  • ASXMarketClosingTime: Specify the market closing time
  • TSEMarket: Enable/Disable for TSE market
  • TSEMarketOpeningTime: Specify the market opening time
  • TSEMarketClosingTime: Specify the market closing time
  • LSEMarket: Enable/Disable for LSE market
  • LSEMarketOpeningTime: Specify the market opening time
  • LSEMaketClosingTime: Specify the market closing time


How to use the indicator

  1. Attach the custom indicator MHI to the chart.
  2. Enable the Forex market which a trader wants to track. More than one market can be tracked simultaneously by enabling the respective markets.
  3. Traders can edit the respective market opening and closing time.
  4. For different Forex markets, different colored rectangle will be formed.

The indicator uses different colors to indicate the different market timings:

  • NYSE Market: Red colored rectangle
  • ASX Market: Golden colored rectangle
  • TSE Market: Green colored rectangle
  • LSE Market: Blue colored rectangle

Market Hour Indicator is a very helpful and much needed indicator. Using this indicator, traders can track different market opening and closing timings simultaneously on a single chart.

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TPSpro TRENDPRO  - is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes, as well as giving signals for entering trades without redrawing! The indicator uses each candle, analyzing them separately. referring to different impulses - up or down impulse. Exact entry points into transactions for currencies, crypto, metals, stocks, indices!  Version MT5             DETAILED DESCRIPTION              R ecommended to use with an indi
TPSpro RFI Levels
Roman Podpora
4.83 (24)
Reversal First Impulse levels (RFI)    INSTRUCTIONS        RUS       -       ENG              R ecommended to use with an indicator   -   TPSpro  TREND PRO -  Version MT5 A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Main functions: Displaying activ
PZ Mean Reversion MT4
PZ TRADING SLU
2.33 (3)
Indicador único que implementa un enfoque profesional y cuantitativo para el comercio de reversión a la media. Aprovecha el hecho de que el precio se desvía y vuelve a la media de manera predecible y medible, lo que permite reglas claras de entrada y salida que superan ampliamente las estrategias comerciales no cuantitativas. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Señales comerciales claras Sorprendentemente fácil de operar Colores y tamaños personalizable
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Best Currency Strength Indicator
Tumelo Patrick Rakotsoane
4.6 (48)
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
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MACD Swing Low Multi Time Frame Indicator is one of the most advanced indicators based on both Swing Low and MACD trading strategies. It supports multiple timeframes, i.e. by attaching the indicator on a single chart, one can see the MACD Swing Low values for all the other timeframes on a single chart. One would just have to select the timeframes, for which he wants to see the calculated values. Features On the chart, one can set the option to view the MACD Swing Low calculated values and the
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Spread Based pair trading tool It is a very useful tool for commodities traders . Specially those traders who trade crude oil and brent oil. This is also a good strategy for any two pairs which have very high correlation. This panel consists of Two drop downs to select two symbols. One should chose two mutually correlated symbols. Fields to enter a spread value and trade lot size. How a trade in this panel is placed? When you click on the place order button, it starts tracking the market and
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This panel is a one stop solution to all your trading problems Trading made easy. This panel allows trader to place orders (instant or pending) and close the respective orders (ALL, PROFIT, LOSS) just from one panel Traders can use it to make any type of trade on the chart itself Description Close Order All - close all open orders. Profit - close profitable ones. Loss - close loss-making ones. Select Order Amount type (Lots, Money, Risk%) Select Stop Loss Price SL Pips - distance in pips to s
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Versión 7.0 2021.12.16
Recompiled using new MT4 version