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Publié:

2009.11.10 13:16

Mise à jour:

2016.11.22 07:32

TIME_II_vVBOk.mq4 (40.19 KB) afficher

TIME_II.zip (9.41 KB)

Télécharger au format ZIP, Comment télécharger du code à partir de MetaEditor

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Author:

Vadim Baklanov (gip)

Indicator shows a different Forex sessions, market hours of the exchanges and user defined time lines.

It's a very useful tool for manual and automatic trading.

To perform a correct winter/summer time change, check the following parameters:

Broker_standard_time_zone - time zone, standard UTC+ broker server shift. The default value +1 - EST (Eastern Standard Time).
Broker_DST_start - Broker server's date and time for the summer time change.
Broker_DST_end - Broker server's date and time for the winter time (standard) change.

Fig 1. Trade session example

The only thing that requires explanation - the mouse icon in the right corner of the indicator.

It's mode selector. If you drag the icon located on the lower symbol, you will switch to the session borders display mode.

Fig 2. Session borders example

Fig 3. Custom defined time lines example

Remark:

At timeframes M30 and H1, it shows only session borders. At higher time frames (H4 and above) it shows only time (hours).

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It calculates and shows Stop Loss levels (for Buy and Sell positions) using the method described by Bill Williams in his book "Trading Chaos". A new feature has added: now all it can be analysed in history.

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Indicator shows entry and exit points for all deals and account statistics on the chart. It is very useful for trade analysis.

Candlestick models for GBP/JPY for 9 years

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Time, Forex sessions and Trade Hours monitor - indicateur pour MetaTrader 4