Download the MT5 Trading Session Time Indicator for Free so it can help you highlighting the trading sessions of your interest on chart.
What Is The Trading Session Time Indicator
Building a strategy is a tough task, and it requires any possible edge.
When creating an Intraday strategy it is often useful to see if the market has a specific behaviour in certain times of the day.
To do this, the traditional trader can manually draw frames in the trading sessions or times where they want to test an idea.
The Trading Session Time indicator is a tool that can help with this task.
The indicator can speed up the process automatically highlighting these sessions.
Other than sessions, the indicator can also draw simple vertical lines corresponding to specific times of the day.
MT5 Trading Session Time Indicator
As a trader, you might find useful to have a tool that shows you trading session times and other times of the day.
When creating an intraday strategy you often need to pick the right time to enter and exit a trade.
Your trading rules might be effective in some moment of the day and not in other times.
Having a visual representation of these sessions or times can be very valuable and can save a lot of time.
The Trading Session Time Indicator for MT5 can:
- Draw an individual line on the time that you specify
- Draw a rectangle area between two times that you specify
- Add multiple sessions or lines adding the indicator multiple times
- You can exclude the drawing in some days of the week
- Highlight with different colours of your preference
- Spot highs and lows of the sessions
The indicator will scan the chart and take care of the highlights.
This can help in seeing visually if the entries or exits could be profitable.
It can also help spotting behaviours happening in some time of the day.
MT5 Trading Session Time Indicator Installation
To install the indicator please follow the instructions below:
- Download the indicator file
- Open the Metatrader Data Folder (In File > Open Data Folder)
- Open the MQL5 Folder
- Copy the file in the Indicators Folder
- Restart Metatrader
For more detailed instruction on how to perform the installation please visit this article.
Please feel free to leave a feedback regarding the indicator or Contact Us for anything else.