What Are Vertical Time Lines?
If you're looking to boost your trading game, Vertical Time Lines in MetaTrader 4 can be a game-changer. This handy indicator allows you to set up to six vertical lines at specific times, giving you the power to visually mark important moments in your trading day.
Key Features
- Draws up to six vertical lines at designated times.
- Each line can be repeated historically for better planning.
- Time format is straightforward: hh:mm.
- The default setting for historical days is 50, but feel free to increase it if needed—just keep in mind that older hardware might struggle with higher numbers.
How Can You Use Vertical Time Lines?
Here are some practical applications:
- Mark the opening and closing times of trading sessions.
- Highlight the times for regular news releases.
- Indicate any other significant timings relevant to your trading strategy.
Important Notes
- If you set a Vertical Time Line at 09:30 on a timeframe of M30 or lower, it will display as 09:30, since each candle opens at that time.
- However, if you’re on an H1 timeframe or higher, it will display as 09:00 because 09:30 falls within the 09:00 - 10:00 candle.
Customizing Your Vertical Time Lines
Comment: The current setup accommodates six vertical lines. If you need more, just repeat the relevant code blocks and rename them accordingly.
Edit Default Inputs
To permanently modify the default settings, you can edit the code below:
- Change settings for Line_x_Color (like DodgerBlue, etc.), Line_x_Visible (true or false), Line_x_Time (08:30, etc.), Line_x_Width (1, 2, 3, 4, or 5), and Line_x_Style (0=solid, 1=dash, 2=dotted, 3=dash & dot, 4=double dotted dash & dot).
- For a basic guide on editing, check out this resource.
- Find MQL4 color names and references here.
// DEFAULT INPUTS : START //----------------------------------------------------- input int Historical_Days = 50; // Historical days input color Line_1_Color = DodgerBlue; // Line 1 Color input bool Line_1_Visible = true; // Line 1 Visible input string Line_1_Time = "08:00"; // Line 1 Time input LW Line_1_Width = 1; // Line 1 Width input ENUM_LINE_STYLE Line_1_Style = 2; // Line 1 Style input color Line_2_Color = DodgerBlue; // Line 2 Color input bool Line_2_Visible = true; // Line 2 Visible input string Line_2_Time = "09:00"; // Line 2 Time input LW Line_2_Width = 1; // Line 2 Width input ENUM_LINE_STYLE Line_2_Style = 2; // Line 2 Style input color Line_3_Color = Magenta; // Line 3 Color input bool Line_3_Visible = false; // Line 3 Visible input string Line_3_Time = "10:00"; // Line 3 Time input LW Line_3_Width = 1; // Line 3 Width input ENUM_LINE_STYLE Line_3_Style = 2; // Line 3 Style input color Line_4_Color = Magenta; // Line 4 Color input bool Line_4_Visible = false; // Line 4 Visible input string Line_4_Time = "11:00"; // Line 4 Time input LW Line_4_Width = 1; // Line 4 Width input ENUM_LINE_STYLE Line_4_Style = 2; // Line 4 Style input color Line_5_Color = DarkOrange; // Line 5 Color input bool Line_5_Visible = false; // Line 5 Visible input string Line_5_Time = "12:00"; // Line 5 Time input LW Line_5_Width = 1; // Line 5 Width input ENUM_LINE_STYLE Line_5_Style = 2; // Line 5 Style input color Line_6_Color = DarkOrange; // Line 6 Color input bool Line_6_Visible = false; // Line 6 Visible input string Line_6_Time = "13:00"; // Line 6 Time input LW Line_6_Width = 1; // Line 6 Width input ENUM_LINE_STYLE Line_6_Style = 2; // Line 6 Style //----------------------------------------------------- // DEFAULT INPUTS : END
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