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bar numbers
Info
The bar numbers is a Indicator for MetaTrader 4 that displays the number of each bar - both, relative to the most current bar and in absolute terms from the beginning of the chart. the text above the candle describes the candles position relative to the current candle, while the text below the candle stands for its position measured from the beginning of the chart.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use bar numbers
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
displays the number of each bar - both, relative to the most current bar and in absolute terms from the beginning of the chart.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: daily percentage change indicator - another powerful indicator for MetaTrader 4 traders.
displays the number of each bar - both, relative to the most current bar and in absolute terms from the beginning of the chart.
Also recommended: zm f x all pivot levels indicator - similar indicator with strong performance on MetaTrader 4.
the text above the candle describes the candles position relative to the current candle, while the text below the candle stands for its position measured from the beginning of the chart.features
fast performance. it only creates objects where the user can see them and deletes it right away where he can't. this makes this indicator lightning fast.
script is very light and easy to modify. feel free to change it according to your needs.
example from the right edge of the chart:
this time from the beginning of the chart. naturally, the absolute numbering starts with 0 here:
You may also like: zero lag timer - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#property indicator_chart_window
int firstbar;
int lastbar;
int oninit()
{
firstbar = bars-1-(int)chartgetinteger(0, chart_first_visible_bar);.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.