bar timer
Info
The bar timer is a Indicator for MetaTrader 4 that the bartimer indicator displays financial information and trading session schedules, occupying minimal space on the chart. it can be customized with various display options, including colors and parameters.
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 timer
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
the bartimer indicator displays financial information and trading session schedules, occupying minimal space on 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: zero lag timer - another powerful indicator for MetaTrader 4 traders.
the bartimer indicator displays financial information and trading session schedules, occupying minimal space on the chart. it can be customized with various display options, including colors and parameters. the indicator is most convenient in full-screen mode.Also recommended: dynamic candle timer - similar indicator with strong performance on MetaTrader 4.
bartimer slider - % of candle formation on any tf.
range of points 'high-low' covered for the instrument during the day and selected tf, with old values for the previous period m15...mn1.
trading session schedule in text format, considering summer and winter schedules (based on stocktime.ru).
spread value, next h4 period opening time, and breakeven level indication (all in one line below ohlc).
bid price, which can be set to change color based on price level or remain single-colored (three color schemes available - 1, 2, 3; 0 - do not display).
time: utc, broker, and local.
multi-currency indicator, displaying bid prices for 12 selected currency pairs in the current chart window.
account type, account number, and broker information.
available margin in % or deposit currency (1, 2; 0 - do not display).
financial information (detailed below).
visual markers for current open buy and sell positions on the chart, linked to time and price level (0 - do not display, 2 - all positions, 1 - only buy, -1 - only sell).
financial information details: number of open lots buy or sell, number of open positions buy or sell for the instrument, and profit for each direction.
$: deposit balance; m: available margin; total open positions (including pending orders) / total open lots on the deposit
profit: total profit for the selected pair.
total: overall profit for all open positions.
all profits are calculated considering commissions and swaps.
automatic time zone detection, considering 'winter/summer' transition for trading session schedules. enable 'allow dll import' in mt4 for this feature.
selection of two-character fonts: wingdings and wingdings2 - for displaying the number of open positions for the instrument.
minor fixes, changes, and additions compared to the previous version of the bartimer indicator.
You may also like: bar timer - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property indicator_chart_window
#property indicator_buffers 0
#import "kernel32.dll"
int gettimezoneinformation(int& tzinfoarray[]);
#import
extern bool .. = false; // .
extern bool bartimer = true; // bartimer.
extern bool = true; // .
extern bool = true; // ........
⚠ 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.