Loong Clock Indicator
Info
The Loong Clock Indicator is a Expert Advisor for MetaTrader 5 that a simple clock indicator for metatrader 4/5, allowing you to display gmt, server, or local time on your charts. This indicator provides a straightforward way to keep track of different time zones directly on your trading platform.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Loong Clock Indicator
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
A simple clock indicator for MetaTrader 4/5, allowing you to display GMT, SERVER, or LOCAL time on your charts.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Fine Clock - another powerful expert for MetaTrader 5 traders.
A simple clock indicator for MetaTrader 4/5, allowing you to display GMT, SERVER, or LOCAL time on your charts.This indicator provides a straightforward way to keep track of different time zones directly on your trading platform.
Also recommended: Exp Trend Intensity Index - similar expert with strong performance on MetaTrader 5.
Code Implementation:
- Declare an ENUM_TIME_FUNC variable inp_tf and initialize it with the desired time function (e.g., TIME_FUNC_LOCAL).
- Create an instance of the CLoongClock class named c1.
- In the OnInit function:
- Set a timer with a 1-second interval using EventSetTimer(1).
- Call c1.SetTimeFunc(inp_tf) to set the time function for the clock.
- Return 0 to indicate successful initialization.
- In the OnDeinit function, stop the timer using EventKillTimer().
- Implement the OnTimer function to update the clock and redraw the chart:
- Call c1.Timer() to update the clock.
- Use ChartRedraw() to refresh the chart display.
This indicator is a useful tool for traders who need to monitor multiple time zones simultaneously, ensuring accurate timing for trading decisions.
You may also like: breakdown - excellent alternative for expert users on MetaTrader 5.
⚠ 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.