Time and Price Scale Control for MT4/MT5 Charts
Info
The Time and Price Scale Control for MT4/MT5 Charts is a Script for MetaTrader 5 that the script offers a solution to optimize screen space when displaying multiple charts in a tiled layout. When you have several charts open, the time and price scales can occupy a significant portion of the screen:By utilizing this script, you can hide the time and price scales, resulting in a more efficient use of space:This example demonstrates the impact on six charts.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Scripts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Time and Price Scale Control for MT4/MT5 Charts
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
The script offers a solution to optimize screen space when displaying multiple charts in a tiled layout.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Script works on MetaTrader 5. Place the file in the MQL5/Scripts folder and restart the terminal.
Description & Settings
Related: Kalman Filter: Exact Diffuse Initialization for Local Level and Time-Varying Hedge Ratio Models - another powerful script for MetaTrader 5 traders.
The script offers a solution to optimize screen space when displaying multiple charts in a tiled layout.Also recommended: Clock Diagnostic: Identifying Time Current() Freezes and Step Backwards - similar script with strong performance on MetaTrader 5.
When you have several charts open, the time and price scales can occupy a significant portion of the screen:
By utilizing this script, you can hide the time and price scales, resulting in a more efficient use of space:
This example demonstrates the impact on six charts. With an increased number of charts, the space-saving benefits become even more apparent.
Video demonstration:
You may also like: Understanding MQL5 Timestamps: Server Time, UTC, and Data Export - excellent alternative for script users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property script_show_inputs
input bool date_scale =false; // showing the time scale on a chart
input bool price_scale =false; // showing the price scale on a chart
input bool apply_to_all =true; // apply for all/single charts.......
⚠ 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.