Indicator showing the opening price of the day - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources
Lines open daily. This indicator draws a line on the chart from the beginning of the day with a time frame of H1 or below. The start time of the day can be set in the input parameters.
It has only one input parameter:
Figure 1 Start time of the day = 0, H1
Figure 2 Day start time = 0, M30
Figure 3 Day start time = 6, H1
Figure 4 Day start time = 6, M30
Attachment download
📎 daily_open_line.mq5 (6.98 KB)
Source: MQL5 #19792
Indicators that display the opening price of the day - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Indicators that display the opening price of the day - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are related to foreign exchange indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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