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Custom Time Frame Chart Expert for MetaTrader 5 - Free Download [TradingFinder]

author EAcpu | 7 reads | 0 comments |

Custom Time Frame Charts Expert Advisor creates custom trading symbols and uses a quote database to generate precise candlesticks based on secondary data.

Rather than relying on minute or hour-based time frames, this tool utilizes real-time market traffic to build candlesticks with precise time intervals.

Its ability to create charts on a time range of 1 to 900 seconds makes it a powerful solution - this functionality is not available in MetaTrader 5 itself and can only be accessed through custom tools such as this EA.

Custom time range chart indicator table

The following table outlines the specifications of custom time range charts for Expert Advisors in the MetaTrader 5 platform.

Indicator categories: Trading Assistant MT5 Indicators
Expert Advisors (EA) in MT5
Platforms: MetaTrader 5 Indicators
Trading Skills: Elementary
Time frame: Multi Time Frame MT5 Indicators
Trading Tools: Forex MT5 Indicators Cryptocurrency MT5 Indicators Stock MT5 Indicators

Overview of Custom Time Range Chart Indicators

Custom Time Frame Chart EA is designed around custom symbols and operates based on quote data processing in independent symbol instances.

The execution process of this EA is as follows:

#1 Scale Data Collection

The EA captures real-time tick data (the smallest unit of price change). This data is recorded with high accuracy and stored in an internal quotation database.

#2 Second-based candle generation

Based on the user's input (for example, T5 means 5 second candle), the EA aggregates the quote data and generates candles for each desired custom time frame using the four standard OHLC prices (Open, High, Low and Close).

#3 Create custom symbols

The generated data is registered as a custom trading symbol in the "Market Watch" list, which behaves like a native instrument on the trading tool platform.

#4 Render custom charts

The final chart is displayed independently, supporting full use of indicators, expert advisors and all analytical tools without limitations.

Displaying the list of symbols in the Expert Advisor Custom Timeframes Chart
View of the custom symbol expert created on each time frame in the Custom Time Range Chart Expert

Steps to add custom time range chart EA in MetaTrader 5

To add a custom timeframe chart EA, follow these steps:

  • From the toolbar, go to View and select Navigator
  • In the "Expert Advisors" section, select the desired EA and run it on the chart
  • In the EA's settings window, enter your preferred list of custom timeframes.

After the EA is activated, a control panel with time buttons (for example, T1, T5 and T15) will appear on the chart. Selecting each button will generate a new chart based on the selected custom time range.

Note : The timeframe of the base chart does not matter in this tool as the EA will generate a completely new independent chart with the custom timeframe.

Running the Custom Timeframes Chart EA
Steps to add custom time range chart EA in MetaTrader 5

Custom time range chart EA settings

The image below shows the settings panel of a custom timeframe chart EA in MetaTrader 5:

Custom Timeframes Chart EA Settings
Editable Settings Panel View of Custom Time Range Chart EA in MetaTrader 5
  • Time Range 1 (in seconds) : The first time range (in seconds)
  • Time Range 2 (in seconds) : The second time range (in seconds)
  • Time Range 3 (in seconds) : The third time range (in seconds)
  • Time Range 4 (Seconds) : The fourth time range (in seconds)
  • Time Range 5 (Seconds) : The fifth time range (in seconds).

Conclusion

The Custom Time Range Chart EA uses tick data from MetaTrader 5 and custom symbols to generate precise candlestick charts on non-standard (especially second-based) time frames.

Its support for fast data feeds makes it perfect for implementing trading strategies such as scalping, time-sensitive analysis and high-precision market modeling.

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