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Time_Candle_Custom - MetaTrader 5 Script - MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |

Time_Candle_Custom - indicator for MetaTrader 5

The indicator draws candles every day at a specified time with the color corresponding to its direction.

Time_Candle_Custom - indicator for MetaTrader 5

Figure 1. Time_Candle_Custom indicator


Attachment download

📎 time_candle_custom.mq5 (18.35 KB)

Source: MQL5 #22981

Time_Candle_Custom - MetaTrader 5 script usage and filtering suggestions

Time_Candle_Custom - MetaTrader 5 script is a resource related to Forex 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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