MetaTrader Crosshair Indicator for Price Change and Elapsed Time

Summary

This document describes a chart indicator for MetaTrader that extends the standard crosshair with two readings: the percentage difference between selected price points and the elapsed time between them. Time is displayed in familiar units such as hours, minutes, or days rather than only as a count of chart bars. The stated purpose is to make distance and duration easier to interpret while inspecting a price chart.

The instructions say to add the indicator to a chart and activate the crosshair with the middle mouse button; the described behavior is not triggered by the listed keyboard shortcut. The author says it is designed for MetaTrader 5 and may also work with MetaTrader 4, but gives no validation details, examples, screenshots, or accuracy evidence. It is a chart-reading aid rather than a trading strategy, and the document does not specify how percentage changes are calculated or how results behave across chart time zones and instrument formats.

Key ideas

• The indicator adds percentage price difference and elapsed time to a chart crosshair.
• Elapsed time is displayed in human-readable units instead of only in bars.
• The instructions activate the feature with the chart’s middle mouse button.
• The document claims MetaTrader 5 support and possible MetaTrader 4 compatibility but provides no test evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.