Skip to content
All library documents

Trading Time Windows with a Start and Stop Indicator

Article MQL5 code base
Read the original

Summary

The document describes an indicator that marks the hours during which a manual intraday trading system may operate. A trader sets a start time and a stop time, and the indicator draws that interval as a rectangle on the chart. Its stated purpose is to make the permitted trading period visible.

The example says a system might become flat at 8 a.m., block new trades after 8 p.m., and forcibly close any positions still open then. The rectangle’s colors and fill can be adjusted for different chart schemes. The document explains the display feature but gives no tested trading results, rules for choosing appropriate hours, or guidance on handling time zones and sessions. It is therefore a charting aid for implementing a schedule, rather than evidence that a particular trading window is profitable.

Key ideas

  • The indicator draws a chart rectangle between configured trade start and stop times.
  • A schedule can bar new trades after the stop time and close any remaining positions.
  • Rectangle colors and fill can be customized to suit chart color schemes.
  • The document provides no performance evidence or method for selecting the trading hours.

Tags

Execution

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