An indicator has been developed to display the names of the days of the week directly on financial charts using text labels. Users can customize the settings via input parameters. This feature can enhance chart readability and provide temporal context. By aligning analysis with specific weekdays, traders and developers can streamline their review process. The integration of these labels into the chart interface can support more precise timing in strategy testing and historical data analysis. Such a tool can be beneficial for those needing to correlate trading patterns or events with day-specific data within technical analysis frameworks.
#MQL4 #MT4 #Indicator #Chart

Read more...

Candlestick charts with integrated ask and bid price visualization provide comprehensive insights into market dynamics. The chart connects the high of the candle to the ask price if it surpasses the current high, ensuring no price or spread data is obscured. The bid price, often equated with the close price, is also integrated into the logic, connecting the low of the candle to the bid price when it falls lower. Given that the ask price consistently exceeds the bid price, this connection method is rational. This approach enhances price transparency by visually representing the ask line on the chart. Such detailed visualization aids in better market analysis and decision-making.

👉 Read | Forum | @mql5dev

#MQL5 #MT5 #Chart