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Re: MT4 Indicator requests and ideas

Posted: Tue Nov 18, 2025 12:10 pm
by calisto77
BeatlemaniaSA wrote: Mon Nov 17, 2025 8:27 pm Dude,

Maybe learn to use AI to express your ideas? Learn to ask the right questions.

Done by GROK in a couple of seconds. It may not be absolutely perfect, but a great place to start.

Question: Grok, can you make an MT4 indicator that will highlight the open, close, high and low of the 6am GMT candle every day?

Here's a clean and efficient MT4 custom indicator that will automatically highlight the **daily 6:00 AM GMT candle** (which is the first full candle after the typical Forex daily rollover).

This indicator draws:
- A rectangle covering the full High-Low range of the 6 AM GMT candle
- Horizontal lines for Open and Close prices
- Labels showing O, H, L, C values
- Works on any timeframe (even M1) and updates automatically each day

### Indicator Name: Daily_6AM_GMT_Candle_Highlighter.mq4

Code: Select all

#property copyright "Grok @ xAI - 2025"
#property link      "https://x.ai"
#property version   "1.00"
#property strict
#property indicator_chart_window

// Input parameters
input color   RectangleColor   = clrDarkOrange;   // Color of the high-low rectangle
input color   OpenCloseColor   = clrWhite;        // Color of Open/Close lines
input int     RectangleOpacity = 15;             // 0-255 (lower = more transparent)
input bool    ShowLabels       = true;            // Show O/H/L/C labels
input int     FontSize         = 9;

// Global variables
datetime lastBarDate = 0;

//+------------------------------------------------------------------+
int OnInit()
{
   IndicatorShortName("6 AM GMT Candle Highlighter");
   return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
void OnDeinit(const int reason)
{
   ObjectsDeleteAll(0, "6AM_");
}
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
                const int prev_calculated,
                const datetime &time[],
                const double &open[],
                const double &high[],
                const double &low[],
                const double &close[],
                const long &tick_volume[],
                const long &volume[],
                const int &spread[])
{
   datetime currentBarTime = time[rates_total-1];
   datetime currentDay     = currentBarTime - (currentBarTime % 86400); // Midnight GMT of today
   
   // We only need to recalculate once per day
   if(currentDay == lastBarDate) return(rates_total);
   lastBarDate = currentDay;
   
   // Clean previous objects
   ObjectsDeleteAll(0, "6AM_");
   
   // Find the 6 AM GMT candle
   datetime targetTime = currentDay + 6*3600;  // 6:00 AM GMT today
   
   int shift = iBarShift(NULL, 0, targetTime, true);
   if(shift == -1) return(rates_total); // Candle not formed yet (e.g., weekend)
   
   double o = Open[shift];
   double h = High[shift];
   double l = Low[shift];
   double c = Close[shift];
   datetime candleTime = Time[shift];
   datetime nextCandleTime = (iTime(NULL,0,shift-1) != 0) ? iTime(NULL,0,shift-1) : TimeCurrent()+PeriodSeconds();
   
   string namePrefix = "6AM_"+TimeToString(candleTime,TIME_DATE);
   
   // 1. High-Low Rectangle
   ObjectCreate(0, namePrefix+"_Rect", OBJ_RECTANGLE, 0, candleTime, h, nextCandleTime, l);
   ObjectSetInteger(0, namePrefix+"_Rect", OBJPROP_COLOR, RectangleColor);
   ObjectSetInteger(0, namePrefix+"_Rect", OBJPROP_BACK, true);
   ObjectSetInteger(0, namePrefix+"_Rect", OBJPROP_STYLE, STYLE_SOLID);
   ObjectSetInteger(0, namePrefix+"_Rect", OBJPROP_WIDTH, 1);
   ObjectSetInteger(0, namePrefix+"_Rect", OBJPROP_BACK_FILL, true);
   ObjectSetInteger(0, namePrefix+"_Rect", OBJPROP_TRANSPARENCY, 255-RectangleOpacity*255/100);
   
   // 2. Open Line
   ObjectCreate(0, namePrefix+"_Open", OBJ_HLINE, 0, 0, o);
   ObjectSetInteger(0, namePrefix+"_Open", OBJPROP_COLOR, OpenCloseColor);
   ObjectSetInteger(0, namePrefix+"_Open", OBJPROP_STYLE, STYLE_DOT);
   ObjectSetInteger(0, namePrefix+"_Open", OBJPROP_WIDTH, 1);
   
   // 3. Close Line
   ObjectCreate(0, namePrefix+"_Close", OBJ_HLINE, 0, 0, c);
   ObjectSetInteger(0, namePrefix+"_Close", OBJPROP_COLOR, OpenCloseColor);
   ObjectSetInteger(0, namePrefix+"_Close", OBJPROP_STYLE, STYLE_DOT);
   ObjectSetInteger(0, namePrefix+"_Close", OBJPROP_WIDTH, 1);
   
   // 4. Labels (optional)
   if(ShowLabels)
   {
      string labelText = StringFormat("6AM GMT\nO: %.5f\nH: %.5f\nL: %.5f\nC: %.5f", o,h,l,c);
      ObjectCreate(0, namePrefix+"_Label", OBJ_TEXT, 0, candleTime + (nextCandleTime-candleTime)/2, h*1.0005);
      ObjectSetString(0, namePrefix+"_Label", OBJPROP_TEXT, labelText);
      ObjectSetInteger(0, namePrefix+"_Label", OBJPROP_COLOR, clrYellow);
      ObjectSetInteger(0, namePrefix+"_Label", OBJPROP_FONTSIZE, FontSize);
      ObjectSetString(0, namePrefix+"_Label", OBJPROP_FONT, "Arial Bold");
      ObjectSetInteger(0, namePrefix+"_Label", OBJPROP_ANCHOR, ANCHOR_TOP);
   }
   
   ChartRedraw();
   return(rates_total);
}
### How to install:
1. Open MetaEditor (in MT4: Tools → MetaQuotes Language Editor)
2. File → New → Indicator → From template → Next → Name it `Daily_6AM_GMT_Candle_Highlighter`
3. Replace all code with the one above
4. Compile (F7) – no errors should appear
5. Restart MT4 or refresh the Navigator
6. Drag the indicator onto any chart

### Features:
- Works on any symbol and any timeframe
- Automatically finds the correct 6 AM GMT candle every day
- Skips weekends
- Very lightweight (only updates once per day)
- Customizable colors and transparency
wow! that sounds good-- I'll keep that in mind
thanks for your help

Re: MT4 Indicator requests and ideas

Posted: Tue Nov 18, 2025 6:44 pm
by delp
mrtools wrote: Tue Nov 18, 2025 4:15 am Maybe something like this?
Thank you mrtools. I'll pick it up.

Re: MT4 Indicator requests and ideas

Posted: Sat Nov 22, 2025 3:32 am
by CrystalG
hello mrtools,
requesting for ur help again please.
I downloaded this indicator from mql5 site.
I think it shows max drawdown based on closed candles. is it possible to make it like plotting info based on tick by tick? the reason I'm asking is because I had trades open with -100$ floating then once they closed all in profit the indicator is showing -65$ as max drawdown. doesnt show the actual drawdown.
also, please have a look if there are any alerts in it and if there are then please kindly remove them.

for some reason I coudnt attach the file itself directly so I had to compress it then it worked.

Re: MT4 Indicator requests and ideas

Posted: Sat Nov 22, 2025 5:33 am
by mrtools
CrystalG wrote: Sat Nov 22, 2025 3:32 am hello mrtools,
requesting for ur help again please.
I downloaded this indicator from mql5 site.
I think it shows max drawdown based on closed candles. is it possible to make it like plotting info based on tick by tick? the reason I'm asking is because I had trades open with -100$ floating then once they closed all in profit the indicator is showing -65$ as max drawdown. doesnt show the actual drawdown.
also, please have a look if there are any alerts in it and if there are then please kindly remove them.

for some reason I coudnt attach the file itself directly so I had to compress it then it worked.
Removed the alerts that I could find as far as the rest not completely sure maybe someone else knows an easy fix.

ps) for some reason getting an error with the attachment will upload once that is fixed.

Re: MT4 Indicator requests and ideas

Posted: Sat Nov 22, 2025 8:54 pm
by pyloop
hallo, Is it possible to have the volume profile with a 2-hour range period? there is a big difference between working with h1 or h4. i checked the file but i can t
thanks coders and envelopers
piero from trieste

Re: MT4 Indicator requests and ideas

Posted: Sat Nov 22, 2025 10:29 pm
by mrtools
mrtools wrote: Sat Nov 22, 2025 5:33 am Removed the alerts that I could find as far as the rest not completely sure maybe someone else knows an easy fix.

ps) for some reason getting an error with the attachment will upload once that is fixed.
Was able to upload!

Re: MT4 Indicator requests and ideas

Posted: Mon Nov 24, 2025 7:15 am
by cladi53
Hello Mrtools and crew, i need your assistance, Can you give to this indi the option to change the type off line? like dotted line . Thanks soo much

Re: MT4 Indicator requests and ideas

Posted: Mon Nov 24, 2025 7:27 am
by kvak
cladi53 wrote: Mon Nov 24, 2025 7:15 am Hello Mrtools and crew, i need your assistance, Can you give to this indi the option to change the type off line? like dotted line . Thanks soo much
Try...

Re: MT4 Indicator requests and ideas

Posted: Mon Nov 24, 2025 7:31 am
by cladi53
kvak wrote: Mon Nov 24, 2025 7:27 amTry...
Thanks soo much. Work perfect.

Re: MT4 Indicator requests and ideas

Posted: Tue Nov 25, 2025 6:06 pm
by cinemachild90
Hi,

I have one request: could you please modify this indicator so that it shows arrows on the chart every time there is a crossover?

Thank you in advance and all the best.