TimeZone
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This script is designed as a specialized dashboard for MetaTrader 4 that provides a real-time overview of global market hours and server times. It serves as a visual companion for traders who need to monitor multiple geographic regions simultaneously without constantly switching time zones manually.
Core Functionality
The primary purpose of this tool is to display a synchronized clock system on your trading chart. Instead of showing just one time, it calculates and displays the current local time for several major global financial hubs, including:
- Home Time: Your local computer's current time.
- New York (Dollar): The primary hub for USD-related trading.
- London (Cable): The key market for GBP and European currencies.
- Tokyo (Yen): The primary Asian market for JPY-related trading.
- Sydney (Aussie): The major Australian trading hub.
- Server Time: The actual time provided by your broker's trading server.
Visual Logic and Alerts
The script uses a clever visual cue system to help traders identify active trading opportunities at a glance:
- Dynamic Color Coding: The script automatically detects if a specific market is currently within its standard "active" trading session (for example, 08:00 to 17:00 for most regions).
- Visual Feedback: When a market is "Open," the corresponding time label on your screen changes color (defaulting to Red). When the market is "Closed," it reverts to a neutral standard color (defaulting to Blue). This allows you to see exactly which markets are live without having to do any manual mental math.
- Customizable Display: Users can adjust the font style, size, and the specific corner of the chart where the information appears, ensuring that the dashboard does not obstruct the price action on your charts.
Key Features for Traders
- Automatic Time Conversion: The script handles all the complex math required to convert your local time into the specific offsets for different continents.
- Clean Interface: It creates organized labels stacked vertically, providing a "control center" feel for your workspace.
- Efficiency: By keeping these times visible at all times, it reduces the risk of entering trades during illiquid hours or missing major sessions in different time zones.
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TimeZone
//+------------------------------------------------------------------+
//| Arif Endro Nugroho.mq4 |
//| Copyright © 2009, Arif Endro Nugroho <arif_endro@yahoo.com> |
//| http://www.vectra.web.id |
//| Last updated: 2009.09.10 19:30 GMT+7 |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2009, Arif E. Nugroho <arif_endro@yahoo.com>"
#property link "http://www.vectra.web.id"
#property indicator_chart_window
//---- input parameters
extern int corner=0;
extern int xdis=5;
extern int ydis=20;
extern string Font="Lucida Console";
extern int FontSize=8;
extern color FontColor=Blue;
extern color FontColorMarketOpen=Red;
extern int timezone=7;
extern bool back=0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
ObjectDelete("Home");
ObjectCreate("Home" , OBJ_LABEL, 0, 0, 0);
ObjectSet ("Home" , OBJPROP_BACK, back);
ObjectSet ("Home" , OBJPROP_CORNER, corner);
ObjectSet ("Home" , OBJPROP_XDISTANCE, xdis);
ObjectSet ("Home" , OBJPROP_YDISTANCE, ydis);
ObjectDelete("Dollar");
ObjectCreate("Dollar", OBJ_LABEL, 0, 0, 0);
ObjectSet ("Dollar", OBJPROP_BACK, back);
ObjectSet ("Dollar", OBJPROP_CORNER, corner);
ObjectSet ("Dollar", OBJPROP_XDISTANCE, xdis);
ObjectSet ("Dollar", OBJPROP_YDISTANCE, ydis + 10);
ObjectDelete("Cable");
ObjectCreate("Cable" , OBJ_LABEL, 0, 0, 0);
ObjectSet ("Cable" , OBJPROP_BACK, back);
ObjectSet ("Cable" , OBJPROP_CORNER, corner);
ObjectSet ("Cable" , OBJPROP_XDISTANCE, xdis);
ObjectSet ("Cable" , OBJPROP_YDISTANCE, ydis + 20);
ObjectDelete("Yen");
ObjectCreate("Yen" , OBJ_LABEL, 0, 0, 0);
ObjectSet ("Yen" , OBJPROP_BACK, back);
ObjectSet ("Yen" , OBJPROP_CORNER, corner);
ObjectSet ("Yen" , OBJPROP_XDISTANCE, xdis);
ObjectSet ("Yen" , OBJPROP_YDISTANCE, ydis + 30);
ObjectDelete("Aussie");
ObjectCreate("Aussie", OBJ_LABEL, 0, 0, 0);
ObjectSet ("Aussie", OBJPROP_BACK, back);
ObjectSet ("Aussie", OBJPROP_CORNER, corner);
ObjectSet ("Aussie", OBJPROP_XDISTANCE, xdis);
ObjectSet ("Aussie", OBJPROP_YDISTANCE, ydis + 40);
ObjectDelete("Server");
ObjectCreate("Server", OBJ_LABEL, 0, 0, 0);
ObjectSet ("Server", OBJPROP_BACK, back);
ObjectSet ("Server", OBJPROP_CORNER, corner);
ObjectSet ("Server", OBJPROP_XDISTANCE, xdis);
ObjectSet ("Server", OBJPROP_YDISTANCE, ydis + 50);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
ObjectDelete("Home");
ObjectDelete("Cable");
ObjectDelete("Dollar");
ObjectDelete("Yen");
ObjectDelete("Aussie");
ObjectDelete("Server");
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
color FontColorDayPercentGain = Silver;
color FontColorWeekPercentGain = Silver;
color FontColorMonthPercentGain = Silver;
// New York = GMT-5, London = GMT+0, Tokyo = GMT+9, Sydney = GMT+10
string InfoHome = "Home.....: " + TimeToStr(TimeLocal(), TIME_DATE | TIME_SECONDS);
string InfoUSD = "New York.: " + TimeToStr(TimeLocal() + ((- 4 - timezone) * 3600), TIME_DATE | TIME_SECONDS);
string InfoGBP = "London...: " + TimeToStr(TimeLocal() + (( 0 - timezone) * 3600), TIME_DATE | TIME_SECONDS);
string InfoJPY = "Tokyo....: " + TimeToStr(TimeLocal() + (( 9 - timezone) * 3600), TIME_DATE | TIME_SECONDS);
string InfoAUD = "Sydney...: " + TimeToStr(TimeLocal() + (( 11 - timezone) * 3600), TIME_DATE | TIME_SECONDS);
string InfoServer = "Server...: " + TimeToStr(TimeCurrent(), TIME_DATE | TIME_SECONDS);
//----
// London local session...: 08.00 - 17.00
// New York local session.: 08.00 - 17.00
// Tokyo local session....: 09.00 - 18.00
// Sydney local session...: 08.00 - 17.00
if (TimeHour(TimeLocal()) >= 8 && TimeHour(TimeLocal()) < 17 && TimeDayOfWeek(TimeLocal()) > 0 && TimeDayOfWeek(TimeLocal()) < 6 )
ObjectSetText("Home" , InfoHome, FontSize, Font, FontColorMarketOpen);
else
ObjectSetText("Home" , InfoHome, FontSize, Font, FontColor);
if (TimeHour(TimeLocal() + ((- 4 - timezone) * 3600)) >= 8 && TimeHour(TimeLocal() + ((- 4 - timezone) * 3600)) < 17 && TimeDayOfWeek(TimeLocal() + ((- 4 - timezone) * 3600)) > 0 && TimeDayOfWeek(TimeLocal() + ((- 4 - timezone) * 3600)) < 6 )
ObjectSetText("Dollar", InfoUSD, FontSize, Font, FontColorMarketOpen);
else
ObjectSetText("Dollar", InfoUSD, FontSize, Font, FontColor);
if (TimeHour(TimeLocal() + (( 0 - timezone) * 3600)) >= 8 && TimeHour(TimeLocal() + (( 0 - timezone) * 3600)) < 17 && TimeDayOfWeek(TimeLocal() + (( 0 - timezone) * 3600)) > 0 && TimeDayOfWeek(TimeLocal() + (( 0 - timezone) * 3600)) < 6 )
ObjectSetText("Cable" , InfoGBP, FontSize, Font, FontColorMarketOpen);
else
ObjectSetText("Cable" , InfoGBP, FontSize, Font, FontColor);
if (TimeHour(TimeLocal() + (( 9 - timezone) * 3600)) >= 9 && TimeHour(TimeLocal() + (( 9 - timezone) * 3600)) < 18 && TimeDayOfWeek(TimeLocal() + (( 9 - timezone) * 3600)) > 0 && TimeDayOfWeek(TimeLocal() + (( 9 - timezone) * 3600)) < 6 )
ObjectSetText("Yen" , InfoJPY, FontSize, Font, FontColorMarketOpen);
else
ObjectSetText("Yen" , InfoJPY, FontSize, Font, FontColor);
if (TimeHour(TimeLocal() + (( 11 - timezone) * 3600)) >= 8 && TimeHour(TimeLocal() + (( 11 - timezone) * 3600)) < 17 && TimeDayOfWeek(TimeLocal() + (( 11 - timezone) * 3600)) > 0 && TimeDayOfWeek(TimeLocal() + (( 11 - timezone) * 3600)) < 6 )
ObjectSetText("Aussie", InfoAUD, FontSize, Font, FontColorMarketOpen);
else
ObjectSetText("Aussie", InfoAUD, FontSize, Font, FontColor);
ObjectSetText("Server", InfoServer, FontSize, Font, FontColor);
//----
return(0);
}
//+------------------------------------------------------------------+
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