Identify the potential best TIME To Trade (Improve your Strategy) – MT5 – script MetaTrader 5
by
INTRODUCTION :
Have you notice that the market really moves during a specific time of the day ? Let’s not forget that when the market really moves we can actually make some decent profit. So if you would like to know the best time to trade the market, this is the script that will identify these times for you.
For day traders, this is one of the important thing to consider in order to improve our strategy by calculating on average how much an asset moves, in which it will allow us to identify the best TIME during the day to trade when the market moves the most as well
HOW TO USE IT :
You can check the following video that will explain how to
install and run the script,
analyze historical data and convert it into a column chart
This script has 1 input, which is the number of trading days.
OTHER TRADING TOOLS:
1. I’ve already published a script 2 highly important indicators to turn your strategy into a winning strategy (https://www.mql5.com/en/code/31709).
You can check also the following video on that will explain how to
The Starting Date: to set the range of our analysis from a starting date till now.
The Win/Loss Ratio: by defaut, it is set to 40% and
The Reward/Risk Ratio: by default, it is set to 2.
2. I’ve already published a script on best day to trade (https://www.mql5.com/en/code/31468).
You can check also the following video on that will explain how to
install and run the script,
analyze historical data and convert it into a column chart
Identify potential Trends/Range (Pivot Points) +… INTRODUCTION: The story behind this indicator is really interesting. I've published last week a script called "Identify potential Trends/Range (Pivot…
