The Days of Week Forex indicator for Metatrader 5 shows the weekdays on the activity chart and updates the information every day.
You can also enable the indicator to show the name of the month.
You can modify the following parameters and settings: hours offset, show days numbers, day label color, fonts, month label color.
Make yourself familiar with this technical indicator and test it first on a demo account.
It supports all time frames and Forex pairs.
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Day_Of_Week_Lables.mq5 Indicator (MT5)
Chart Example
The following chart shows what the Days of Week indicator looks like when applied to the MT5 chart.
How To Buy And Sell Forex Pairs With The Days of Week Indicator?
The Days of Week indicator does not provide any trading signals.
Please combine with other technical indicators or with an existing trading system of your preference.
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Day_Of_Week_Lables.mq5 Indicator (MT5)
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the Day_Of_Week_Lables.mq5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
How Do I Edit This Indicator?
- Click in the open chart with your right mouse button
- In the dropdown menu, click on Indicator List
- Select the indicator and click on properties
- Now you can edit the inputs, colors, levels, scale and visualization
- Finally click the OK button to save the new configuration