The Forex Market Hours indicator for MT4 displays the currency market hours in GMT time.
Moreover, the indicator displays all market sessions in one handy to read window:
Sydney, Tokyo, Frankfurt, London and New York.
London and New York are the most volatile market sessions, they are the best market sessions for scalping and day trading.
The EUR/USD 1-Hour chart below displays the Forex Market Hours Metatrader 4 indicator in action.
Basic Trading Signals
No signals from the Forex Market Hours MT4 indicator.
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: market hours
Copy and paste the forex-market-hours-gmt.ex4 into the MQL4 indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)