Timeless Charts — MetaTrader 5 Utility — Guide
Timeless Charts is a MetaTrader 5 utility that builds customized value charts from tick knowledge, permitting you to work with non-standard aggregations corresponding to seconds, tick, quantity, vary, renko, kagi, line break, and level & determine. It additionally helps superior chart visualization modes (together with cluster/footprint-style views) plus built-in indicators, drawings, chart synchronization for drawings and crosshairs, and replay for evaluation and guide buying and selling.
Product web page: Timeless Charts on MQL5 Market
This guide is a sensible information to put in, configure, and use Timeless Charts.
Contents
1) Necessities · 2) Set up · 3) Interface Overview · 4) Fast Begin · 5) Worth Charts · 6) Drawing Instruments · 7) Indicators · 8) Market Replay · 9) Cluster / Footprint & Bars Statistics
- This software can’t be examined in Technique Tester (requires UI interplay and tick historical past operations).
- It’s primarily meant for guide evaluation/buying and selling; it’s not designed as a data-feed for different EAs.
1) Necessities
- MetaTrader 5
- Image with tick historical past out there (high quality relies on dealer’s tick knowledge)
- Sufficient disk house for tick downloads / caching (varies by image and interval)
2) Set up
- Set up from MQL5 Market and restart MetaTrader 5 if wanted.
- Open any chart of the image you wish to analyze.
- Connect Timeless Charts to the chart.
Screenshot: Attaching Timeless Charts
Tip: use clear labels and spotlight the menu path within the screenshot caption.
3) Interface Overview
Timeless Charts makes use of a customized charting interface. This part explains every seen element and the way the person interacts with it.
3.1 Title Bar
The title bar is situated on the high of the appliance window and gives entry to world configuration and instruments.
- Program Icon and Title
Shows the appliance icon and the title Timeless Charts. - Theme
Opens a menu to configure visible look, together with chart theme and cluster/footprint coloration choices. - Historical past
Opens a dialog to configure historical past depth and choose the value chart kind. - Indicators
Opens a dialog to connect, edit, or take away indicators utilized to the chart. - Drawings
Opens a dropdown menu containing bulk operations and the checklist of drawing instruments. - Templates
Permits saving and loading templates (chart kind, cluster settings, indicators, drawings). - Replay
Opens the replay dialog to work in a replay atmosphere utilizing historic knowledge. - Utility Buttons
Maximize, decrease, restore, or shut (removes Timeless Charts from the chart).
Screenshot: Title bar and menus
3.2 Chart Window
The chart window is constructed from numerous elements.
- Foremost Chart Subwindow
Shows the value chart and permits attaching indicators/drawings and managing trades/orders immediately on the chart. - Indicator Subwindows
Some indicators are displayed in separate subwindows beneath the principle chart. - Worth / Worth Scales
Vertical scales used to characterize value or indicator values. - Date / Time Scale
Horizontal scale displayed on the backside of the chart. - Worth Scale Mode Selector
Auto, Guide, Heart. Is situated on the right-top nook, hover the value scale. - Navigation Buttons
Zoom In, Zoom Out, Scroll to present bar/candle/value. Is situated on the right-bottom nook on the finish of the date/time scale. - Horizontal Scrollbar
Seems when bars/candles overflow the width of the chart. - Subwindow Separators
Drag separators to regulate indicator subwindow heights. - Proper Offset Management
Drag the triangle to offset plots from the precise border (as much as 50% width) - Cluster / Footprint Background
A background layer rendered behind the value bars/candles, displaying volume-by-price data utilizing textual content and/or coloured cells (and elective mini-profiles), relying on the chosen parameters.
His visibility relies on the zoom stage. When the zoom is much less it might show solely value chart (candles / bars). To disclose the footprint improve the zoom utilizing the important thing plus (+) or urgent the zoom in button. - Bars Statistics Panel
A table-like panel displayed on the backside of the principle chart, exhibiting bar-level statistics corresponding to whole quantity, delta, trades depend, and different order-flow metrics.
Screenshot: Chart window elements
3.3 Mouse Interplay
Mouse interplay relies on the aspect below the cursor.
Chart
- Worth scale drag
Drag value scale to regulate min/max. - Time scale drag
Drag time scale to vary bar/candle width. - Chart drag (scroll)
Drag inside subwindow to scroll left/proper. In Guide scale mode, drag can transfer in all instructions. - Navigation buttons
Zoom and scroll-to-current controls within the bottom-right nook. - Crosshair / Ruler
Center mouse button permits crosshair. Click on-drag to measure. Launch left button to exit. Press Esc to cancel. - Context Menu (Proper Click on)
Proper-click opens context menu for the aspect below the cursor.
Indicators
- Proper-click on an indicator
Context menu actions (e.g., Properties, Take away).
Drawings
- Creating drawings (anchor clicks)
Click on on chart N occasions relying on the software’s anchor factors. - Choosing and modifying drawings
When chosen, drag anchor factors to maneuver/resize/alter. - Proper-click on a drawing
Context menu actions (Properties, Delete, Foreground/Background, Choose/Deselect).
3.4 Keyboard Navigation
Navigation & Zoom
- + / – — Zoom in / Zoom out
- Finish — Scroll to present / final bar (proper)
- Dwelling — Scroll to first bar (left)
- Left / Proper — Scroll one bar/candle
- Web page Up / Web page Down — Scroll one web page left/proper
Precision Controls (Dragging & Drawings)
- X — Constrain motion horizontally (Guide drag and drawing/modifying)
- Y — Constrain motion vertically (Guide drag and drawing/modifying)
- Ctrl — Steady drawing mode (repeat similar software with out reselecting)
- Esc — Cancel present operation (drawing or dragging)
Notice
Shift and Ctrl may also be used for putting pending orders immediately from the chart (documented in Chart Buying and selling part later).
3.5 Operations hints
When performing some operations on the chart like draging the chart to scroll the bars to left / proper / up / down, creating a brand new drawing or transferring present drawings, some hints are displayed at right-bottom nook of the principle subwindow.
For instance, if you find yourself drawing a triangle and also you need the second level of triangle at similar value that the primary one, you may constraint the mouse moviment on the x axis earlier than click on to outline the second level.
In picture subsequent picture you may see the hints when making a triangle. It present details about the contraints, constinous drawings and the variety of anchor factors required for create the chosen drawing.
4) Fast Begin (first profitable customized chart)
- Choose a chart kind (e.g., Seconds or Renko).
- Change the parameters based on your setup.
- Click on “Construct / Replace” to generate the customized bars.
5) Worth Charts
This part explains how value charts are constructed and the way they’re visually displayed.
5.1 Worth Chart Aggregation / Development Varieties
Aggregation defines how bars are constructed from ticks. Parameters are configured within the Historical past dialog.
Time-based (Timeframes / Seconds)
- Rule: every bar represents a hard and fast period of time.
Base Interval — instance: Minutes (for a 5-minute chart)
Allowed: Seconds, Minutes, Hours, Days
Durations — instance: 5 (Base Interval = Minutes → 5-minute bars)
Tick-based
- Rule: every bar types after a hard and fast variety of ticks.
Depend — instance: 144 (144-tick bars)
Reset On New Day — instance: true
Quantity-based (Equi Quantity)
- Rule: every bar types after a hard and fast quantity quantity.
Depend — instance: 10000 (10k quantity bars)
Reset On New Day — instance: true
Vary-based
- Rule: every bar types when value strikes a hard and fast vary.
Vary — instance: 20 (20-tick vary bars)
Reset On New Day — instance: false
Renko
- Rule: bricks type based mostly on value motion, not time.
Parameters
Brick Dimension — instance: 10 (10-tick bricks)
Extension % — instance: 0.0 or 50.0
Reversal % — instance: 100.0 (1-brick) or 200.0 (2-brick)
Reset On New Day — instance: true
Notice: Extension and reversal is at the moment working with values from 0.0 to 1.0. Will probably be mounted in future updates.
Line Break
- Rule: new strains type when value breaks above/beneath prior strains.
Base Interval — instance: Minutes
Allowed: Seconds, Minutes, Hours, Days
Durations — instance: 5 (Minutes × 5 foundation)
Breaks — instance: 3 (3-line break)
Reset On New Day — instance: true
Kagi
- Rule: line course adjustments when value exceeds a reversal threshold.
Interval — instance: 30 (30-tick reversal threshold)
Reset On New Day — instance: false
Level & Determine
- Rule: columns type utilizing field dimension and reversal guidelines.
Field Dimension — instance: 10 (10-tick containers)
Reversal — instance: 3 (3-box reversal)
Reset On New Day — instance: true
5.2 Worth Chart plot modes
Plot kinds outline how the aggregated knowledge is rendered. Plot kinds are configured in Theme choices.
Candlestick plots
- Utilized by time-based, tick, quantity, and appropriate renko charts.
- Bars embody physique, wicks, and elective borders.
- Colours can differ for up, down, and doji bars.
Instance: Candlestick plot type
Step Line plots
- Utilized by Kagi, Line Break, and comparable chart varieties.
- Directional line rendering (yin/yang can use totally different coloration/thickness).
Instance: Kagi plot type
Image-based plots
- Utilized by Level & Determine charts.
- X for upward motion, O for downward motion.
- Every image kind has impartial coloration settings.
Instance: Level & Determine (X / O)
Theme choices
All visible facets of plots (colours, borders, wicks, line thickness, image kinds, and many others.) are configured in Theme.
Timeless Charts contains built-in drawing instruments designed to work reliably on customized charts.
- Create: choose a software, then click on the required variety of anchor factors.
- Edit: choose the drawing and drag anchor factors.
- Context menu: right-click for properties, delete, z-order, choose/deselect.
- Cancel: press Esc to cancel energetic drawing/dragging.
- Steady drawing: press Ctrl to allow / disable constinuous drawing which permits to create a number of drawing directly.
6.1 Managing Drawings
- Open properties: right-click drawing → Properties.
- Delete: right-click drawing → Delete.
- Layering (z-order): right-click drawing → transfer to background / foreground.
- Choose / deselect: use the drawing context menu (or choice habits).
GIF: Creating and modifying drawings (anchors + right-click menu)
Tip
Templates can save and restore drawings along with chart settings, indicators, and theme configuration.
7) Indicators
Timeless Charts contains built-in indicators designed to work accurately on customized charts. Indicators may be hooked up, edited, and eliminated utilizing the Indicators menu on the title bar.
- Connect: Title bar → Indicators → choose an indicator so as to add.
- Edit: right-click the indicator (or its subwindow) → Properties.
- Take away: right-click the indicator (or its subwindow) → Delete.
- Subwindows: some indicators seem in their very own subwindow beneath the principle chart.
- Resize subwindows: drag the separator between subwindows.
- Templates: templates can retailer indicators along with chart kind, drawings, and theme.
Screenshot: Indicators dialog (connect / edit / take away)
Notice
Some indicators (Market Profile, Quantity Profile, Cumulative Delta) construct knowledge progressively and should require enough historic knowledge to provide significant outcomes.
8) Market Replay
Timeless Charts features a Market Replay function that lets you replay historic market knowledge as if it had been occurring in actual time. Replay is beneficial for examine, observe, technique validation, and understanding value habits in particular market situations.
- Replays historic value motion utilizing tick knowledge.
- Helps customized chart varieties (seconds, tick, quantity, renko, and many others.).
- Permits indicators, drawings, and chart interplay throughout replay.
- Allows guide commerce simulation.
Market Replay is accessed from the Replay button within the title bar. When replay mode is energetic, chart updates are pushed by the replay engine as an alternative of dwell market knowledge.
- Replay requires historic tick knowledge for the chosen image and interval.
- Replay habits relies on the standard and completeness of the dealer’s tick knowledge.
- Replay is impartial from MetaTrader’s Technique Tester.
A whole, step-by-step rationalization of the Market Replay workflow (together with configuration, controls, and sensible examples) is out there within the devoted article beneath:
Market Replay in Timeless Charts — Detailed Information
Tip
Market Replay is very efficient when mixed with Templates, permitting you to replay the market utilizing the identical chart kind, indicators, drawings, and visible configuration utilized in your dwell evaluation.
9) Cluster / Footprint & Bars Statistics
Timeless Charts gives two complementary order-flow visualization options: Cluster / Footprint (volume-by-price inside every bar space) and a Bars Statistics panel (a desk of bar-level metrics).
- Cluster / Footprint is rendered as a background behind value bars/candles.
- Bars Statistics is a panel (desk) displayed on the backside of the principle subwindow.
- Each are visible options of the chart and are configured via the Theme choices.
9.1 Cluster / Footprint
Cluster (footprint) visualization shows volume-by-price data aligned to every bar. It’s drawn as a background layer behind the bars/candles and might use textual content and/or coloured cells (and elective mini-profiles) relying on the chosen theme configuration.
The footprints / clusters are configured with numerous parameters:
- Mixture value ranges:
Used to consolidate X value ranges in a single row. For instance, when utilizing a chart configuration like vary bars with massive worth for the brick dimension, like 200 ticks. Every means every bar has 200 value ranges to be represented within the footprint, which someday makes the peak of every row so small that’s unattainable to show the numeric values. On this case we are able to select to characterize every row because the aggregation of 10 ticks and now solely 20 rows can be draw making the show of the footprint knowledge clear. - Show volumes divided by:
in some instances the values to be represented may be very massive to suit contained in the width of the cell / candle. For instance, 1.500.500. On this case we are able to show all values divided by 1000 and the output within the display screen can be 1.500. - Minimal quantity show:
This parameter permits to show solely the values above a threshold. Redcucing distraction / noise to focus solely on that means full values. - Scaling:
How the information distribution (gradients or profiles) are represented relies upon the what’s the most and minimal values. We select to look at every candle indivially or relative to the sunrounding candles (Seen bars). - Format:
Allosw to show solely on footprint represention or two (one on the left and different on the precise of the candle). - Candle Alignment:
When utilizing the format with two footprints, is feasible to align the candle extra on the left or the precise, what make the width of 1 footprint kind of than the opposite. - Left Cells Textual content and Proper Cells Textual content:
Determines which knowledge will printed on every footprint. - Left Cells Background and Proper Cells Background:
Determince the background of the cell will styled, if with a revenue / histogram or with gradient of colours based mostly on quantity, delta, and many others.
9.2 Bars Statistics Panel
The Bars Statistics panel is a table-like panel displayed on the backside of the chart, simply above the date/time scale. It exhibits bar-level statistics and order-flow metrics.
It may be enabled within the Clusters part simply on the finish of the parameters checklist.
Notice
The precise set of fields out there within the Bars Statistics panel can differ by configuration and knowledge availability. Detailed definitions may be added later.
Knowledge issues
Cluster/footprint and bar statistics depend on tick/quantity knowledge. The accuracy and completeness of the output relies on the standard of the dealer’s historic knowledge.