Market Time Pad. Indicator for MetaTrader with trading sessions

About Market Time Pad

The Time Indicator displays the current time across the major world markets and highlights the active trading session.

It is easy to use and takes up minimal space on the chart, making it ideal for seamless integration with Expert Advisors and other tools like VirtualTradePad.

The version with an analog clock is also displayed directly on the chart, providing a visual representation of market activity.

The Time Indicator is an essential tool that provides real-time updates on the current time in various global markets, helping traders track the progress of different market sessions.

It shows the current time in various time zones and indicates the current market session, including pre-market, regular trading hours, and after-hours.

This feature is particularly valuable for traders, investors, and other market participants who need to stay informed about global market activity at all times.

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• All updates to our Forex software are free!
• This is a free trading utility!

Other Features:

• There is an option in the input parameters: show/hide tips on mouse over a button. You can also select the language of the tips, English/Russian;
• The Close button stops the application;
• The Maximize/Minimize button collapses/expands the pane on the chart;
• The pane can be moved on the chart. To do this, click the upper part of the pane near the Close and Minimize buttons, and then move the pane to the desired position.

How does it work?

What do people write about Market Time Pad?

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Market Time Pad

The Time Indicator is an essential tool for traders, offering real-time updates on the current time and trading sessions across major financial markets around the world.

Not only does it display the current time in various time zones, but it also provides crucial insights into the ongoing market sessions—from pre-market to regular trading hours and after-hours. This feature is particularly valuable for traders who need to stay aligned with different market schedules to make timely, informed decisions.

Why Is the Time Indicator Important?

In the global financial market, which operates continuously across multiple time zones, keeping track of different trading sessions is critical for maximizing opportunities. Traders often have to adjust their strategies based on market openings and closings, as liquidity and volatility vary depending on the session. The Time Indicator eliminates the hassle of manually calculating time differences, allowing traders to stay focused on what matters most—executing profitable trades.

Key Benefits of the Time Indicator:

1. Accurate Time Tracking:
   • Provides the current time across major financial markets, ensuring you never miss a trading opportunity.
2. Real-Time Market Session Updates:
   • Displays ongoing trading sessions such as pre-market, regular market hours, and after-hours.
3. No Manual Calculations:
   • Saves time by automatically adjusting for different time zones, eliminating the need for manual time calculations.
4. Enhanced Decision-Making:
   • By offering real-time updates on global financial markets, traders can make more informed and strategic decisions.
5. Seamless Integration:
   • Works alongside Expert Advisors and tools like VirtualTradePad, allowing traders to combine it with their existing strategies and systems.
6. Minimal Chart Space:
   • The Time Indicator is designed to take up minimal space on the chart, so it doesn’t clutter your workspace.

Who Can Benefit from the Time Indicator?

• Traders who need to stay on top of market sessions in different time zones.
• Investors who want to be alerted about market opening and closing times.
• Day traders and scalpers who require precise timing to enter and exit trades.
• Global market participants managing portfolios across multiple financial markets.

By eliminating the need to constantly calculate time differences between New York, London, Tokyo, and other financial hubs, the Time Indicator ensures that you are always in sync with the markets, helping you make faster, more accurate decisions.

In the fast-paced world of trading, timing is everything. The Time Indicator gives you a strategic advantage by keeping you up-to-date with real-time information, allowing you to react swiftly and confidently to market movements.

Advanced Utilities:

External Variables and Settings

Parameter	Description
a1=”===========TimeStop================”	Section header for time-based stop settings.
TimeSecondsToStop=300	Sets the time in seconds before a stop action is triggered (e.g., 300 seconds).
MondayTimeStop=””	Specifies the time stop for Monday. Empty means no stop time set.
TuesdayTimeStop=””	Specifies the time stop for Tuesday. Empty means no stop time set.
WednesdayTimeStop=””	Specifies the time stop for Wednesday. Empty means no stop time set.
ThursdayTimeStop=””	Specifies the time stop for Thursday. Empty means no stop time set.
FridayTimeStop=””	Specifies the time stop for Friday. Empty means no stop time set.
a2=”===========Market TimeStop================”	Section header for market-based stop settings.
ASIAstop=false	Disables or enables the stop during the Asian market session. (False means stop is disabled.)
EUROPEstop=false	Disables or enables the stop during the European market session. (False means stop is disabled.)
USAstop=false	Disables or enables the stop during the U.S. market session. (False means stop is disabled.)
a3=”===========AlertStop================”	Section header for alert-related stop settings.
Alert=true	Enables alerts when the stop is triggered.
Mail=true	Enables email notifications when the stop is triggered.
Push=true	Enables push notifications when the stop is triggered.
a4=”===========Time Offset GMT================”	Section header for GMT time offset settings.
GMTOffset=0	Sets the GMT offset for the local time zone. (0 means GMT time.)
TokyoGMT=9	Specifies the GMT offset for Tokyo. (+9 GMT)
SydneyGMT=11	Specifies the GMT offset for Sydney. (+11 GMT)
LondonGMT=0	Specifies the GMT offset for London. (0 GMT)
NewYorkGMT=-5	Specifies the GMT offset for New York. (-5 GMT)
AsiaSessionTimeStart=”00:00″	Specifies the start time of the Asian session (00:00 GMT).
AsiaSessionTimeEnd=”09:00″	Specifies the end time of the Asian session (09:00 GMT).
EuropeSessionTimeStart=”06:00″	Specifies the start time of the European session (06:00 GMT).
EuropeSessionTimeEnd=”15:00″	Specifies the end time of the European session (15:00 GMT).
AmericaSessionTimeStart=”13:00″	Specifies the start time of the American session (13:00 GMT).
AmericaSessionTimeEnd=”22:00″	Specifies the end time of the American session (22:00 GMT).

FAQ about Market Time Pad

What is the Market Time Pad?

The Market Time Pad is a tool that displays the current time across major global markets and highlights the active trading session, helping traders stay informed about market activity in real-time.

How does the Time Indicator work?

The Time Indicator shows the current time in various time zones and indicates the active market session, such as pre-market, regular trading hours, and after-hours, providing real-time updates to traders.

What are the key benefits of using the Time Indicator?

Key benefits include accurate time tracking, real-time market session updates, and seamless integration with Expert Advisors and other trading tools, enhancing decision-making and trading efficiency.

How does the Time Indicator integrate with other tools?

The Time Indicator integrates seamlessly with Expert Advisors and tools like VirtualTradePad, allowing traders to combine it with their existing strategies and systems without occupying much chart space.

Can I customize the Time Indicator’s settings?

Yes, you can customize various settings such as language selection, show/hide tips, and pane positioning on the chart, providing a tailored experience to fit your trading preferences.

Is the Market Time Pad free to use?

Yes, the Market Time Pad is a free trading utility, and all updates to our Forex software are provided at no cost, ensuring you have access to the latest features without any additional fees.

Which market sessions does the Time Indicator display?

The Time Indicator displays various market sessions including the Asian, European, and U.S. market sessions, along with pre-market and after-hours trading times.

How does the Time Indicator help with decision-making?

By providing real-time updates on global market times and sessions, the Time Indicator enables traders to make informed and strategic decisions quickly, aligning their trades with optimal market conditions.

Who can benefit from using the Time Indicator?

Traders, investors, day traders, scalpers, and any global market participants managing portfolios across multiple financial markets can benefit from the Time Indicator by staying synchronized with various market sessions.

How do I adjust the GMT offset in the Time Indicator?

You can adjust the GMT offset in the settings by specifying the desired offset value for your local time zone and other major markets like Tokyo, Sydney, London, and New York to ensure accurate time tracking.

Changelog for Market Time Pad

Version 22.1 2021.12.29

ChartRedraw

Version 21.999 2021.11.16

Update for Last MT

Version 21.965 2021.11.15

Обновление для новой версии терминала

Version 15.965 2015.11.06

Added options:

Block amendment GMT
GMT Offset = 0; - Amend GMT time;
TokioGMT = 9; - Amend Tokyo time relative to GMT;
SydneyGMT = 11 - Amend Sydney time relative to GMT;
LondonGMT = 0; - Amend London time relative to GMT;
NewYork = -5; - Amend NY time relative to GMT;

Block Notices for Trading Sessions
ASIAstop = false; - AlertNotificationPush at the beginning of the Asian session;
EUROPEstop = false; - AlertNotificationPush at the beginning of the European session;
USAstop = false; - AlertNotificationPush at the beginning of the American session;

Block notifications appointed time
TimeSecondsToStop = 300; - number of seconds for the AlertPush trade appointed time
MondayTimeStop = ""; - Set Monday time
TuesdayTimeStop = "";
WednesdayTimeStop = "";
ThursdayTimeStop = "";
FridayTimeStop = "";
An example of the work at the appointed time:
Hh: mm, for example, to put AlertPush at 12:30 and 15:45, enter 12: 30,15: 45, then from 12:30 until 12:35 (TimeSecondsToStop - the time in seconds), there will be a sound AlertPush on start and end time, and beginning from 15:45, there will be an AlertPush at the start and end time.

Block notifications:
AlerT = true; - Issue an alert on the screen;
Mail = true; - Send a message;
Push = true; - Send a PUSH to the phone.

Version 14.929 2014.09.30

Time doesn't stop when the panel is minimized.

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