Can’t find one anywhere for free…just an indicator that species what day of the week it is…preferably over a daily chart it places vertical lines blue for Monday yellow for Tuesday and so on.
I’ve been wanting to get a trading day of the week bias. Ie of my bias is long and monday show a stron percent of the time to close up then I only trade on Monday. I didn’t this manually but I’m scared of errors and it’s rather time consuming and I work quite a few hours at my job…
We just recently completed a free MT4 indicator that does exactly what you’re looking for.
To the mods: I hope this doesn’t violate any of the board rules, but if it does, just let me know. I figured an attachment would be more appropriate than a link considering your rules about advertising.
In any case, this is a completely free indicator that we made available on our blog that was actually a quick modification of the old intraday Session Phases indicator we posted last year. I hope it works the way you want it to.
The colors are easily customizable but if there’s another feature you need that’s completely outside the scope of what this can do, let me know and I’ll ask our programmer about it. Odds are if you need it, so will others, so don’t hesitate to make a feature request.
Man this is exactly what i need. I cant tell you how excited i am right now!
could it tell me the count of high or low on a specific day lol?
like sunday is highlighted in white. out of all the sunday there were (x) number of higher closes and (x) number of lower closes?
lol ive already done the counting but if i could get that maybe i could get an indicator that tells me how many (x) previous bars were up bars or down bars.
im working on bar patterns lol would just save me alot of counting.
anyway this is great you’ve already saved me a bunch of time. i would have spent awhile highlighting monday or dropping lines then second guessing and going back over lol.