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 supposed 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 obtainable (high quality is dependent upon dealer’s tick knowledge)
- Sufficient disk area 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 part and the way the person interacts with it.
3.1 Title Bar
The title bar is positioned on the prime of the applying window and offers entry to world configuration and instruments.
- Program Icon and Identify
Shows the applying icon and the identify 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 worth 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 listing 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 surroundings utilizing historic knowledge. - Software 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 varied parts.
- Important Chart Subwindow
Shows the worth chart and permits attaching indicators/drawings and managing trades/orders instantly on the chart. - Indicator Subwindows
Some indicators are displayed in separate subwindows beneath the primary 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, Middle. Is positioned on the right-top nook, hover the worth scale. - Navigation Buttons
Zoom In, Zoom Out, Scroll to present bar/candle/value. Is positioned 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 worth bars/candles, displaying volume-by-price data utilizing textual content and/or coloured cells (and non-compulsory mini-profiles), relying on the chosen parameters.
His visibility is dependent upon 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 primary chart, exhibiting bar-level statistics corresponding to whole quantity, delta, trades rely, and different order-flow metrics.
Screenshot: Chart window parts
3.3 Mouse Interplay
Mouse interplay is dependent upon the ingredient below the cursor.
Chart
- Worth scale drag
Drag value scale to regulate min/max. - Time scale drag
Drag time scale to alter 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 allows 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 ingredient 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. - Deciding on and modifying drawings
When chosen, drag anchor factors to maneuver/resize/regulate. - 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 identical software with out reselecting)
- Esc — Cancel present operation (drawing or dragging)
Notice
Shift and Ctrl can be used for putting pending orders instantly 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 current drawings, some hints are displayed at right-bottom nook of the primary subwindow.
For instance, when you find yourself drawing a triangle and also you need the second level of triangle at identical value that the primary one, you’ll be able to constraint the mouse moviment on the x axis earlier than click on to outline the second level.
In picture subsequent picture you’ll be able to 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)
- Decide a chart kind (e.g., Seconds or Renko).
- Change the parameters in accordance with 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 / Building Sorts
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 set period of time.
Base Interval — instance: Minutes (for a 5-minute chart)
Allowed: Seconds, Minutes, Hours, Days
Intervals — instance: 5 (Base Interval = Minutes → 5-minute bars)
Tick-based
- Rule: every bar kinds after a set variety of ticks.
Depend — instance: 144 (144-tick bars)
Reset On New Day — instance: true
Quantity-based (Equi Quantity)
- Rule: every bar kinds after a set quantity quantity.
Depend — instance: 10000 (10k quantity bars)
Reset On New Day — instance: true
Vary-based
- Rule: every bar kinds when value strikes a set vary.
Vary — instance: 20 (20-tick vary bars)
Reset On New Day — instance: false
Renko
- Rule: bricks type primarily based 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. It is going to be mounted in future updates.
Line Break
- Rule: new traces type when value breaks above/beneath prior traces.
Base Interval — instance: Minutes
Allowed: Seconds, Minutes, Hours, Days
Intervals — instance: 5 (Minutes × 5 foundation)
Breaks — instance: 3 (3-line break)
Reset On New Day — instance: true
Kagi
- Rule: line route modifications 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 measurement 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 suitable renko charts.
- Bars embody physique, wicks, and non-compulsory borders.
- Colours can differ for up, down, and doji bars.
Instance: Candlestick plot type
Step Line plots
- Utilized by Kagi, Line Break, and related 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 points of plots (colours, borders, wicks, line thickness, image kinds, and so on.) 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 without delay.
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 conduct).
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 could be connected, 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 primary 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 adequate historic knowledge to provide significant outcomes.
8) Market Replay
Timeless Charts features a Market Replay characteristic that permits you to replay historic market knowledge as if it had been occurring in actual time. Replay is beneficial for examine, follow, technique validation, and understanding value conduct in particular market circumstances.
- Replays historic value motion utilizing tick knowledge.
- Helps customized chart varieties (seconds, tick, quantity, renko, and so on.).
- Permits indicators, drawings, and chart interplay throughout replay.
- Permits 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 a substitute of stay market knowledge.
- Replay requires historic tick knowledge for the chosen image and interval.
- Replay conduct is dependent upon 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 obtainable within the devoted article beneath:
Market Replay in Timeless Charts — Detailed Information
Tip
Market Replay is particularly efficient when mixed with Templates, permitting you to replay the market utilizing the identical chart kind, indicators, drawings, and visible configuration utilized in your stay evaluation.
9) Cluster / Footprint & Bars Statistics
Timeless Charts offers 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 primary subwindow.
- Each are visible options of the chart and are configured by 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 may use textual content and/or coloured cells (and non-compulsory mini-profiles) relying on the chosen theme configuration.
The footprints / clusters are configured with varied 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 huge worth for the brick measurement, 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 will probably be draw making the show of the footprint knowledge clear. - Show volumes divided by:
in some circumstances the values to be represented could 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 will probably 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 info 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). - Structure:
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 structure with two footprints, is feasible to align the candle extra on the left or the precise, what make the width of 1 footprint roughly 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 primarily based on quantity, delta, and so on.
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 reveals bar-level statistics and order-flow metrics.
It may be enabled within the Clusters part simply on the finish of the parameters listing.
Notice
The precise set of fields obtainable within the Bars Statistics panel can fluctuate by configuration and knowledge availability. Detailed definitions could be added later.
Knowledge issues
Cluster/footprint and bar statistics depend on tick/quantity knowledge. The accuracy and completeness of the output is dependent upon the standard of the dealer’s historic knowledge.
