Introduction to the Time Box Indicator
The Time Box indicator is a custom forex indicator that displays important market levels. It provides daily, weekly, and monthly boxes, according to your choice.
Yet, you can extend any important price levels in your chart automatically. You can use them as significant support and resistance levels.
It is a very simple but effective tool for your trading.
It fits all kinds of timeframes and currency pairs.
The indicator is displayed directly on the main trading chart.
The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the Time Box indicator in MT4?
Copy and paste the Time Box Indicator MT4.ex4 or Time Box Indicator MT4.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
The Time Box indicator is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.
Time Box Indicator Free Download
To download the Time Box Indicator for Metatrader 4 (MT4) for free just click the button below: