
Vertical Line Indicator
Platform: MT5 Type: Informational Last update: January 28, 2025The Vertical Line Indicator MT5 is a simple tool responsible for drawing a vertical line based on specified time. In the settings tab, you need to define the full date, however only hours and minutes are taken into consideration. In other words, the line always move to the current day only.
Example chart:
What is the vertical line mt5 indicator actually for?
The most common use case for this indicator is to highlight important dates, such as high-impact news events, so they are not missed. It serves as a visual aid to help traders stay aware of key moments in the market. Another idea is to show when given session (e.g. london or new york) starts.
Settings
The indicator allows to customize features like time settings (that’s the crucial one) and line color, width, style and even name.
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