The Monthly Time Bar indicator for Metatrader 5 draws a vertical line on the price chart once every month.
At a glance, you will get an idea of how the overall trend behaved within that month.
The following indicator inputs and parameters can be adjusted to suit your preferences: line style, width, and color.
Make yourself familiar with this technical indicator and test it first on a demo account.
It supports all time frames and Forex pairs.
Free Download
Time_Bar_Custom_Monthly.mq5 Indicator (MT5)
Chart Example
The following chart shows how the Monthly Time Bar indicator looks when applied to the MT5 chart.
How To Buy And Sell Forex Pairs With The Monthly Time Bar Indicator?
The monthly time bar Forex indicator does not provide any trading signals.
Please combine with other technical indicators or with an existing trading system of your preference.
