What is Time-indicator?
Time-indicator is an MT5 chart utility that displays broker-server and computer time together in separate colours. Because broker time is server-based, it can be checked against candle closes and daily or weekly rollovers.
How to use Time-indicator
The clock display near the chart’s upper-left corner shows broker time above and local computer time below, keeping the two time bases separate while the chart remains in view. Compare the broker clock with the local clock when checking an economic calendar or a scheduled trading time.
Where it helps
MT5 Indicator Parameters
The table below lists the available MT5 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.
| Parameter | Description |
|---|---|
| Broker Time Color | Sets the display color for broker time. |
| Computer Time Color | Sets the display color for computer time. |
| Distance From TopLeft | Sets the distance from the chart’s upper-left corner. |
| Zoom Level | Sets the zoom level for the displayed time text. |
The screenshot above shows the default input parameters in the MT5 settings window.
How to Install .ex5 Indicator in MetaTrader 5
- Download the ZIP file and extract it.
- In MT5, select File → Open Data Folder.
- Open MQL5 → Indicators and copy the EX5 or MQ5 file into it.
- If the package includes library files, copy them to MQL5 → Libraries. Copy TPL files to the top-level templates folder.
- Restart MT5, find the indicator in the Navigator, and drag it onto a chart.
Test the tool on a demo account first. File contents and required folders can vary between packages.
