What is Specified Time Range Candles?
Specified Time Range Candles is an MT5 indicator that recolors price candles during specific intraday hours.
It isolates London, New York, or Asian trading sessions to make session-based price action easier to analyze.
How to use Specified Time Range Candles
Set start and end hours to match specific market openings or high-volatility trading windows.
Compare price behavior during highlighted session candles versus off-session hours.
Where it helps
Highlights candles within user-defined start and end time windows.
Applies distinct candle colors to differentiate active session bars.
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 |
|---|---|
| Start Hour | Sets the beginning hour of the session range to highlight. Default: 8. |
| End Hour | Sets the ending hour of the session range to highlight. Default: 16. |
| Highlight Color | Sets the custom candle color for bars within the specified time range. Default: Gold. |
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.
