The DF-MinInfo tool is designed as a visual dashboard for the MetaTrader trading platform. Its primary purpose is to provide traders with a clean, real-time overview of essential market data directly on their chart window, allowing for quick monitoring without having to navigate through complex menus.
Core Functionality
1. Real-Time Price Monitoring The script focuses heavily on the current asset price. It displays the most recent price in a large, easy-to-read format. To help traders quickly identify market momentum, the tool features a dynamic color-coding system:
- Price Movement: If the current price is higher than the previous price, it highlights in green; if it is lower, it switches to red.
- Precision Handling: The tool automatically detects how many digits are in a specific currency pair or asset and adjusts its layout to ensure the text remains perfectly aligned and readable regardless of the symbol being traded.
2. Market Spread Tracking The indicator constantly monitors the "Spread"—the difference between the buy and sell prices. By displaying this live, it helps traders understand the cost of executing a trade at any given second, which is vital for high-frequency trading or during periods of high market volatility.
3. Time and Period Awareness The tool includes a dedicated section to show time information based on the current chart period:
- For intraday charts (like 1-minute or 1-hour), it calculates and displays the remaining time until the next candle closes.
- For longer timeframes (Daily and above), it provides a "Time Max" notification to indicate the scale of the current view.
User Experience & Design
The script is built to be non-intrusive yet highly informative. It creates a dedicated "information box" on the chart where all these elements—Spread, Time, and Price—are organized logically with separators.
Key features for the user include:
- Customizable Placement: The dashboard can be positioned specifically on the screen (via X and Y coordinates) so it doesn't overlap with price candles.
- High Refresh Rate: The information updates automatically every second (or a customizable interval), ensuring that the data on the screen is always current.
- Automatic Cleanup: When you remove the tool from your chart, the script is designed to automatically delete its visual elements, leaving your workspace clean.
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df-mininfo
//+------------------------------------------------------------------+
//| DF-MinInfo.mq4 |
//| Copyright 2014, DonForex |
//| http://www.donforex.com |
//| B600+ READY |
//+------------------------------------------------------------------+
#property copyright "Copyright 2014, DonForex"
#property link "http://donforex.com"
#property description "DonForex - MinInfo indicator"
#property version "1.03"
#property strict
#property indicator_chart_window
extern string Copyright_DonForex = "http://donforex.com";
extern color Up_Color = ForestGreen;
extern color Down_Color = OrangeRed;
extern color Last_Digit_Color = C'77,77,77';
extern color TextColor = DarkSeaGreen;
extern color SeparatorColor = DimGray;
extern int PosX = 1100; // Position settings in pixels
extern int PosY = 30; // Position settings in pixels
extern int Refresh_MilliSeconds = 1000; // As its name
double Prev_Price = 0.0;
int Price_Length = 0;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
ObjectCreate("DF_MI_Line0",OBJ_LABEL,0,0,0,0,0);
ObjectSet("DF_MI_Line0",OBJPROP_CORNER,0);
ObjectSet("DF_MI_Line0",OBJPROP_XDISTANCE,PosX+17);
ObjectSet("DF_MI_Line0",OBJPROP_YDISTANCE,PosY+0);
ObjectSetText("DF_MI_Line0","----------------------------------",8,"Tahoma",SeparatorColor);
ObjectCreate("DF_MI_Line1",OBJ_LABEL,0,0,0,0,0);
ObjectSet("DF_MI_Line1",OBJPROP_CORNER,0);
ObjectSet("DF_MI_Line1",OBJPROP_XDISTANCE,PosX+17);
ObjectSet("DF_MI_Line1",OBJPROP_YDISTANCE,PosY+52);
ObjectSetText("DF_MI_Line1","----------------------------------",8,"Tahoma",SeparatorColor);
ObjectCreate("DF_MI_CopyRight",OBJ_LABEL,0,0,0,0,0);
ObjectSet("DF_MI_CopyRight",OBJPROP_CORNER,0);
ObjectSet("DF_MI_CopyRight",OBJPROP_XDISTANCE,PosX+38);
ObjectSet("DF_MI_CopyRight",OBJPROP_YDISTANCE,PosY+60);
ObjectSetText("DF_MI_CopyRight",CharToStr(169)+" http://donforex.com",7,"Tahoma",TextColor);
ObjectCreate("DF_MI_Spread",OBJ_LABEL,0,0,0,0,0);
ObjectSet("DF_MI_Spread",OBJPROP_CORNER,0);
ObjectSet("DF_MI_Spread",OBJPROP_XDISTANCE,PosX+18);
ObjectSet("DF_MI_Spread",OBJPROP_YDISTANCE,PosY+10);
ObjectSetText("DF_MI_Spread",StringConcatenate("Spread: -"),8,"Tahoma",TextColor);
ObjectCreate("DF_MI_Time",OBJ_LABEL,0,0,0,0,0);
ObjectSet("DF_MI_Time",OBJPROP_CORNER,0);
ObjectSet("DF_MI_Time",OBJPROP_XDISTANCE,PosX+80);
ObjectSet("DF_MI_Time",OBJPROP_YDISTANCE,PosY+10);
ObjectSetText("DF_MI_Time",StringConcatenate("Time: -"),8,"Tahoma",TextColor);
ObjectCreate("DF_MI_PriceDisplay_LD",OBJ_LABEL,0,0,0,0,0);
ObjectSet("DF_MI_PriceDisplay_LD",OBJPROP_CORNER,0);
ObjectSet("DF_MI_PriceDisplay_LD",OBJPROP_XDISTANCE,PosX+18);
ObjectSet("DF_MI_PriceDisplay_LD",OBJPROP_YDISTANCE,PosY+18);
ObjectSetText("DF_MI_PriceDisplay_LD"," -",24,"Source Sans Pro",TextColor);
ObjectCreate("DF_MI_PriceDisplay",OBJ_LABEL,0,0,0,0,0);
ObjectSet("DF_MI_PriceDisplay",OBJPROP_CORNER,0);
ObjectSet("DF_MI_PriceDisplay",OBJPROP_XDISTANCE,PosX+18);
ObjectSet("DF_MI_PriceDisplay",OBJPROP_YDISTANCE,PosY+18);
ObjectSetText("DF_MI_PriceDisplay"," -",24,"Source Sans Pro",TextColor);
Price_Length=StringLen(DoubleToStr(Close[0],Digits));
if(Refresh_MilliSeconds<100) Refresh_MilliSeconds=100;
if(Refresh_MilliSeconds>5000) Refresh_MilliSeconds=5000;
EventSetMillisecondTimer(Refresh_MilliSeconds);
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
int obj_total=ObjectsTotal();
for(int i=obj_total; i>=0; i--)
{
string Obj_Name=ObjectName(i);
if(StringFind(Obj_Name,"DF_MI_",0)>-1) ObjectDelete(Obj_Name);
}
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
const int prev_calculated,
const datetime &time[],
const double &open[],
const double &high[],
const double &low[],
const double &close[],
const long &tick_volume[],
const long &volume[],
const int &spread[])
{
//---
ObjectSetText("DF_MI_Spread",StringConcatenate("Spread:",MarketInfo(Symbol(),MODE_SPREAD)),8,"Tahoma",TextColor);
string Price_String=StringFormat(StringConcatenate("%.",Price_Length-1,"s"),DoubleToStr(Close[0],Digits));
if(Price_Length>=7)
{
ObjectSet("DF_MI_PriceDisplay_LD",OBJPROP_XDISTANCE,PosX+27);
ObjectSet("DF_MI_PriceDisplay",OBJPROP_XDISTANCE,PosX+27);
}
else if(Price_Length==6)
{
ObjectSet("DF_MI_PriceDisplay_LD",OBJPROP_XDISTANCE,PosX+34);
ObjectSet("DF_MI_PriceDisplay",OBJPROP_XDISTANCE,PosX+34);
}
else if(Price_Length<=5)
{
ObjectSet("DF_MI_PriceDisplay_LD",OBJPROP_XDISTANCE,PosX+41);
ObjectSet("DF_MI_PriceDisplay",OBJPROP_XDISTANCE,PosX+41);
}
ObjectSetText("DF_MI_PriceDisplay_LD",DoubleToStr(Close[0],Digits),28,"Source Sans Pro",Last_Digit_Color);
if(Close[0]>Prev_Price)
{
ObjectSetText("DF_MI_PriceDisplay",Price_String,28,"Source Sans Pro",Up_Color);
}
if(Close[0]<Prev_Price)
{
ObjectSetText("DF_MI_PriceDisplay",Price_String,28,"Source Sans Pro",Down_Color);
}
Prev_Price=Close[0];
//--- return value of prev_calculated for next call
return(rates_total);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
void OnTimer()
{
//----
datetime closetime=Time[0]+PeriodSeconds()-TimeCurrent();
if(Period()<=PERIOD_D1) ObjectSetText("DF_MI_Time",StringConcatenate("Time: ",TimeToStr(closetime,TIME_SECONDS)),8,"Tahoma",TextColor);
else if(Period()>PERIOD_D1) ObjectSetText("DF_MI_Time",StringConcatenate("Time max: Daily"),8,"Tahoma",TextColor);
//----
return;
}
//+------------------------------------------------------------------+
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