Crosshair

Crosshair replaces MetaTrader's built-in crosshair with a version that actually shows you useful information while you work. It displays real-time price and time labels on the cursor, supports a ruler mode for measuring bar counts, point distances, and percentage moves, and persists its state when you switch timeframes. It is a free utility - no rental, no purchase required.

Key Features

• Custom crosshair lines with dot or solid style options
• Real-time price label and time label attached to the cursor
• Ruler mode for measuring: bar count, point distance, and percentage move
• Auto side-switching at chart edges so labels stay visible
• State persistence across timeframe changes
• Three configurable start modes
• Free utility
• MT5 only

How traders use it

The day-to-day improvement is in measurement speed. When you want to know the distance from the current price to a key level - in pips, points, or percentage - you switch to ruler mode and drag. The result appears immediately without needing to hover over properties dialogs or do mental arithmetic. For traders who size positions based on distance to stop or target, this saves real time during setup.

The real-time time label is useful for checking when a candle opened or closed without needing to open the Object Properties dialog. Auto side-switching keeps labels readable when the cursor is near the right edge of the chart, which is where you spend most of your time during active sessions. Timeframe persistence means the crosshair stays in the same mode and position context when you switch between M15 and H1 to check context - it does not reset to default on every change.

Supported markets

All instruments available in MT5.

Getting started

Crosshair is free and available directly from the MQL5 marketplace. Attach it to any MT5 chart and it replaces the native crosshair immediately. Choose your preferred line style and start mode in the settings. The full feature overview including ruler mode usage is at https://youtu.be/r8Cn5Y00NbI.