Hoping someone out there can help me with this, I have no idea how to program these kinds of things. I've run multiple searches through the forum and couldn't find anything like it so here goes ...
I need a simple indicator for MT4 that takes the attached Round Prices Indicator just one step further ... I like my charts to be as simple to read as possible at a glance. The various price levels on MT4 are very confusing to me as the pip and price ranges constantly vary from chart to chart.
I need an indicator that draws a solid grey lightweight horizontal line every 10 pips, and then at the round levels (every 50 pips) a heavier/thicker black horizontal solid line is drawn (currently given an option to change the line thickness/style but it doesn't work, maybe that could that be fixed as well?).
So basically, keep what the Round Prices Indicator does plus have it add in the additional lines between the round prices in 10 pip increments.
For example:
- Solid black thick horizontal line at 1.3800 (with price label)
- Solid light grey thin horizontal lines at 1.3810, 1.3820, 1.3830, 1.3840 (no labels)
- Solid black thick horizontal line at 1.3850 (with price label)
- Solid light grey thin horizontal lines at 1.3860, 1.3870, 1.3880, 1.3890 (no labels)
- Solid black thick horizontal line at 1.3900 (with price label)
... etc. and so forth
This would enable me to see at a quick glance what the price action is doing without having to look over at the vertical price bar trying to figure out how many pips the candle just moved.
Price labels on the 10 incremental lines is not necessary (or wanted for me) but I would like to keep the price label on the round numbers as is.
Basically I don't want to have to guess if that big candle was a 5 pip candle or a 20 pip candle, I'd like to be able to easily see what the price action is really doing from chart to chart at a glance.
Any help in this regard would be greatly appreciated ... Thanks!
I need a simple indicator for MT4 that takes the attached Round Prices Indicator just one step further ... I like my charts to be as simple to read as possible at a glance. The various price levels on MT4 are very confusing to me as the pip and price ranges constantly vary from chart to chart.
I need an indicator that draws a solid grey lightweight horizontal line every 10 pips, and then at the round levels (every 50 pips) a heavier/thicker black horizontal solid line is drawn (currently given an option to change the line thickness/style but it doesn't work, maybe that could that be fixed as well?).
So basically, keep what the Round Prices Indicator does plus have it add in the additional lines between the round prices in 10 pip increments.
For example:
- Solid black thick horizontal line at 1.3800 (with price label)
- Solid light grey thin horizontal lines at 1.3810, 1.3820, 1.3830, 1.3840 (no labels)
- Solid black thick horizontal line at 1.3850 (with price label)
- Solid light grey thin horizontal lines at 1.3860, 1.3870, 1.3880, 1.3890 (no labels)
- Solid black thick horizontal line at 1.3900 (with price label)
... etc. and so forth
This would enable me to see at a quick glance what the price action is doing without having to look over at the vertical price bar trying to figure out how many pips the candle just moved.
Price labels on the 10 incremental lines is not necessary (or wanted for me) but I would like to keep the price label on the round numbers as is.
Basically I don't want to have to guess if that big candle was a 5 pip candle or a 20 pip candle, I'd like to be able to easily see what the price action is really doing from chart to chart at a glance.
Any help in this regard would be greatly appreciated ... Thanks!
Attached File(s)
Round_Prices_Indicator.ex4
3 KB
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415 downloads