PrevDayLines.mq4 – Draw Previous Day’s High, Low, and Average Price Lines – script MetaTrader 4

PrevDayLines.mq4 - Draw Previous Day's High, Low, and Average Price Lines - script for MetaTrader 4
The PrevDayLines.mq4 script is a tool for MetaTrader 4 that automatically draws three critical price levels from the previous trading day on your chart. These levels include the highest price (Max), the lowest price (Min), and the average price (Avg), providing traders with a clear visual reference for key support and resistance points. The script … Read more

The class to draw MACD using the ring buffer – indicator MetaTrader 5

The class to draw MACD using the ring buffer - indicator for MetaTrader 5
Description The CMACDOnRingBuffer class is designed for calculation of the technical indicator Moving Average Convergence/Divergence (Moving Average Convergence/Divergence, MACD) using the algorithm of the ring buffer.  Declaration class CMACDOnRingBuffer Title #include <IncOnRingBuffer\CMACDOnRingBuffer.mqh> File of the CMACDOnRingBuffer.mqh class should be placed in the IncOnRingBuffer folder that need to be established in MQL5\Include\. Two files with the examples used by … Read more

Draw Ellipse – script MetaTrader 4

The script creates an ellipse on window drop.
A script to simplify drawing Ellipses. Ellipses are great for identifying areas of interest. Drawing them can be time consuming so I created a script that will create an ellipse on window drop. The ellipse is created where you drop it, sized automatically, regardless of currency pair or timeframe. Much quicker and easier than the … Read more

Four clicks to draw an arc-shaped channel – indicator MetaTrader 5

Four clicks to draw an arc-shaped channel - indicator for MetaTrader 5
This tool is what the standard MetaTrader 5 objects miss. To edit a formed line, click on it (at the edges or in the center of the line) until a dotted line appears. Then move the cursor without pressing a button. The indicator has a simple animated button. Its size and transparency changes, when the … Read more

Four clicks to draw an arc-shaped channel – indicator MetaTrader 5

Four clicks to draw an arc-shaped channel - indicator for MetaTrader 5
This implementation was done more as a training material and an attempt to inspire developers of MetaTrader 5 to add such a tool to the set of standard MetaTrader 5 objects. It is not implemented in the form of a class, saving and passing parameters when changing the timeframe, no multichannel and smoothness implemented, continuation … Read more