Lines

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

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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

Peak Lines by Price Histogram – indicator MetaTrader 5

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Peak Lines by Price Histogram
This indicator shows the support/resistance lines using price histogram. The indicator is not so heavy, the calculation was simplified. Display: Gold Line — peaks of a 1-day histogram. Red Line — peaks of a short term histogram. Magenta Line — peaks of a medium term histogram. Blue Line — peaks of a long term histogram. … Read more

MTrendLine is Very Convenient Autoregulator of Pendings in Reference to the Trend Lines – EA MetaTrader 4

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MTrendLine is Very Convenient Autoregulator of Pendings in Reference to the Trend Lines - expert for MetaTrader 4
The usage is very simple, we draw the trend lines marking, place a pending order at random, for example at 100 points lower than the current price. Then we inspect the properties of the trend and copy TrendLine ####### (number) into the clipboard, then activate the EA and write the number of the pending order … Read more

A Good EA by Paraboliс and Fibo Lines – EA MetaTrader 4

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A Good EA by Paraboliс and Fibo Lines - expert for MetaTrader 4
EA Author: Juriy. ForTrader.ru BuyWhen the price breaks through the parabolic 0.02 & 0.2 we draw the Fibo lines between the closest minimum (before the break through of parabolic) and the maximum of the bar the break through occured at. In such a manner we obtain the level of the target at 161.8% and the … Read more

SR Lines by MTF Stochastic Cross – indicator MetaTrader 4

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S/R_lines by MTF stochastic cross
This indicator shows some Support/Resistance lines. The number of lines is variable (max 6). The more support lines are, the stronger “bull” will be expected. It also displays entry signals.These signals may be often disappointing, but sometimes good. This needs “MTFPI-sub1”. “MTFPI-sub1” needs “MTFPI-sub2”, “MTFPI-sub3” and “MTFPI-sub4”. To clear a chart of Signals, please use … Read more

Horizontal Grid Lines on Chart – indicator MetaTrader 4

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Horizontal Grid Lines on Chart - indicator for MetaTrader 4
15 Sep 2010 – Version 2 GRID10 is an indicator which will draw a grid on a chart using grid lines separated at a convenient power of ten. I have updated this indicator with the following features: 1 – The optional ability to include intermediate grid lines every 10%, 20%, 25% or 50% of the … Read more

The signal lines with alert after crossing – indicator MetaTrader 4

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The signal lines with alert after crossing - indicator for MetaTrader 4
Author: Vladimir Hlystov When the price is approaching to the Signal Lines, the indicator sends Alert. The Signal Lines can have any angle. Initially, the Signal Lines are based on the straight lines of the support and resistance levels. Signal Lines can be moved to the desired place using the mouse . When the distance … Read more

Open and Close positions using the lines – EA MetaTrader 4

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Open and Close positions using the lines - expert for MetaTrader 4
Description: The Expert Advisor draws 4 lines: “BUY LINE”, “SELL LINE” и and two corresponding “CLOSE” lines. Your task is to move the lines to the prices you want to operate – to Buy, to Sell, or to Close. The orders are set and close at the moment then price crossing the line, for example … Read more

Murrey Math Lines (support and resistance) – indicator MetaTrader 5

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Murrey Math Lines (support and resistance) - indicator for MetaTrader 5
Real author: This indicator is based on algorithm, proposed by Vladislav Goshkov (VG) 4vg@mail.ru The indicator plots Murrey Math Lines for all available history, it doesn’t uses any objects. Since, according to Gann, prices move in 1/8’s, these 1/8’s act as points of price support and resistance as an entity’s price changes in time. Given … Read more