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Attachments: Need Lines Indicator for 20/80 price levels
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Need Lines Indicator for 20/80 price levels

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  • First Post: Jun 4, 2009 2:43pm Jun 4, 2009 2:43pm
Hi All,
I am looking for an indicator that will draw lines at 20 and 80 on the chart. I have tried a few of the line drawing indicators designed for 50 and 00 but cannot get them to work. So... recap.

Lines at every 20 and 80 on the chart...example. U/J 96.80, 96.20, 95.80, 95.20 and so on.

Thanks. MG
Quoting Matrixxdg
Hi All,
I am looking for an indicator that will draw lines at 20 and 80 on the chart. I have tried a few of the line drawing indicators designed for 50 and 00 but cannot get them to work. So... recap.

Lines at every 20 and 80 on the chart...example. U/J 96.80, 96.20, 95.80, 95.20 and so on.

Thanks. MG
Try the attached indicator.
Download into ...../experts/indicators folder and restart MT4.
Attached File
File Type: mq4 Lines_8020.mq4   3 KB | 1,988 download
Quoting hanover
Try the attached indicator.
Download into ...../experts/indicators folder and restart MT4.
Hanover,
You are truly a time saver it works perfectly.

Thank you so much.

MG
The version attached to this post should plot the lines only in the H4 and lower timeframes.
Attached File
File Type: mq4 Lines_8020.mq4   3 KB | 745 downloads
Quoting hanover
The version attached to this post should plot the lines only in the H4 and lower timeframes.
Thanks a million Dave.

MG
For the sake of open-ended completeness, the timeframes are now selectable.
Attached File
File Type: mq4 Lines_8020.mq4   4 KB | 1,283 download
Quoting hanover
For the sake of open-ended completeness, the timeframes are now selectable.
Thank you. That's perfect.

MG
Quoting hanover
For the sake of open-ended completeness, the timeframes are now selectable.
Hi Hanover. I cannot get the lines to disappear on any TF even though I unchecked them. Any ieas?

MG
Attached Image
Quoting Matrixxdg
Hi Hanover. I cannot get the lines to disappear on any TF even though I unchecked them. Any ieas?

MG
What you're trying to do won't work, because the indicator doesn't plot an "indicator" as such (in MT4 terms), instead it simply plots multiple lines. So you would need to edit the Visualization on each individual line.

However, in the latest version that I posted (post #6), the timeframes are selectable, via the TimeFrames parameter on the "Inputs" (not the "Visualization") tab. If you change this parameter to M1,M5,M15,M30,H1,H4 then the lines should be re-plotted on those timeframes only.
Quoting hanover
What you're trying to do won't work, because the indicator doesn't plot an "indicator" as such (in MT4 terms), instead it simply plots multiple lines. So you would need to edit the Visualization on each individual line.

However, in the latest version that I posted (post #6), the timeframes are selectable, via the TimeFrames parameter on the "Inputs" (not the "Visualization") tab. If you change this parameter to M1,M5,M15,M30,H1,H4 then the lines should be re-plotted on those timeframes only.
Duh!! Sorry I did not look, I assumed it was on the TF tab. Works great, Thanks again.

MG
Quoting hanover
For the sake of open-ended completeness, the timeframes are now selectable.
Hi Hanover,
Any chance of a slightly more advanced version of 'Lines'?
I would love an indicator that would draw nine horizontal lines, all spaced at 25 pips from each other, and for the start line to be placed at a figure input by the user -
Many thanks
Take care
So make sure it's an exciting one, 'cos it's the only one you get!
Quoting ComoxBluejay
Hi Hanover,
Any chance of a slightly more advanced version of 'Lines'?
I would love an indicator that would draw nine horizontal lines, all spaced at 25 pips from each other, and for the start line to be placed at a figure input by the user -
Many thanks
Take care
Try the attached indicator.
Download into ...../experts/indicators folder and restart MT4.
Attached File
File Type: mq4 SpacedLines.mq4   4 KB | 1,108 download
Quoting hanover
Try the attached indicator.
Download into ...../experts/indicators folder and restart MT4.
Great hanover, & thanks for the fast reply.
Can I push my luck and ask for the addition of a long/short input.
So that the lines are drawn in the direction of a trade?
So make sure it's an exciting one, 'cos it's the only one you get!
Quoting ComoxBluejay
Great hanover, & thanks for the fast reply.
Can I push my luck and ask for the addition of a long/short input.
So that the lines are drawn in the direction of a trade?
AboveBelow parameter:
A = draw lines above (upward, starting at) the specified price
B = draw lines below (downward, starting at) the specified price
AB = do both
Attached File
File Type: mq4 SpacedLines.mq4   5 KB | 976 downloads
Thanks hanover, I really appreciate the effort....now the next trick, can you make me a million?!
Take care
So make sure it's an exciting one, 'cos it's the only one you get!
Hi Dave

I see that you did a nice work again.

Traderathome modified for the THV system once the SDX sweetspot indicator where you have options to change Thickness, color etc.

Maybe you would like to look inside.

Have a great trading week
Attached File
File Type: mq4 THV SDX-SweetSpots v4.mq4   8 KB | 930 downloads
Quoting cobraforex
Hi Dave

I see that you did a nice work again.

Traderathome modified for the THV system once the SDX sweetspot indicator where you have options to change Thickness, color etc.

Maybe you would like to look inside.

Have a great trading week
Thanks Cobra, I'll take a look.
Hi hanover,

Your 'SpacedLines' are just the job, worked beatifully last week.

Any chance of two small additions....ouch! that hurt.
If you decide to do so, could you make the first line user definable in terms of style & colour, just to make it stand out from the others. and attach the price in text to it?

I really will share the first million....honestly!

Take care
So make sure it's an exciting one, 'cos it's the only one you get!
thanx hanover so usefull gadgets.
Hi hanover,
Your 'SpaceLines' really are bringing home the bacon.
My style of trading is very simple. I trade the 'Spaces' between the pivots.
And use your 'SpaceLines' to set my entry, stop, & Tp.
Lines are set as a function of the distance between pivot, S1/R1

Without stretching your kindness too far - could I ask for the following?
If I select setting 'A' is it possible to adapt the indicator to have the lower line as my stop, the next line up as the choosen entry, & all others as Tps?
And the reverse for 'B' setting.
Which means there would only be one line above/below the 'StartPrice' entry.
In a five line 'A' setup, the second line would become the 'StartPrice' entry.
Forgive me if I've laboured the point here!
Have a great w/end
So make sure it's an exciting one, 'cos it's the only one you get!
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