Request - MT4 Automated Horizontal Line

Hello, is s.o. able to code an automated horizontal line.
It would be great, if it is possible to use a setting, e.g "50" (which means 50 %) for a horizontal line in the middle of the chart.
Or when it is set to 10 the the horizontal line should stay on the tenth part from the bottom of the chart.
Hope I could make it clear.

Would be great, when s.o. could code this.

thx in advance

Like this?

If you're scrolling back/fwd thru your chart, keep in mind that a (MT4) indy needs a tick in order for it to update itself (in this case, the location of the line). One of the other programmers here may have figured out a way to get around this.

Hi hanover, thx for this one ;-)

The problem is, that I can use this indicator only once on the chart. I would like to add it three or up to five times on the chart, but it only shows the first horizontal line.

No offense, but you didn't ask for this in your original request.

Anyway, the attached should fix it. You need to specify a different UniqueID each time you attach the indy to your chart.

Looking forward to some cash4me2.

Sorry hanover,
forgot to mention that.
anyway, where do I set the tick in order for it to update itself?

About the cash4me2, I will inform you as soon as I have figured out, how to use your indicator profitable ;-)

You can't set the ticks; a tick occurs every time the price changes on the currently displayed MT4 chart. In other words, the lines should automatically re-plot themselves every time the price changes. Sorry, I didn't explain that very well.

No worries, I was just being a smarta$$.

Hmm, used the indicator now, but it does not move the lines automatically.

I assume you mean when you scroll the chart left and right?

Like I said before, an indy will recalc/replot only when price changes. That is a MT4 limitation.

So what I've done is rewritten it as a script, not an indy. Hence you'll need to install it into your /experts/scripts folder.

I've also extended it so that you can plot up to 6 lines. If you don't want to use a line, set its value to a negative number. If you want more than 6 lines, you'll need to get the script changed. Unlike an indy, you can't attach multiple instances of a script to the same chart. Another MT4 limitation.

If you scroll left/right too fast, it might take the script a few seconds to catch up. Pressing F12 or Shift-F12 (which scrolls one candle at a time) might help.

The script will run continuously until you stop it. The simplest way to do this is to change your chart to a different timeframe, and then answer YES to the 'Do you want to stop the script....?' question that pops up.

If you want to change the settings, drag the script onto your chart again, and answer YES to the question that pops up.

That's the best I can do. If it's unsatisfactory, maybe somebody else can come up with a better solution. The source code that I've posted should be easy enough for another programmer to follow.

hanover,
great - that is it - works as expected.

Thanks a lot

Hello,

i searched something like that for a little idea that i got once.
i mean if u lets say are using a 5 min time frame, you can change the size of it as you want to. so if the chart window is small, about 1/8 of the total screen size you could use it as trend idi or buy/sell signal respectiv stoploss. An uptrending markret would never appear on the lower part of the chart. kind of price action thing.
it might be that its not working but ...........

thx
me

i attached it to the chart and nothing happens. pls help me?

Good Morning,
I wanted to say thank you all for contributing to this wonderful websites.

My request is I need someone who can help me with an indicator that will be able to draw the following automatic horizontal line on these already created session indicator.
i).A Cyan Horizontal line on the last 5 months High and Low with a label at the end starting with last 4months as 4MH(For Last 4 Month Hi) and 4ML(For Last 4 Month Lo),
3MH(For Last 3 Month Hi) and 3ML(For Last 3 Month Lo), 2MH(For Last 2 Month Hi) and 2ML(For Last 2 Month Lo) and 1MH(For Last 1 Month Hi) and 1ML(For Last 1 Month Lo), and the current month Hi and Low will be 0MH(For Last 0 Month Hi) and 0ML(For Last 0 Month Lo) as the label.

ii) A Magenta Horizontal line on the last 5 weeks High and Low with a label at the end starting with last 4Weeks as 4WH(For Last 4 Week Hi) and 4WL(For Last 4 Week Lo),3WH(For Last 3Week Hi) and 3WL(For Last 3 Week Lo), 2WH(For Last 2 Week Hi) and 2WL(For Last 2 Week Lo) and 1WH(For Last 1 Week Hi) and 1WL(For Last 1 Week Lo), and the current Week Hi and Low will be 0WH(For Last 0 Week Hi) and 0WL(For Last 0 Week Lo) as the label.

iii) A Blue or Yellow Horizontal line on the last 5 Days High and Low with a label at the end starting with last 4Days as 4DH(For Last 4 Day Hi) and 4DL(For Last 4 DAY Lo),3DH(For Last 3DAY Hi) and 3DL(For Last 3 DAY Lo), 2DH(For Last 2 DAY Hi) and 2DL(For Last 2 DAY Lo) and 1DH(For Last 1 DAY Hi) and 1DL(For Last 1 DAY Lo), and the current DAY Hi and Low will be 0DH(For Last 0Day Hi) and 0DL(For Last 0Day Lo) as the label.

Also, I will like to have a thick two horizontal like to be configured separately on the High and Low of the 1st one hour of each trading session open as well and I want it all to be able to work on all time frames. Which means I will have 3 separate Hi and Low horizontal line configure on Asian,Europe and US Session.

I will like to make this into an EA and I will forward entry,exit paramters when we finish thisdf first set

And I will want them to be configure either separately or I should be able to put them on as an indicator on any of the MT4 template that I have.

Can anyone help with this?Thanks

Dear coder,

Thanks for read my message. I would like to get little help from you. I have an CCI14 indicator that draw arrow in chart. But I need to add an horizontal line option that will automatically draw after appear the arrow. After draw the arrow either Red or Blue a horizontal line need to draw automatically at the low of the Blue arrow candle and at the high of the Red arrow candle and line will continue until cross any candle boy, if pin bar line will never stop to draw.

mq4 and JPG attached

Thanks.