Need MT4 Indicator revised or re-created

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!

you need to post the mq4 file if you want someone to modify it !

Well, just goes to show how much I know about this kind of stuff ... unfortunately I don't have the mq4 file, just the ex4 file and no way to get access to the mq4 file of that particular indicator.

However, I do have the mq4 file of an indicator that does just about the same thing as the Round Prices Indicator which I've attached (found that one here in the forum).

Maybe that will help ... ???

Try this, sort of does what you want but no time now to play with it.

HTH

Here's one I just put together.

This was almost what I wanted, but euclid (next response after yours) actually hit the nail on the head for me ... but thanks very much for responding to my post!

Woo-Hoo!!! This is EXACTLY what I was looking for ... thank you thank you thank you!!!

Hello to all,

I´m getting crazy trying to hide the price label on the y-axis
of this great "grid indicator" from Shimodax. Unfortunately I am
not experienced with MT4 coding language...

-> Could anyone please help me - the only thing I would like
to see on the chart are the drawn horizontal lines at the "50"
and "00" levels, but NO PRICE LABELS on the y-axis.

How can I do that ?

Thank you so much in advance

Regards
Robert

_____

//+------------------------------------------------------------------+
//| SweetSpots.mq4 |
//| |
//| |
//+------------------------------------------------------------------+
#property copyright "Copyright Shimodax"
#property link "http://www.strategybuilderfx.com"
#property indicator_chart_window

extern int LinesAboveBelow= 10;
extern color LineColorMain= DarkSlateGray;
extern color LineColorSub= DarkSlateGray;
double dPt;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
dPt = Point;
if(Digits==3||Digits==5){
dPt=dPt*10;
}
return(0);
}
int deinit()
{
int obj_total= ObjectsTotal();

for (int i= obj_total; i>=0; i--) {
string name= ObjectName(i);

if (StringSubstr(name,0,11)=="[SweetSpot]")
ObjectDelete(name);
}

return(0);
}

//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
static datetime timelastupdate= 0;
static datetime lasttimeframe= 0;


// no need to update these buggers too often
if (CurTime()-timelastupdate < 600 && Period()==lasttimeframe)
return (0);

int i, ssp1, style, ssp;
double ds1;
color linecolor;

ssp1= Bid / dPt;
ssp1= ssp1 - ssp1%50;
for (i= -LinesAboveBelow; i<LinesAboveBelow; i++) {
ssp= ssp1+(i*50);

if (ssp%100==0) {
style= STYLE_SOLID;
linecolor= LineColorMain;
}
else {
style= STYLE_SOLID;
linecolor= LineColorSub;
}

ds1= ssp*dPt;
SetLevel(DoubleToStr(ds1,Digits), ds1, linecolor, style, Time[10]);
}
return(0);
}

//+------------------------------------------------------------------+
//| Helper |
//+------------------------------------------------------------------+
void SetLevel(string text, double level, color col1, int linestyle, datetime startofday)
{
int digits= Digits;
string linename= "[SweetSpot] " + text + " Line", pricelabel;


// create or move the horizontal line
if (ObjectFind(linename) != 0) {
ObjectCreate(linename, OBJ_HLINE, 0, 0, level);
ObjectSet(linename, OBJPROP_STYLE, linestyle);
ObjectSet(linename, OBJPROP_COLOR, col1);
ObjectSet(linename, OBJPROP_WIDTH, 0);
}
else {
ObjectMove(linename, 0, Time[0], level);
}
}

This should do it

HTH

1000´s thanks for your fast help !!! It works perfectly.
Thanks again and sorry for the obsolete second post.
Good trading to you.

Regards
Robert

May I ask what you changed in the code and why it then worked ?
I am still trying to learn... Thank you again !!!

The code was provided so that you could see it !!

Changed HLines to trend lines and then the associated coding.

Ok, thank you again !!!
Regards
Robert

... I need a simple indicator for MT4 that takes to read as possible at a glance.

Do you mind shearing how you trade the round price indi?

Hi guys... Please can someone help me with a custom Horizontal line that shows price level on the chart...?..

Someone kindly help me out