Forex Horizontal Grid Lines Chart Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Horizontal Grid Lines Chart Indicator. As the name suggests, the idea behind it is a grid of orders at fixed price steps. It has 7 settings, for example Grid Colour (default Salmon), Intermediate Colour (default Maroon) and Note Line Style (default {0}___ {1}_ _ {2}... {3}). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Horizontal Grid Lines Chart Indicator
Forex Horizontal Grid Lines Chart Indicator is an indicator for MetaTrader 4. It has 7 settings, such as Grid colour, Intermediate colour and Note line style. MQL source code included.
Files in the download: Grid10.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Grid colour | Salmon | Colour on the chart |
| Intermediate colour | Maroon | Colour on the chart |
| Note line style | {0}___ {1}_ _ {2}... {3}_._ {4}_.._ | |
| Grid style | STYLE_DOT | |
| Intermediate style | STYLE_DASHDOTDOT | |
| Note intermediate line | Percentage = 0 / 10 / 20 / 25 / 50 | |
| Intermediate line percent | 0 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Grid · MT4 Indicator · MQL4 Source Code