Forex Horizontal Grid Lines Indicator
From the Old Kings archive: Forex Horizontal Grid Lines Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is a grid of orders at fixed price steps. It is set up for gold. It has 16 settings, for example HGrid Weeks (default 10), HGrid Pips (default 15.0) and HLine 2 (default MidnightBlue). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Indicator
Forex Horizontal Grid Lines Indicator is an indicator for MetaTrader 4. It is set up for gold (XAUUSD). It has 16 settings, such as H grid weeks, H grid pips and H line 2. MQL source code included.
Files in the download: horizontal_grid_lines.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| H grid weeks | 10 | Weeks |
| H grid pips | 15.0 | H-Grid Size |
| H line 2 | MidnightBlue | H-Grid 1 Round Number Color |
| Line 2 width | 1 | H-Grid 1 Width |
| Line 2 style | STYLE_DOT | H-Grid 1 Style |
| H line 1 | MidnightBlue | H-Grid 2 Non Round Number Color |
| Line 1 width | 1 | H-Grid 2 Width |
| Line 1 style | STYLE_DOT | H-Grid 2 Style |
| H grid | hg | Label Text |
| Show label | true | Label Visible |
| Font color | DodgerBlue | Label Color |
| Font size | 11 | Font Size |
| Font bold | false | Font Bold |
| Font corner | 1 | Corner |
| Left right | 25 | Left - Right |
| Up down | 190 | Up - Down |
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 · Gold (XAUUSD) · MT4 Indicator · MQL4 Source Code