Simple Horizontal Grid

The indicator places a series of equidistant adaptive horizontal lines to a chart. The lines are updated with every chart change and are independent on symbol or scale. If the user changes the vertical scale, the indicator adds or removes lines accordingly.

Thank you for reading this post, don't forget to subscribe!

The lines have two colours, the primary colour is dedicated to lines glued to round numbers, the weak colour is for secondary lines equidistantly placed between the round-number lines.

The user may swap their colours.

The indicator works out of box, but user may adjust a few parameters.

Additional input settings:

density of lines (distance between lines)
number of secondary lines between two primary lines
switch off displaying the primary line labels on the scale

MT4 Indicators – Download Instructions

[post-title] is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

[post-title] provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install [post-title].mq4?

  • Download [post-title].mq4
  • Copy [post-title].mq4 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on [post-title].mq4
  • Attach to a chart
  • Modify settings or press ok
  • Indicator [post-title].mq4 is available on your Chart

How to remove [post-title].mq4 from your Metatrader 4 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Download Metatrader 4 Trading Platform:

  • Free $30 To Start Trading Instantly
  • No Deposit Required
  • Automatically Credited To Your Account
  • No Hidden Terms

MT4 Indicators Download below:
Simple Horizontal Grid

Download All Indicators

Related Software