Horizontal Trend Line - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

This indicator places the specified (by color and style) "Trendline" object in a horizontal position by changing the price coordinate of the trendline's second reference point, which by default is located on the right side of the chart.

This script provides a set of functions for creating all standard graphics objects for use in your own development. The functions provided in the script can be used "as is" or modified according to your requirements.

The simplest indicator, showing the percentage change in price since the beginning of the trading session on the current symbol.

A quick comment.

Simple signal indicator based on RSI and moving averages. Buy/Sell arrows are drawn when the RSI is above/below 50 and the price is above/below the MA.

Attachment download

📎 horizontaltrendlines.mq5 (3.37 KB)

Source: MQL5 #48745