Simple Horizontal Grid - MetaTrader 4 Script | Grid EA Download - MT4/MT5 Resources - MetaTrader 5 Resources

This indicator places a series of equally spaced adaptive horizontal lines on the chart. The lines update with every change to the diagram and are independent in sign or scale. If the user changes the vertical scale, the indicator adds or removes lines accordingly.

The lines come in two colors, the main color is used exclusively for the lines glued to the round numbers, and the weak color is used for the auxiliary lines placed equidistantly between the lines of the round numbers.

Users can swap their colors.

The indicator works out of the box, but there are some parameters that the user can adjust.

Additional input settings:

suggestion:

The standard grid should be turned off (ctrl+G) when using this indicator

Turning on object descriptions (F8 - Show Object Descriptions) makes line labels visible on the left. They can be used as a replacement for hidden tick labels.

Attachment download

📎 simplehorizontalgrid.mq4 (8.03 KB)

Source: MQL5 #14929