Horizontal Grid Lines - MetaTrader 5 Script | Grid EA Download - MT4/MT5 Resources - MetaTrader 5 Resources
This indicator creates static horizontal price lines at specific intervals on the chart. These lines are very useful in price action trading.
In order to use this indicator, add the indicator to the main chart and select the appropriate number of lines and intervals according to your requirements. You can also change the line color and style.
Attachment download
📎 mfcs_gridlines.mq5 (4.47 KB)
Source: MQL5 #13572
Horizontal grid lines - MetaTrader 5 script | Grid EA download - MT4/MT5 resource usage and screening suggestions
Horizontal grid lines - MetaTrader 5 script | Grid EA download - MT4/MT5 resources are grid EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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