PrimeLevelsBlack - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources

Doblas, Domas4 and Traderathome

The indicator will place up to 6 lines on the chart in a continuous pattern at the major levels of your choice. You can repeat this pattern as many times as you want. For example, you can choose to place the line at an integer, add 20 points, add 33 points, add 50 points, add 66 points, add 80 points, and then add the next integer. The range's lines can then be repeated above and below this initial range. You can set as many scope levels as needed above and below the initial scope. Alternatively, you can select zero additional ranges and when the price moves to the next whole number, the initial range will automatically fill below or above the next whole number.

When using solid lines, the lines individually can be of any color and style, and can be of any thickness. You can turn each line on/off individually. You can turn on/off the right margin price tag when the row is full screen width. You can choose to have the line stop at the current candle. Lines can be slaved. To specify the level of a line, just enter the last two digits of the price level.

Line labels can be of any color, font size, and font style. You can give the label a name of your choice (for example: Psych Level) and include a price. Labels can range from the right (0) to the far left (100) of the current candle and can be subordinate. Zooming in and out of the chart will replace the labels, but their selected positions will be restored with the next data tick.

The indicator has an ON/OFF switch, so you can turn off the indicator when you don't need to display the main levels, but still retain the settings of the chart. You can also enter a time range beyond which the indicator will automatically not be displayed. This enables switching to a larger time frame for analysis and allows the chart to clearly display the indicator.

EURUSD.f,H1:PrimeLevelsBlack

EURUSD.f,M15:PrimeLevelsBlack

EURUSD.f,M5:PrimeLevelsBlack

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Attachment download

📎 primelevelsblack.mq4 (14.5 KB)

Source: MQL5 #13164