grid
Info
The grid is a Indicator for MetaTrader 4 that increased the operation speed, correctly processes the missing bars. if the distance between the vertical lines is noticeably smaller, then the history is missing bars there.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use grid
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
increased the operation speed, correctly processes the missing bars.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: horizontal grid lines - another powerful indicator for MetaTrader 4 traders.
increased the operation speed, correctly processes the missing bars. if the distance between the vertical lines is noticeably smaller, then the history is missing bars there. the idea is to replace the standard grid with a more convenient one for visual work.
Also recommended: simple horizontal grid - similar indicator with strong performance on MetaTrader 4.
recommended for visual work. applications are numerous. up to the creation of trading systems, as it allows to see certain regularities of the price behavior.the vertical line
correspond to the start of an hour. some have different colors.
start of the week - red line,
start of the day - blue line,
start of the month - yellow vertical line.
horizontal line
- placed on psychological (round) levels, like 1.3700, 13750, etc. blue - shape line gray - intermediate levels
optimized the code. fixed the operation flaws. introduced improvements by popular demand. the code contains detailed comments.
You may also like: qg futures/cf d intermarket spread - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property indicator_chart_window
#property indicator_buffers 8
extern double =0; // 0
double ind_buffer_0[],ind_buffer_1[];
double ind_buffer_2[],ind_buffer_3[];
double ind_buffer_4[],ind_buffer_5[];
double ind_buffer_6[],ind_buffer_7[];
double max;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.