mc v a - multichart visual analyser
Info
The mc v a - multichart visual analyser is a Script for MetaTrader 4 that the script creates three "main" graphic objects: two vertical lines and a linear regression. when user moves any of the three objects, the "connected" objects are automatically repositioned on the chart.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use mc v a - multichart visual analyser
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
the script creates three "main" graphic objects: two vertical lines and a linear regression.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.
Description & Settings
Related: Transaction Visualization on Chart from Report - another powerful script for MetaTrader 4 traders.
the script creates three "main" graphic objects: two vertical lines and a linear regression.when user moves any of the three objects, the "connected" objects are automatically repositioned on the chart.when the script is run on multiple charts, objects can be moved in any of them, the positioning of the "connected" objects is performed on all charts. the script does not depend on the timeframethe figure below shows the script operation with the pairs eurusd (m5), gbpusd (m15), usdchf (h1)Also recommended: Stop Loss and Take Profit Scripts for MT4/MT5 - similar script with strong performance on MetaTrader 4.
You may also like: identify the potential best days to trade (improve your strategy) - mt4 - excellent alternative for script users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#define id "mcva script"
#define vline1_name "mcva vl1_time"
#define vline2_name "mcva vl2_time"
#define linreg_name "mcva lr"
datetime glvar_prv_time1;
datetime glvar_prv_time2;
datetime glvar_cur_time1;
datetime glvar_cur_time2;.......
⚠ 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.