Figure Builder
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use Figure Builder
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.
Description & Settings
The tool draws a shape based on a number of points added to a chart. Press and hold Ctrl and left-click on a chart to add a point. Once the 'Dots Max Number' points is added to chart, the program plots a shape.
All commands:
Ctrl + Left Click - add a point on the chart.
Ctrl + Backspace - undo the last action.
Ctrl + Delete - delete all graphical objects from the chart. The command deletes all graphical objects with the names starting with the characters specified in 'Objects prefix name'. The prefix can be specified as 'name' or 'name*' – the two ways work the same. Settings
Objects prefix name
- the prefix, based on which all objects whose name start with the specified set of characters will be deleted. The prefix can be specified as 'name' or 'name*' – the two ways work the same. If an empty string is specified here, 'Figure' will be used as the prefix.
The "Dot" Block
Dots Max Number
- number of points; once they are added, the program will draw a shape.
Empty Dot Code
- the code of an empty point.
Empty Dot Width
- the width of an empty point.
Filled Dot Code
- point code of a drawn shape.
Filled Dot Width
- the width of a point of the drawn shape.
The "Line" Block
First Dot Line Left Ray
- drawing the line on the first point as a ray to the left.
Last Dot Line Right Ray
- drawing the line on the last point as a ray to the right.
Lines color
- the color of the shape lines.
Lines Style
- the style of the shape lines.
Lines Width
- the width of the shape lines. Examples
