Indicator that draws Horizontal Lines ??

[devils_advocate]

I had seen an indicator (i dont remem the name, was 'Golden Lines' or something), which draws Horizontal (support & resistance) lines, from a given price point at a specified distance between them.

 

Can anyone here help me with the name of such an indicator n better give me link for download ?

 

Thanks

D_A_

[Sixer]

D_A_,

 

check the 2nd indicator of the following link if it is acc. to your request:

 

http://codebase.mql4.com/ru/8129

 

Sixer

[devils_advocate]

Thx Sixer for reply, but NO that indicator is not the kind I want.

 

In the indicator you have recommended I cannot choose the distance between the horizontal lines.

 

I want an indicator which draws horizontal lines above n below a price level given by me and each line should be separated by same difference in pips, which would also be specified by me.

Edited May 29, 2012 by devils_advocate

[shabz]

Indicator is called Quickdraw.mq4

 

It will draw from any designated starting price and draw 5 levels up & 5 levels down again a set number of pips apart.

 

I will try & upload it for you or just google the indicator name.

Edited May 30, 2012 by shabz

[dannydon786]

//+------------------------------------------------------------------+

//| quick draw.mq4 |

//| .....h |

//| hayseedville.com |

//+------------------------------------------------------------------+

#property copyright ".....h"

#property link "hayseedville.com"

 

#property indicator_chart_window

 

extern double start = 0.0;

extern int pips = 100;

extern int steps = 5;

extern bool DrawUp = true;

extern bool DrawDown = true;

extern color clr = Blue;

 

//+------------------------------------------------------------------+

//| Custom indicator initialization function |

//+------------------------------------------------------------------+

int init()

{

//---- indicators

//----

return(0);

}

//+------------------------------------------------------------------+

//| Custom indicator deinitialization function |

//+------------------------------------------------------------------+

int deinit()

{

//----

 

//----

return(0);

}

//+------------------------------------------------------------------+

//| Custom indicator iteration function |

//+------------------------------------------------------------------+

int start()

{

int counted_bars=IndicatorCounted();

//----

int i;

 

if(DrawUp)

{

for(i=0; i<steps;i++)

{

Draw("up"+i,start+pips*i*Point);

}

}

 

if(DrawDown)

{

for(i=0; i<steps;i++)

{

Draw("dn"+i,start-pips*i*Point);

}

}

 

 

 

 

//----

return(0);

}

//+------------------------------------------------------------------+

 

 

void Draw(string name, double level)

{

ObjectDelete(name);

ObjectCreate(name, OBJ_HLINE, 0, 0, level);

ObjectSet(name, OBJPROP_STYLE, STYLE_SOLID);

ObjectSet(name, OBJPROP_WIDTH, 2);

ObjectSet(name, OBJPROP_COLOR, clr);

}

[Django]

here it is:https://www.box.com/s/b202c5ab027b922c3d67

and:https://www.box.com/s/19e0e2d87fee48771174

Mq and ex files

 

Indi calls Horizontal Line Indicator

Edited May 30, 2012 by Django
name added

[devils_advocate]

Thanks very much Django, Danny & Shabz. Needed this indicator. Both quickdraw n horizontal line indicator do same thing. But, i like the latter due to its different color themes as it helps to identify starting point in jst a glance.

 

thanks again for help. :)

[shabz]

I use one that does the 500 & 000 lines. These levels are worth keeping an eye on, price stalls at these levels very often.

There are many out there, the one I use is called "whole numbers".

[devils_advocate]

thx everyone!!!