Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Scripts

The intersections of two lines - script for MetaTrader 4

Views:
8112
Rating:
(11)
Published:
2021.01.12 23:32
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

A friend asked a question, which became an excuse for me to play some memory with the math lessons of years ago! 😊 (Then say what is the use of high school arithmetic and geometry; this is a very practical example of the same course 😉)


In MetaTrader 4, we intend to calculate the intersection coordinates of two straight line objects with different slopes using MQL4.


I will give a general explanation:

If the horizontal axis of the chart means time X and the vertical axis of the chart means price Y. For each line on the chart having two points from it or one point and the slope of the line, get the equation of those two lines.

Finally we have a set of equations, which, by mathematical calculations and writing one variable on another and substituting it for another function, gives the values ​​of X and Y, which are the coordinates of the intersection of two lines.


I tried to solve the problem with a few simple and clean lines of code, which also has an educational aspect, I also put down the source code file.




Translate by google translate.

Telegram: @JahanChart


    Send a message from metatrader to telegram Send a message from metatrader to telegram

    With this script, you can send a message from MetaTrader 4 to Telegram.

    Smart Forex System Open Version Smart Forex System Open Version

    Force=((Bid-close)/close)*10000;

    Corrected moving averages Corrected moving averages

    Corrected moving averages

    Log4mql(mini) MT4 Log4mql(mini) MT4

    A light header-only version of Log4mql that provides standardized logging.