GridLinesX
- Indicators
- Version: 1.0
GridLinesX is a lightweight and efficient utility for MetaTrader 5 designed to help traders visualize price levels with precision. Whether you are a Grid Trader, a Scalper, or simply need to mark psychological price levels, GridLinesX automates the process instantly.
Forget about drawing manual horizontal lines one by one. Simply define your High/Low range and the grid step (in points), and the tool will generate a clean, customizable grid overlay on your chart.
Key Features:
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Customizable Range: You have full control over the upper (High) and lower (Low) price limits.
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Point-Based Precision: Define the grid gap in Points (e.g., 500 points for 50 pips), ensuring accuracy across different asset classes like Forex, Gold (XAUUSD), or Indices.
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Performance Optimized: Built with efficiency in mind. The indicator draws objects once and does not consume CPU resources on every tick.
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Clean Chart Management: Automatically removes all grid lines when the indicator is removed from the chart, keeping your workspace tidy.
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Fully Customizable: Adjust line color, style, and width to match your chart template.
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Information Tooltips: Hover over any line to see the exact price level.
Input Parameters:
1. Grid Settings
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High Price: The maximum price level for the grid ceiling.
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Low Price: The minimum price level for the grid floor.
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Grid Step (Points): The distance between each line measured in Points.
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Example: For EURUSD (5 decimals), input 100 = 10 Pips.
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Example: For XAUUSD (2 decimals), input 100 = $1.00 movement.
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2. Style Settings
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Line Color: Choose the color of the grid lines.
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Line Style: Select from Solid, Dash, Dot, etc.
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Line Width: Adjust the thickness of the lines.
How to Use:
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Drag and drop GridLinesX onto your chart.
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Set your desired High and Low price boundaries.
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Enter the Grid Step (e.g., 500 points).
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Click OK. The grid will appear instantly.
Developed by: sigp.fyi Copyright © 2025. All rights reserved.
