AutRay Trendline

AutoRayTrendline — Auto-Extending Trendline Tool for MT5

What it does

AutoRayTrendline is a lightweight indicator that automatically extends any trendline you draw by hand, so it keeps projecting into the future without you having to enable the "Ray" option manually every time.

You still draw the line yourself — placing the anchor points exactly on the candle wicks you want — but the moment you finish drawing, the tool switches on the right-side extension for you.

How to use it

  • Attach AutoRayTrendline to any chart and timeframe.
  • Select the standard Trend Line tool from the MT5 toolbar (or right-click the chart → Objects → Trend Line).
  • Click on the first swing point (the starting high or low), then click on the second point — the one you want the line to pass through exactly.
  • As soon as you release the second click, the tool automatically enables the right-side extension. The line now projects forward on its own — no manual "Ray" toggle needed.
  • To fine-tune the line later, click on it to select it, then drag either endpoint. The extension updates in real time as you move the points.
  • Settings

    Input Description
    InpApplyToExistingLines If true, any trendlines already on the chart get the auto-extension applied as soon as the indicator is loaded.
    InpRayRight Enables the automatic right-side extension (on by default).
    InpRayLeft Enables extension to the left as well, if you also want the line projected backward.
  • This tool does not automatically draw or detect trendlines — you place the points yourself, giving you full control over exactly where the line touches.
  • It works on any symbol and timeframe.
  • No trading logic is involved whatsoever; it only affects how manually drawn trendlines are displayed.
  • When the rating is low, I'll delete it as usual.
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    PriceAlert
    Ryoma Iwayama
    Here's how to use the BTC_PriceAlert.mq5 indicator in MetaTrader 5: What it does It's a custom indicator (not an EA) for BTCJPY that draws horizontal alert lines on your chart and fires a notification when price touches your specified upper or lower target. It checks the high/low of each bar (wick touches count, not just closes). Install the indicator Copy BTC_PriceAlert.mq5 into your MT5 data folder under MQL5/Indicators (File > Open Data Folder in MetaEditor or MT5). Compile it in MetaEditor
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    Product Title Multi-Stage Fibonacci Structure – Wave-Based Support & Resistance English Description A Fibonacci structure designed to identify high-value price levels by preserving the Fibonacci relationships created during previous market waves. Instead of drawing Fibonacci levels only from the most recent high and low, this method keeps the important levels created during previous 1st to 5th wave structures and uses them as reference points for future price action. The key concept is simple: P
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