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Length Movement

Measures the length of the selected movement in points, shows the duration of the movement, as well as the speed of movement. Outputs the average value of each dimension.
It is designed to calculate the expected target based on typical market movements.
The intended goal will provide information about the ratio of the stop size to the possible profit and will allow you not to open positions with a small expected profit.
It will also help you determine the point at which it is more logical to close a position. 

Building a line: click the "Ruler" button and draw a line (clicking the mouse - the first point of the line, where the mouse is released - the second point of the line).
(Lines, text placemarks, and the goal are only visible on the time graph where they were drawn.)

Line changes: select a line and drag it with the mouse.
When you rebuild a line, the value of the text label and the goal (if the goal is enabled) will change immediately.

Delete all measurement lines: click "Ruler_Del". During the number of seconds selected in the "Ruler_Del_Cancel" setting, the "Ruler_Del" button can be clicked to cancel, and the "Ruler_Del" command will be canceled.

Delete the selected measurement lines: select the measurement line and press "delete" on the keyboard. The text label from the measurement line will also be removed, and the goal will change.

Building a goal: the "Target" button sets/deletes a goal. To calculate the goal, you need at least two lines in different directions.

Line_Metrics - Text label of the line.
For example, we have an ascending line with the parameters: P:817 4H*10 S: 81. the line Length is 817 points, the line is drawn on a 4-hour chart, based on 10 candles, (that is, the time of the movement(line) is 40 hours).
The speed of the motion in paragraphs 81. This means that on average, each candle participating in the line construction passed 81 points.

Average_Lines_Metrics - Text label for "average values". LM: Line Up:3 P:1586 4H*40 S: 39 means that the text label of the average value is calculated based on 3 ascending measuring lines Line Up: 3 (measuring lines of 0 points, lines of other time periods and tools are not taken into account in the calculations).
The average line length in points is 1586 points P:1586.
The graph where the lines are counted is 4-hour 4H*40. On average, the line consists of 40 4h*40 candles.
On average, the price passes 39 points S:39 per candle.


The size of buttons and text labels for "average values" depends on the font in the Button_Font setting and its size in the Button_FontSize setting.
On-screen buttons can be dragged with the mouse.
You can assign keyboard shortcuts to on-screen buttons (a-Z, 0-9).


Settings

  • Ruler_key - hotkey for drawing a measuring line (you can assign (a-Z, 0-9)) .
  • Ruler_Del_key - hotkey for deleting all measuring lines (you can assign (a-Z, 0-9)) 
    (measurement lines are deleted after the pause selected in the Ruler_Del_Cancel setting).
  • Target_or_Target_Del_key - hotkey for setting / deleting a goal (a-Z, 0-9)
  • (you need at least two lines in different directions to set a goal).
  • Ruler_Del_Cancel - time to cancel the Ruler_Del_key command (in seconds).
  • Button_Background_Color - buttons background color (if Button_Background_Color=clrNONE, the buttons background is the same as the graph background color).
  • Button_Pressed_Color - color of the text and border of the Ruler button when pressed.
  • Line_Metrics_Indent - indent of the text label from the measuring line (in points).
  • Line_Metrics_Orientation - displays the labels of measuring lines vertically / horizontally / diagonally.
  • Target_Orientation - left-hand / right-hand placemark of the goal.
  • Here are the most important settings. You can also change the following characteristics for measuring lines, buttons, and text labels: color, thickness, font, and font size.
Reviews 2
krisnara123
854
krisnara123 2020.12.15 20:57 
 

Amazing way to study the market's past.The ruler shows the points,time and speed.The Hotkey feature is very useful too.The Ruler can also be conveniently dragged to any part of the screen.Thanks Pavel for creating this !

SpeedBug
1170
SpeedBug 2019.04.24 10:15 
 

A very quick and easy way of measuring in points. It is unique and have not found anything like it! Excellent support from Pavel.

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This program is designed to test ideas and acquire analytical skills. The main task of the analyst is to be able to predict the direction and range on the chart, where the price should soon come. This product cannot be tested in the tester. All the functionality is shown in full in the description and screenshots. How it works : Situations for analysis are selected at random. (The more historical data, the greater the number of examples). Click " Start Game ". Between the orange vertical li
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Alert Creator
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The Alert Creator indicator is designed to create alerts for selected conditions. You can select one or several indicators for the notification. If several conditions are selected, the alert is triggered when all the selected conditions are met. The signals can be configured separately for buying and separately for selling. Example, a buy alert: the closing price is above the moving average, the RSI is below 20. (In this example, 2 indicators are used to generate an alert: MA and RSI) At
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Turn MT5
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The indicator shows the market turning points (entry points). Reversals allow you to track rebound/breakout/testing from the reverse side of the lines of graphical analysis or indicators. Reversals can be an independent signal. The indicator allows you to determine reversals taking into account the trend and without it. You can choose a different period for the movement preceding the reversal, as well as the volatility coefficient. When plotting reversals, the indicator takes into account vola
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Length Movement MT5
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Pavel Verveyko
Measures the length of the selected movement in points, shows the duration of the movement, as well as the speed of movement.   Outputs the average value of each dimension. It is designed to calculate the expected target based on typical market movements. The intended goal will provide information about the ratio of the stop size to the possible profit and will allow you not to open positions with a small expected profit. It will also help you determine the point at which it is more logical t
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Filter:
krisnara123
854
krisnara123 2020.12.15 20:57 
 

Amazing way to study the market's past.The ruler shows the points,time and speed.The Hotkey feature is very useful too.The Ruler can also be conveniently dragged to any part of the screen.Thanks Pavel for creating this !

SpeedBug
1170
SpeedBug 2019.04.24 10:15 
 

A very quick and easy way of measuring in points. It is unique and have not found anything like it! Excellent support from Pavel.

Reply to review
Version 1.5 2020.12.08
Added a goal label - the goal is set automatically if the "goal" button is enabled.
(to set a goal, you need at least two lines in different directions).

Added text placemark orientation (right/left).

Added the ability to cancel the "delete all measuring lines" command
(you can select the desired number of seconds in the settings).

Average time indicators have been added to the "average values" text labels. And the number of measurement lines.
Version 1.4 2020.12.02
Added text labels for "average values".
"Average values" are calculated along the lines of the time period of the open chart.
The "measuring line" drawn on the H4 graph is visible and is taken into account in calculations only on the H4 graph.
Version 1.3 2020.12.01
1 Added new information about the line: time (now you can see the time period on which the line is drawn, and the number of candles in the line of this time period).
2 Added new information about the line: speed (average size of candlesticks in the line).
3 Improved drawing mechanism: you need to click the "Pips" button and draw on the graph (clicking the mouse is the first point of the line, where the mouse is released - the second point of the line).
4 Now you can drag the buttons with the mouse.
5 Keyboard shortcuts (you can assign keyboard shortcuts (A-Z) to on-screen buttons).
6 When you rebuild a line, the value of the text label changes immediately.
Version 1.2 2020.06.09
Recompilation.
Version 1.1 2019.06.18
Added settings:
1) indentation of the price tag.
2) option for calculating points (standard, fractional, rounded).