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Horizontal Ray Pro

Description:

Please tick "Show object descriptions" in chart properties to enable hrays views

That utility converts a trendline into a horizontal ray known as tool for drawing supply and demand zones. Simply create a trendline on a chart and once selected, it will get converted. Ray remains horizontal while dragging. 


Quick ray plot: press "R" key to create horizontal ray. It will be snapped to the nearest OHLC value

Further versions will be improved. For feature request please post new comment. 

Inputs:

  • keyCode - ASCII code of ray creating key( default: 82 code = "R" key)
  • showPrice - showing dynamic price on the left side of a ray( default: false)
  • showDistanceToBidPrice - adding discance to bid price in points
  • showTimeframe view - adding timeframe on which hray was orginally created
  • hraysUpdatingPeriod
    0 means recalculate every tick.
    If real-time takes too much CPU, please specify a period in secs.
    also useful to update values when the market is closed
  • debugMode - useful to remap trigger key (default <R>) 
  All views are displayed in square brackets


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This utility allows to quickly scan markets on different timeframes without dragging symbols from Market Watch. It supports multi timeframe analysis, ie. 3 different timeframes can be scanned. Additionally, it saves objects drawn of chart to file and synchronize its between other windows. Also, this utility will automatically save all objects and drawing to a file and restore when switching back; also template will be loaded on other charts, too. The watchlist is based on instruments listed on M
This indicator scanning thorough the history and drawing horizontal rays on all bars untested lows and highs. Fresh supply/demand zones and support/resistance levels will be marked down. It allows to be sure that certain levels is fresh and has not been tested yet. Usually after strong departure price is not retesting base immediately and leaving unfilled orders.  There is no inputs, so indicator is ready to go. Version for MT5 is also available here:  https://www.mql5.com/en/market/product/3084
This indicator scanning thorough the history and drawing horizontal rays on all bars untested lows and highs. Fresh supply/demand zones and support/resistance levels will be marked down. It allows to be sure that certain levels is fresh and has not been tested yet. Usually after strong departure price is not retesting base immediately and leaving unfilled orders.  There is no inputs, so indicator is ready to go.
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Version 1.13 2022.08.01
Fixed H-ray fields not showing on default chart.
Fixed occasionally H-ray being projected to the left.
Version 1.12 2022.04.22
* modified showPrice display mode in square brackets
* changed addPeriodAsPrefix input name to showDistanceToBidPrice
* added showTimeframe view
* added hraysUpdatingPeriod
0 means recalculate every tick.
If real-time takes too much CPU, please specify a period in secs.
also useful to update values when the market is closed
* added debugMode - useful to remap trigger key (default <R>)

as always, feel free to suggest any feature that can be useful ;)
Version 1.11 2021.05.24
- added defaultColor option
- added addPeriodAsPrefix option - this will add a timeframe to ray description during its creation