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PerfectLine

5

When drawing a trend line or other objects, there is a natural deviation when you place the object from a higher time frame, and then go to watch it in a lower time frame.

PerfectLine is a technical indicator that solves this problem.

Once you touch a line after drawing it, Perfect Line will find the exact spot in the lower time frame available for it's position and then rectifies where it should be.

Perfect Line uses a five pixels pre-established tolerance, if a difference between the line's node and the Open, High, Low or Close of the closest candle is in this range, the adjustment will be done automatically for the right time in the lower possible time frame. If you want to increase or decrease this 5 pixels tolerance you can change it in the indicators properties.

If you want also that PerfectLine adjust the price to the closest value (Open, High, Low or Close) of the adjusted position, just set true the "Adjust Price" option.

If you want to see how it works watch the video.

Reviews 3
fxcommentary
1892
fxcommentary 2022.08.18 01:05 
 

Good tool! Thank you.

edit 04.09.2022: Very happy with tool.

edit 12.10.2022: I would not be able to work without this tool.

pandiras
149
pandiras 2020.07.22 19:05 
 

Awesome tool - that should definitely be standard mt4 stuff.

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The Trade Assistant is designed for the manual trader who needs assistance to manage orders.  First analyze the trend by using a good indicator like Gold Stuff .  Once you have established the main trend, start your orders with the Trade Assistant and use the “buy” and “sell” buttons on panel of the chart to open orders.  The trader can choose to build a grid with or without a multiplier, or just use a single trade according to the different options in the setting. Real-time results can be view
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Sergio D. Rocha
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Sergio D. Rocha
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Sergio D. Rocha
4.29 (7)
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Sergio D. Rocha
This indicator plots a line that shows the high and low of a higher time frame than the one where you have actually in your chart. For example if you want to see the high and low of the day while you are in 1hour chart, set Boundaries to Daily. Boundaries have predefined Monthly, Weekly, Daily and Hourly time frames, but if you want to use a different timeframe, just choose the option Other_TF and write on the next field the minutes for your desired timeframe. As MT4 only works beyond M1 with 5,
This indicator works exactly the same as the Boundaries indicator, but here as a free demo that only shows the high and low of the week. As the Boundaries indicator does, this indicator can work with any symbol. In the Colors tab you can set the color for the Upper and Lower boundaries. Please review the pics or watch the Boundaries indicator video to better understand how it works.
AntiCursing
Sergio D. Rocha
Having a trade about to reach its take profit and suddenly see that it turns around to go strait ahead to your Stop Loss is one of the few things that makes me curse (a lot). This is why I created AntiCurse. Just add this Expert Advisor to an empty chart, set a "Trigger" and "Lock" in its properties and you'll have one less reason to curse! AntiCursing Settings: "Trigger" is set in percentage terms, it is the distance between the entry price and the Take Profit that needs to be covered in orde
The Polarized Fractal Efficiency (PFE) was introduced by Hans Hannula in 1994. The indicator was intended to quantify the efficiency of price movement and  how trendy or choppy  the recent past price action has been. This is calculated by contrasting the price traveled in the window of study  against the total accumulation of movements during the same period of time. For example: If in 10 days, an active raised from 50 to 100, by increasing it's value 5 points or dollars each session, the effici
CrossAlert
Sergio D. Rocha
Cross Alert is an all-in-one solution for oscillators' cross over and under. Cross Alert manages the levels for the cross under and cross over separately. Thanks to this you can use it to signal zero cross over (by fixing both levels, above to below, and below to above as zero) or over-bought and over-sold levels (like 70 and 30) as well.  With CrossAlert you can also avoid alerts from one kind of crosses (overs or unders), for example if you are in an uptrend perhaps you do not want to have ale
AdvancedTradeLog
Sergio D. Rocha
5 (2)
AdvancedTradeLog is a system that allows you to keep visual register of what you had in your chart when you take a trade decision. Basically it takes screenshots of your chart each time you open, modify or close a trade. But not just that, AdvancedTradeLog gives you the ability to record the reasons of why you take those decisions. All who had been trading some time knows that keep a track-record of what you decide and why on the market, is a powerful tool to improve your performance. AdvancedTr
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fxcommentary
1892
fxcommentary 2022.08.18 01:05 
 

Good tool! Thank you.

edit 04.09.2022: Very happy with tool.

edit 12.10.2022: I would not be able to work without this tool.

pandiras
149
pandiras 2020.07.22 19:05 
 

Awesome tool - that should definitely be standard mt4 stuff.

Awrightus
71
Awrightus 2019.07.20 10:30 
 

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Version 2.11 2021.11.22
Recompiled with latest MT4 build, requested by mql5.com
Version 2.0 2014.07.28
- Added option to rectify the line since it's creation.
- Added option to remove the line from the upper time-frames (Automatic correction from line's creation is needed to this choice).
- Improved the search for the minimum time-frame where the node appears, making the search process independent for both nodes.
- Added a function to flatten trend lines draw as horizontal level as part of the rectification process.