• Overview
  • Reviews (7)
  • Comments (9)
  • What's new

Smart Ruler

The tool is designed to measure the distance between two points on the chart and much more.

Measured value list:

  • Distance in points
  • Profit (with and without spread)
  • Time difference
  • Percentage change in price
  • Tilt angle
  • Number of bars
  • Number of bullish bars
  • The sum of points of bullish bars
  • Number of bearish bars
  • Sum of points of bearish bars

Features:

  • Magnetizing to OHLC prices
  • Automatically set a color profile based on the background color of the chart
  • Different types of pointers to choose from
  • Displaying the values of points selected on the chart
  • Different types of display of the measurement area
  • Double click and key control
  • Flexible setting of fonts and colors
  • Setting transparency graphics
  • Invisible mode (when idle, the indicator does not display anything on the screen)

How to use it:

  1. Put the indicator into measurement mode. There are three ways how to do it: clicking the button, double-clicking the left mouse button on the chart, pressing the corresponding key.
  2. Set the first point by clicking the left mouse button in the desired place on the chart.
  3. Set the second point. The meter window will display the values selected in the input parameters. You can display the measurement results in the "Experts" tab by pressing the corresponding key.

Description of input parameters

General settings:

Parameter
By default
Description
 Title
"Ruler"
 Indicator title. Displayed on the measurement start button. When using multiple indicators "Smart Ruler" on one chart must be unique.
 Stealth mode  false  Invisible mode, the button is not displayed. To start the measurement, you need to use a double click or keys.
 Automatic color
 true
 Automatic setting of the color profile based on the background color of the chart. If you want to customize the colors yourself, set this parameter to false.

Measurement settings:

Parameter
By default
 Description
 Magnet mode
 OHLC
 Magnetizing mode to OHLC prices.
 Magnet radius, px
 10
 The cursor must be no further than the specified value in pixels from the price (OHLC) for magnetizing to occur.
 View of pointer
 Cross
 Pointer view (crosshair or arrow)
 Pointer color
 Yellow
 Pointer color
 Arrow code
 108
 Arrow code (if the pointer is an arrow), the allowed values can be found in the Wingdings table
 Arrow size
 8
 Arrow size (if arrow is selected)
 Pointer line style
 Dot
 Pointer line style (if pointer selected is crosshair)
 View of range
 Rectangle
 Measurement range view - rectangular area formed by the diagonal from (T1, P1) to (T2, P2). Can be displayed as a rectangle or diagonal line with or without projections
 Range color
 DarkOliveGreen
 The color of the lines or fill of the rectangle indicating the measurement range
 Range line style
 Dot
 Line style if "line" or "line with projections" range view is selected

Appearance settings for button, meter window and control keys are intuitive and do not need a description.

Display of measured values is switched on by setting their position in the meter window (from 1 to 16). When setting the same position values, the values will be displayed in the order in which they appear in the input parameters.

Note 1. When you enable the option to use the spread, the current spread is used to calculate the profit.

Note 2. The horizontal deviation is more a symbolic value. It is calculated as a = arctan(dpp/(k*len)), where dpp is the distance in points, len is the number of bars (including outside bars), k is the coefficient of the time scale (parameter Angle coeff). The coefficient is chosen for every price and time scale individually.

Reviews 7
django427
360
django427 2021.04.01 17:24 
 

Beautiful

aprils-alcove
98
aprils-alcove 2020.08.11 01:01 
 

Great simple indicator and love the price.

Dmytr Npwmnysz״
1494
Dmytr Npwmnysz״ 2018.04.17 22:31 
 

долго откладывал его покупку. просто и необходимо.

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The Navigator is a next-generation panel very easy to use. Apply this indicator on the chart to navigate very quickly through all the symbol and timeframes listed in input. The arrows manage the zoom and time frames. You can customize both the graphic colors and the list of symbols to display. A quick and easy tool that it will help to analyse the charts. Input Values Show_TF_Panel (true/false) it permits to show/hide panel with TF and Arrows 32 symbols COLORS AND SIZE SETTINGS BUTTON_WIDTH B
50 USD
Ultimate No Nonsense Backtester
Ultimate No Nonsense Backtester
I Kai Wu
Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below! Join the   discord   for this backtester, you can have my direct support on there. Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester Ultimate NNFX Backtester is a powerful utility tool that significantly reduces the length of backtesting process for NNFX followers.  As well as for Forex traders that
84.99 USD
Expert A2SR Reader MT4
Expert A2SR Reader MT4
Yohana Parmi
Guidance at  https://www.mql5.com/en/blogs/post/738504 ️ The EA that reads A2SR for automatic trading.  - - This means that - this EA needs  technical analysis A2SR   to work together  in the same chart. No one can code all people's views completely  of  the market into a single program . * where perfection belongs only to God .   * Positive energy of your review is the strength for me to  continue developing , updating   & upgrading  this EA  - Thank you.  + This EA is made with har
98 USD
Monte Carlo Predictor MT4
Monte Carlo Predictor MT4
Evgeny Shevtsov
The utility refers to probabilistic analysis tools, in particular the Monte Carlo method. The Monte Carlo method is defined as the simulation of processes in purpose to evaluate their probabilistic characteristics and apply them to the solvable task. Operation features The simulation uses a tick model with the subsequent transformation to the candles form, as a model as close as possible to the real market process. The utility generates a stream of a random tick sequence until a result with th
39 USD
News Loader Pro
News Loader Pro
Vu Trung Kien
News Loader Pro is a tool that automatically updates every economic news in real time with detailed information from several online data sources. It uses the unique technology to load data with full details from popular Forex websites. An alert will be sent to your mobile/email before an upcoming news release. Moreover, it also marks the news release points on the chart for further review and research. In Forex trading, news is one of the important factors that move the market. Sticking with new
79 USD
Custom Market Watch
Custom Market Watch
Tsvetan Tsvetanov
The Custom Market Watch ( CMW ) is a professional grade trading application which allows you to operate effortlessly with large number of symbols and multiple open positions simultaneously from one chart. The Custom Market Watch shows the most essential daily technical information for each symbol in combination with very simple and easy to use trading interface where you can monitor the net exposure for each symbol and you can open and close positions with one click. The app is automatically syn
59 USD
Easy Virtual Trader
Easy Virtual Trader
Anoop Sivasankaran
Version 5 Updated ! Setup Easy Virtual Trader > Input your Rules > You are ready to trade from mobile or another EA or anywhere....Let robot manage your Trades !  This powerful EA will help you manage ALL or SPECIFIC trades automatically based on your PRE-SET rules and settings Once it is setup and running on just one chart, you don't need to monitor your orders anymore, the software will keep watching and control your orders with your predefined rules You can trade from your desktop MT4 or fro
40 USD
TP1 TP2 TP3 panel
TP1 TP2 TP3 panel
Denis Paul Richard Remanjon
TP1 TP2 TP3 panel is a simple tool designed for manual trading. It helps you to follow free or paid forex signals with multiple take profit (TP1 TP2 TP3). Fill the fields (volume, SL, TP1, TP2, TP3) in pips or price, press the ‘Sell’ or ‘Buy’ buttons and the program opens 3 identical orders. It also adds TP1 and TP2 lines on chart. When TP1 is reached, the program automatically closes order #1 and moves SL for order #2 and order #3 according to your settings. When TP2 is reached, the program aut
32 USD
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Smart Ruler MT5
Smart Ruler MT5
Serhii Shevchuk
The tool is designed to measure the distance between two points on the chart and much more. Measured value list: Distance in points Profit (with and without spread) Time difference Percentage change in price Tilt angle Number of bars Number of bullish bars The sum of points of bullish bars Number of bearish bars Sum of points of bearish bars Features: Magnetizing to OHLC prices Automatically set a color profile based on the background color of the chart Different types of pointers to choose fr
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Smart Ruler MT5 Demo
Smart Ruler MT5 Demo
Serhii Shevchuk
The tool is designed to measure the distance between two points on the chart and much more. This is a free version of the Smart Ruler MT5 indicator designed to evaluate a product before purchasing. The limitation of this version is that it only works on demo accounts. Measured value list: Distance in points Profit (with and without spread) Time difference Percentage change in price Tilt angle Number of bars Number of bullish bars The sum of points of bullish bars Number of bearish bars Sum of po
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Smart Ruler Free
Smart Ruler Free
Serhii Shevchuk
The tool is designed to measure the distance between two points on the chart and much more. This is a free version of the Smart Ruler indicator, designed to evaluate a product before purchasing. The limitation of this version is that it only works on the EURJPY pair. Measured value list: Distance in points Profit (with and without spread) Time difference Percentage change in price Tilt angle Number of bars Number of bullish bars The sum of points of bullish bars Number of bearish bars Sum of poi
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RS Levels MT4 Demo
RS Levels MT4 Demo
Serhii Shevchuk
Demo version of RS Levels MT4. Allows estimating the indicator on EURUSD. The indicator plots horizontal support and resistance levels using grouping of extrema. The levels are displayed as lines whose color depends on how many times the level was a support or resistance line over the specified interval. You can also display counters for support, resistance and age of the level in text format. The age of the level indicates how many bars back the level had the most recent impact on the price (on
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Magnifier Demo
Magnifier Demo
Serhii Shevchuk
This is a demo version of the indicator Magnifier. Its difference from the full version is the periods of the additional charts are calculated automatically - as the nearest smaller periods in descending order. For example, if the period of the main chart is H1, then the period of the first additional chart will be M30, the second chart - M20, etc.
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RS Levels MT4
RS Levels MT4
Serhii Shevchuk
The indicator plots horizontal support and resistance levels using grouping of extrema. The levels are displayed as lines whose color depends on how many times the level was a support or resistance line over the specified interval. You can also display counters for support, resistance and age of the level in text format. The age of the level indicates how many bars back the level had the most recent impact on the price (on the chart time frame as specified in the settings). Given the age of the
30 USD
Signal Researcher
Signal Researcher
Serhii Shevchuk
The utility is designed to build the TOP of signals using the user's own formula. And also, to obtain the statistical characteristics of a trading history downloaded as a file from the "Signals" service. Tab " TOP Builder " works as follows: The utility receives a list of signals available in the terminal. The received signals are filtered by the condition specified in the "pre-filter" field. For signals filtered, the statistical characteristics are calculated, then the user parameter specified
30 USD
Signal Researcher Demo
Signal Researcher Demo
Serhii Shevchuk
Утилита предназначена для построения ТОП-а сигналов по собственной формуле пользователя. А также, для получения статистических характеристик торговой истории, загруженной в виде файла из сервиса "Сигналы". Важно! Демо-версия предназначена для ознакомления с работой утилиты. Она является полнофункциональной, с тем лишь ограничением, что работает только с демо-сигналами , и только с теми, что доступны в вашем терминале. Вкладка " TOP Builder " работает следующим образом: Утилита получает список си
FREE
Magnifier
Magnifier
Serhii Shevchuk
The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
10 USD
RS Levels MT5
RS Levels MT5
Serhii Shevchuk
The indicator plots horizontal support and resistance levels using grouping of extrema. The levels are displayed as lines whose color depends on how many times the level was a support or resistance line over the specified interval. You can also display counters for support, resistance and age of the level in text format. The age of the level indicates how many bars back the level had the most recent impact on the price (on the chart time frame as specified in the settings). Given the age of the
30 USD
Filter:
django427
360
django427 2021.04.01 17:24 
 

Beautiful

aprils-alcove
98
aprils-alcove 2020.08.11 01:01 
 

Great simple indicator and love the price.

SpeedBug
1351
SpeedBug 2019.04.05 05:25 
 

Good (3 stars) 1 extra star for price, once updated it will jump to $30. Grab it while you can.

leo Wong
105
leo Wong 2018.07.23 10:45 
 

a good utility

Dmytr Npwmnysz״
1494
Dmytr Npwmnysz״ 2018.04.17 22:31 
 

долго откладывал его покупку. просто и необходимо.

Vidya-Trading
371
Vidya-Trading 2017.07.16 23:33 
 

Very useful tool! Thanks!

Иван Чемадура
878
Иван Чемадура 2015.05.09 19:55 
 

Полезный инструмент!

Спасибо Автору

Reply to review
Version 2.10 2021.04.19
Added input parameter "Do not switch off mouse move event", default value: true. Leave the default if you are using other mouse-controlled indicators with this indicator.
Version 2.0 2021.04.14
1. Completely revamped graphical interface.
2. Added keyboard controls: start measurement, cancel, change the lot size for calculating the "Profit" parameter, output the measurement results to the "Experts" tab.
3. Ability to work in the "invisible" mode, when there are no graphical objects on the graph in the idle state, enter the measurement mode by double-clicking or pressing a hotkey.
4. A prefix for the name of graphical objects has been introduced, which allows launching several indicators with different "Title" values on one chart.
5. Added parameters: percentage change in price, number of bullish bars, number of bearish bars, and others.
6. Improved algorithm magnet to the prices on the chart.
7. Added the ability to edit parameter names.
Version 1.1 2015.07.06
1. Added the "Point multiplier" parameter. It multiplies points by a selected value before displaying. Default value is 1.
2. Added the "Text auto color" parameter. If set to "true", the text color will be selected automatically according to the chart background color. Default value is "true".