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Price Ray

5

Price Ray indicator is a utility that will improve the way you trade. Primarily, it shows the Bid, Ask or Last price as a line ray which beams till the current candle, last visible chart candle or extended to all candle bars. The enhanced features in this indicator provide information in an area where you focus most, right next to the current candle. You can select text to be shown above or below the Price ray. The indicator is fully customizable, allowing it to fit any strategy requirements.

The indicator allows the display of the following text above or below the price ray. Below are the options:

  • Bid, Ask, Last Price (server feed required)
  • Current spread (in pips or points)
  • Bid price with spread
  • Candle Range (High-Low & Open-Close) » The range and the body size for a defined time-frame candle in pips -> the range as HL (High-Low) and the body size as OC (Open-Close).
  • Candle Timer (actual or as percentage)
  • Option not to show any of the above

The indicator allows customisation of Line (extension, style, width and colour), Dot (enabled or not, dot size, shifting the dot and line ray to the left) and the Text (font, size and colour). You can choose whether the colour of Price Ray is constant, or it changes based on trend. Also, you can select the bullish or bearish colour for the trend.

The ideal way to determine a trend is to look at the chart with trend lines drawn on the highs and lows. Added to this, the strategy may include, to determine whether the current price is above or lower to opening price for a higher time-frame. Price Ray indicator changes the line ray colour based on bullish or bearish candle body of a selected timeframe. Price Ray also shows Range (high & low) with open price for trend target timeframe. I have illustrated a strategy to trade based on the trend of a higher timeframe candle in the User Guide.

Price Ray includes a comprehensive Candle Timer which displays remaining seconds to the close of a time-frame candle, either above or below a Price Ray. It triggers a notification alert irrespective of the selection of candle timer as a text. The indicator announces an alert at specified seconds before close of the current candle. You can select the alert as a pop-up or a bird chirping sound. There is an option to select from a list of notification sounds (Canary, Cardinal, Meadowlark, Owl, or a Rooster). I have included a button to enable or disable the notification sound. You may decide to disable the sound alert temporarily. It is also useful when the indicator is being used in multiple charts.

Please note:
  1. The display of "Last Price" depends on the availability of price feed (data) from the server.
  2. The indicator changes the Chart Properties (Function key - F8: Common tab) for enabling and disabling the default selected Price to be shown as the Line ray. You can change it when needed.
Product Links:
User Guide
MT4 version


Recensioni 10
MohamadAmin99
14
MohamadAmin99 2024.09.05 20:24 
 

very good

Calogero Vella
562
Calogero Vella 2024.05.24 19:22 
 

Many thanks for this helpfull Indicator!!!

Seyedmohammad Alhosseini
89
Seyedmohammad Alhosseini 2023.11.30 08:08 
 

AWESOME

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4.25 (8)
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
MT5 To Telegram Copier
DaneTrades Ltd
5 (1)
Invia segnali completamente personalizzabili da MT5 a Telegram e diventa un fornitore di segnali! Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente attraente. Personalizza le tue impostazioni e inizia a utilizzare il prodotto in pochi minuti! Guida dell'utente + Demo  | Versione MT4  | Versione Discord Se desideri provare una demo, consulta la Guida dell'utente. Il mittente di MT5 a Telegram NON funziona nel tester di strategia. Funzionalità di MT5 a Telegr
Easy Strategy Builder 5
Gheis Mohammadi
5 (4)
The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
Take a Break MT5
Eric Emmrich
4.75 (16)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
The product will copy all  Discord  signal   to MT5   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT5. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
Stats Dashboard
Apex Software Ltd
5 (2)
Caratteristiche Principali Metriche Dettagliate di Profitto e Prestazioni Analisi dei Dati in Tempo Reale Rapporti Riassuntivi Giornalieri Vista del Calendario Mensile Filtro per Algoritmi Specifici (Numeri Magici) Analisi dei Dati in Tempo Reale Accesso ai Dati di Trading in Tempo Reale : Rimani aggiornato sugli ultimi movimenti del mercato e sulle tue prestazioni di trading. Prendi Decisioni Informate Basate sull'Analisi del Mercato in Tempo Reale : Utilizza dati aggiornati per decisioni di tr
News Trade EA MT5
Konstantin Kulikov
4.5 (10)
Presento un utile robot che io stesso utilizzo da diversi anni. Questo robot può essere utilizzato sia in modalità semiautomatica che completamente automatica. Il programma contiene le impostazioni flessibili per fare trading sulle notizie del calendario economico. Non può essere verificato nel tester delle strategie. Soltanto il vero lavoro. Nelle impostazioni del terminale è necessario aggiungere il sito delle notizie all’elenco degli URL consentiti. Fare clic su Strumenti > Opzioni > Consu
MT5 To Notion
DaneTrades Ltd
5 (2)
Questo programma ti permetterà di esportare tutti i tuoi scambi dal tuo account MetaTrader direttamente in Notion usando un'interfaccia utente molto amichevole.  Versione MT4  |  Guida dell'utente + Demo Per iniziare, utilizza la Guida dell'utente e scarica il Modello Notion. Se desideri una demo, consulta la Guida dell'utente. Non funziona nel tester di strategia! Funzionalità principali Esporta tutti gli scambi dal tuo account di trading nel tuo Notion Esporta gli scambi in corso e gli ordini
Altri dall’autore
Session Timer
Keni Chetankumar Gajanan -
4.56 (9)
A complete Session Timer that shows the current time, session information with remaining time, chart display of range (high-low) and open price, of current and previous sessions for major markets, and option to add an additional city. A friendly user interface with clickable icons, customizable panel location and format, selection of colors and text. It automatically handles the DST (daylight saving) settings. It also shows the GMT/UTC and server (broker) time. And includes a Candle timer option
FREE
Fibonacci Dimension
Keni Chetankumar Gajanan -
4.6 (5)
'Fibonacci Dimension' indicator allows display of preset or user-defined multi-timeframe Fibonacci levels. It automatically takes the previous high and low for two user-defined timeframes and calculates their Fibonacci retracement levels. It also considers the retraced level to draw the expansions on every change of price. A complete visual dimension in multiple timeframes allows deriving profitable strategies for execution. The functionalities included are: Provides an option to consider a pres
FREE
Fibonacci Dimension MT4
Keni Chetankumar Gajanan -
5 (4)
'Fibonacci Dimension' indicator allows display of preset or user-defined multi-timeframe Fibonacci levels. It automatically takes the previous high and low for two user-defined timeframes and calculates their Fibonacci retracement levels. It also considers the retraced level to draw the expansions on every change of price. A complete visual dimension in multiple timeframes allows deriving profitable strategies for execution. The functionalities included are: Provides an option to consider a pres
FREE
Session Timer MT4
Keni Chetankumar Gajanan -
5 (4)
A complete Session Timer that shows the current time, session information with remaining time, chart display of range (high-low) and open price, of current and previous sessions for major markets, and option to add an additional city. A friendly user interface with clickable icons, customizable panel location and format, selection of colors and text. It automatically handles the DST (daylight saving) settings. It also shows the GMT/UTC and server (broker) time. And includes a Candle timer option
FREE
Price Ray MT4
Keni Chetankumar Gajanan -
3 (1)
Price Ray indicator is a utility that will improve the way you trade. Primarily, it shows the Bid, Ask or Last price as a line ray which beams till the current candle, last visible chart candle or extended to all candle bars. The enhanced features in this indicator provide information in an area where you focus most, right next to the current candle. You can select text to be shown above or below the Price ray. The indicator is fully customizable, allowing it to fit any strategy requirements. Th
FREE
Current Price
Keni Chetankumar Gajanan -
5 (2)
A simple and functional Current Price Panel that shows magnified Bid, Ask and spread price, that can be moved by using the mouse, to any location of the chart window. The functionality included are: Customize Current Price Panel Width and Height, Row and Column gap. Background color, background transparency and border color. Font, its size and color. Move the panel to any location of chart window. Option to show current spread as pips or points. Highlight spread in different color if it crosses
FREE
Current Price MT4
Keni Chetankumar Gajanan -
5 (1)
A simple and functional Current Price Panel, which shows magnified Bid, Ask and spread price and can be moved by using the mouse, to any location of the chart window. The functionality included are: Customize Current Price Panel Width and Height, Row and Column gap. Background color, background transparency and border color. Font, its size and color. Move the panel to any location of chart window. Option to show current spread as pips or points. Highlight spread in different color if it crosses
FREE
PnL Calendar MT4
Keni Chetankumar Gajanan -
Monitoring your trades over time helps you build up your account balance and shows when you miss your goals. Viewing the closed trades of a symbol on the chart can help you adjust your strategy for better results. Maintaining a trade book allows you to record the applied strategy and note the reason for taking each trade. It helps you to evaluate and refine strategies based on its profitability. A possibility to download the Account history as a text file with delimited fields, allows upload to
PnL Calendar
Keni Chetankumar Gajanan -
Monitoring your trades over time helps you build up your account balance and shows when you miss your goals. Viewing the closed trades of a symbol on the chart can help you adjust your strategy for better results. Maintaining a trade book allows you to record the applied strategy and note the reason for taking each trade. It helps you to evaluate and refine strategies based on its profitability. A possibility to download the Account history as a text file with delimited fields, allows upload to
Filtro:
MohamadAmin99
14
MohamadAmin99 2024.09.05 20:24 
 

very good

Keni Chetankumar Gajanan -
9329
Risposta dello sviluppatore Keni Chetankumar Gajanan - 2024.09.07 05:45
Thanks for the review
Calogero Vella
562
Calogero Vella 2024.05.24 19:22 
 

Many thanks for this helpfull Indicator!!!

Keni Chetankumar Gajanan -
9329
Risposta dello sviluppatore Keni Chetankumar Gajanan - 2024.05.27 04:17
Thanks Calogero for the nice review.
Mary Gomes
277
Mary Gomes 2024.04.15 15:55 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Keni Chetankumar Gajanan -
9329
Risposta dello sviluppatore Keni Chetankumar Gajanan - 2024.04.15 18:57
Thanks Mary,
I am glad you find the indicator useful.
JAY - B
18
JAY - B 2024.02.18 07:58 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Keni Chetankumar Gajanan -
9329
Risposta dello sviluppatore Keni Chetankumar Gajanan - 2024.02.18 08:29
Thanks JAY-B, I really appreciate the encouragement.
Seyedmohammad Alhosseini
89
Seyedmohammad Alhosseini 2023.11.30 08:08 
 

AWESOME

Keni Chetankumar Gajanan -
9329
Risposta dello sviluppatore Keni Chetankumar Gajanan - 2023.11.30 09:38
Thank you, Seyed. I value the positive review and am happy to know that you found the product useful.
RUTTO2
430
RUTTO2 2023.09.28 09:15 
 

Indicator works very well. If you want to see important information like bid/ask/spread and timer on chart all at once, get this one. Very good

Keni Chetankumar Gajanan -
9329
Risposta dello sviluppatore Keni Chetankumar Gajanan - 2023.09.28 09:35
Thanks #RUTTO2 for the review. Really appreciate it 🙏 Kind regards, Keni
Tyler Sanchez
548
Tyler Sanchez 2022.11.07 20:00 
 

Many thanks to the developer for this indicator! I have a suggestion, in a next update could you allow the text to be in the center?

Fxsterling
21
Fxsterling 2022.02.28 15:57 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Keni Chetankumar Gajanan -
9329
Risposta dello sviluppatore Keni Chetankumar Gajanan - 2022.03.01 01:54
Thank you.
Bilal Habboub
83
Bilal Habboub 2022.02.07 11:16 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Keni Chetankumar Gajanan -
9329
Risposta dello sviluppatore Keni Chetankumar Gajanan - 2022.02.07 12:47
Hi Bilal,
Thanks for your review. I request more clarity on the issue. Is it possible to send a screenshot of the changes made by you to "Inputs" tab for indicator on MT5? You can attach the screenshot if you add this issue in the "Comments" tab on this page.
Regards, Keni
Aleks_91
107
Aleks_91 2021.12.12 19:05 
 

отлично! Спасибо.

Rispondi alla recensione
Versione 2.5 2024.02.28
- Minor fixes and improvements.
Versione 2.4 2024.02.09
» Fix: Handles candle/bar gap at Open for some symbols (e.g. Gold)
Versione 2.3 2024.01.26
- Code improvements » Improved speed for display of Price Ray and information
Versione 2.2 2024.01.23
Added Functionality:
- Range Display on chart » Choose to show range for previous or current period
Versione 2.1 2024.01.04
- Range fix -> Holidays
- Pips of Points -> HL and OC
Versione 2.0 2023.12.05
- Added Functionality:
» Show a current range for a selected timeframe on the chart
» Show spread as pips or points
» Added the button to show or hide range
» Changed the button for Candle Timer. Possible to align buttons vertically or horizontally
» Possible to extend or shorten price ray upon clicking the line or dot
Versione 1.8 2023.07.14
- Fixes and code improvements
Versione 1.7 2023.01.05
- Functionality Option Added -> Show as Ray -> Bid and Ask Price - shows both Bid and Ask price for spread to be seen visually (requested by Payman for MT4)
- Functionality Option Added -> Text to be shown -> Candle Timer: Time left for close (%) - shows percentage of time left for candle close (requested by Payman for MT4)
- Minor fixes and improvements.
Versione 1.6 2022.12.01
- Option to move text display away from the dot
- Minor fixes and improvements
Versione 1.5 2022.09.14
- Minor fixes and improvements.
- Changed check for “Notify seconds before end time” to a minimum of 5 seconds
Versione 1.4 2022.04.16
- Fix : Calendar Timer
Versione 1.3 2022.02.07
- Added a Notification Toggle button to enable or disable the Candle Timer Sound alert.
- Changes of input parameters in the Properties window (Dot and Line shift, Toggle button location)
- Minor fixes and improvements.
Versione 1.2 2022.01.19
- Added an option to select Notification alert sound (Canary, Meadowlark, Cardinal, Owl, Rooster).
- Changes of input parameters in the Properties window (selection of Notification Sound).
- Minor fixes and improvements.
Versione 1.1 2021.12.24

- Candle timer updated each second and with Notification alert as Pop-up or bird chirping sound.
- Inclusion of Last Price shown as the Price Ray and in the selection of text.
- Changes of input parameters in the Properties window.
- Minor fixes and improvements.