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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.

Comentários 3
fxcommentary
1887
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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Utilitários
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Utilitários
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Utilitários
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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
1887
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 
 

O usuário não deixou nenhum comentário para sua avaliação

Responder ao comentário
Versão 2.11 2021.11.22
Recompiled with latest MT4 build, requested by mql5.com
Versão 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.