Custom Line Levels

Custom Line levels

I will enter a price in the settings, and the indicator will plot a line. Then based on the indicator settings it will plot additional lines positive and negative using a pip distance from the original line.

Button on MT4 chart to turn on/off the indicator lines on chart

Indicator User Inputs (any number can be used for these inputs:)

Initial Market Line Price: ___

Pips Increment for the next level: ____

Number of levels: ____

Initial Market Line Price format option:

Display: Yes/no

Width: ___

Color: ____

Type: ___

Pip Increment Calculated Lines format option:

Width: ___

Color: ____

Type: ___

For example,

Initial Market Line Price: 10

Pips Increment for the next level: 2

Number of levels: 4

The indicator will plot lines at these levels starting from the user defined price (10).