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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.

Bewertungen 2
fxcommentary
1928
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.

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Laszlo Tormasi
5 (15)
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5 (2)
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Nina Yermolenko
5 (1)
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CAP Strategy Builder EA
MEETALGO LLC
4.84 (31)
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow adding more strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trad
Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extende
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fxcommentary
1928
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 
 

Der Benutzer hat keinen Kommentar hinterlassen

Awrightus
71
Awrightus 2019.07.20 10:30 
 

Der Benutzer hat keinen Kommentar hinterlassen

Antwort auf eine Rezension
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.