How can I implement an indicator to show me something like this picture in MT4 using MQL4 ?
As you can see there are 5 colored ribbons or boundaries or whatever you wish to call it. With pre-specified high and low prices.
I suppose it is very simple. User will specify those ribbons low and high prices in indicator setting and indicator should draw those regions.
I just don't know how to draw a ribbon like this in mql4. I tried DRAW_LINE but it got me nowhere. I just need a clue.
I have written some experts before but never worked with an indicator.
Does it have to be an indicator or could it be implemented in a script as well ?
Hello,
use ObjectCreate() and the OBJ_RECTANGLE
you can define the size by your own.
dont forget to DeInit
amando
Hello,
use ObjectCreate() and the OBJ_RECTANGLE
you can define the size by your own.
dont forget to DeInit
amando
Thanks amando !
Does it matter where to call this function ?
I mean could I call it from OnCalculate() so that I can have ribbons for new prices as well or just call it from OnInit is enough ?
(In experts I used OnTick function and I was able to do what I want with new incoming ticks/prices)
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There are 5 colored ribbons or boundaries or whatever you wish to call it. With pre-specified high and low prices.
I suppose it is very simple. User will specify those ribbons low and high prices in indicator setting and indicator should draw those regions.
I just don't know how to draw a ribbon like this in mql4. I tried DRAW_LINE but it got me nowhere. I just need a clue.
I have written some experts before but never worked with an indicator.
Does it have to be an indicator or could it be implemented in a script as well ?