Line break chart PRO
- Indicators
- Artur Zas
- Version: 2.5
- Updated: 28 July 2021
- Activations: 5
A professional line break chart which is displayed directly in the chart window thus making it possible to trade directly from the MetaTrader 5 charts.
The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart.
Wicks can be displayed or hidden on the chart - they give a lot of additional information regarding the underlying price action.
The indicator's settings include:
- Line break number - determines the number of lines (or previous candle lows/highs) that need to be broken in order to display a reversal line.
- Show wicks (true/false)
- Use max. candles for history calculation
- UseInEA - Set to TRUE if indicator used in an EA (true/false)
- Use padding top/bottom (0.0 - 1.0) - the percentage of the visible price span (high to low) that should be added to the top/bottom of the highest/lowest candle to make the chart more readable
The indicator also features a custom data window where you can inspect each bar's OLHC prices as well as the bar's open time and cumulative volume information.
The data window is displayed by left-clicking on the selected candle while holding down the CTRL key on your keyboard.