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Line break chart PRO

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.

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Artur Zas
4.2 (5)
The robust charting solution enables creating custom live range bar charts on the MetaTrader 4 trading platform. You can apply all of the standard and custom indicators and technical studies directly to the range bar charts and you can run EAs directly on these charts as well* (for details see text below the input summary). To create a range bar chart you need to attach the Range Bar indicator to a standard time frame (1 minute is recommended) and use the indicator's settings to generate a live
Professional range bar charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections) very responsive charts An Expert Advisor (EA) is used to create a RangeBar custom chart and provide real-time updates. It is an MT4 "offline" range bars chart equivalent. The simplicity of use - Attach the EA to any time-based chart that you wish to see Range Bars for, input your desired parameters and you are ready to go! You can attach any MT5 compatible indicat
A countdown timer for the  Volume bar chart generator  and  Tick chart generator  products, which are available for download from the MQL5 Market: Tick chart generator: https://www.mql5.com/en/market/product/29215 Volume bar chart generator: https://www.mql5.com/en/market/product/47197 The counter conveniently displays the number of ticks or transactions (depending on the chart) that need to pass for a new bar to start printing. The user can set the following indicator inputs. Volume type
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Robust trading panel for use on any symbol (including RangeBars or Renko custom symbols). The tool can be placed anywhere on the chart and offers the following array of features: One-click instant order entry. Pending order entry using horizontal lines on the chart Pending order entry using keys in Entry price (E/P) and optional Stop Loss (S/L) and/or Take Profit (T/P) A choice between fixed trading volume or risk-based volume calculation based on the available account equity, entry price, and t
Create and trade timeframes in seconds. The bar time duration is freely adjustable from 1 second and up. The chart is accurately constructed using real ticks from the broker's server. Main characteristics The indicator is an overlay on the main chart, making it possible to utilize one-click trading and on-chart order manipulation. History calculated using real tick data. Built-in technical studies: 4 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weighted using tick or rea
The extreme volume indicator helps identify turning points in the market by pinpointing spots of higher than average volume. Such points usually indicate the start of a trend or a turning point in the market. The indicator averages out volume readings over an extended period of time and calculates a volume threshold level. When this level is breached, it identifies the most likely trend direction using the trend of the candle that breached the volume threshold. The direction indicator (red or gr
CMI - Profit from trending and ranging markets. The CMI indicator is a two-part system used to trigger both trend and counter-trend trades, that has been introduced by Daniel Fernandez in an article published in Currency Trading Magazine (August 2011 issue). It is a simple, yet effective indicator, which gauges whether the market has behaved in a choppy (non-directional) manner or trending (directional) manner. CMI calculates the difference between the most recent bar's close and the close n bar
The trend scalper candles are used to identify short-term trends based on the readings of the MACD, RSI and ATR indicators. All indicator calculations are visualized by candle colors which are overlapped on the chart. The indicator uses gray , green and red colors to paint individual candles, which gives you a lot of useful and easy to read information. Gray candles Gray candles indicate a range bound period and the information can be used to trade breakouts. Simply mark the high and low of th
The professional line break chart generator is used to create live line break charts (i.e. 3 line break ). The chart is plotted using MT4's offline charging facility thus making it possible to trade* directly from the chart as well as attach any of the standard or custom indicators to perform technical analysis. 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 - t
The Trade Tracker Library is used to automatically detect and display trade levels on custom charts. It is an especially useful add-on for EAs that trade on custom charts in MT5. With the use of this library, the EA users can see trades as they are placed via the EA (Entry, SL & TP levels) in real-time. The header file and two examples of EA skeleton files are attached in the comments section (first comment). The library will automatically detect the tradable symbol for the following custom
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Version 2.5 2021.07.28
Bug fixes and code maintenance release.
Version 2.4 2021.05.17
Added duration & range info to data window.
Version 2.3 2021.05.12
Bugfix version
Version 2.2 2021.05.11
Fixed compatibility with StereoTrader when "Shift objects with chart" is set to YES;
Optimized indicator inputs.
Version 2.1 2021.05.06
Fixed MA cross alert bug when the MAs used the shift parameter
Version 2.0 2021.04.23
Added 4 MAs
Added channel indicator
Added pivots
Added alerts
Minor bug fixes
Version 1.1 2020.06.16
Recompiled for better compatibility with the latest MT5 builds