Market / MetaTrader 5 / Indicators /

ChartBuilder MT5

60 USD

Demo downloaded: 161

Published: 1 October 2014

Current version: 2.64

ChartBuilder MT5

Indicators
Alexey Navoykov
Version: 2.64
Updated: 17 June 2020
Activations: 5

The indicator is designed for easy construction of synthetic charts based on data of various financial instruments. It will be useful both arbitrage and pair trading, as well as for analysis purposes. Its main advantage is simplicity and clarity. Each chart is given as a common mathematical formula. For example, if you want to plot the spread (difference) between EURUSD and GBPUSD with coefficients 4 and 3, then set the following formula:

EURUSD * 4 - GBPUSD * 3

The resulting chart is shown in the screenshot. But this is one of the simplest examples. Indicator allows you to draw charts of much more complex and interesting things. It also can monitor certain price levels set by the user, and generate a signal when price reaches the levels.

Please find the full description of the indicator on the Comments tab (Russian).

Indicator Parameters

Formula1
Formula2
...
Formula12 - set formulas for each chart
Precision - indicator precision after a decimal point
TimeShift_minutes - time shift for all charts relative to the price scale (in minutes)
TimeSnap_Mode - time snapping resulting values to the displayed bars of the indicator. It can be set in "bars" or in "minutes"
TimeSnap_Size - maximum snapping size. If the time lag between the calculated bar and the actual bar exceeds this size, the bar will not be displayed on the screen. If set to -1, then there are no snapping limits
OpenPrices_Synchronize - full synchronization of bar Open prices by time
Draw Mode - chart drawing mode:

LINE
BARS
CANDLE
SECTION (sections between non-empty values)
HISTOGRAM
POINTS
AUTO (selected automatically in accordance with the selected display mode in the main window)

Interpolation Timeframe - the timeframe for the interpolation of intra-bar values when building synthetic bars. Default is M1
RefreshRate_sec - chart update frequency in seconds
Auto Scale - chart auto scale mode. Specify the number of the main chart; all other charts will be adjusted to the height of this chart
Show Labels - choose location of names of formulas in the chart window (left or right)
Show Bid/Ask - show synthetic Bid/Ask for each chart
Signal_ChartNumber chart number for which signal values and signal lines are used.
Signal_HighValue - the upper signal value, after reaching which a signal will be generated
Signal_LowValue - the lower signal value
Signal_HighLine - the name of the upper signal line, after reaching which a signal will be generated
Signal_LowLine - the name of the lower signal line
Signal_CrossCharts - chart numbers (separated by commas or spaces), when they are crossed a signal will be generated
Signal_Pause - a pause between repetitions of the same signal (in seconds)
Save_ChartNumber - the number of the chart, the values of which should be saved to a text file
Save_FileName - the name of the text file to save chart values
Save_FileDelimiter - text separator used in the file. If nothing is specified, the tab character will be used.

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Version 2.64 2020.06.17

- Добавлена отрисовка координатной сетки. Параметр GridStep задаёт шаг сетки по ценовой шкале. Если задано -1. то шаг подбирается автоматически. Если 0, то сетка не рисуется. Параметр GridColor задаёт цвет сетки.

- Разрешены пробелы после имени функции.

- Названия "Bid" и "Ask" не отображаются, если их уровни совпадают.

- Исправлены баги.

Version 2.61 2019.06.08

- Added "Spread" function, which receives an average spread for each bar of the specified time series:
Spread (symbol, timeframe, barshift). It is measured in absolute(price) units (e.g. 0.0015). And if you need to get value in points then use a similar function - "SpreadPips".

- Added "TickVolume" and "RealVolume" functions, receiving tick volumes and real volumes for each bar of the specified timeseries:
TickVolume (symbol, timeframe, barshift)
RealVolume (symbol, timeframe, barshift)
The previously existing Volume function is equivalent to RealVolume

- Fixed bugs.

Version 2.56 2017.11.03

1. Optimized graphics, improved performance.

2. Added parameter "RefreshRate_sec" that specifies the refresh rate of the graphics in seconds. It allows to adjust the load on the CPU.

3. Added parameter "OpenPrices_Synchronize" meaning the full synchronization of the multiple symbols prices while synthesizing the bar open price. In other words, when calculating a candle chart synthesized of several symbols, the open price of the synthetic bar is calculated based on the close prices of minute bars for each symbol to achieve the maximum result accuracy. This mode is enabled by default. It was also used in the previous versions. If 'false', the open price of the synthetic bar is calculated based on open prices of initial symbols' bars which may lead to inaccurate values since the open prices synchronization between various symbols is not guaranteed.

4. Added new functions:

- Line(), LineTime(symbol, period, barshift), LineBar(symbol, period, barshift) - get the time or bar number for the vertical line on the chart (similar to LineClose, etc.)

- If(condition, value_for_true, value_for_false) - if condition is 'true', then return the first argument, otherwise return the second one.

- Empty() - return an empty value that is not displayed on the chart and any operations with this value also return an empty value. It can be used inside the "If" function when you need something to be drawn on condition.

5. Added math operations: >= and <=

6. Fixed errors.

Version 2.41 2016.11.30

- Increased the amount of charts up to 12
- Improved the appearance in candles mode
- Added button (icon) to hide or show all formulas
- Added functions:
- Time(symbol, timeframe, shift) - get bar time
- Bar(symbol, timeframe, shift) - get bar number
- Improved performance
- Fixed some errors

Version 2.38 2015.10.13

- Fixed errors.

Version 2.37 2015.08.19

- Fixed errors
- Added check boxes next to names of formulas for quick enabling/disabling each formula

Version 2.33 2015.08.07

- Fixed errors
- Increased the amount of charts up to 10
- Added the ability to hide the names of all equations on the chart (ShowLabels parameter)