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ChartBuilder MT5

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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The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
If you want to find good trading opportunities, then you must trade near the Trend Line. This allows you to have a tighter         stop loss   on your trades — which improves your       risk to reward . But that’s not all… Because if you combine Trend Line with Support and Resistance, that’s where you find the best trading opportunities. Now you might wonder: “So when do I enter a trade?” Well, you can use reversal     candlestick patterns   (like the   Hammer, Bullish Engulfing, etc.) as your e
XQ Indicator MetaTrader 5
Marzena Maria Szmit
5 (1)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Order Block Hunter MT5
Noha Mohamed Fathy Younes Badr
5 (1)
Order block hunter indicator is the best indicator for  hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a
Market Overview MT5
Mehran Sepah Mansoor
Optimice sus decisiones de trading con nuestro indicador de fuerza y sentimiento del mercado y deje de operar contra tendencia! Diseñado meticulosamente para los operadores serios que valoran la información precisa y oportuna, nuestro indicador proporciona una vista de pájaro de los 28 pares principales de una manera muy sencilla. Esta herramienta es capaz de clasificar los pares de divisas basándose en términos de popularidad, fuerza de tendencia alcista o bajista y porcentaje de compradores y
Gold ATR MTF: este es un excelente indicador técnico de acciones. El algoritmo del indicador ATR (Average True Range) analiza el movimiento del precio del activo y refleja la volatilidad dibujando los niveles correspondientes en porcentajes específicos (%) del precio de apertura del período de tiempo especificado (D1). Los indicadores (rojo y/o azul D1 H4) de la dirección del movimiento del precio del símbolo y las señales de flecha son ayudas adicionales y esenciales para una negociación y/o e
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ChartBuilder
Alexey Navoykov
3 (2)
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 t
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Versión 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.
Versión 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.
Versión 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.
Versión 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
Versión 2.38 2015.10.13
- Fixed errors.
Versión 2.37 2015.08.19
- Fixed errors
- Added check boxes next to names of formulas for quick enabling/disabling each formula
Versión 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)