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GridCreateByMouseMT5

The script allows to use the mouse for placing a grid of orders with fixed or variable step quickly and with as few mistakes as possible. Drag the script to the chart using the left mouse button and release. The grid will be plotted starting from that point. If the current price is lower than the grid start point, the grid will be placed "to the north" towards the buys, and if higher - towards the sells, "to the south". Setting take profit and stop loss is left to trader's discretion.


Input Parameters

  • Grid from here - in case this field in not zero, the grid will be plotted starting from this value. If it is zero (default value), the mouse release point will be used as the start for the grid.
  • Type - type of grid orders. There are three options:
    • STOP - grid in one direction, composed of ORDER_TYPE_BUY_STOP or ORDER_TYPE_SELL_STOP orders
    • LIMIT - grid in one direction, composed of ORDER_TYPE_BUY_LIMIT or ORDER_TYPE_SELL_LIMIT orders
    • STOP & LIMIT - grid in two directions. At the order opening points two orders are opened at the same time - STOP and LIMIT.

    The script automatically chooses between BUY and SELL, based on the location of the grid relative to the price at the execution time.

    The default value is LIMIT.

  • Grid step - the distance between orders in points. The default value is two hundred (200) points. The value is given for a five digit broker. It should be manually set ten times less for a four digit broker.
  • Min grid step - the minimum grid step in case the variable size of the step is set, and if the grid is plotted with a decreasing step. The default is twenty (20) points. The value is given for a five digit broker. It should be manually set ten times less for a four digit broker.
  • Step type - grid step type. There are two options:
    • FIXSTEP - fixed step size, equal to the Grid step.
    • VARSTEP - variable step size. The first step of the grid, i.e. the step between the second and first order, will be equal to the Grid step. Each subsequent step will be equal to the previous one multiplied by Coeff. next step.

    The default value is FIXSTEP.

  • Coeff. next step - the coefficient to calculate grid step value, in case it is plotted with a variable step size. In this case, the first step is equal to Grid step, and the subsequent ones are obtained by multiplying the previous step by this coefficient. If the coefficient is set to less one, and the grid is plotted wit ha decreasing step, then the minimum step value is taken equal to Min grid step. Once the newly calculated step is less than or equal to the Min grid step, grid plotting stops. The default value is 1.
  • Lot - the volume of opened orders. The default value is 0.01. If it is less than the minimum allowed, the value of the Lot parameter is taken as the minimum allowed volume value for the broker.
  • Orders count - the maximum number of price levels, where orders are to be opened. The default value is four. For this value and for the TYPE parameter set to STOP & LIMIT, the grid will consist of eight orders, and for other values of the TYPE parameter - four.
  • Magic - magic number. The default value is 150330.
  • Commentary - comment to orders. By default, the value is not specified and there are no comments.
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Our new indicator is an important part of the Smart Money Concepts (SMC) system It uses a modern market vision and fast calculation methods. As a result, the trader has a complete picture of the trade at every moment in time, which makes the process of obtaining results easier and faster. Our new indicator displays the following important patterns:   Order Blocks. Imbalance – Fair Value Gap (FVG). Break Of Structures (BoS). Change of character (CHoCH). Equal highs & lows. Premium , Equili
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Andrei Novichkov
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Indicator ICT Implied Fair Value Gap (IFVG) is an important part of the Smart Money Concepts (SMC) system. It looks for and shows on the chart a modern pattern - the Fair Value Gap ( FVG ). This pattern is a three candlestick imbalance formation based on the discovery of a mismatch between supply and demand. This happens when the price moves quickly in one direction without encountering resistance. The result is a "gap", which can be filled in later. The indicator finds this pattern using the up
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Indicateurs
The Market Structures Pro indicator finds and displays 5 (five) patterns of the Smart Money Concepts (SMC) system on the chart, namely: Break Of Structures (BoS)       Change of character (CHoCH) Equal Highs & Lows Premium, Equilibrium and Discount zones with Fibo grid High-high, Low-low, High-low and Low-high extremes Patterns are displayed for two modes - Swing and Internal and are easily distinguished by color on the chart. Internal mode features higher contrast colors, finer lines, and sm
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Our new indicator is an important part of the Smart Money Concepts (SMC) system It uses a modern market vision and fast calculation methods. As a result, the trader has a complete picture of the trade at every moment in time, which makes the process of obtaining results easier and faster. Our new indicator displays the following important patterns:   Order Blocks. Imbalance – Fair Value Gap (FVG). Break Of Structures (BoS). Change of character (CHoCH). Equal highs & lows. Premium , Equili
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Version 2.0 2021.11.17
Updated version
Version 1.10 2017.04.13
Fixed inaccuracies detection during the operation.