Thread: Horizontal Line Drawing

Good afternoon everyone.

I don't know how to program in MT. I'm looking to learn a bit in order to plan something I expect is quite simple to do. I am not looking to do the work for me personally, but if what I am trying is possible, I would love to know. The operational spec is as follows:

The indior could have three input variables:

1. SPREAD (integer)
2. ENTRY (price)
3. STOPDIST (integer)

According to those three inputs, I want the indior to draw some standard MT4 horizontal dashed-lines on my chosen chart. For instance:

Draw a red horizontal line at (ENTRY minus STOPDIST) and tag it SL.
Draw a green horizontal line at (ENTRY plus STOPDIST) and tag it R1.

Those 2 are only examples, and do not utilize the SPREAD variable. But, in a nutshell, I want to be able to calculate some values utilizing those three inputs and then have MT4 draw and label different color lines in that price on my chart.

I'm not seeking to say pls post all replies here pls (because it always seems so damn cheeky!) . Butif anyone could let me know if this is feasible I would be quite grateful and go looking to attempt to do it!

Cheers,
Dave

It's possible, here is a beginning point:

//Input Values
extern int SPREAD = 5;
extern int ENTRY = 3;
extern int STOPDIST = 20;

//Calculate Line Positions
SLprice1=....
R1price1=....

//draw Lines
ObjectCreate(SL, OBJ_HLINE, 0, SLprice1);
ObjectSet(SL, OBJPROP_COLOR, clr);
ObjectSet(SL, OBJPROP_STYLE, STYLE_DOT);
ObjectSetText(SL, StopLoss, 10, Times New Roman, Red);

ObjectCreate(R1, OBJ_HLINE, 10, R1price1);
ObjectSet(R1, OBJPROP_COLOR, clr);
ObjectSet(R1, OBJPROP_STYLE, STYLE_DOT);
ObjectSetText(R1, R1, 10, Times New Roman, Blue);

Charlie,

Thank you for the affirmation that it's possible, and thanks even more so for your code to start off me - that was actually quite kind of you.

Cheers,
Dave

How is program written by you in MT4?

Can you show me too? Where do I go to create an indior which you show to davecrom01?

Please discuss.

Thank you.

.