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The indicator is a powerful order and position calculator for the MetaTrader terminal. Using the indicator, it is possible to calculate any trading strategies, calculate lot size, average price for currencies, stocks, cryptocurrencies, and other financial instruments.
The indicator builds a tick chart in the main window of the financial instrument. Helps when trading using scalper trading strategies. The indicator monitors every price movement and displays all, absolutely all price movements on the chart. If there are no changes in the Ask or Bid price, the indicator builds a horizontal chart.
The VR Donchian indicator is an improved version of the Donchian channel. The indicator is named after Richard Donchian, who made outstanding achievements in the field of commodity money management. Unlike most channels, VR Donchian recolors channel levels in different colors depending on the direction of the level. The indicator code is maximally optimized and practically does not consume the resources of the MetaTrader terminal. The effectiveness of Donchian channels has been proven by thousands of traders around the world.
The VR Grid Indicator is designed to create a graphical grid with user-defined settings. Unlike the standard grid, VR Grid is used to build circular levels. Depending on the user's choice, the step between the round levels can be arbitrary. In addition, unlike other indicators and utilities, VR Grid maintains the grid position even when the time period changes or the terminal is rebooted.
Vertical levels are built based on actual time intervals and ignore missing or non-existent periods. Thus, the step between levels strictly corresponds to the value selected by the user.
When using the VR Grid indicator, a trader can change the style, color and thickness of vertical and horizontal lines at any level. This allows you to control round levels of a financial instrument.
Round levels are those prices that end in two or more zeros (for example: 1.23500, 5.65900, 1923.200). It is believed that such levels often act as strong points of support or resistance.
Features of the VR Grid indicator
The program can work together with your indicators and advisors on the same chart;
The program is written so that it displays information for a period specified by the user, and does not clutter the chart with historical data.
The indicator can calculate losses for any financial instruments (Forex, Crypto, CFD, Futures, Metals)
The trader can choose any time frames for calculation
Suitable for both beginners and professional traders;
Not a large number of settings, they help to selectively synchronize;
Works on any financial instruments (Forex, CFD, Crypto, Metalls, Futures);
Easy to installation and configuration, the program comes with text and video instructions;
For the Trading-Go
market
Supplied with archive containing versions for MetaTrader 4 and MetaTrader 5;
It is possible to use the indicator on demo accounts without payment, without restrictions;
The line style can be changed via the menu. To prevent the menu from interfering with trading, the indicator allows it to open only when you click on the line on the right side of the chart or at the bottom of the chart. The menu allows you to change the color, style and thickness of the line, as well as the way data is displayed: time and price.
Button to enable and disable price and time;
Button to reset styles to styles in settings;
Close menu button;
Buttons for selecting line color;
Style selection buttons; (Hold the cursor over the button to see the style in the tooltip)
Buttons for selecting line thickness;
Settings
Horizontal line settings
Horizontal line step
Horizontal line color
Horizontal line style
Horizontal line Width
Vertical line settings
Vertical line period step
Period for step calculation
Vertical line color
Vertical line style
Vertical line Width
Other settings
Button size
Prefix object
Video
Updates
Version 24.040 - 23.04.2024
The indicator has been completely rewritten.
Improved calculation of horizontal and vertical lines.
A menu for changing the properties of the selected line has been added; for horizontal lines, just click on the line on the right side of the graph; for vertical lines, just click on the line at the bottom of the graph.
Update history — latest 5 versions
Version 21.080 - 20.08.2021
Optimization, improvements, fixes.
Version 20.057 - 27.05.2020
Code optimization Bug fixes
Version 20.040 - 14.04.2020
The indicator has been completely rewritten and updated
To hide the update history
What's in the archive
For MetaTrader 4
VR-Grid-RU.ex4 - Russian version program file
VR-Grid-EN.ex4 - English version program file
For MetaTrader 5
VR-Grid-RU.ex5 - Russian version program file
VR-Grid-EN.ex5 - English version program file
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