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Marking Trades on a Chart with Horizontal Price Lines

Article MQL5 code base

Summary

This MetaTrader indicator visually marks completed trades with short horizontal lines when matching trade arrows are present. Its stated purpose is to make trade locations easier to see on a chart; the description does not explain how the arrows are generated or what trading method produces the trades. The indicator includes a configurable label name and a length setting measured in candlesticks, which controls the price-label display span.

The material is a brief description of a charting aid rather than a strategy or analytical study. It provides no rules for entering or exiting positions, no performance data, and no discussion of how the visual markers should be interpreted. Its usefulness therefore depends on having compatible trade arrows available. The text gives no further details about supported arrow formats, chart conditions, or whether the lines distinguish trade direction or outcome.

Key ideas

  • The indicator draws short horizontal lines to mark trades associated with arrows.
  • The label name and its length in candlesticks are configurable inputs.
  • The description does not define the source or meaning of the trade arrows.
  • The document provides no strategy rules or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.