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Board index » Molanis Technical Indicator Builder for MT4 » Indicators and Custom Indicators for MT4

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az4xtrader
 Post subject: A How To Question
PostPosted: Sat Mar 19, 2011 12:10 pm 
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Joined: Sat Oct 30, 2010 2:43 am
Posts: 1
I am totally new to this and would like to create an indicator that draws a dotted line a certain number of pips above and below the 55 SMA. Then I would like it to draw another line a certain number of pips above and below the 55 SMA.

Thank you ahead of time to any and all who can help me with this!
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molanisfx
 Post subject: Re: A How To Question
PostPosted: Sat Mar 19, 2011 6:35 pm 
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Joined: Tue Dec 22, 2009 12:22 am
Posts: 1761
In the indicator builder, add a TI icon per line. Then click on the TI icon then on Indicators - Add the ma and add or subtract the desired amount. It uses price amounts and not pips. So 1 pip for EUR/USD = 0.0001
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Board index » Molanis Technical Indicator Builder for MT4 » Indicators and Custom Indicators for MT4

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