Meet the Author:
Martingeil
Today, we’re diving into a modified version of the "Rabbit" indicator, crafted by JonKatana. This version shines without the clutter of fuzzy lines on your charts, making it easier to spot those critical trading signals.
The Rabbit indicator first made waves in the MQL4 community when it was published on Code Base at mql4.com back on March 14, 2011. It’s been a favorite for traders looking for clarity and precision!
Input Parameters
Here’s a look at the input parameters you can tweak to make the Rabbit indicator work for you:
//+----------------------------------------------+ //| Indicator Input Parameters | //+----------------------------------------------+ input int Yesterday = 0; // Days shift: 0 - current, 1 - previous, 1 - future input int Levels = 7; // Number of levels input bool Comm = true; // Display comments on the chart input bool Sublevel = true; // Show sublevels between basic levels //---- input color FontColor=Black; // Price level color //---- input color LineColor = DeepSkyBlue; // Basic line color input STYLE LineStyle = SOLID_; // Basic line style input Width LineWidth = Width_1; // Basic line width //---- input color MLineColor = Lime; // Sublevels line color input STYLE MLineStyle = DASHDOTDOT_; // Sublevels line style input Width MLineWidth = Width_1; // Sublevels line width //---- input color VlineColor = Black; // Vertical line color input STYLE VLineStyle = SOLID_; // Vertical line style input Width VLineWidth = Width_1; // Vertical line width //---- input color HL_lineColor = Lime; // Previous day range line color input STYLE HL_lineStyle = SOLID_; // Previous day range line style input Width HL_lineWidth = Width_5; // Previous day range line width //---- input bool Background=true; // Draw vertical lines as background
With these settings adjusted, you can fine-tune the Rabbit indicator to fit your trading style seamlessly. So, give it a whirl and watch your trading strategy hop to new heights!
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