What is Price Line 3?
The Price Line 3 indicator for MetaTrader 5 is a handy tool that every trader should consider adding to their toolkit. Here’s a quick overview of its key features:
- Real-Time Data: Displays the moving last price on the Bid Line along with the symbol name, countdown to candle closing, and the current timeframe.
- 24-Hour Performance: Tracks the percentage change over the last 24 hours to help you gauge market momentum.
- Customizable Time Settings: Choose how you want the time displayed on the Price Line – options include Local, GMT, or Current Time based on your chart's settings. Just make sure to select the correct time that corresponds with your chart!
- Color Customization: You can easily set different colors for bear and bull trends directly from the indicator settings.
- Chart Interactivity: The indicator shows the current high and low values right on your chart. Plus, you can scale the chart up and down using your mouse scroll wheel (a feature inspired by Lorentzos Roussos on the forum).
- Easier Navigation: Use the left and right arrow keys to quickly switch between different chart symbols.
Update: An alternative version compatible with Renko charts has also been added!
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