
Originally Posted by
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lt;HR style=COLOR: rgb(209,209,225) SIZE=1gt; lt;!-- / icon and name -lt;! -- message - This has nothing to do with all the Grid trading approaches. It is a replacement for the default chart grid.
This indior let's you set up a grid to that which matches your trading, not exactly what metatrader makes up. You can put the horizontal lines every X pips plus it remains fixed at the even in the event that you alter the chart interval. You might also prepare the time grid to what time frame you want.
Here is a sample 1 hour chart, show the flat grid at 20 pips and the time gird at 4 hours. On the time grid I have a colour lineup at 16:00 server time that translate to 8 am my regional time. Shade lines are also added every 100 pips.