Point-Based Price Grid

Category: market_structure

A visual utility that plots a custom price grid at fixed point intervals across the chart. Unlike the standard MetaTrader grid, this allows for specific point-based spacing (e.g., every 30 points).

Formula

\text{Grid Levels} = (n \times \text{InpP1} \times \text{Point}) \text{ where } n \in [\lfloor \text{min\_price}/\text{Point} \rfloor, \lceil \text{max\_price}/\text{Point} \rceil] \text{ and } n \pmod{\text{InpP1}} = 0

Inputs

• InpP1 (default: 30)
• InpColor (default: clrCyan)
• InpStyle (default: STYLE_DOT)
• InpMaxBars (default: 10000)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.