What is the use of grid lines on mt4 or mt5 ?....
Grid Lines, when we first open a trading application either
on mt4 or mt5, of course the chart by default will show a Bar Chart and be
accompanied by a Grid line. So what's the point of this grid line? maybe there
are those who think that the presence of this line makes traders even more
dizzy, because thinking is disturbing hehehe, I believe 80% of forum traders
here also don't think this grid line is meaningful and even more so it's been
removed from the chart.
The reason is simple.
- Disturbing thinking when changing candlesticks.
- Less attractive trading with a chart full of these small
boxes.
- Disturbing analysis.- And others.
If there are dialogues like the one above, surely many
people don't like it, I am the same way, then what are the benefits? there must
be a son!!! so the name of the tool aims to make it easier for
"Trader" users to carry out trading activities, even though there are
those who think that this is not useful. Here are the benefits of Grid Lines
for what I have learned and what I have encountered in this forex trading
trade.
- Helping traders
determine the price level points where the zone may be used as a psychological
support and resistance zone when zoomed in or zoomed out at a certain level .
- Gives the value of the volatility of price movements, you
can feel this when you zoom in or out from the chart that is still visible. As
a benchmark for position entry with a mapping zone on the grid shown, this
makes it easier for traders.
- And others... For those of you who don't know the Grid
below is an example of a Chart with a Grid and without a Grid you can feel for
yourself whether trading with a Chart is delicious or not such, little data,
you can lose or appear Re-launch the Gridlines with the keyboard shortcut
Ctrl+Gram. There is a Grid Line. There are no grid lines.
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