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ShenLong.Lab
10/23/2026 05:42
Release： 10/23/2026 05:42
Update： 10/23/2026 05:42
ShenLong.Lab
Investment style : Day Trade
Investment career : More than 10 years
Investment amount : -
Nice to meet you. Thank you for viewing my profile. I am Shinryu, founder of "ShenLong Lab (Shenlong Lab)". I learned programming to become a trader. Before learning how to win in the market, I decided first to acquire the ability to build my own tools for winning. I started by paying 2 million yen for a programming school. Currently, as an active trader who continues to generate monthly profits with my own indicators, I have developed over 1,000 financial indicators and automation tools. What is truly needed to keep winning in the market is not complex logic. It is "visualization that eliminates hesitation" and "thorough efficiency of verification work." ShenLong Lab's indicators are all tools I created to solve things I personally found to be hard to see or time-consuming in trading. They make work easier, reduce stress, and allow you to focus on analysis and trading itself. We have crafted them into tools you can feel the difference of on your daily charts. All parameters are labeled in Japanese, and you can select them with ON/OFF rather than true/false, so even those without specialized knowledge can set them without hesitation. The logic that can be verbalized resides in code. I will continue to develop tools that translate trading intuition and stress into words, reduce manual waste, and maximize the results of thinking and trading. I hope ShenLong Lab's indicators will be helpful in making your trading more comfortable for everyone.
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Episode 12 I created SL_PRL that prints tick marks every 10 pips from the current price

This is ShenLong, from ShenLong Lab (シェンロン ラボ).

For first-time visitors, please allow me to introduce myself a little.

As a current trader who continues to generate monthly profits with self-made indicators, I have developed over 1,000 indicators and automation tools to date.

The 12th item of ShenLong Lab
“SL_PRL (Pips RuLer)”
has been released.

This time, I will talk about why I made this item and tips for confirming the distance from the current price in pips on MT4/MT5.

How many pips is that?

Look at the price scale on the far right.

Since the pips units aren’t lined up, I subtract the price in my head.

A trick you can do with standard features
  • Draw two horizontal lines and check the price range between them in the data window
  • Use the crosshair (press the middle mouse button) to measure the price range between two points

Both are convenient, but every time you measure from the current price, you end up drawing lines or dragging things.

It would be nice if the pips scale could appear from the current price.

Personally, when deciding profit-taking and stop-loss distances, I check how many pips away they are from the current price. SL_PRL was created to reduce that hassle.

From here on, I will introduce how to use SL_PRL in a video.