Daily Price Ruler Pro visual grid for MT5 day trading and precise distance tracking

Daily Price Ruler Pro appears in this Review for 2026 with a focus on Performance and practical Analysis for MT5 users. The developer Hoai Phuong Tran published a compact indicator that plots a vertical ruler body anchored to the daily open and labels fixed or adaptive pip intervals ahead of price. The first paragraph of this review highlights the core value proposition, which is improved situational awareness for intraday decisions rather than automated trade execution. What makes Daily Price Ruler Pro unique is its simplicity and clarity. Instead of complex signal stacks, it provides a precise distance grid that traders can use in combination with their own confirmations. The algorithm calculates the daily open reference and projects interval lines forward, adjusting for symbol tick size and chart scale. Users can set interval step size, number of levels, colors, and session visibility, and the indicator ensures low footprint on terminal resources. Daily Price Ruler Pro works best in liquid major pairs and during defined trading sessions where the daily open is meaningful. It is not a black box entry system but a visual tool to improve timing and stop placement. Risk management revolves around using the ruler to define stop distances and targets with explicit pip measurements. Expect consistent visual clarity and faster decision cycles; actual trade performance depends on the trader strategy combined with this tool.