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High Low indicator for MT4

5

HighLow Arrow Indicator

HighLow Arrow is a simple indicator to be used to signal major lows and major highs in your chart.
This indicator is not intended to be used to trade alone but more as an alert that a turning point might be forming. 
In this case the HighLow Arrow indicator signals that a new high or a new low is forming and that traders can prepare for seeking new signals.
The formation of the High or the Low is confirmed after 2 bars have been closed. In the meantime, the alert can be cancelled at any time.

Inputs of the indicator are:

  • MaxBars: number of bars to be calculated by the indicator
  • SymbolArrow: choice of symbol to be used to display the arrows
  • ArrowCodeUp: char code of Windings font to display Up arrow (Please select the _Custom in the SymbolArrow drop down list to use this char code)
  • ArrowCodeDown: char code of Windings font to display Down arrow (Please select the _Custom in the SymbolArrow drop down list to use this char code)
  • Distance: distance between arrow and candle
  • UseAlerts (true/false): generate alerts (at the close of the bar). It is required to set this value to true if you want to receive alerts.
  • PopupAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlerts (true/false): to enable alerts of type Push Notification
  • SoundAlerts (true/false): to enable alerts of type Sound
  • SoundFile: file to be used for sound alerts
The HighLow Arrow indicator can be used with any time frame.

It can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

Indicators for MT5:
All our indicator are developed both for MT4 and MT5.

List of all our indicators:
👉 You can get the complete list of our indicators visiting our profile page.

Avis 1
jabautista
3716
jabautista 2022.03.26 19:02 
 

Very good indicator for reversals. Just have to be patient and wait for confirmation. Author is very responsive to any questions.

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How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
BONUS AUX VIP Club 2024 : Include EA Airbag and Load Data History to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower traders with advanced insights and precision in navigating the dynamic forex markets. This innovative
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Andrey Kozak
5 (1)
The "Nostradamix" indicator is designed to analyze short-term market movements on lower timeframes (e.g., M1), while simultaneously considering trend direction on higher timeframes (e.g., M30). This tool identifies key trend reversal points, displays volatility levels, and generates buy/sell signals based on market dynamics. The indicator automatically plots: Current trend lines. Volatility bands to assess movement strength. Visual markers (arrows) for entry signals. Forecast Accuracy and Mathem
Binary FX Ideal
Yaroslav Varankin
5 (1)
great tool for any trader for both Forex and binary options suitable for any trader no need to configure anything, everything has been perfected by time and experience The tool combines 5 indicators and 3 proprietary strategies works great during flats and trends It indicates a trend reversal at its very beginning, it works well with the trend Trading Recommendations The signal is formulated on the current candle You should enter the trade at the next Possible recount (rare)
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Filtrer:
jabautista
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jabautista 2022.03.26 19:02 
 

Very good indicator for reversals. Just have to be patient and wait for confirmation. Author is very responsive to any questions.

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Version 1.70 2023.07.02
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