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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.

Comentários 1
jabautista
3376
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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Goh Cheng Wai
5 (2)
Dear Onis, This Indicator is used for   GBPUSD, US30 and GOLD on 1-Min Chart . For US30 , Depending on your broker, Minimum Lot Size will differ from 0.01 to 1.0 lots. My Current Account is trading at 1.0 lots at $1 per point . Please check with your Broker what's the Margin Required for your Minimum lot sizes before you trade on your Real account. I have Forward Tested the indicator for around 6 months before releasing it to the public. ( No Demo is available for the Indicator, Strategy
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Brian Collard
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The Volume by Price Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, positio
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Tumelo Patrick Rakotsoane
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Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
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Clinton Keenan Obinna Butler
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5 (1)
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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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Versão 1.70 2023.07.02
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