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25460

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Published:

2009.08.28 06:10

Updated:

2016.11.22 07:32

HOOL.mq4 (1.94 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The indicator helps to find Stop Loss levels.

It's values are calculated in pips.

Green - distance from Open price to High price;
Red - distance from Open to Low price.

HOOL indicator

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This EA is intended to be less prone to big drawdowns than former RUBBERBANDS EA and RUBBERBANDS_2 EA. Awaiting for your comments and suggestions for improvement.

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HOOL (High-Open, Open-Low) - indicator for MetaTrader 4