Higher High Lower Low ZigZag Strategy MT5

Master Manual: Complete Edition

Aura HHLL Platinum V2.00 Integrated Manual

This program is a tool that helps traders determine "what state the market is in right now?" most quickly amidst the complex movements of charts.

It is the culmination of technical analysis combining the precision of price action with the intuitiveness of range trading.


SECTION 01

Indicator Key Components Elements

It provides the ability to read the structure of the market.


1. The System's 3 Core Axes

HHLL Labels

Compare the current price position with previous highs/lows and automatically name them HH, HL, LH, LL according to price action rules. By looking at this alone, you can tell whether the current price is in an uptrend, a downtrend, or losing momentum.

Zigzag Wave Line

Vertically connects highs and lows to visualize the direction and magnitude of the waves. Lime color is applied when rising, and Red color is applied when falling.

Smart S/R Line

Significant price levels are displayed as horizontal dotted lines. If the price breaks through this line, the line stops, indicating that "the corresponding resistance/support has been broken."

Real-time Status Assessment

Helps you make an immediate judgment on which phase (upward/downward/sideways) the market is currently in amidst complex candle movements.

2. Definition of Price Action Labels

Label Definition Market Sentiment
HH(Higher High) A high higher than the previous high Continuation of strong buying pressure. Signal of a new trend forming.
LH(Lower High) High point lower than the previous high Loss of upward momentum. A harbinger of a bearish reversal or strong resistance.
HL(Higher Low) Higher low than the previous low Confirmation of a healthy correction and renewed buying pressure during an uptrend.
LL(Lower Low) A low lower than the previous low Reinforcement and acceleration of the downtrend. High probability of further decline.



SECTION 02

Platinum Unrivaled Technology

Noise Filtering and Infinitely Expandable Box Range Logic

3. Intelligent Algorithm: HL vs OC

Filtering Pivot Data Sources

Beyond simple pivot extraction, you can selectively capture actual supply and demand zones in the market.

  • High / Low (Shadow): Based on extreme values ​​including tails that reflect all market sentiment. Optimized for responding to short-term volatility and setting precise stop-loss lines.
  • Open / Close (Body): Based on confirmed candle body values. Optimized for swing trading to eliminate market Fakeoutsnoise and find 'real' support and resistance.


4. Eternal BoxLogic

Permanently Project Trend Boundaries

While standard S/R lines stop upon breakout, Platinum V2.00's Eternal Box unconditionally extends the last two lines to the far right of the chart.

  • Current Price is Trapped Visualization of the existing 'psychological box range'. The absolute baseline for the upper sell and lower buy strategy in a sideways market. A visual anchor that maintains equilibrium until the price breaks out of the box.


5. Visual Readability and Symmetry

ATR Variable Scaling

Even when changing the timeframe (M1~D1), the labels maintain the 'golden ratio' distance aligned with the candle size. Significantly reduced fatigue during chart analysis.

Mathematical Symmetric Alignment

Resistance labels are formed at positions exactly symmetrical to the support/resistance lines using bottom anchors and support labels (PL) using ceiling anchors. It provides a clean look with 0% visual error.


SECTION 03

Platinum Practical Strategy

3-Step Master Guide to Turning Indicators into Profit


6-7. Trading Model Utilizing Market Structure

Confirmation of Box Range

First, check if the price is consolidating energy between the Eternal Box lines.

Trend Following Entry

In the section where HH and HL repeatConsider a buy entry when the HL label appears and the zigzag turns lime green.The stop-loss line is below the HL line.

Box Breakout/Reversal

If the price strongly breaks through the upper resistance line (Eternal High) of the Eternal Box with the candle body, consider it a breakout from the box range and consider chasing the price.

Alternatively, if an LH occurs after a sustained HH structure and the resistance line is maintained until the end of the chart, judge that the upward momentum has been lost and switch to a sell perspective.

Maximizing Risk-Reward Ratio

The box range line extending to the end of the chart serves as the best baseline for 'conservative take-profit' and 'aggressive stop-loss'.


8. Optimization Parameter Recommendation Guide

Parameter Instruction Recommended Setting
InpPivotSource Body-focused analysis when noise is severe Open / CloseSelect
InpVisualGapFactor Adjusting visual margins of labels 0.4 ~ 0.8(Fine-tunable)
InpEternalLastTwo Infinite extension of final box range Recommended to confirm box rangeTrue
InpMaxSRLines Amount of historical indicator data to display For readability, set to 10 ~ 15
InpLeft/RightBars Large values ​​capture long-term large waves, small values ​​capture short-term fine waves Default 5 Recommended


MASTER THE STRUCTURE

BUILD YOUR EDGE

Charts are not maps made of lines and text.

They are insights that read the fundamental structure of prices.

COMPLETE MASTER

The market moves by structure, not price.

Aura Platinum V2.00 will become your most powerful map.


AURA TRADING SYSTEM | PLATINUM SERIES V2.00


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5 (2)
Matreshka self-testing and self-optimizing indicator: 1. Is an interpretation of the Elliott Wave Analysis Theory. 2. Based on the principle of the indicator type ZigZag, and the waves are based on the principle of interpretation of the theory of DeMark. 3. Filters waves in length and height. 4. Draws up to six levels of ZigZag at the same time, tracking waves of different orders. 5. Marks Pulsed and Recoil Waves. 6. Draws arrows to open positions 7. Draws three channels. 8. Notes support and re
Divergence Bomber
Ihor Otkydach
4.89 (94)
Each buyer of this indicator also receives the following for free: The custom utility "Bomber Utility", which automatically manages every trade, sets Stop Loss and Take Profit levels, and closes trades according to the rules of this strategy Set files for configuring the indicator for various assets Set files for configuring Bomber Utility in the following modes: "Minimum Risk", "Balanced Risk", and "Wait-and-See Strategy" A step-by-step video manual to help you quickly install, configure, and
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Aura Mini Candle Timer - Smart Interactive Edition Aura Mini Candle Timer is a lightweight indicator that intuitively displays the remaining candle time and current candle direction for multiple timeframes (MTF) while taking up minimal chart space. The core feature of this indicator is its interactivity. Without the need to open the indicator settings window, you can simply click the timer panel on the chart to cycle through 7 major timeframes in real-time. [Key Features] One-Click Timeframe Cy
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