Hi Low Last Day MT4

  • Indicators
  • Igor Vishnevskii
    Igor Vishnevskii

    Igor Vishnevskii

    5 (1)
    My age is 50+, in trade 20+ years. I was lucky that at the beginning of my trading career there were experienced mentors who laid the fundamental concepts of the market in my mind. Almost all of my trading strategy is based on the price (level) of the instrument. As a result of my trading strategy
    4 products 2 topics 24 comments
  • Version: 2.4
  • Updated: 16 November 2024
  • Activations: 5

The Hi Low Last Day (Hi Lo Last Day) indicator shows the high and low of the last trading day and the second trading day, as well as the minimum and maximum of last week.

There are many trading strategies on the daily levels. This indicator is indispensable when using such trading strategies.

In fact, everything is simple in trading, you just need to understand and accept it for yourself. There is only price!!! What is price? This is the level on the chart. The level is the price that the buyer and the seller are holding back. What price is capped by the counterparty? A price he won't sell or buy. Therefore, daily levels are very important. To help you understand the situation in the market, use the Hi Low Last Day indicator, which will help determine the mood of the market in the current day.

The Hi Low Last Day indicator has flexible settings:

  • Line color
  • Line width
  • how to display (the length of the lines)
  • ATR completed today
  • ATR period
  • To show the second day
  • The second day
  • Last Week's Setup

The indicator requires very little system resources and does not load the terminal.

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The meaning of this indicator is to   find Murray levels on all timeframes   and combine them into   combo levels , including signal levels based on strong Murray levels (+2, +1, 8, 4, 0, -1, -2). The lower the timeframe, the more chances you have to see the combo level immediately. It will be highlighted in color. When you hover over any number, a hint will pop up to which timeframe the level belongs to. But you will always see the current timeframe as the leftmost one. A  smart alert  will he
Contraction Breakout
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Indicators
As traders, we know that identifying price contractions and consolidations is crucial for profitable trading. Fortunately, we have a powerful tool at our disposal. The indicator to trade price consolidation is designed to identify price contraction and alerts us on formation. It does this by analyzing historical price data and identifying price action patterns. The algorithm then uses this information to mark the zone , potential targets and liquidity lines, giving us valuable insights into mark
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