HLHB Trend Catcher System

4.5

If you trade or wish to trade the popular HLHB Trend-Catcher System, then this indicator is for you! It detects when the HLHB system entry rules are met and sends out an alert in the form of notifications to your mobile phone and to your pc. By automatically sending you notifications, this indicator lessens your trading work load as you don't have to sit in from of your pc all day checking all the chats for when the entry rules are met. This indicator does all the dirty work for you. When the signals are sent, simply enter at the market price and apply whatever trading management rules you wish to employ. More information about the HLHB trading system can be found from the original creator and other contributors at babypips. 

Features

  • Integrated push notifications, Sound Alerts and Message Box on the chart
  • Can be used on all currency pairs. Though EUR/USD, GBP/USD and USD/JPY are recommended.
  • Provides Entry Price, Stop Loss and Take Profit

The Entry Rules ( Applies to 1-Hour Chart only)

BUY when the 5 EMA crosses above the 10 EMA from underneath and the RSI crosses above the 50.0 mark from the bottom.

SELL when the 5 EMA crosses below the 10 EMA from the top and the RSI crosses below the 50.0 mark from the top.

As per the modified rules, the option of allowing users to enable the use of ADX>25 has been incorporated to  help weed out the fakeouts.

The Exit Rule

The stop level and take profit level varies. Suggestion for the Stop Loss is a trailing stop loss  between 50 to 150 pips and a take profit level between 100-300 pips.

  • In this indicator, the Stop Loss is set at 100 pips from the entry price. There are two take profit levels, the first is set at 50 pips from the entry price while the second level is set at 150 pips from the entry price.

Input Parameters

The input parameters used to control the type of notifications you prefer include:

  • Display Info On Chart  = If true, signals are displayed on the chat
  • Allow Alerts = if true, Audible Alerts are sent with the signals.
  • Allow Notifications = if true, push notifications are sent to the MT4 mobile app

Remember to enable push notifications from your mt4 desktop application if you wish to receive notifications on your mobile phone

































Reviews 2
Aravind Kolanupaka
10054
Aravind Kolanupaka 2022.03.21 16:53 
 

Good system. Thank you for sharing.

Chinedum Ukabiala
272
Chinedum Ukabiala 2019.07.27 16:06 
 

I have used this indicator for about two weeks and most of the times, it really cut the trend. This means that it has always identified the trends on the currency pairs i used it on. The alert system is good. it is too good to be free. Thanks Williams for the tools because it has helped me greatly.Using the tool, I spend less time analyzing the market because it alerts me when it ripe to engage a trade.

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Godwin Edward Enyali
Indicators
Super Reversal Indicator with Alert Overview Super Reversal Indicator with Alert is a multi timeframe trading tool designed to identify high probability market reversal opportunities using a combination of stochastic momentum, supply and demand zones, and price rejection signals. The indicator helps traders detect potential turning points in the market with clear visual signals and real time alerts. Key Features Multi Timeframe Stochastic Analysis Uses stochastic oscillator from a higher timefra
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Indicators
Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! Dow
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Indicators
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a po
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Trading Special – 40% OFF Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch
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Elif Kaya
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Indicators
- Real price is 80$ - 40% Discount (It is 49$ now) Contact me for instruction, add group and any questions! - Non-repaint - I just sell my products in Elif Kaya profile, any other websites are stolen old versions, So no any new updates or support. - Lifetime update free Related product:   Bitcoin Expert Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help tr
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Aravind Kolanupaka
10054
Aravind Kolanupaka 2022.03.21 16:53 
 

Good system. Thank you for sharing.

Chinedum Ukabiala
272
Chinedum Ukabiala 2019.07.27 16:06 
 

I have used this indicator for about two weeks and most of the times, it really cut the trend. This means that it has always identified the trends on the currency pairs i used it on. The alert system is good. it is too good to be free. Thanks Williams for the tools because it has helped me greatly.Using the tool, I spend less time analyzing the market because it alerts me when it ripe to engage a trade.

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