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
10410
Aravind Kolanupaka 2022.03.21 16:53 

Good system. Thank you for sharing.

Chinedum Ukabiala
271
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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Indicators
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
Currency Relative Strength
Ziheng Zhuang
5 (2)
Indicators
This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  The basic principle Given eight currencies, USD,EUR,GBP,AUD,NZD,CAD,CHF,JPY, where each pair of two can be combined, resulting in a total of 28 pairs, a reverse algorithm is used to extract the strength of the eight currencies from these 28 pairs EURUSD,GBPUSD,AUDUSD,NZDU
Italo Volume Indicator
Italo Santana Gomes
4.92 (79)
Indicators
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO VOLUME INDICATOR  is the best volume indicator ever created, and why is that? The Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many volume indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Volume Indicator is different , the Italo Volume Indicator shows the wave volume, when market
Non repaint MT4
Yan Zhen Du
5 (1)
Indicators
This is a professional chart indicator designed for traders focused on stability and clear price action. It helps filter market noise and provides clear visual entry and exit zones for your trading decisions. Core Features: Strictly Non-Repainting: The system is built with strict non-repaint logic. What you see on the chart is the true historical performance. Confirmed Signals: Signals are triggered and confirmed only after the candle closes . Once a trading arrow appears on a closed candle, it
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Average Daily Range (ADR) SR is an indicator which shows how far a currency pair can move in a day. It can be used to find hidden support and resistance levels (SR), estimate effective profit and stop loss targets, and provide short term trade signals from the hidden SR levels. Features Automatically plots on the chat, the top and bottom of the ADR value (i.e. a horizontal channel) which acts as Support and Resistance Levels Automatically calculates the percentage of the ADR reached by the curre
Psychological or Round Levels
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Psychological or Round Levels indicator automatically draws lines or zones at the psychological levels (00 or 50) as the market moves.  New lines are drawn as the market moves while the old lines are deleted. This ensures that your chart is clutter-free. The user specifies the number of lines preferred on the chat, and the indicator keeps the number of lines constant. The indicator plots two types of levels, the Main Level (00 levels e.g. USDCAD 1.33000, 1.34000) and the Sub Level (50 levels -
Entry and Exit
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Entry and Exit indicator simplifies the trading process by automatically providing the entry price and the take profit price with the appropriate stop loss. The indicator constantly monitors the market for the right entry conditions and send outs signals via push notifications to the trader's mobile phone or pc as desired. Hence a trader do not need to watch the chart all day but only act when signals are sent. This indicator is built around the 'H4 Engulfing System' and the 'Triple Stochastic S
ADR with S and R levels
William Jidekene Igwe
Indicators
Average Daily Range (ADR) with Support  (S) and Resistance (R) Levels is an indicator which shows how far a currency pair can move in a day. It can be used to find hidden support and resistance levels, estimate effective profit and stop loss targets, and provide short term trade signals from the hidden S and R levels. Features Automatically plots on the chat, the top and bottom of the ADR value (i.e. a horizontal channel) which acts as Support and Resistance Levels Automatically calculates the p
Round Number Drawer
William Jidekene Igwe
Indicators
The Round Number Drawer is an indicator that automatically draw lines or zones at the psychological levels (00 or 50) as the market moves.  New lines are drawn as the market moves while the old lines are deleted. This ensures that your chart is clutter-free. The user specifies the number of lines preferred on the chat, and the indicator keeps the number of lines constant. The indicator plots two types of levels, the Main Level (00 levels e.g. USDCAD 1.33000, 1.34000) and the Sub Level (50 levels
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Aravind Kolanupaka
10410
Aravind Kolanupaka 2022.03.21 16:53 

Good system. Thank you for sharing.

Chinedum Ukabiala
271
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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