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
10284
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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Day Trader Master is a complete trading system for traders who prefer intraday trading. The system consists of two indicators. The main indicator is the one which is represented by arrows of two colors for BUY and SELL signals. This is the indicator which you actually pay for. I provide the second indicator to my clients absolutely for free. This second indicator is actually a good trend filter indicator which works with any time frame. THE INDICATORS DO NOT REPAINT AND DO NOT LAG! The system is
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Indicators
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me The Volumetric Order Blocks Multi Timeframe indicator is a powerful tool designed for traders who seek deeper insights into market behavior by identifying key price areas where significant market participants accumulate orders. These areas, known as Volumetric Order Blocks, can serve as
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Indicators
Trading Special – 30% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the pot
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Detect Indirection Break Out Signal with high success rate. Price will increase to 119$ By Tomorrow Introduction to Market Structure Break Out (MSB) , this indicator is an advanced tool designed for both MT4 and MT5 platforms , helping traders view market movement through the lens of price structure. It identifies and highlights key trading signals using arrows and alerts, both in the direction of the trend and against it (reversal signals). One of its standout features is the ability to draw u
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Stop searching for and trying new indicators! Get Winshots Massive FX Profits indicator and set yourself apart from the crowd.  Years of trading experience led us to the building of this all in one indicator! Trade like the pro with Winshots Massive FX Profits! This indicator uses the following methodologies to help you become a more consistent profitable trader: - MARKET VOLUME PROFILE - DAILY CANDLE OUTLINE  - ATR LEVELS - DAILY PIVOTS LEVELS - PRICE CYCLES ANALYSIS What is VOLUME PROFILE?
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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 -
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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
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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
10284
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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