Market / MetaTrader 5 / Indicators /

HLines

194.99 USD

Demo downloaded: 132

Published: 29 May 2020

Current version: 3.61

HLines

Item: HLines
Rating: 5
Author: StellarQuantum83

Indicators
Samuel James
Version: 3.61
Updated: 14 July 2023
Activations: 5

Introducing HLines: The Ultimate Support and Resistance Indicator

Save time and enhance your trading with HLines, the most sophisticated support and resistance indicator on the market. Developed over two years by a world-class programmer with 40 years of experience, HLines uses real data to accurately calculate and place the strongest levels of support and resistance on any chart, for any timeframe, and on any market.

IMPORTANT: Please set the "Period" setting to "800" for the S&R lines to appear.

Timeframe: Specify the desired timeframe(s) for generating S&R levels. Leave it blank to use the current chart's timeframe.

Example values (use without quotes):

"D1,H4" - Shows the daily and 4-hour S&R levels on the chart.

"H1" - Shows the hourly S&R levels on the chart.

Benefits:

Time-saving: No more manual placement of support and resistance lines; HLines does it for you objectively, eliminating human ambiguity.
Increased win rate and win size: HLines clearly displays the placement of support and resistance lines, allowing you to observe how accurately price reacts to these levels. Take advantage of perfect entry and exit opportunities.

Key Features:

100% automated: HLines automatically calculates and places support and resistance lines.
Multi-timeframe compatibility: Works seamlessly across different timeframes.
Customizable strength: Adjust the strength of the support and resistance lines to suit your trading style.
Market versatility: Works with any market.
Automatic line adjustment: HLines updates and replaces lines if a stronger support or resistance level is identified.
Real-time updates: HLines updates with every new candle close, giving you the flexibility to scroll through past price data and experiment with different markets.
Customizable line width and style: Personalize the appearance of your support and resistance lines.
Support/Resistance Zones: Optionally change the support and resistance levels to appear as zones, providing a broader perspective on price movements.
Adaptive zone thickness: The thickness of the support and resistance zones adjusts based on market volatility, providing a dynamic representation of price movements.
Multiple timeframe S&R levels: View support and resistance levels from different timeframes simultaneously, allowing for comprehensive analysis.

Usage Tips:

Stronger on higher timeframes: Remember that higher timeframe support and resistance lines are more robust.
Combine with candlestick patterns: Look for strong bullish or bearish candlesticks in conjunction with HLines for excellent trade setups.
Wait for confirmation: Wait for candles to close before entering trades.
Monitor multiple charts: Open several charts with HLines to keep an eye on potential opportunities.

Please note that HLines does not provide buy/sell arrows.

Experience the power of HLines and take your trading to new heights. Contact us with any questions, and we guarantee a response within 24 hours.

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Filter:

StellarQuantum83 2023.07.13 17:33 #

User didn't leave any comment to the rating

268

Reply from developer Samuel James 2023.07.14 08:50 #

Hi StellarQuantum83, thank you for the kind review! If you need any help or have any questions please don’t hesitate to DM us! Samuel James

Edward Crouch 2021.02.12 16:22 #

User didn't leave any comment to the rating

268

Reply from developer Samuel James 2021.02.12 17:09 #

Hi Edward, Thank you for the kind review! We are very happy to hear you are enjoying and making good use of HLines! If you need any help or have any questions please don’t hesitate to DM us! Northen Trading Labs

Version 3.61 2023.07.14

Creation points are now displaying correctly.

Version 3.60 2023.07.07

Fixed Multiple timeframe issue.

Version 3.58 2023.07.05

Support/Resistance Zones: Optionally change the support and resistance levels to appear as zones

Multiple timeframe S&R levels: View support and resistance levels from different timeframes simultaneously

Hide/show indicator with Shift+H

Version 3.46 2021.05.12

IHlines now works on strategy tester.

Version 3.44 2021.02.12

Removed unnecessary options. Changed "ATR zone period" default to 40. More stable code.

Version 3.1 2020.11.30

HLines 3.1. HLines now show less S/R lines but more accurate S/R lines. More stable code.

Version 1.31 2020.06.18

HLines 1.31. Flickerless version.

Version 1.30 2020.06.12

HLines 1.29. Added Alerts. Default is off. Added status messages.

Version 1.20 2020.06.02

HLines 1.20 Now combine overlapping zones into one.

Description quality and completeness
Reliability and usability
User support