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HiLo Points

This Indicator is based on the high's moving average and the low's moving average for trend following and/or trailing stops.

How does the indicator work?
The indicator plots the uptrend dots until there is a close below the moving average of the lows. When this happens, a downtrend begins and is plotted until there is a close above the moving average of the highs. When this happens, another uptrend begins. And so it goes.

How to use it?
- Trend following: You can use it as buy signals when the dots change from a downtrend to an uptrend. And also as a sell signal when the dots change from an uptrend to a downtrend.
- Trailing stop: You can use it to trail your stop loss order and secure profits.

Notice:
- Different periods of the HiLo work better on different pairs/stocks and timeframes. Experiment and find what suits you best!
- The dot can change between uptrend and downtrend while the bar is still open. So a signal is valid once the current bar closes and a new bar opens. Hence, for trailing stops based on the HiLo indicator not to get triggered until the trend changes, and so maximize your profits, you can exit the trade or tighten your stop loss order only when a bar closes reverting the dots.

Features you can edit to your preference:
- Period of moving average for the highs and lows.
- Type of moving average.
- Color and size of the uptrend dots.
- Color and size of the downtrend dots.
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⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly br
50 USD
Divergence dashboard MT5
Jan Flodin
This  multi time frame and multi symbol  divergence dashboard indicator sends an alert when one or two different divergences have been identified on several time frames. It can be used with all time frames from M1 to MN . Max. 9 time frames can be shown in the dashboard at the same time . It is possible to enable moving average, RSI or Bollinger bands trend filter to filter out only the strongest setups. The free version of this indicator can be downloaded  here   for testing before you decide t
39 USD
Breakout Scanner Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT5)  Breakout Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to automatically identify high probability breakout patterns. And it does this by finding very strong, symmetrical pennants and triangles. IMPORTANT FACTORS TO KEEP IN MIND: Pennants and triangles are some of the best possible entry areas. As they allow you  to have excellent risk and reward ratios. And this is one of the most important factors  in the institutional trading world.  PLEASE NOTE: 
79 USD
AW Trend Predictor MT5
Alexander Nechaev
The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history.  The indicator calculates Take Profit and Stop Loss marks. Important information:  To use the full potential of the indicator, we strongly recommend that you
55 USD
Gann Square of 144 for MT5
Taras Slobodyanik
The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full" ve
52 USD
AguiaTraders F12 PRO
Renato Fiche Junior
This tool was developed to help traders on candle by candle and replay training. In the indicator settings, the user can set the training start datetime. The indicator will autommatically hide all candles after this datetime. So the user can make studies before starting the training. Starting the training, the user can simulate your trades quickly and easily! Note: Demo version for testing can be found here: https://www.mql5.com/en/market/product/38314 This is a product developed by Renato F
70 USD
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