MTF HighLow


MTF High Low indicator displays key price levels across multiple timeframes directly on your chart, 
so you always know where the market has been and what levels matter most.

The NY Session High/Low Levels automatically plot the highest and lowest prices of the New York trading session on your chart. It provides clear horizontal lines for the Today (TDY), Yesterday (YTD), Week (7D), and Month (30D) sessions, with customizable display options.
         
Inspired by MTF.HighLow.ex4 by FXSSI (https:fxssi.com).       
Full independent rewrite for MT5 with NY session alignment,     
DST-aware logic, and stub/full-line display modes. Lightweight on CPU.        

A standout feature is the Live vs. Closed H1 toggle for the Today level, giving you full control over whether the level updates intrabar (live) or only after each H1 bar closes (stable). This ensures the indicator behaves identically on MT4 and MT5, making it ideal for traders who use both platforms.

Key Features

  • Multiple Timeframes:

    • Today (TDY)

    • Yesterday (YTD)

    • Last 7 Days (7D)

    • Last 30 Days (30D)

  • Two Modes for Today’s Level:

    • Closed H1 Mode (default): Uses only completed H1 bars → stable, no repaint.

    • Live Mode: Includes the current forming H1 bar → updates in real time for visual feedback.

  • Customizable Appearance:

    • On/off toggle for each level

    • Line color, style, width

    • Optional price labels (show/hide, size, position)

    • Prefix for object names (avoids conflicts)

  • Automatic NY Session Detection:

    • Session start/end based on New York time (configurable start hour).

    • Handles DST changes and weekend gaps seamlessly.

Input Parameters

Parameter Description
Display Enable/disable the entire indicator
ShowToday Show Today’s high/low
ShowYesterday Show Yesterday’s high/low
Show7Days Show the high/low of the last 7 days
Show30Days Show the high/low of the last 30 days
UseClosedH1 true = stable (closed H1 bars only) / false = live (updates intrabar) – applies only to Today
ShowPriceTag Display price labels next to each level
LabelSize Font size for price labels
Prefix Prefix for all drawn objects (useful when running multiple instances)

Each level also has its own color, line style, and width settings.

Why the Toggle Matters

In MT5, by default, levels are often updated using the current bar’s high/low, which can repaint. In MT4, the  iHigh()  and  iLow()  functions give the closed bar values. The UseClosedH1 toggle bridges this gap:

  • UseClosedH1 = true → MT4 behaves like MT5’s “stable” mode (ideal for backtesting and signal generation).

  • UseClosedH1 = false → MT4 matches MT5’s “live” mode (perfect for discretionary trading and visual monitoring).

This parity ensures you can rely on the same logic regardless of the platform you are using.

The indicator draws horizontal lines and optional price labels. All objects are named with the chosen prefix and can be managed programmatically if needed.

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Göstergeler
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Göstergeler
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Göstergeler
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Göstergeler
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Göstergeler
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Göstergeler
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5 (1)
Göstergeler
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Göstergeler
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Göstergeler
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Ramil Minniakhmetov
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Göstergeler
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Göstergeler
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5 (11)
Göstergeler
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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Gordana Batic
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