MTF HIGH LOW INDICATOR MT5

• MTF High Low Indicator for MT5 plots high and low of previous and current daily, weekly and monthly charts with pivot for forex trading.
• The Custom High Low Indicator for MT5 plots the previous and the current daily, weekly, and monthly high and low levels in the chart.

As a result, forex traders can easily identify the BULLISH or BEARISH trends in multiple time frames and incorporate them in any technical trading strategy. So the indicator can assist the trader in identifying the best BUY and SELL entry and exit points.

• You can easily change the indicator’s settings to customize it for you.

The indicator works best for new and advanced traders. It works on all timeframes and forex traders can download the indicator for free and install them easily.

Custom High Low Indicator For MT5 Trading Setup

• The above AUDJPY Daily chart shows the Custom high low indicator for MT5 in action. The indicator shows all the necessary high and low levels together with the pivot lines. So, pivot traders can identify the trend in the higher timeframes and decide to BUY or SELL in a lower time frame chart. Also, the highs and lows of the higher timeframes tend to be the best entry point to BUY or SELL. It is obvious to find all the information in a snapshot and apply them accordingly in a technical trading strategy.

Conclusion

• Obviously, the Custom high low indicator for MT5 provides a snapshot of multiple timeframes to the forex trader. As a result, they assist the trader in both BULLISH and BEARISH trends effectively.