Popular tags: Support, Resistance, Trend, Range, Fibonacci, Wave, Divergence, Multi time frames(MTF), Swing, Volume, Overbought, Oversold
Customization and Conversion for: MetaTrader(MT4, MT5), Thinkorswim, NinjaTrader, MultiCharts, Tradingview, Prorealtime, SierraChart, etc.
 


Multi Time Frame MTF High Low line indicator for MT4 metatrader4

Multi Time Frame MTF High Low line indicator for MT4 metatrader4
Availability: In Stock
Price: $59.00USD $30.00USD

Available Options


* Please enter your MT4 ID:

Qty:     - OR -   Add to Wish List
Add to Compare
0 (0/5)  0 reviews  |  Write a review
Please note that this is 1 year license for 1 of your id.

This indicator will be able to draw the given number of High & Low price as horizontal line from previous higher timeframes.




The concept is very simple and therefore it's easy to use.

The input NumOfLines controls the number of lines from previous higher timeframes.
The input Timeframe is the higher timeframe you want to use.

For example, if you set NumOfLines=3, Timeframe =1 Day, it will draw the High & Low price as horizontal line from previous 3 days.


 

The chart below is an example to draw the previous day's High and Low price on a 15min chart, input set NumOfLines=1, Timeframe =1 Day.



The chart below is a 1-minute chart with input set to NumOfLines=3, Timeframe =1 Hour.
The 3 blue lines are the Highs of last 3 hours, the 3 red lines are the Lows of last 3 hours.









 
 

Write a review

Your Name:


Your Review: Note: HTML is not translated!

Rating: Bad           Good

Enter the code in the box below:



Tags: Trend, mt4, mtf
Welcome to Patternsmart
Converting your indicator from one platform to another.

Custom Alert, Autotrader, Indicators, Scan, Screener, Strategy and Signals.


 

Copyright @ 2020 Patternsmart - All rights reserved


This website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. It's not recommended to use any single indicator as sole evaluation criteria. The companies and services listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. patternsmart is not responsible for the accuracy or content of any product, service or company linked to on this website.

Futures trading contains substantial risk and is not for every investor.Please read the following risk disclosure before considering the trading of this product: Futures Risk Disclosure. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Trading stocks, options, futures and forex involves speculation, and the risk of loss can be substantial.Investor must consider all relevant risk factors, including their own personal financial situation, before trading. Trading foreign exchange on margin carries a high level of risk, as well as its own unique risk factors. Forex investments are subject to counter-party risk, as there is no central clearing organization for these transactions. Please read the following risk disclosure before considering the trading of this product: Forex Risk Disclosure. Spreads, Straddles, and other multiple-leg option strategies can entail substantial transaction costs, including multiple commissions, which may impact any potential return. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Prior to trading options, you should carefully read Characteristics and Risks of Standardized Options.

patternsmart.com will not be held liable for the loss of money or any damage caused from relying on the information on this site. Any investment decision you make in your self-directed account is solely your responsibility.