The MTF High Low Indicator MT4 is an informational indicator for MetaTrader 4 and is designed to draw high and low levels on the chart. The Indicator draws previous and current daily, weekly, and monthly high and low levels on the main chart. Additionally, it marks daily, weekly, and monthly pivot lines, providing crucial reference points for traders. The indicator also highlights daily, weekly, and monthly chart areas as rectangles, enabling traders to easily identify market trends across multiple time frames. Its highly customizable options allow traders to control the display of any required level, making it an invaluable asset for comprehensive market analysis.
This indicator is suitable for traders of all skill levels and across all time frames. Its versatility extends to trading multiple currency pairs within any forex trading system or strategy, facilitating the identification of high, low, and pivot levels.
Indicator Settings
How to Install MTF High Low Indicator MT4
Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:
The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.
