Highs - Lows - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources - MetaTrader 5 Resources
A simple indicator that displays the high and low of the desired time range on the current chart.
It can be limited to showing only a certain number of higher timeframe values (to keep the chart as clean as possible). It can be used as such indicators are usually used: for expected volatility estimates.
Attachment download
📎 highs-lows.mq5 (6.02 KB)
Source: MQL5 #16713
High Points - Low Points - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
High Points - Low Points - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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