MT5 Multi Time Frame High and Low Indicator Download – Free – [TFlab] | Forex Indicator Download – MetaTrader 5 Resources

The Multi Time Frame High Low Indicator (MTF High Low) displays price levels directly on daily , weekly , and monthly highs and lows charts.

This MT5 levels indicator helps traders identify uptrends and downtrends across different time frames. In addition to the current level, it also shows previous highs and lows , marked with the “Previous.”

MTF high and low indicator specification table

Specifications and Features MTF high and low indicators are shown in the table below.

Bullish Trend

According to the one-hour chart of Binance Coin (BNB) , bullish movement started from the previous weekly low and reached the previous daily high .

Prices also broke above the previous week's high , indicating buying pressure and confirming the strength of the uptrend .

Bearish Trend

According to the XAG/USD (silver against US dollar) chart, prices are trading from a previous daily high . During this period, a new intraday high retracement was formed, creating a good opportunity for short entries .

MTF high and low indicator settings

The adjustable settings for the MTF high and low indicators are as follows:

• Show Daily Lines : Show daily high and low lines
• Daily Color : Set daily high/low line color
• Daily Style : Choose a visual style for daily lines
• Daily Width : Define line thickness
• Daily RayRight : Extend the daily line to the right side of the chart
• PreD_Color : Set the color of the previous daily level
• PreD_Style : Select the style of the previous daily line
• PreD_Width : Defines the thickness of the previous daily line
• PreD_RayRight : Extend the previous daily line to the right
• Show Weekly Lines : Show weekly high and low lines
• Week Color : Set the weekly level color
• Week Style : Select the visual style of weekly lines
• Week Width : Define weekly line thickness
• Week RayRight : Extend the weekly line to the right
• PreW_Color : Set the color of the previous week's level
• PreW_Style : The style of the previous weekly line
• PreW_Width : The thickness of the previous perimeter
• PreW_RayRight : Extend the previous weekly line to the right
• Show Custom Lines : Enable custom time range high/low lines
• CustomTF : Set the desired custom time range
• Custom Color : Customize the color of the time range level
• Custom Style : Customize the visual style of the time range line
• Custom Width : Customize the line thickness of the time range
• Custom RayRight : Extend the custom line to the right
• PreC_Color : The color of the previously customized time range line
• PreC_Style : The style of previously customized lines
• PreC_Width : The thickness of the previously customized time range line
• PreC_RayRight : Extend the previous custom line to the right

Conclusion

The MTF High and Low indicator shows high and low price levels on different time frames, including daily and weekly .

These levels are plotted as colored horizontal lines to define price range areas on the chart and improve trend clarity.

As a trading assist , it provides a flexible settings panel for full customization of levels, colors and styles.