HRLR and LRLR ICT indicators download for MetaTrader 4 - Free - [TFlab]

The High Resistance Liquidity Run (HRLR) and Low Resistance Liquidity Run (LRLR) indicators, powerful tools in MetaTrader 4 indicators for analyzing price behavior in relation to liquidity zones , derived from the ICT methodology .

The HRLR (High Resistance Liquidity Run) occurs when the price starts to gather liquidity after forming its lowest low , initiating a movement.

This movement leads to higher lows and higher highs , eventually transforming into an upward trend .

Conversely, the LRLR (Low Resistance Liquidity Run) represents the smooth price movement toward a liquidity area of ​​lower resistance .

In this case, price moves upward by forming higher lows , reaching new peaks . These peaks represent LRLR (Low Resistance Liquidity Run) within the trend structure .

HRLR & LRLR Specification Sheet Indicator

The table below outlines the HRLR & LRL R ICT indicator specifications:

Indicators are in an upward trend

On the 4-hour timeframe of the price chart of the USD/CAD currency pair, the price HRLR (High Resistance Liquidity Movement) took shape, starting to create new lows and highs within an uptrend .

In this case, traders can enter buy trades in this key area through confirmations such as pin bars or strong bullish candles .

Indicators are in an upward trend

On the 4-hour timeframe of the price chart of the USD/CAD currency pair , the price HRLR (High Resistance Liquidity Movement) took shape , starting to create new lows and highs within an uptrend .

In this case, traders can enter buy trades in this key area through confirmations such as pin bars or strong bullish candles .

Indicators are in a downward trend

In the following downtrend , price temporarily rises after a liquidity grab , but after forming two short-term lows , it fails to form higher highs and lows .

Therefore, with a breakout of one of these major lows , traders can get the confirmation needed to enter sell trades and continue downtrend .

Settings of the HRLR & LRLR Indicator

A complete description of the indicator settings, including Display and Indicator Settings, is provided in the image below:

• Color themes for charts and objects : background themes for indicators;
• Bar Count : Counts the number of reversal candles to display the indicator.

Conclusion

The HRLR and LRLR indicators identify key reversal zones or trend continuation areas formed by analysis of new highs and lows .

In scenarios where higher highs and higher lows or lower highs and lower lows are formed, this indicator is useful for confirming entry or exit points in a trade.