HRLR and LRLR ICT indicators for MetaTrader 5 download - Free - [TFlab]

The HRLR (High Resistance Liquidity Run) and LRLR (Low Resistance Liquidity Run) indicators in MetaTrader 5 indicators are designed to analyze price behavior in liquidity zones based on the ICT methodology .

After the HRLR is formed, the lowest low and gathering liquidity appear ; at this time, the price starts a new upward movement . This movement ultimately establishes an effective uptrend as higher lows and higher highs form successively .

Conversely, the LRLR represents a movement of short-term highs toward an area of ​​lower resistance liquidity . In this case, price advances in a structured manner by forming higher lows , eventually reaching new peaks .

Specifications HRLR & LRLR Indicator

The following table provides detailed information of HRLR & LRLR ICT indicator :

Indicators at a glance

This indicator identifies HRLR (High Resistance Liquidity Movements) and tracks target areas as long as price continues to create short-term lower lows and higher highs . However, once one of the short-term lows breaks, the indicator quickly identifies a new low and uses this new low to evaluate the sustainability of the trend.

Indicators are in an upward trend

The CHF/JPY currency pair chart shows that after forming a HRLR (High Resistance Liquidity Movement), price goes into an uptrend , constantly creating new lows and highs .

In this case, traders can focus on this key area and enter buy positions based on strong candlestick patterns , such as pin bars or strong bullish candles .

Indicators are in a downward trend

Price gains were limited after absorbing liquidity, but after creating two temporary support levels and failing to form higher highs and lows , it transitioned to a downtrend after the final break in support levels .

Settings for the HRLR & LRLR Indicator

The figure below is a complete description of the indicator settings, including [Display and indicator settings]:

• Color themes for charts and objects: indicator background themes.
• Bar Count: Calculates the reversal candlesticks used to display the indicator.

Conclusion

The HRLR and LRLR indicators are used to identify profit targets in trading, and when price reaches these areas with less effort , increasing the likelihood of success in such trades. However, in HRLR zones , such as old lows or highs, achieving targets often takes more time and may depend on fundamental events like NFP or FOMC announcements.