HLBands - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The indicator displays the open, high and low prices on the chart for the period specified in the parameters.
You can choose between two level display modes:
and two-level update mode:
It also allows setting the period for which levels are displayed on the chart.
The indicator has three input parameters:
Figure 1. D1 period on H4 chart, high/low levels, update mode "always"
Figure 2. D1 period on H4 chart, high/low levels, updated only on the first bar of the period
Figure 3. D1 period, open/close price, update mode "always" on H4 chart
Figure 4. The D1 period, opening price/closing price on the H4 chart is only updated on the first bar of the period.
Attachment download
📎 hlbands.mq5 (25.82 KB)
Source: MQL5 #20310
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