The i-HighLow indicator draws a channel with the borders that correspond to the highest and lowest values of candlestick shadows for a specified number of bars with a vertical shift at the number of points defined by the indicator input parameters:

//| Indicator input parameters                   |
input uint period=20;    // The number of candlesticks for defining an extremum
input uint Filter=50;    // Width of the offset from a candlestick in points
input int Shift=0;       // Horizontal shift of the indicator in bars

This indicator was first implemented in MQL4 and published in CodeBase on 21.05.2007.


MT5 Indicator – Download Instructions

i-HighLow is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

i-HighLow provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install i-HighLow.mq5?

  • Download i-HighLow.mq5
  • Copy i-HighLow.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on i-HighLow.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator i-HighLow.mq5 is available on your Chart

How to remove i-HighLow.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:


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