When volatility of the financial instrument became lower than some level, the long-,middle- and short-term strategies may lose profit and became unprofitable.
It depends how long will this “calm” – during these periods you may use scalper strategies based on hourly volatility. To find the patterns of market behavior you need a tools.
The Size Highs And Lows indicator shows the size of Highs and Lows and their values over the specified period (the values are calculated the same way as Price Channel indicator).
MT5 Indicator – Download Instructions
Size Highs And Lows is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
Size Highs And Lows 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 Size Highs And Lows.mq5?
- Download Size Highs And Lows.mq5
- Copy Size Highs And Lows.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 Size Highs And Lows.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator Size Highs And Lows.mq5 is available on your Chart
How to remove Size Highs And Lows.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: