Session HiLo v4 MT4 indicator

This indicator is specially designed to calculate and display the high and low prices for a trading day, market open, market close, and specific time ranges on an MT4 chart.

Product Features:

– The indicator can be applied to any financial instrument, including forex, stocks, indices, and commodities.
– The indicator can be configured to display the session High/Low or 1-3 time ranges of choice.
– The indicator can be used to identify potential trading opportunities.
– The indicator can be used to confirm the trend direction.
– The indicator can be used to set stop-loss and take-profit orders.
– The indicator can be used to manually track Stop and Reverse levels to enter at High of London and Low of NewYork for reversals.
– The indicator can be used to define charts with open ranges, etc., and combine them with other trading systems for confirmations.
– The indicator can be used to filter profitable hours for scalping.

Product Benefits:

– The indicator is easy to install and use.
– The indicator is reliable and accurate.
– The indicator is customizable to meet your specific needs.
– The indicator can help you improve your trading performance.

Installation:

1. Download the indicator file.
2. Copy the indicator file to your MT4 indicators directory.
3. Restart MT4.
4. Attach the indicator to a chart.

Usage:

1. Open a chart in MT4.
2. Click on the “Indicators” tab.
3. Select the Session HiLo v4 MT4 indicator from the list.
4. Click on the “OK” button.

The indicator will be displayed on the chart. You can configure the indicator settings by clicking on the “Properties” button.

Additional Features:

– The indicator has configurable trading sessions (London open, London close, New York open, New York close, or custom ones).
– The indicator has alerts for when specific price levels are reached.
– The indicator has session breakouts.
– The indicator has specific time ranges with different colors, so you can quickly see the trading hours and what happened outside of them.