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This library is for
MetaTrader 4
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Name:
i-HighLow
Author: RickD (2007.05.21 11:28)
Rating: 8
Downloaded: 2914
Download:
 i-HighLow.mq4 (2.3 Kb) View

i-HighLow indicator draws the channel with borders correspond to highest high and lowest low values of the bar's shadows for the last N bars.


Indicators' parameters are:

  • extern int N = 20; - searching of highest/lowest bars for the last 20 bars
  • extern int N2 = 5; - drawing the borders with 5 points offset by price axis

 
5 comments  To post a new comment, please log in or register
nothing powerful there
13.06.2007 21:09 Zulu

simple and powerful..

11.06.2007 12:26 sareen
harooki2 wrote:
How do you use it?

It helps you identify price support and resistence levels.
As far as I know, it is the best strategy in raning market.
24.05.2007 10:16 lalilo
lalilo wrote:
simple and powerful..

thanks
How do you use it?
23.05.2007 22:42 harooki2
simple and powerful..

thanks
22.05.2007 18:08 lalilo