The Highest And Lowest Bar Price indicator for Metatrader 5 displays the highest and lowest prices for n bars ago.
For instance, when you enter 100 bars in the indicator’s inputs, the indicator will display the highest and lowest price for the latest 100 bars.
The following indicator inputs can be modified: enter the previous number of bars.
First, familiarize yourself with this technical indicator and test it on a demo account.
It supports all time frames and Forex pairs.
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iHighestiLowest.mq5 Indicator (MT5)
Chart Example
The following chart shows what the Highest And Lowest Bar Price indicator looks like when applied to the MT5 chart.
How To Buy And Sell Forex Pairs With The Highest And Lowest Bar Price Forex Indicator?
The indicator does not generate any buy or sell signals.
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iHighestiLowest.mq5 Indicator (MT5)
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the iHighestiLowest.mq5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
How Do I Edit This Indicator?
- Click in the open chart with your right mouse button
- In the dropdown menu, click on Indicator List
- Select the indicator and click on properties
- Now you can edit the inputs, colors, levels, scale and visualization
- Finally click the OK button to save the new configuration