Previous High-Low Indicator
The super tool to find important levels of support and resistance. High-Low indicator never repaints, it really works in Forex and other markets. Highly recommended for intraday traders.
CATEGORIES: MT4, INFORMATIONAL
Updated on: 28.10.2023
The Previous High-Low Indicator for MT4
The Previous High-Low Indicator displays the marks for important levels on the intraday price chart. It doesn’t repaint.
PDH – Previous Day High
PWH – Previous Week High
PMH – Previous Month High
PYH – Previous Year High
PDL – Previous Day Low
PWL – Previous Week Low
PML – Previous Month Low
PYL – Previous Year Low
These 8 marks are very useful for intraday traders who trade on lower timeframes. Watching small price fluctuations, they tend to miss important Highs-Lows from higher timeframes.
The Previous Highs-Lows Indicator for MT4 will help them consider important extremes of the previous day / week / month and year.