Forex i High Low i High Low Indicator

Forex i High Low i High Low Indicator:

The i-HighLow indicator draws a channel with the borders that correspond to the highest and lowest values of candlestick shadows for a specified number of bars with a vertical shift at the number of points defined by the indicator input parameters:

//+———————————————-+
//| Indicator input parameters |
//+———————————————-+
input uint period=20; // The number of candlesticks for defining an extremum
input uint Filter=50; // Width of the offset from a candlestick in points
input int Shift=0; // Horizontal shift of the indicator in bars

Test results:

Forex i High Low i High Low Indicator

Copy and paste the file into the MQL5 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL5 > Indicators (paste here)

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