The technical indicator MT4 3 days hilo record levels of support / resistance
The stock indicator 3 days hilo is calculated on the high price and the low price of the daily candle there three days
included
3dayshilo.mq4
Broker - Exchange Broker : platform Trading Online MT4 Metatrader
Interpretation Rules - signals From Trading
- Buy: signal bull market trend // BUY
. The price key support level in an uptrend - Buy
. When a resistance level is broken upwards, it becomes a new support level
- Sell short : // bear market trend signal SELL
. The price touches a level of resistance in a bearish trend - Sell
. When a support level is broken down, it becomes a new level of resistance
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Time and Time unit UT - Time Frame: 1 hour H1
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