The HLR indicator is a useful tool for forex traders looking to enhance their trading strategy on the popular MT4 platform. This free indicator helps traders identify potential reversals in the market, providing valuable insights into potential entry and exit points. The HLR indicator works by analyzing price action and identifying high, low, and reversal points on the chart. By using this information, traders can better predict when trends may be changing direction, leading to more profitable trading opportunities. To use the HLR indicator, simply download and install it on your MT4 platform. Once applied to your chart, the indicator will display buy and sell signals based on the analyzed price action. Traders can use these signals to make informed decisions on when to enter or exit trades, increasing their chances of success in the forex market. Overall, the HLR indicator is a popular choice among forex traders for its accuracy and ease of use. By incorporating this indicator into your trading strategy, you can improve your overall trading performance and achieve better results in the market.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Hlr-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Hlr-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Hlr-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/04/Hlr-screenshot-3-230x144.png)
HLR Indicator
The HLR Indicator is a popular and useful forex indicator for MT4 that is designed to help traders identify trend reversals and potential entry points. This free indicator works by analyzing price action to determine high, low, and reversal points in the market. Traders can use this information to make informed decisions about when to enter or exit trades. The HLR Indicator is easy to use and can be applied to any time frame or currency pair. By incorporating this tool into your trading strategy, you can improve your chances of success in the forex market.
Indicator Type | |
---|---|
Trading Style | , |
Timeframe | , |
Platform |
0
People watching this product now!
Category: Stochastic
Downloads - 3
Description
Reviews (0)
Be the first to review “HLR Indicator” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
MACD True
The MACD True Indicator is a popular and useful MT4 forex indicator that helps traders identify trends and momentum in the market. It is a modified version of the traditional MACD indicator that incorporates a color-coded histogram to provide more visual cues for traders. This indicator works by measuring the difference between two moving averages, and it is often used in conjunction with other technical indicators to confirm trading signals. Traders of all levels can benefit from using the MACD True Indicator in their trading strategies.
Wave Trend Oscillator
The Wave Trend Oscillator Indicator is a popular and free Forex indicator for MT4 that is useful for both novice and experienced traders. This indicator is designed to detect the trend and momentum of the market and provide traders with a visual representation of the trend direction. It then plots the waves on a chart and provides traders with a signal when the trend has reversed or is about to reverse. This indicator is also customizable, allowing traders to adjust the sensitivity of the indicator to their own trading style. With the Wave Trend Oscillator Indicator, traders can easily identify the trend of the market and make informed trading decisions.
Synthetic VIX
The Synthetic VIX Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator utilizes a combination of price action and signals from multiple time frames to accurately predict market movements. The Synthetic VIX indicator can be used to identify potential entry and exit points in the market, as well as to identify trend reversals and breakouts. It is designed to provide traders with an easy to use and reliable indicator that can help them make informed trading decisions. With its accurate and reliable signals, the Synthetic VIX Indicator is a great tool for any trader looking to improve their trading performance.
Renko Charts
The Renko Charts indicator is a popular free MT4 tool used by forex traders to analyze market trends. It works by plotting price movements as "bricks" on a chart, where each brick represents a predetermined price range. This helps filter out market noise and highlight the direction of the trend. Make The Renko Charts indicator a useful tool to improve your Forex trading strategies.
TRIX Indicator
The TRIX indicator is a new and popular technical analysis tool designed for the forex market wich available for free on the MT4 platform. TRIX uses triple exponential smoothing to identify trends and provide buy/sell signals based on crossovers and divergences. The indicator also helps traders identify overbought and oversold conditions, which can be used to make informed trading decisions. With its accuracy and simplicity, the TRIX indicator is quickly gaining popularity among forex traders.
Pullback Factor
Pullback Factor Indicator is a popular and new trend-following indicator designed for use in the forex market. It helps you to identify the end of a trend retracement and the resumption of the trend. With its unique algorithm, the indicator predicts the extent of a trend pullback, enabling traders to enter the market with precision and accuracy.
Reviews
There are no reviews yet.