Forex Hi-Lo Activator MT4 Indicator (High Accuracy”Bullish-Bearish” Trading Signals)

Hi-Lo Activator MQ4 Indicator – The  Hi-Lo Indicator is plotted over the price chart. This Indicator is basically a simple moving average of the previous three periods highs or lows plotted based in relation to Hi-Lo Activator.

Trading NOTES

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• Bullish Signal – When price is above the Hi-Lo indicator it shows that the Forex trend is bullish and only Buy trades should be executed. In a bullish trend the Hi-Lo indicator uses the previous periods’ price lows for calculations.
• Bearish Signal – When price is below the Hi-Lo indicator it shows that the Forex trend is bearish and only Sell trades should be executed. In a bearish trend the Hi-Lo indicator uses the previous periods’ price highs for calculations.

The Hi-Lo indicator can be used as an entry signal or exit signal.

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