HTLT - Hi Dot Lo Dot MT4
Dot indicators are one of the simplest trading indicators, so even beginners don't have to worry about making a mistake when analyzing a trading signal.
In addition, the algorithm that forms the basis of HTLT can react much more accurately and even faster to trend changes, which is extremely important as time is one of the main factors leading to success in modern trading.
- Trend indicator
- User-friendliness: Simple
- Usability: Forex, Silver, Gold
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
The only thing you need to do when trading with the HTLT indicator is to wait for the color of the dot to change, which here is a kind of indicator of the current trend situation (see charts below).
The chart below highlights the time period (between the vertical lines) within which the trend situation changed, ultimately creating a potential opportunity for traders to make profits in excess of a cool 100 pips.
Download HTLT from the button below
Do you need help with installing this indicator into MT4 for Windows or Mac OS? Our guide HERE will help you.