KT Custom High Low Indicator MT5

The KT Custom High Low Indicator for MetaTrader 5 (MT5) is a versatile tool that identifies recent high and low price levels across multiple timeframes, consolidating this data into a single chart. This feature aids traders in recognizing potential support and resistance zones, enhancing their market analysis.

Key Features:

• Multi-Timeframe Analysis: Aggregates highs and lows from various timeframes, presenting them cohesively on one chart.​
• Chart Decluttering: Utilizes a sorting algorithm to merge duplicate values, ensuring a clear and organized display
• Customizable Alerts: Notifies traders when current prices approach identified high or low levels.​
• Detailed Markings: Labels each high and low with its corresponding timeframe for precise reference.​
• Personalization Options: Allows adjustments to periods, colors, line widths, and font sizes to match individual preferences.

 

Trading Specifications:

• Minimum Deposit: The KT Custom High Low Indicator itself is priced at $30 for lifetime access. However, the minimum deposit required to start trading using this indicator depends on the broker you choose. Some brokers recommend a minimum deposit of around $200 to ensure sufficient margin for trading various financial instruments on MT5.
• Recommended Timeframes: The indicator is effective across various timeframes, including M15, M30, H1, and H4, making it suitable for both intraday and swing trading strategies.
• Applicable Currency Pairs: The indicator is versatile and can be applied to any currency pair available on the MT5 platform, allowing traders to tailor their analysis to specific markets of interest.​

Incorporating the KT Custom High Low Indicator into your MT5 platform can significantly enhance your trading strategy by providing clear insights into market highs and lows, aiding in the identification of potential trading opportunities.​