3 Bars High Low indicator for MT4 Download - Free - [TradingFinder]

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  • indicator for MT4

  • 3 Bars High Low indicator

  • Age 3+

  • level: intermidiate

  • English

Author's Instructions

The 3 Bars High Low Indicator combines the Commodity Channel Index (CCI) and the Average True Range (ATR) to display the trend direction using a Dynamic Line.

The positioning of candlesticks relative to the indicator line determines whether the trend is bullish or bearish.

The "3 Bars High Low" indicator is one of the MetaTrader 4 indicators and, in addition to the dynamic line, plots Williams Fractal points as colored dots around the price.