It is a good trend indicator that has two lines. When white line is above the blue line then this is a buy signal, otherwise it is sell signal.
Based on TradingView indicator that has same name.
MT4 Indicators – Download Instructions
HLCTrend – indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
HLCTrend – indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install HLCTrend – indicator.mq4?
- Download HLCTrend – indicator.mq4
- Copy HLCTrend – indicator.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on HLCTrend – indicator.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator HLCTrend – indicator.mq4 is available on your Chart
How to remove HLCTrend – indicator.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
MT4 Indicators Download below: