What is the high-low line?

Now, before explaining the contents of the "TakaYasu" indicator, "What is a high-low line?" Before explaining the contents of the "TakaYasu" indicator, we will explain "What is a high-low line? First of all, let's look at the high and low candle prices.

(1) is theHigh price ,(2) TheLow price .And to answer the question, "high-low line" means to draw a line at the high or low price of a candle as the term implies. However, there are various ways to draw a high-low line in various market conditions, such as "a high-low line in a range market," "a high-low line of the previous day," "a line drawn at a return high or a push low," etc. The indicator "TakaYasu" that I will introduce now automatically draws a high-low line. The "TakaYasu" indicator, which I am about to show you, automatically draws a high/low line for you.

What is the content of the free indicator that automatically draws the previous day's high and low price lines?

Let me explain the contents of the TakaYasu indicator, which automatically draws high and low price lines.

The indicator "TakaYasu" is set on the chart in this image. Light blue from topThe four colored lines ( green, orange, red ) are automatically drawn by the indicator "TakaYasu".And what these lines of each color mean is that they are the highest and lowest prices for that day in the past that you set. For example, in the chart above, the lines are set to be drawn at the highest and lowest prices of one day (previous day) and two days ago,Green Line　⇒ High price of the day one day before (previous day)red line　⇒ Low price of the day one day before (previous day)light blue line　⇒ High price of the day 2 days agoOrange Line　⇒ The line is drawn at the low of the day two days ago. Thus, the indicator "TakaYasu",It automatically draws lines at the highs and lows of each day in the past that you set.The contents of this section are as follows. Also, the reason why we draw lines at the high and low of the day in the past is because these are the lines that traders are aware of. As you can see in the image above, there are four lines automatically drawn by the "TakaYasu" indicator that have rebounded multiple times. Lines that have rebounded more frequently in the past are lines that traders are more aware of on a daily basis than lines that have rebounded less frequently, and the fact that they are aware of these lines means that there is a higher possibility of a rebound in the future. If the high/low line of the previous day is automatically displayed with this indicator "TakaYasu", you can check it together with other entry criteria and grounds when the market price comes close to the line, This will increase the basis for the entry point and increase the winning rate. Of course, not all high-low lines are conscious, but it is an indicator that has no loss if it is put in the chart.*Please note that the high/low price line alone is not enough to make an entry. It is only an indicator that shows its power when combined with other criteria and grounds!It's just really useful, so please get it!

How to set and use parameters

Next, we will discuss the setting of the indicator "TakaYasu".

The indicator "TakaYasu" is very easy to set up. As you can see in the image above, all you have to do is enter a number in the "Value" field. For example, in the image aboveredinterpoint (interword separation)Green ⇒ 1 orangeinterpoint (interword separation)Light blue ⇒ 2is entered. This is set up so that red and green draw the high and low lines one day prior (previous day) and orange and light blue draw the high and low lines two days prior.If the value is "3", the high/low line will be drawn 3 days ago, and if the value is "4", the high/low line will be drawn 4 days ago. In the "Value" field of this parameter, simply enter a different number depending on how many days ago you want to display the high and low lines. Since the indicator can display the high and low lines for two days, I hope you will make good use of this indicator "TakaYasu" and make use of it in your daily binary options trading.

How to use the free indicator that automatically draws the previous day's high and low price lines

Now that you have automatically drawn the previous day's high and low lines, you may be wondering, "How do I use them for entry?" The most important question is, "How can I use it to enter the market? Let me show the previous picture again.

This indicator just draws lines at the daily high and low, but don't you think the area around the daily high and low are resistance and support lines? In particular, you can see that the area around the previous day's low in red is a very conscious line. Thus.The previous day's low is likely to act as a support line and the previous day's high as a resistance lineThis is a characteristic that should be kept in mind. Therefore, the first challenge of the support line tends to be a rebound, so it is recommended to aggressively aim for a reverse trend if other evidence is in place. Also, if the price breaks above a line that has rebounded many times, it tends to ride a strong trend. Looking at the lower right portion of the above photo, can you see that a strong trend is formed when the price breaks below the previous day's low line after repeated rebounding near the previous day's low line? In the lower right part of the picture, when the price breaks out of the line that is being considered, it is easy for a strong trend to be formed because it involves new selling and a lot of losses. In these situations, you can stabilize your winning rate by setting rules such as refraining from using the indicator to reverse the trend. The previous day's high-low line can be used to recognize such an environment, so there is no harm in drawing it!

important point

We are not responsible for any inconvenience caused by the downloaded indicator. We do not accept any inquiries regarding program modification, etc. ❸This indicator was created for personal use by an amateur. Please use this indicator with the understanding that there is a possibility of malfunctions. Please use the indicator after agreeing to the above. Thank you very much.

【無料】前日・前々日高値、安値ライン自動表示インジケーター