High Low Open Close MT4
by Alexandre Borela · MT4
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Summary
High low levels by Guner Koca is an MT4 indicator priced at $100 that focuses on support/resistance extremes. It can help price-aware traders visualize key zones, but verified performance data is not available and the indicator requires manual interpretation and sound risk management. Alternatives like Haven Candle Timer, MTF Trend Monitor, STRAT Price Action Scanner, Currency Strength Meter Pro (MT5) and MACD Intraday Trend PRO offer complementary features: timers, multi-timeframe trend signals, pattern scanning, currency strength and intraday MACD filtering. Choose based on platform compatibility, trading style and tolerance for discretionary setups.
Retail forex traders compare High low levels with alternatives because no single indicator suits every strategy or market condition. High low levels aims to highlight recent extremes and potential reversal or breakout zones on MT4, but traders often want additional tools for timing, multi-timeframe confirmation, currency strength context, or intraday momentum. Factors such as platform (MT4 vs MT5), price, developer support, and integration with broker conditions like spreads and execution matter too. This comparison looks at practical strengths and weaknesses so traders can match an indicator to their risk limits, trade frequency, and preferred workflow.
| Metric | High low levelsMain Product | Trendopedia Ai Our bot | High Low Open Close MT4 | High Low Close MT4 | High Value Consolidation zones scanner 1 | High Degree Swing angles MT4 |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | 0.0 | N/A | N/A | N/A |
| Price | $100 | $149 | N/A | $30 | $50 | $199 |
| ROI | N/A | +285.3% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.7% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.42 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 497 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
High low levels, authored by Guner Koca for MT4, is an indicator priced at $100 that plots recent swing highs and lows to define trading zones. Strengths include clear visual zones for support/resistance, straightforward setup for discretionary traders, and compatibility with many MT4 brokers. Weaknesses are the lack of verified performance stats, an N/A rating, and reliance on trader interpretation rather than automated signals. It suits price-action traders who use manual entries and want zone-based stop and limit placement. Platform realities matter: spreads, broker execution, and permitted order types affect results, and drawdown risk remains inherent to discretionary methods. FxRobotEasy independently reviews this product but cannot guarantee results.
by Alexandre Borela · MT4
by Mariusz Franciszek Szczepanczyk · MT4
by Charles Mwangi Ndungu · MT4
by Satya Prakash Mishra · MT4
High low levels is a straightforward MT4 zone indicator best suited to price-action traders who prefer manual entries and visual support/resistance cues. Its $100 price point is reasonable for discretionary users, but the lack of verified stats and an N/A rating means traders should demo first and combine it with risk controls. Alternatives fill gaps: timers, multi-timeframe trend confirmation, pattern scanning, currency strength and intraday momentum. FxRobotEasy also verifies and lists automated bots as alternative solutions; those may suit traders seeking rule-based execution, but all options carry broker-dependent spread and drawdown risks.
High low levels can be worth buying if you value visual support and resistance zones and use MT4. It costs $100, but there are no verified performance stats and its rating is listed as N/A. Treat it as a discretionary tool that requires your execution rules, risk management and awareness of broker spreads and order execution. Demo or paper-test before using live capital.
The best alternative depends on your needs: choose Haven Candle Timer for precise candle-close timing, MTF Trend Monitor for higher-timeframe confirmation, STRAT Price Action Scanner for automated pattern spotting, Currency Strength Meter Pro for currency bias (MT5 only), or MACD Intraday Trend PRO for intraday momentum. All alternatives lack verified performance stats, so match tool features to your strategy and test under your broker conditions.
Yes, you can use High low levels with most MT4-compatible brokers, but results depend on spreads, execution quality, and allowed order types. Indicators do not remove drawdown risk; discretionary users still face losing trades and slippage. Check your broker’s symbol naming, spread behavior during news, and whether your account supports the timeframes you trade. FxRobotEasy independently reviews products but does not guarantee profits.
While evaluating High low levels and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+285.3%
Total Return
22.0%
Max Drawdown
57%
Win Rate
497
Total Trades