High Low Open Close
by Alexandre Borela · MT5
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Summary
High Low MTF is an affordable MT5 indicator ($35) that highlights intraday highs and lows across multiple timeframes. It can suit discretionary traders who want a lightweight visual tool but has no verified performance stats and a rating listed as N/A/5. Alternatives range from simple timers and indicators to full EAs priced between $99 and $149. Many alternatives carry strong author ratings but also lack verified track records. Consider broker rules, spreads, and drawdown risk before buying. FxRobotEasy independently reviews each product and recommends matching tool complexity to your trading style and risk tolerance.
Retail forex traders compare High Low MTF with alternatives because they seek clarity on intraday structure, order flow context, and automated support without overspending. High Low MTF promises multi-timeframe high/low reference lines inside MT5 for quick decision-making, but traders often weigh it against countdown timers, stop-and-reverse systems, and EAs that automate entries and exits. Practical concerns such as broker execution, spread sensitivity, allowed EA behaviors, and potential drawdowns factor into the selection. FxRobotEasy independently reviews all products to highlight feature tradeoffs, price points, and platform realities so traders can choose a tool that fits their strategy and risk management.
| Metric | High Low MTFMain Product | Scalperology Ai Our bot | High Low Open Close | High Low Detector | High Low Today | High Low Day MT5 |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | 0.0 | N/A | N/A | N/A |
| Price | $35 | $149 | N/A | N/A | N/A | N/A |
| ROI | N/A | +161.0% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 12.1% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 67.2% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 2.05 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 665 | 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 MTF by Pablo Filipe Soares De Almeida is an MT5 indicator priced at $35 that plots highs and lows across multiple timeframes to help traders identify key intraday levels. Strengths include low cost, straightforward visuals, and compatibility with discretionary workflows—useful for breakout, mean-reversion, or structure-based setups. Weaknesses include a lack of verified performance stats and an N/A/5 rating, so users must test in demo conditions before risking capital. It does not automate entries, so traders should be prepared to manage trade execution, spreads, slippage, and stops manually. Platform realities matter: some brokers restrict certain indicator-assisted strategies, spreads and execution latency can impact short-term signals, and there is inherent drawdown risk with any discretionary method. High Low MTF suits traders who prefer a light, visual reference tool and can handle trade management themselves; it is less appropriate for those seeking a full EA or built-in risk controls.
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High Low MTF is a low-cost, visually focused MT5 indicator that works best for discretionary traders wanting multi-timeframe highs and lows without automation. Its main drawbacks are the absence of verified performance stats and a listed rating of N/A/5, so demo testing and strict money management are essential. Alternatives include timers and full EAs that automate execution but come with higher complexity, price, and drawdown risk. Remember broker rules, spreads, and slippage influence results. FxRobotEasy independently reviews all products; consider our verified FxRobotEasy bots if you prefer solutions with documented live performance.
High Low MTF can be worth buying if you need a low-cost MT5 indicator that highlights multi-timeframe highs and lows for discretionary trading. However, its rating is N/A/5 and no verified performance stats are available, so test it on a demo account first. Evaluate how it fits your entry and money-management rules, and be mindful of broker spreads, execution, and drawdown risk before using it on a live account.
The best alternative depends on your needs: if you want precise timing, Haven Candle Timer Countdown is useful; for automation, PZ Stop And Reverse EA or Neon Shadow EA offer full execution. Market Anomalies EA and Ultimate Extractor sit between indicators and EAs. All alternatives here have strong author ratings but lack verified stats, so choose based on whether you prefer manual signals, timing tools, or fully automated management, and always demo-test under your broker conditions.
Broker rules and spreads materially affect both indicators and EAs. Indicators that inform short-term entries suffer from wide spreads and latency, which can turn profitable signals into losers. EAs are sensitive to slippage, execution speed, and whether the broker allows the EA behaviors used. Always verify your broker’s restrictions, run demo forward-tests, and incorporate realistic spread and slippage assumptions into backtests to understand potential drawdowns and execution risk.
While evaluating High Low MTF and its alternatives, consider Scalperology 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.
+161.0%
Total Return
12.1%
Max Drawdown
67%
Win Rate
665
Total Trades