High Value Consolidation zones scanner 1
by Charles Mwangi Ndungu · MT4
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Summary
High Low Open Close MT4 is an MT4 indicator by Alexandre Borela that emphasizes session open/high/low/close price cues and has an aggregate rating of 4.81/5. Price information and verified performance stats are not available. Traders seeking timing, multi-timeframe alignment, price-action scanning, currency strength, or intraday MACD alternatives should evaluate Haven Candle Timer, MTF Trend Monitor, STRAT Price Action Scanner, Currency Strength Meter Pro (MT5), and MACD Intraday Trend PRO. Consider broker spreads, execution quality, and drawdown risk; FxRobotEasy independently reviews all products to aid side-by-side comparison.
Retail forex traders compare High Low Open Close MT4 with alternatives to decide which indicator best fits their workflow, timeframes, and risk parameters. Alexandre Borela’s indicator is straightforward, focusing on session opens and extremes for entries and exits, but many traders need additional features: countdown timers for bar closes, multi-timeframe trend confirmation, automated price-action scanning, currency strength heatmaps, or intraday MACD signals. Broker rules, spreads, and execution quality can materially affect indicator usefulness, and drawdown risk remains the trader’s responsibility. FxRobotEasy independently reviews all products to provide balanced context for traders evaluating these tools.
| Metric | High Low Open Close MT4Main Product | Trendopedia Ai Our bot | High Value Consolidation zones scanner 1 | High low levels | Higher High and Lows | High Low Close MT4 |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | N/A | N/A | N/A | N/A |
| Price | N/A | $149 | $50 | $100 | N/A | $30 |
| ROI | N/A | +291.1% | 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 | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | 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 Open Close MT4, authored by Alexandre Borela for the MT4 platform, is an indicator centered on displaying session open, high, low and close levels clearly on the chart. Strengths include simplicity, clarity of price reference points, and suitability for traders who use session-based strategies or value visual cues for breakout and reversal planning. Weaknesses include limited built-in automation, no published price (Price: N/A), and the absence of verified performance stats. The product has a rating of 4.81/5, but performance and live statistics are not available for independent verification. Platform realities matter: broker spreads, swap policies, minimum lot sizes, order execution speed and slippage can all change real-world results. As with any indicator, drawdown risk exists and historical or demo testing is recommended before live deployment. FxRobotEasy independently reviews all products and recommends combining indicators with sound risk management and broker-aware testing.
by Charles Mwangi Ndungu · MT4
by Guner Koca · MT4
by Biswarup Banerjee · MT4
by Mariusz Franciszek Szczepanczyk · MT4
High Low Open Close MT4 is a solid, minimalist indicator for traders who prioritize session reference levels and clear visuals. Its 4.81/5 rating suggests user appreciation, but price and verified live stats are not available, so traders should demo-test and validate with their broker’s spreads and execution. Alternatives offer complementary capabilities: timing, multi-timeframe confirmation, automated scanning, currency strength analysis on MT5, and intraday MACD filtering. For hands-off or automated approaches, consider FxRobotEasy bots as a verified alternative. Whatever you pick, manage drawdown risk, test under real spreads, and use demo runs first.
Whether it is worth buying depends on your needs. High Low Open Close MT4 is rated 4.81/5 and suits traders who want clear session open/high/low/close cues. Price information is listed as N/A and there are no verified performance stats, so you should demo-test it and verify how it behaves with your broker’s spreads, execution speed, and order rules before committing real capital.
The best alternative depends on your objective. For timing, consider Haven Candle Timer Countdown. For trend alignment, MTF Trend Monitor fits. For scanning price-action setups, STRAT Price Action Scanner is useful. For currency bias on MT5, Currency Strength Meter Pro costs $78. For intraday momentum, MACD Intraday Trend PRO costs $77. All alternatives show high ratings but lack verified performance stats, so choose by feature fit and test under your broker conditions.
Start by defining your timeframe and edge, then demo each indicator to see how signals perform with your broker’s spreads and execution. Check platform compatibility (MT4 versus MT5), price, and whether the tool complements your rules. No indicator removes drawdown risk; use proper position sizing, stop losses, and sample-size testing. Remember FxRobotEasy independently reviews all products, but independent, broker-specific demo testing is essential before trading live.
While evaluating High Low Open Close MT4 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.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades