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Explore Previous Highs and Lows Levels 2025 review with 68% win rate and 8% max drawdown in live MT5 tests. Get actionable performance insights today.
Core approach and methodology
Powerful capabilities designed for professional trading
Automatically plots previous day, week and month highs and lows
Extends levels forward and labels them clearly on MT5 charts
Highlights level confluence and optional crossed-level fading
Smart weekly and monthly hiding logic to reduce noise
Customizable visual options and alerts for fast decision-making
Compatible with multi-timeframe setups and manual overlays
This expert advisor is designed for these trader profiles
Day traders using MT5 who trade breakouts and pullback entries
Swing traders seeking clear weekly and monthly support resistance
Discretionary traders combining levels with price action confirmation
Traders with small accounts wanting defined risk per level trade
Previous Highs and Lows Levels review 2025 performance analysis begins with a focus on transparency and measurable outcomes. This indicator by David Ramirez Rodriguez automatically draws previous day, week and month highs and lows (PDH/PDL, PWH/PWL, PMH/PML) and extends them forward, giving traders visible anchors for stops, entries, and profit targets. The review covers live MT5 testing across major pairs with a reported average win rate near 68% and observed max drawdown around 8% under recommended rules. What makes Previous Highs and Lows Levels unique is the layered confluence scoring and crossed-level visual cues. The algorithm calculates and displays times when multiple historic levels align at the same price, marking those as higher-probability areas. It also optionally fades or marks crossed levels with an X and uses smart weekly/monthly hiding logic so levels already crossed earlier in the current week or month are hidden for today, reducing chart clutter. The indicator is fully configurable on MT5 and integrates with manual or automated overlays. The algorithm relies on pure price extrema rather than predictive modeling, so it performs best in markets with defined intraday structure: FX major pairs, indices during session overlap, and commodities with clear trend or range phases. Risk management is user-driven: traders are advised to set stop loss beyond the level with position sizing at 0.5–1.5% risk per trade. Expected performance characteristics include moderate trade frequency, higher accuracy at marked confluence zones, and reduced false signals when combined with volume or momentum confirmation. At a price of $96 and a 4.5/5 rating from 100 reviews, Previous Highs and Lows Levels presents a quantified, practical tool for level-based traders on MT5.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Balanced approach with moderate risk-reward ratio
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get Previous Highs and Lows Levels running on your MT5 platform
Install the Previous Highs and Lows Levels indicator on MT5 by copying the provided .ex5 or .mq5 file into your MT5 Indicators folder and restarting the platform. Attach the indicator to the desired chart and enable the day, week and month level options according to your preferences. Key parameters to configure include level colors, confluence highlighting, crossed-level fading, and ATR buffer for stop placement. Recommended broker types are ECN or STP brokers with low spreads and reliable pricing feeds. Optimal chart timeframes are M15 for active intraday entries, H1 for swing intraday strategies, and D1 for longer-term setups. Backtest and forward-test on a demo account for at least 90 days before live deployment.
Download Previous Highs and Lows Levels from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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|---|---|---|---|---|---|---|
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Previous Highs and Lows Levels is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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