Bigger TF OHLC Indicator
Platform: MT4 Type: Pattern Last update: November 16, 2024The Bigger TF OHLC Indicator for MT4 is responsible for showing open, high, low, close levels of the selected higher timeframe. For example, you can preview these values of D1 (daily) chart while having M15 activated.
One can think about the readings in terms of support and resistance as price often respects them, therefore range trading or breakout strategies may apply.
Example chart:
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