The original Hill no repaint Arrows 1
This indicator works for small time frames, and you can use trendlines with it to take the best signals. A trendline is probably the most basic tool in the technical trader’s toolbox. Trendlines are a useful tool for visually highlighting a trend, and potentially being part of a trading strategy.
Well, this indicator does not repaint hence the name, you will get fewer bad signals on higher timeframes. the entry point is the most stressful stage of trading, with all the hard work of analyzing trends and tracking entry points, this indicator does it algorithmically and 10 times better than a person.
If you think that this indicator has a 100% success rate please erase that thought, such a system does not exist. Manage money using stops and lower leverage. hence I mentioned that you can use trendlines for accurate stops and targets.
They are easy to understand and can be used in combination with any other tools you might already be using. By definition, a trendline is a line connecting two or more lows or two or more highs.
Drawing trendlines in MT4 is easy: simply click the Trendline tool icon to activate the tool and you can start drawing.
By default, the Trendline will be an infinite line. If you’d like to change that, double click on your drawn trendline, right-click on it and from the drop-down menu choose Trendline Properties. Switch to the Parameters tab and uncheck Ray option. That way your Trendline will end at the cursor of your mouse when you draw it.
Enter the market at ease, and the only worry about profit targets and stop-loss targets, Download the hill no repaint arrow indicator for MetaTrader 4.
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