HL Next Activator Indicator

HL Next Activator Indicator

Unlock optimal trading times with our MT4 HL Next Activator. Visualize key trends of an asset at a glance. Master your trades with precision.

The Forex HL Next Activator is a simple trading indicator that plots the dots above or below the candles. These dots are self-explanatory as they reveal the current trend. However, these dots can also act as support and resistance, pointing out the potential reversal.

How To Use The HL Next Activator
The indicator is straightforward to use. When the blue dots appear, it shows an uptrend, while the red dots indicate a downtrend. As soon as the blue dots appear, you can enter the long while entering the short when you see the red dots.

In a reversal, you should only act when the price is in the consolidation phase. If red dots appear, but the price breaks above them during the consolidation, you can enter the long trade. Conversely, you can enter the short trade when the price breaks below the blue dots in consolidation.

Conclusion
The HL Next Activator indicator is a great tool. However, it may not be used as a standalone tool. Hence, you should use other indicators for the confirmatory analysis. Always test the indicator on a demo account with different settings. Once you get enough experience, you may use it on the live account.