Monitoring Multi-Symbol Daily, Weekly, and Monthly High-Low Breakouts
Summary
The document describes a MetaTrader indicator that monitors the high and low levels of as many as 50 currency symbols on a single chart. It supports daily, weekly, and monthly periods and displays each symbol’s bid, reference levels, and status in a color-coded panel. A breakout above a period high or below its low can trigger popup and sound alerts; the chart symbol’s levels can also be drawn as horizontal lines.
A configurable near zone flags prices approaching a level based on a fraction of the period’s range. An optional date filter displays levels from a selected historical date for review, with alerts disabled in that mode. The page documents settings for symbols, timeframes, colors, panel appearance, lines, and alerts, but provides no performance evidence or trading rules for acting on signals. It is limited to daily, weekly, and monthly data, and alerts are designed for live monitoring rather than historical use.
Key ideas
- The indicator tracks high and low levels for multiple symbols from one chart.
- It supports daily, weekly, and monthly reference periods.
- Breaks of a period high or low can trigger popup and sound alerts in live mode.
- A configurable near zone marks prices approaching either level.
- Historical date filtering is available for review, but alerts are disabled while it is active.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.