Forex Reviews

Review of MT5’s Horizontal Line Indicator: Pros and Cons

5 min read

The MT5 Horizontal Line Indicator is a popular indicator in the Forex market that helps traders analyze and identify current market trends. The indicator draws a Horizontal Line on the chart which acts as a significant support/resistance or price level. It helps traders determine when to enter and exit their trades and assists in setting stop losses and take profits. This indicator is one of the most important technical analysis tools in the Forex market.