The 2MoHLC (2 Medians of High-Low Channels) is a custom indicator for MetaTrader 5 (MT5) that highlights market trends, support, and resistance zones using a unique high-low median channel approach. Instead of relying on lagging moving averages, this tool reacts directly to price highs and lows, helping traders identify market structure in real time.
Designed for all styles of trading — scalping, day trading, and swing trading — the 2MoHLC indicator simplifies chart analysis and keeps your trading decisions objective.
How to Trade
High-Low Channels MT5 calculates two median levels derived from the High and Low channels of price movement. These levels form a colored cloud (zone) that acts as a dynamic support and resistance channel.
- 🔵 Blue Cloud → Bullish zone, showing upward momentum and potential continuation of an uptrend.
- 🔴 Red/Pink Cloud → Bearish zone, signaling downward momentum and potential continuation of a downtrend.
- ⚪ Flat Channel → Market consolidation or sideways structure.
When the price is above the blue channel, buyers dominate. When it is below the red/pink channel, sellers are in control.
Benefits of Using 2 Medians of High-Low Channels in MT5
✔️ MT5 Compatible – Built specifically for MetaTrader 5.
✔️ Dynamic support and resistance – Adapts to market conditions automatically.
✔️ Trend & reversal signals – Quickly identify the dominant market direction.
✔️ Non-repainting logic – Reliable performance without false redraws.
✔️ Multi-timeframe usage – Effective from M1 scalping up to Daily charts.
✔️ Clear visual display – Colored channels make chart reading effortless.
Trading Strategies
- Trend Following
- Enter long trades when the price stays above the blue channel.
- Enter short trades when the price stays below the red/pink channel.
- Dynamic Support & Resistance
- Use the channel boundaries as entry bounce zones.
- Stops can be placed just outside the opposite side of the channel.
- Breakout Confirmation
- Watch for strong candles breaking through the channel — this often signals a new trend phase.
MetaTrader 5 Official Website
👉 https://www.metatrader5.com/en
Investopedia – Support and Resistance Explained
👉 https://www.investopedia.com/terms/s/support.asp
Advantages of 2 Medians of High-Low Channels MT5
✅ Keeps charts clean and easy to read.
✅ Reduces emotional trading by providing objective zones.
✅ Helps confirm entries and filter out false signals.
✅ Works on all asset classes — Forex, Commodities, Indices, and Crypto.
How to Install 2MoHLC in MT5
- Download the 2MoHLC.ex5 file.
- Open MT5 → Click File → Open Data Folder.
- Navigate to: MQL5 → Indicators.
- Paste the 2MoHLC.ex5 file.
- Restart MT5 and attach the indicator to any chart.
📥 Download 2 Medians of High-Low Channels MT5
Get the 2MoHLC MT5 Indicator (2 Medians of High-Low Channels) and start trading with clear bullish and bearish zones. This tool works on all markets including Forex, Stocks, Indices, and Crypto.
