My Real Review on HiLoC Indicator

Hi, guys! Today we will talk about HiLoC Indicator by the Indicator Vault website.

These guys have produced a lot of Forex indicators! You can find a full list of 78 (!!!) tools here

I am not sure why but their indicators usually get cracked the moment they are released. I have been using some of their tools in my trading, such as Easy Supply Demand Indicator and Hidden Divergence Pro Indicator, so I decided that it’s time to contribute and purchased the HiLoC Indicator for $69. It was soon cracked as well, but I am sure that all work should be paid.

HiLoC Indicator Characteristics

Software Type: Indicator
Platform: MetaTrader4
Timeframes: any
Pairs and assets: any
Special features: shows TP and SL on the chart
Price: $69

My experience with HiLoC Indicator

The main benefit of this indicator according to the developer is that it is able to identify the trend formation early, before other tools can recognize it.

We all know hat happens when the indicator is configured to catch the trend reversals early – we get plenty of false signals. “Indicator vault” assures us that HiLoC Indicator doesn’t have this problem:

My Experience with HiLoC Indicator

Unfortunately, this indicator is no exception from the rule. We get early signals accompanied by a lot of false arrows:

Funny thing is that we have similar examples on the sales page! Just look at this promotional screenshot:

You may think that the oscillator somehow works as a filter but no, the arrows always correspond with the changes of color.

Of course, this indicator should not be used as a stand-alone tool even though we get such promises on the website. I’m not saying that HiLoC Indicator is bad, in fact, I believe it can be used successfully in combination with other tools.

I am sharing the cracked version of the indicator here but of course it’s up to you, whether to contribute to the author or not.

Contact me: trentbaxter@forexrealreviews.com