Babon Histogram Indicator

Platform: MT4 Type: Momentum

Users rating:

Last update: October 21, 2024

The Babon Histogram Indicator for MT4 displays bars corresponding to the short-term market trends. Both size and colors of the readings have a meaning.

When bars are colored blue – it means that the current trend momentum is considered bullish. On the other side, when bars are colored red – it means that the current trend momentum is considered bearish.

Example chart:

babon histogram example chart