Babon Histogram Indicator
Platform: MT4 Type: Momentum Last update: October 21, 2024The 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:
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