-

Home Forex MT4 Indicators Babon Histogram Indicator

Babon Histogram Indicator

Introduction to the Babon Histogram Indicator

The Babon Histogram Indicator, as the name suggests, is a forex trading indicator that displays signals of Babon in the form of a histogram.

The indicator is displayed in a separate window place just below the main trading chart.

It fits all kinds of timeframes and currency pairs.

The default indicator settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

How to set up the AA+ indicator in MT4?

Installation Guide

Copy and paste the Babon_Histogram.mq4 or Babon_Histogram.ex4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, that goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

Free Download

Click the link below:

LINK

Bottom Line

The Babon Histogram indicator is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, it will provide false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it.

Popular Posts

Trend Imperator V2 Trading System

Trend Imperator V2 is advanced forex trading system with clear arrows buy and sell signals. In the package you will receive following files: Trend_Imperator_V2e.ex4 Trend_Imperator_V2.ex4...

100% Non Repaint Forex Scalping Indicator

The 100% non repaint scalping indicator is a custom forex buy and sell arrows signals trading tool for any time frame and currency pair...

MBFX System V2

Welcome Traders to the MBFX Trading system: I have been a successful trader for over 27 years now and still loving every minute of it. Have...

Forex Entry Point Indicator

Forex Entry Point indicator was designed to give traders the best possible entry for their long and short trades and it displays pink and...

Supply and Demand Indicator

Shved Supply and Demand The Supply and Demand Indicator is a MetaTrader 5 (MQL5) version of the indicator originally coded by Shved and upgraded by...

Looking for something?

What is your best indicator?

View Results

Loading ... Loading ...

You might also likeRELATED
Recommended for you