BBhisto Indicator
Platform: MT4 Type: Momentum Last update: December 7, 2024The BBhisto Indicator for MT4 is responsible for displaying standard deviation of bollinger bands in the form of histogram bars. There are also blue and pink dots that shows whether the readings are positive (above 0) or negative (below 0).
As a rule of thumb, consider only long trades during positive signals and only shorts trades when the provided signals are negative. Our recommendation is to use it only for momentum and short-term bias, but for entries use other technical analysis tools.
Example chart:
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