Chimp Indicator
Platform: MT4 Type: Trend Last update: October 13, 2024The Chimp Indicator is a custom forex trading tool that presents its signals in the form of a histogram.
The indicator is displayed in a separate window placed just below the main trading chart.
The green and red bars move in above and below 0 level and you should trade accordingly to the following suggestions.
When the readings are above 0 level, bars are green and the trend is bullish. In this case, look for buy trades. When the readings are below 0 level, bars are red and the trend is bearish. In this case, look for sell trades.
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