Precision Trend Histogram Indicator
Platform: MT4 Type: Trend Last update: September 25, 2024The Precision Trend Histogram Indicator is a simple histogram that displays signals based on the Precision Trend indicator. The best way to use that indicator is to define a general trend direction of the market. Therefore, you should treat it more as a filter, than a signal provider.
Example trade with the Precision Trend Histogram Indicator
Below is the screenshot of an example trade with the Precision Trend Histogram Indicator.
As you can see, the Precision Trend Histogram bars switched from red to green. At the same time, the price made moves according to the direction suggested by the indicator.
