Profitunity Bars Indicator
Platform: MT4 Type: Momentum Last update: September 29, 2024The Profitunity Bars indicator uses a custom formula to calculate trend momentum for each candlestick and colorizes these bars accordingly.
When the candlesticks are colored green, it means that the current short time period trend is bullish. Similarly, when the candlesticks are colored red, it means that the current short time period trend is bearish.
The Profitunity Bars indicator helps traders generate good profits from the forex market, but we still think to use in conjunction with some other technical analysis tools.