Tag: histogram indicators
Slingshot Indicator MT5
The Slingshot Indicator for MT5 is responsible for diplaying the colored price momentum histogram and signal line under the candlestick chart. Example chart: How to use the Slingshot Indicator for MT5? The Slingshot indicator uses different colors to suggests probable direction of the price movements. Traders should understand them as follows: Green – bullish movement […]
MACD Coloured Histogram Indicator MT5
The MACD Coloured Histogram Indicator for MT5 is responsible for calculating the difference between the MACD and its signal line and displays the result as a colorful histogram. This makes understanding provided signals even easier. Example chart: How to use the MACD Coloured Histogram Indicator for MT5? Once the indicator is activated in MetaTrader 5, […]
MT5 Damjan Indicator
The Damjan Indicator for MT5 provides traders with ideas for key turning points and short-term trend opportunities. It was designed to provide high-quality signals and ingore market noise. Example chart: How to use the Damjan Indicator for MT5? Once the Damjan Indicator is activated in MetaTrader 5 platform, it displays colorful histogram bars. Green bars […]
Trend Traffic Indicator MT4
The Trend Traffic Indicator for MT4 is a momentum tool that provides traders data regarding market direction, trend strength and potential turning points. It was created with an emphasis for clarify of readings. Generated signals are good fit for scalpers, day traders, and swing traders looking for clean trend confirmation. Example chart: How does the […]
CCI Histogram Indicator
The CCI Histogram Indicator for MT4 displays the readings provided by the Commodity Channel Index in the form of histo bars instead regular oscillator line. This approach allows for more friendly recognition of buy sell trends as well as overbought and oversold levels. Example chart: How to use the cci histogram mt4 indicator? Once you […]
Momentum Histogram Indicator
The Momentum Histogram Indicator for MT4 provides traders clean representation of present and past momentum of chosen asset. This is displayed in the form of histogram bars, which helps determine the strength and potential direction of market’s trend. It can be utilized both as swing and trend-following trading tool. Let’s check more details about it. […]
QQE Histogram Indicator MT5
The QQE Histogram Indicator for MT5 is an enhanced version of the QQE technical indicator, but it has several interesting features added. This tool introduces discontinued signal line levels to provide more insights into the trend. What’s more, it also includes color-changing histogram bars that correspond to these mentioned levels. As always, free download is […]
MACD Histogram Multi-Color Indicator
The MACD Histogram Multi-Color Indicator for MT5 shows the difference between the MACD and Signal Lines. For the calculation of the MACD line, you can choose from the usual price types. For the calculation of the Signal Line, you can choose between SMA or EMA. The histogram can be switched between single and multi-color. Example […]
MACD Colored Histogram Indicator
The MACD Colored Histogram Indicator for MetaTrader 4 is a high-demand trading gauge as the Moving Average Convergence and Divergence is one of the most popular forex indicators out there. This is a variation of the classic MACD and will be further described in the next parts of this article. Closer look on the MACD […]
MACD Histogram with Filter MA Indicator
The MACD Histogram with Filter MA Indicator for MT4 is, as the name suggests, a combination of the popular momentum indicator MACD Histogram with the trend determinator Moving Average. As a result, one gets a gauge that provides the correct areas to make the market entry and trade exit too. Anatomy of the MACD Histogram […]
