Tag: histogram indicators
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
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 […]
MACD Histogram Indicator
The MACD Histogram Indicator for MT5 is a variation of a popular MACD indicator, but as the name suggests, it has added histograms to display the difference between the MACD and the signal lines. For the calculation of the MACD line, one can choose from the usual price types. For the calculation of the signal […]
MA Crossover Histogram Indicator
The MA Crossover Histogram Indicator is, as the name suggests, an histogram indicator based on Moving Average crossover. Signals provided by that gauge are simple. Blue histogram bars refelct bullish crossover, while red histogram bars indicate bearish crossover. We suggest using it as trend direction filter.
Advanced ADX Indicator
The Advanced ADX Indicator draws colored signal histogram bars that measure the strength of the trend. The ADX abbreviation stands for the Average Directional Index. Green ADX histogram bars suggest the trend is considered bullish, while red ADX bars suggest the trend is considered bearish. It’s better to use that forex indicator as a filter, […]
WPR Histogram Vol Indicator
The WPR Histogram Vol Indicator for MT5 is, as the name suggests, a forex volume indicator based on Williams Percentage Rate. It is developed on the following formula: (WPR + 50) * Volume. For quite understandable reasons, the recalculation of overbought and oversold levels in such a modified oscillator should be performed using the same […]