Tag: histogram indicators
MACD Histogram Indicator MT5
The MACD Histogram Indicator for MT5 is responsible for showing the difference between the MACD line and signal line. Additionally, the histogram bars make it easy to see when bulls or bears are gaining control of the market. How to use the macd histogram indicator for mt5? A quick glance of an eye is enough […]
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 MT4
The Advanced ADX Indicator for MT4 is an improved iteration of the average directional index. This tool has the ability to not only spot trends but also gauge their strength. In fact, it provides better and more detailed readings then a regular version. The updated features gives better performance and allow to maximize profitability. Example […]
WPR Histogram Vol Indicator MT5
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 […]
Moving Averages RSI Histogram Indicator
The Moving Averages RSI Histogram Indicator is, as the name suggests, a combination of two forex gauges: Moving Average and Relative Strenght Index (RSI), and its signals are provided in the form of a histogram. When both indicators agree for bullish signal, histogram bars are green. Similarly, when both indicators agree for bearish signal, histogram […]
DPO Histogram Indicator
The DPO Histogram Indicator for MT4 provides a short-term bi-colored trading signals that can be used for scalping and swing trading purposes. The readings fluctuate above and below its zero level. Histogram values above the zero level indicate the short-term uptrend, and conversely, histogram values below the zero level suggest the short-term downtrend. Example trade […]
Fisher Indicator MT4 No Repaint
The Fisher No Repaint Indicator is, as the name suggests, a non-repainting forex histogram indicator providing direction and strength of the market trends. Obviously, green histogram bars indicate a bullish trend. Conversely, red histogram bars reflect a bearish trend. Closer look on the Fisher No Repaint Indicator Signals provided by the Fisher No Repaint indicator […]
Precision Trend Histogram Indicator
The 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 […]
DMI ADX Histogram Oscillator Indicator
The DMI ADX Histogram Oscillator Indicator for MT4 is, as the name suggests, a combination of the Average Directional Index (ADX) and the Directional Movement Index (DMI). As you probably know, the ADX measures the trend strength of an asset, and DMI defines its market direction. In the result, the indicator provides complex information about […]
Color OsMA Indicator
The Color OsMA Indicator for MT4 is based on the Oscillator of Moving Average, but this one shows colored histogram bars. It is rather a simple tool that comes in handy in the determination of markets trend momentum. How to understand the color osma readings? The Color OsMA Indicator should be rather treated as a […]
