Introduction to the DPO Histogram Indicator The DPO Histogram Indicator provides a short-term bi-colored trading signals that can be used for scalping and swing trading purposes. The DPO Histogram fluctuates 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…
Tag: histogram indicators
Fisher Indicator MT4 No Repaint
Introduction to the Fisher No Repaint Indicator 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. The Fisher No Repaint Indicator fits all kinds of…
Precision Trend Histogram Indicator
Introduction to the 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.…
DMI ADX Histogram Oscillator Indicator
Introduction to the DMI ADX Histogram Oscillator Indicator The DMI ADX Histogram Oscillator Indicator 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,…
Color OsMA Indicator
Introduction to the Color OsMA Indicator The Color OsMA Indicator 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. The Color OsMA Indicator fits all kinds of timeframes and currency pairs. It…
QQE Histogram Indicator
Introduction to the QQE Histogram Indicator The QQE Histogram Indicator is another variation of the original QQE indicator, which was only used to show the QQE values. The QQE Histogram indicator, as the name suggests, shows signals in the form of a histogram, demonstrating a clear momentum overview and overbought/oversold levels. The QQE Histogram Indicator…
Automatic Trendlines Histogram Indicator
Introduction to the Automatic Trendlines Histogram Indicator The Automatic Trendlines Histogram Indicator works in two fields simultaneously. It draws automatic trendlines and displays trend histogram bars at the same time. The auto trendline is your dynamic support and resistance levels, while trend oscillator (histogram) comes in handy as a trend direction filter. The Automatic Trendlines…
WPR Smooth Histogram MTF Indicator
Introduction to the WPR Smooth Histogram MTF Indicator The WPR Smooth Histogram MTF Indicator is a forex trading indicator based on the Williams’ Percent Range determining forces of bulls and bears in the market. As the name suggests, this is a histogram so the trading signals are represented in the form of histogram bars. Moreover,…
Jurik Smooth Histogram MTF Indicator
Introduction to the Jurik Smooth Histogram MTF Indicator The Jurik Smooth Histogram MTF Indicator is a simple forex trend oscillator that helps to understand the current market momentum and notifies you of possible changes in the market trends. It uses histogram bars to display its trade signals. The developer of the Jurik Smooth Histogram placed…
Forex Tyrannosaurus Indicator MT4
Introduction to the Forex Tyrannosaurus Indicator The Forex Tyrannosaurus Indicator for MT4 uses a custom formula to calculate trend momentum and depicts these values in the form of histogram bars colored into blue and red. It’s pretty straightforward to use the Forex Tyrannosaurus indicator, simply blue bars reflect a bullish trend, and red bars reflect…