Tag: histogram indicators
Jurik Smooth Histogram MTF Indicator
The Jurik Smooth Histogram MTF Indicator for MT4 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 emphasis on both the simplicity and […]
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 a bearish trend. We think that […]
Candle Average V3 Indicator
The Candle Average V3 Indicator for MT4 uses a custom formula to calculate trend-following values and displays them as rising and falling histogram bars. It’s based on a moving average length and high, low and close prices for given period. Example chart: How to understand the signals provided by the candle v3 average indicator? All […]
Glitch Index Indicator
The Glitch Index indicator is a custom forex histogram indicator that shows the index of the price deviation from its average value. That gauge was first introduced in the February edition of Active Trader Magazine in the year 2004. Since then, it has continued to gain popularity and support within the MT5 traders community. These […]
RSI Divergence Candles Indicator
The RSI Divergence Candles Indicator for MT5 is a momentum oscillator that measures the speed and change of price movements. The signals are shown in the form of candles that are colored differently in a manner that gives traders plenty of information about market trends and their directions. The foundation for that indicator is the […]
Three Moving Averages Convergence/Divergence (MAxCD) Indicator
The Three Moving Averages Convergence/Divergence (MAxCD) indicator also known as MAxCD, is a signal oscillator that consists of three moving averages. This forex indicator draws three colored histogram bars that float above and below the zero level. Each color of the histogram bar represents each moving average. The readings of that gauge are really easy […]
Laguerre Histogram Indicator
The Laguerre Histogram indicator, as the name suggests, displays Laguerre Oscillator signals in a form of the histogram bars, but also in an unusual way. These histogram bars are plotted into some kind of channel. Generally speaking, green bars represent an oversold market state and opportunity for a long trade (buy). Similarly, red bars represent […]
Ehlers Histogram Oscillator Indicator
The Ehlers Histogram Oscillator indicator, as the name suggests, shows Ehlers signals in the form of histogram bars. These signals are really easy to read: simply the blue bars mean opportunities for buy trades, and the red bars mean opportunities for sell trades. The EHO can work as a filter for trade entries and exits.
MFI RSI Divergence Indicator
The MFI RSI Divergence indicator is a forex tool based on Money Flow Index and Relative Strenght Index. It recognizes, spots, and displays divergence. Additionally, it provides buy/sell arrows for bullish and bearish divergences. We suggest using it for entries and exit ideas or as a filter in your favorite trading strategy.
Chimp Indicator
The Chimp Indicator is a custom forex trading tool that presents its signals in the form of a histogram. The indicator is displayed in a separate window placed just below the main trading chart. The green and red bars move in above and below 0 level and you should trade accordingly to the following suggestions. […]
