TrendlessOS Histogram Indicator
Platform: MT4 Type: Momentum Last update: November 3, 2024The TrendlessOS Histogram Indicator for MT4 provides gray and colorful readings based on price movements.
When you see a green, red or blue bar exceeding the overbought or oversold level defined by dotted lines – it means a high-probality market reversal in underway.
The best use case for this tool is combination with other technical analysis indicators.
Example chart:
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