Trendline Probability Histogram Indicator

Platform: MT4 Type: Trend

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Last update: October 19, 2024

The Trendline Probability Histogram Indicator for MT4 displays histogram bars that measure a possibility of a trendline. Green bars indicate a potential bullish trendline, and red bars reflect a potential bearish trendline. What’s more, bars values above 0 suggest a trendline above the price, and similarly, bars values below 0 suggest a trendline below the price.

Example trade with the Trendline Probability Histogram Indicator

Below is the screenshot of an example trade.

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