Trend Histogram MT5

132 0 2024-02-04

Trend indicators tell you which direction the market is moving in, if there is a trend at all because they tend to move between high and low values like a waveThis indicator shows Up Trend (Green Histogram), Down Trend (Red Histogram)

Trend indicators tell you which direction the market is moving in, if there is a trend at all because they tend to move between high and low values like a wave

This indicator shows Up Trend (Green Histogram), Down Trend (Red Histogram) and Sideways Trend (Yellow Histogram).

Only one input parameter: ActionLevel. This parameter depends of the length of the shown sideways trend.