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Trend Correction Histogram m

Forex Indicator "Trend Correction Histogram" for MT4

  • Trend Correction Histogram can be in 2 colors: red for bearish trend and blue for bullish one
  • 7 consecutive histogram columns of the same color means beginning of new trend
  • Trend Correction Histogram indicator designed with the main purpose - to minimize losses and maximize profit
  • It has parameter - "Period", responsible for indicator's sensitivity
  • Built-in Mobile and PC alerts 
  • Trend Correction Histogram can be use as a simple but profitable trading system, See below:
HOW TO USE indicator:

1)  Check for at least 7  consecutive histogram columns of the same color, it means beginning of new trend. For example, there are more than 7 blue columns on the picture below.
2)Wait for just 1 (ONE) opposite color column, red in our case, which is changed again to blue one right after it. It means that it was trend correction.
3) Open Long trade when blue column take place, after just one red column before. It means that order was opened to the direction of main trend after correction.

4) Arrange SL (see pictures) and TP. TP should be at least 3 times bigger than SL. In this case you will be profitable even if you win only 30%.

5) Vice versa for Sell (short) trades (see pictures) 

// More great Expert Advisors and Indicators are available here: https://www.mql5.com/en/users/def1380/seller

It is original product which is offered only on this MQL5 website.

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GREEDY BOB  EA  - is perfect intraday trading system based on the price action research! This is "set and forget" Expert Adviser which is doing all trading job for you!   7 Set files available! Trading idea is based on famous powerful Price Action pattern which is combined with scalping techniques! GREEDY BOB EA  is working on H1 time frame during EU and US sessions Use Set files  from "Comments" section for using/testing the EA GREEDY BOB  EA   Features: - EA can run on 7 pairs simultaneously -
Spread Display Indicator
DMITRII GRIDASOV
4.86 (7)
This is Free product you are welcome to use for your needs! Also I very appreciate your positive feedbacks! Thanks a lot! // More great Expert Advisors and Indicators are available here:  https://www.mql5.com/en/users/def1380/seller Forex Indicator Spread Display for MT4 , Trading Support . Spread Display indicator shows current spread of forex pair where it is attached. It is possible to locate Spread display value in any corner of the chart: 0 - for top-left corner, 1 - top-right, 2 - bottom-
FREE
ANTI SCALPING TRADER EA  - is an advanced automatic trading system based on the latest price action research! This is "set and forget" Expert Adviser which is doing all trading job for you!   21 Set files available! Use Set files  from "Comments" section for using/testing the EA Trading idea is based on totally new Price Action pattern which I found by myself! ANTI SCALPING TRADER is very good investment - it will work years and years for you, because all Set_files have positive mathematical exp
Price Action Trader EA  - is perfect automatic trading system based on the price action research! This is "set and forget" Expert Adviser which is doing all trading job for you!  7  Set files available! Trading idea is based on famous powerful Price Action pattern - PinBar! Price Action Trader EA is very good investment - it will work years and years for you, all Set_files   have positive mathematical expectancy! Use Set files  from "Comments" section for using/testing the EA Price Action Trader
Forex Indicator HTF RVI Oscillator for MT4, No repaint Upgrade   your trading methods with the professional  HTF  RVI  Oscillator for MT4.  H TF means -   H igher Time Frame RVI is one of the best oscillators for trend change detection and entry from Oversold/Overbought areas This indicator is excellent for   Multi-Time Frame trading systems   with Price Action entries from OverSold/Bought areas . HTF RVI   Indicator allows you to  attach     RVI  from Higher time frame to your current chart    
Swap Display Indicator
DMITRII GRIDASOV
5 (1)
This is Free product you are welcome to use for your needs! Also, I very appreciate your positive feedbacks! Thanks a lot! // More great Expert Advisors and Indicators are available here:  https://www.mql5.com/en/users/def1380/seller Forex Indicator SWAP Display for MT4 , Trading Support   . SWAP Display indicator shows current swaps for long and short trades of forex pair where it is attached. It is possible to locate SWAP Display values in any corner of the chart: 0 - for top-left corner, 1 -
FREE
Price Range Levels
DMITRII GRIDASOV
5 (1)
Forex Indicator "Room_UP_DWN_Day_Week_Month" for MT4  Indicator " Room_UP_DWN_Day_Week_Month " is very useful auxiliary indicator. It shows you daily, weekly and monthly most probable levels , which can be reached by price (price range levels). Daily range is useful for intraday traders. Weekly & Monthly ranges are for Swing and Long term traders. Indicator is excellent to plan your Take Profit targets or arrange Stop Losses . // More great Expert Advisors and Indicators are available here:  ht
Dynamic Oscillator - is an advanced custom indicator - efficient Trading tool  for MT4 !   New generation of Oscillators - see pictures to check how to use it. Dynamic Oscillator has adaptive Oversold/Overbought zones Oscillator is an auxiliary tool to find exact entry points from OverSold/OverBought areas Oversold values: below Green line; Overbought values: over Red line  It is much more accurate than standard oscillators. // More great Expert Advisors and Indicators are available here:  htt
RSI for 8 Symbols mr
DMITRII GRIDASOV
5 (1)
Forex Indicator "RSI for 8 Symbols" for MT4. RSI is one of the most popular oscillators for trading It is great to take   Sell   entries from   strong OverBought zone (above 70)   and   Buy   entries from   strong OverSold zone (below 30) RSI   is very useful for divergence detection  "RSI for 8 Symbols" gives opportunity to control   RSI values of up to   8 different symbols just on 1 chart This indicator is excellent to combine   with Price Action entries from OverSold/Bought areas as well .
Forex Indicator "Scalping Channel" for MT4. Scalping Channel has ATR-based volatility borders Great to use for scalping trading: Enter in trades via arrangement pending limit order on middle line Consider Bullish entries when green steady upward channel takes place and at least 1 candle was closed above top border (see pictures) C onsider Bearish entries when red steady downward channel takes place and at least 1 candle was closed below bottom border (see pictures) // More great Expert Advisors
"Follow Trend Oscillator" - is advanced custom indicator, efficient trading tool! User friendly indicator provides opportunities for scalping into the direction of major trend Smooth and adjustable oscillator with signal histo part Green color of oscillator for upward trends,   Brown color - for downward trends Oversold values: below -30 ; O verbought  values: over 30 There are plenty of opportunities to upgrade even standard strategies with this indicator   // More great Expert Advisors and In
Forex Indicator  " Hammer and Shooting Star pattern" for MT4 Indicator  " Hammer and Shooting Star pattern "  is very powerful indicator   for Price Action trading :    No repaint, No delays; Indicator   detects bullish Hammer and bearish Shooting Star patterns  on chart: Bullish   Hammer  - Blue arrow signal on chart (see pictures) Bearish  Shooting Star  - Red arrow signal on chart (see pictures) P C, Mobile & Email alerts   are included Indicator  " Hammer and Shooting Star pattern"  is excel
Round Levels m
DMITRII GRIDASOV
Forex Indicator "Round Levels" for MT4 Indicator "Round Levels" is must have auxiliary indicator for traders who take support/resistance into consideration Round Levels are respected by the price very much - price rebounds from round levels very often Use 1000 points Step for H4, D1 time frames U se 500 points Step for H1 and lower time frames (for intraday trading) Also Round levels are good to allocate Take Profits (in front of round level) and SL (behind the round level) These levels are ver
STOCHASTIC FLAT Detector    - is an efficient auxiliary tool in trading! I offer you to upgrade your trading methods with this great indicator for MT4. Indicator   shows price Flat areas   on the chart.  It has    "Flat" parameter   -  responsible for flat detection sensitivity. STOCHASTIC FLAT Detector   can be used   for Price Action   entries confirmation,   Divergence   or   OverSold/OverBought   signals You can use it   for trend following   systems to detect flat and avoid trading there
Forex Indicator  " Inverted Hammer pattern" for MT4 Indicator  " Inverted Hammer pattern "  is very powerful indicator   for Price Action trading :    No repaint, No delays; Indicator   detects bullish Inverted Hammer  on chart:  Blue arrow signal on chart (see pictures) P C, Mobile & Email alerts   are included Indicator   " Inverted Hammer pattern "  is excellent to   combine with Support/Resistance  Levels // More great Expert Advisors and Indicators are available here:  https://www.mql5.com/
Forex Indicator "Moving Average Price METER" for MT4 Upgrade your trading methods with this useful indicator -   MA Price METER Excellent for   "3 screens" Multi  Time Frame trading   method This indicator is comparing current Price value with corresponding MAs on   7 different time frames Green box   - price is above corresponding MA Red box   - price is below corresponding MA // More great Expert Advisors and Indicators are available here:  https://www.mql5.com/en/users/def1380/seller It is or
Auto Fibo mq
DMITRII GRIDASOV
"Auto FIBO" indicator    - is great auxiliary tool in trading! Indicator automatically calculate and place on chart Fibo levels and local trend lines (red color) Fibonacci levels indicate key areas where price can reverse Most important levels are 23.6%, 38.2%, 50% and 61.8% You can use it   for reversal scalping  or for zone grid trading There are plenty of opportunities to  improve your current system using Auto FIBO indicator as well // More great Expert Advisors and Indicators are availab
Forex Indicator DAY OPEN LEVEL for MT4 Indicator "Day Open Level" is very useful auxiliary indicator OPEN day level is so important because very often price returns to that area during the day. Indicator shows you daily open line for each day It is useful for intraday traders to set up targets or use as support/resistance area. Day Open Level indicator can be used for Reversal intraday trading // More great Expert Advisors and Indicators are available here:  https://www.mql5.com/en/users/def138
ULTRA ACCURATE Oscillator for MT4 UA Oscillator - is an advanced custom indicator with around 80% accuracy when it is used in combination with trend indicator such as EMA for example. Advanced new calculation method is used.   UA Oscillator  is much faster and more accurate than standard MT4 oscillators. New generation of Oscillators - see pictures to check examples of how to use it in combination with EMA10. Oversold values: below 0.03 // Overbought values: over 0.97 There are plenty of opportu
Forex Indicator "MACD with Trend ZigZag" for MT4 MACD   indicator itself is one of the most popular tool for trend trading "MACD with Trend ZigZag" is excellent for using   with Price Action entries or in combination with other indicators Use this indicator to select most accurate entry signals: - If MACD is above 0 (green color) and ZigZag line is upward - search only for Buy Price Action patterns -  If MACD is below 0 (pink color) and ZigZag line is downward - search only for Sell Price Action
Forex Indicator Alligator  H igher Time Frame   for MT4 Alligator indicator is one of the most powerful trend indicators.   H TF means - H igher Time Frame This indicator is excellent   for Trend Traders   as well as combination   with Price Action   entries. HTF Alligator  Indicator allows you to attach Alligator from Higher time frame to your current chart. Consider   Buy entries   only when Green line is above Red one & Red is above Blue - arrange Buy Stop pending order on maximum of latest
Forex Indicator "FORCE index and 2 Moving Averages"   for MT4 This indicator is excellent for   Momentum trading   into the trend direction. " FORCE index and 2 Moving Averages"     Indicator allows you to     see Fast and Slow Moving Averages of Force index Force index is one of the top indicators that combines price and volume data into a single value Force  index itself is powerful oscillator - that measures the amount of power used to move the price Indicator gives opportunities to see the t
Forex Indicator "Scalping Histogram" for MT4 Scalping Histogram indicator can be used for search of   entry signals into the main  direction   price momentum after minor price correction Scalping Histogram   can be in 2 colors:   orange for bearish   momentum   and green for bullish one . Once you see at least   10 consecutive histogram bars   of the same color it means strong momentum takes place Entry  signal is   1 column with opposite color   in histogram and next column with initial momentu
Forex Indicator "WPR and 2 Moving Averages"   for MT4 WPR itself is one of the best oscillators for scalping "WPR  and 2 Moving Averages"   Indicator allows you to   see Fast and Slow Moving Averages of WPR  oscillator  Indicator gives opportunities to see the price corrections  very early It is very easy to set up this indicator via parameters,  it can be used on any time-frame You can see   Buy and Sell entry conditions on the pictures Consider Buy (Sell) signal conditions: (1) -fast MA crosse
Forex Indicator "ReTest Histogram" for MT4 ReTest_Histogram indicator can be used for search of entry signals into the main trend direction after the retesting of strong S/R level ReTest   Histogram can be in 2 colors: red for bearish trend and green for bullish one. Once you see steady consecutive histogram columns of the same color it means new trend takes place ReTest  signal is 1 column with opposite color in histogram and next column with trend color (see the pictures) Indicator has built-i
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Version 1.7 2024.03.27
version update