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Donchian Trend Histogram

Donchian channels are a tool in technical analysis used to determine the relative volatility of a market and the potential for price breakouts.
Can help identify potential breakouts and reversals in price, which are the moments when traders are called on to make strategic decisions. These strategies can help you capitalize on price trends while having pre-defined entry and exit points to secure gains or limit losses. Using the Donchian channel can thus be part of a disciplined approach to managing trades.
When the price breaks above the upper Donchian channel, the indicator is green. When the price falls below the lower Donchian channel, the indicator will be red.

Take a look at my other trend indicators as well.

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Comfort zone signal
Mariusz Piotr Rodacki
The " Comfort Zone Signal " indicator identifies a daily zone that, when broken, has a high probability of the market continuing the established trend . Upon signal, the indicator calculates stop loss and take profit, which can be set by you. You can also set the trend. If the price is above the MA, it looks only for long positions, if below, it looks only for short positions. You can choose to ignore the moving average and display all signals. Additionally, you have the risk percentage d
FREE
This indicator is a histogram showing the trend based on 3 different moving averages. When all averages are set in ascending order, the indicator is green, and when in descending order, it is red. If the averages do not show a trend, the color is yellow. Additionally, each average can have different settings, such as Mode MA and Price MA. You can also set an alert and receive notifications on your phone. To enable the alert and push notification, you need to activate them first in the MT4 setti
FREE
MA Search 3
Mariusz Piotr Rodacki
This indicator allows you to overlay three different moving averages on the chart simultaneously. Each of these moving averages has additional settings such as: -Time frame -Shift -MA method -Applied price Using this indicator, you can easily set up three moving averages and find the one that suits you the best. You can also use this indicator to determine the trend when the moving averages cross.
FREE
Crossover MA Histogram
Mariusz Piotr Rodacki
The Cossover MA Histogram indicator is a simple tool showing the trend based on crossover of moving averages. Simply specify two mobving averages and addicional parameters like MA method and Applied price. When fast MA is above slow MA the histogram is green, indicating an uptrend. When MA fast is below MA slow the histogram is red, indicating an downtrend.
FREE
Kombajn Signal
Mariusz Piotr Rodacki
The indicator still has a few bugs but is ready for testing. This is my first indicator that determines entry and exit points. The entry point is based on breaking the peaks determined by a channel indicating highs and lows (invisible channels). TP1 is a probable target at which most positions can be closed. The channel determining the opening and closing of positions is based on different assumptions. The red stop loss line is determined based on lows and highs. The stop loss can be adjusted
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