Trend Entry Histogram mw
- Indicators
- DMITRII GRIDASOV
- Version: 1.5
- Activations: 10
Forex Indicator "Trend Entry Histogram" for MT4
- Trend Entry Histogram indicator can be used for search of entry signals into the trend direction once Entry bar appears
- This indicator has unique feature - it takes both: price and volume for calculations
- Trend Entry Histogram can be in 2 colors: red for bearish trend and blue for bullish one.
- Once you see steady trend (minimum 10 consecutive histogram bars of the same color) - wait for entry bar
- Entry signal is 1 column with opposite color in histogram and next column with initial trend color (see the pictures)
- Use short targets - closest highs/lows on chart depending on current trend
- Indicator has built-in Mobile and PC alerts
HOW TO USE indicator:
- for BUY signals: stready bullish trend (blue histogram bars) +1 red bar on histogram +1 blue bar(open Long trade here)
- for SELL signals: stready bearish trend (red histogram bars) +1 blue bar on histogram +1 red bar(open Short trade here)
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