Major Trend Correction Histogram mr
- Indicators
- DMITRII GRIDASOV
- Version: 1.2
- Activations: 10
Forex Indicator "Major Trend Correction Histogram" for MT4
- Major Trend Correction Histogram indicator was designed to detect big trends
- Indicator can be in 2 colors: Red for bearish trend and Blue for bullish one (colors can be changed)
- At least 10 consecutive histogram columns of the same color means beginning of new trend
- Indicator has built-in Mobile and PC alerts
- Parameter "Period", responsible for indicator's sensitivity
HOW TO USE indicator:
1) Check for at least 10 consecutive histogram columns of the same color, it means beginning of new trend (blue - for bullish, red - for bearish)
2) Then if there is 1 or 2 opposite color column(s) take place which then changed back to main trend's color - that was trend correction.
3) It is good to consider after correction: to open Buy trade in case of major Up trend, and to open Sell trade in case of major Down trend
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