Trend Histogram MT5
- Indicators
- Leonid Basis
- Version: 3.4
- Updated: 19 November 2021
- Activations: 5
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.