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Magic Histogram

The Magic Histogram indicator is a universal tool, suitable for scalping and medium-term trading. This indicator uses an innovative formula and allows you to determine the direction and strength of the trend. Magic Histogram is not redrawn, so you can evaluate its efficiency using history data.

It is most suitable for M5, M15, M30, H1 and H4.

Version for the MetaTrader 5 terminal : https://www.mql5.com/en/market/product/58448


Indicator Benefits

  • Excellent indicator signals!
  • Suitable for beginners and experienced traders.
  • Using the flexible indicator settings, you can adjust the indicator to your trading style.
  • Works on all timeframes.
  • Works on any financial instrument.
  • Does not repaint/redraw.
  • Sending signals to email and mobile devices.


Recommended symbols

AUDUSD, EURUSD, USDCHF, EURJPY, NZDUSD.


Recommended Usage

A Buy signal: the indicator value has changed from negative to positive.

A Sell signal: the indicator value has changed from positive to negative.

Magic Histogram directly provides a position entry signal. Thus you only need to calculate appropriate stop loss and take profit values.


Parameters

  • Period - indicator calculation period (main parameter). Increasing the value slows the indicator down, which improves the quality of signals and reduces their number. Decreasing the value is more suitable for aggressive traders.
  • Alert - enable or disable Alerts. True - enabled, false - disabled.
  • Email - enable or disable email notifications. True - enabled, false - disabled.
  • Push - enable or disable push-notifications. True - enabled, false - disabled.
  • Type of signal - the setting is responsible for the signal to be sent by Alert, Email and Push. Type of signal can be equal to current bar (sending an alert when signal appears on the current bar) or last bar(when a signal occurred on the past bar).
  • ColorUP - the color of the histogram for Buy signals.
  • ColorDN - the color of the histogram for Sell signals.
  • Width - the width of the histogram.


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THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
Innanzitutto, vale la pena sottolineare che questo Strumento di Trading è un Indicatore Non-Ridipingente, Non-Ridisegnante e Non-Laggante, il che lo rende ideale per il trading professionale. Corso online, manuale utente e demo. L'Indicatore Smart Price Action Concepts è uno strumento molto potente sia per i nuovi che per i trader esperti. Racchiude più di 20 utili indicatori in uno solo, combinando idee di trading avanzate come l'Analisi del Trader del Circolo Interno e le Strategie di Trading
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
FX Levels è un indicatore di supporto e resistenza eccezionalmente accurato che fonde il tradizionale metodo Lighthouse con un approccio dinamico innovativo, funzionando perfettamente su tutti i simboli di trading. Si tratta di coppie di valute, indici, azioni o materie prime. FX Levels identifica i punti di inversione e li visualizza sul grafico, che possono essere utilizzati come obiettivi di profitto nelle vostre attività di trading. Nello sviluppo di FX Levels, abbiamo sfruttato la nostra v
Dynamic Forex28 Navigator
Bernhard Schweigert
5 (2)
Dynamic Forex28 Navigator - Lo strumento di trading Forex di nuova generazione. ATTUALMENTE SCONTATO DEL 49%. Dynamic Forex28 Navigator è l'evoluzione dei nostri indicatori popolari di lunga data, che combinano la potenza di tre in uno: Advanced Currency Strength28 Indicator (695 recensioni) + Advanced Currency IMPULSE con ALERT (520 recensioni) + CS28 Combo Signals (Bonus). Dettagli sull'indicatore https://www.mql5.com/en/blogs/post/758844 Cosa offre l'indicatore di forza di nuova generazion
Altri dall’autore
Magic Histogram MT5
Evgeny Belyaev
5 (1)
L'indicatore Magic Histogram MT5 è uno strumento universale, adatto per lo scalping e il trading a medio termine. Questo indicatore utilizza una formula innovativa e consente di determinare la direzione e la forza del trend. Magic Histogram MT5 non viene ridisegnato, quindi puoi valutarne l'efficienza utilizzando i dati storici. È più adatto per M15, M30, H1 e H4. Vantaggi dell'indicatore Segnali indicatori eccellenti! Adatto a principianti e trader esperti. Utilizzando le impostazioni fles
Magic Candles è un nuovo prodotto che permette di identificare l'attuale fase di mercato (uptrend, downtrend o flat). Questo indicatore dipinge le barre in diversi colori a seconda dello stato attuale del mercato e segnala all'utente i cambiamenti di tendenza con avvisi. Magic Candles è perfetto per il trading di valute (comprese le criptovalute) e opzioni binarie. Vantaggi Adatto per scalping e trading intraday. L'indicatore non viene ridisegnato (ricalcolato), i segnali vengono generati
Currency RSI Scalper MT5 è un indicatore professionale basato sul popolare indicatore Relative Strength Index (RSI). Sebbene l'indicatore RSI funzioni bene per un intervallo di mercato, non riesce a generare segnali redditizi quando le condizioni del mercato cambiano, e quindi produce segnali errati con conseguenti grandi perdite. Hai mai pensato a un indicatore RSI adattivo che si adatta alle condizioni di mercato? L'indicatore presentato implementa un algoritmo di ottimizzazione che tro
Best Scalper Oscillator is an indicator for MetaTrader 5 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points.  Best Scalper Oscillator is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time.  Distinctive features Generates minimum false signals. Excellent for identifying trend reversals. Perfect for scalping. Suitable for working on t
Advanced Stochastic Scalper MT5 is a professional indicator based on the popular Stochastic Oscillator. Advanced Stochastic Scalper is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely ma
Advanced Stochastic Scalper
Evgeny Belyaev
4.53 (15)
Advanced Stochastic Scalper - is a professional indicator based on the popular Stochastic Oscillator. Advanced Stochastic Scalper is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely mann
Binary Trend System
Evgeny Belyaev
5 (1)
Binary Trend System   is a professional scalping indicator designed for trading binary options and Forex instruments. The indicator is based on Price Action patterns that are able to predict future price movement with a high probability. The alert system (alerts, email and push notifications) will help you to simultaneously monitor multiple trading instruments. Attach the indicator to a chart, and the alert will trigger once a signal emerges. With our alerting system, you will never miss a singl
Professional Histogram MT5 ( PH ) is a highly efficient and reliable tool for determining the direction and strength of the trend. PH is easy to use and configure both for beginners and experienced traders. Unlike most indicators, Professional Histogram finds longer trends and gives fewer false signals. When a buy or a sell signal appears, an alert is triggered allowing you to open a position in a timely manner and avoid sitting at your PC all the time. Professional Histogram    for the MetaTrad
The   Advanced Trend Scalper  indicator is designed to help both novices and professional traders. The indicator analyses the market and gives you buy and sell signals. It does not use any other indicators, it works only with the market actions. The signal appears right after the candle close and it does not repaint. The efficient algorithm provides a high degree of reliability of such signals.  Advanced Trend Scalpe r  for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/3334
Golden Star MT5 è un indicatore di tendenza professionale per la piattaforma MT5 sviluppato da un gruppo di trader professionisti. L'algoritmo del suo lavoro si basa sul metodo dell'autore originale, che consente di trovare potenziali punti di inversione di tendenza con un'alta probabilità e di ricevere segnali per entrare nel mercato all'inizio di una formazione di tendenza. Questo indicatore è adatto per lavorare su oro, criptovaluta e coppie di valute sul Forex. Il sistema di allerta (avviso
Exclusive Trend
Evgeny Belyaev
5 (3)
Exclusive Trend is a trend indicator that can be used for scalping, as well as intraday trading. Advantage of indicator: Generates minimum false signals. Perfect for scalping. Simple and easy indicator configuration. Recommendations on usage It is recommended to use the indicator during session movements to reduce the likelihood of falling into flat. Period M1 to D1. Trending currency pairs: GBPUSD, EURUSD, AUDUSD. Signals for Position Opening: Open Buy when the indicator is blue. Open Sel
The   Advanced Trend Scalper MT5  indicator is designed to help both novices and professional traders. The indicator analyses the market and gives you buy and sell signals. It does not use any other indicators, it works only with the market actions. The signal appears right after the candle close and it does not repaint. The efficient algorithm provides a high degree of reliability of such signals.  Advanced Trend Scalpe r  for the MetaTrader 4 terminal :  https://www.mql5.com/en/market/product/
Vuoi avere successo nel mercato Forex? Il nostro innovativo indicatore   AI Swing Trading   è la tua chiave segreta per un trading di successo e redditizio. Ti presentiamo questo strumento unico: Il nostro indicatore è dotato di una rete neurale integrata che consente di analizzare enormi quantità di dati, identificare i cambiamenti e prevedere i movimenti dei prezzi. Questa tecnologia ti consente di prendere decisioni di trading informate basate su un'analisi di mercato approfondita. L'algor
Magic Channel
Evgeny Belyaev
4.5 (2)
Magic Channel is a channel indicator for the MetaTrader 4 terminal. This indicator allows finding the most probable trend reversal points. Unlike most channel indicators, Magic Channel does not redraw. The alert system (alerts, email and push notifications) will help you to simultaneously monitor multiple trading instruments. Attach the indicator to a chart, and the alert will trigger once a signal emerges. With our alerting system, you will never miss a single position opening signal! You can t
Every experienced trader knows that the trend lines should be paid the special attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the charts… Do you want to learn how to quickly and easily automate this process? Then read on. There is a solution — smart and reliable trend line indicator, the Automatic Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to admire the re
Magic Moving
Evgeny Belyaev
5 (2)
Magic Moving is a professional indicator for the MetaTrader 4 terminal. Unlike Moving Average , Magic Moving provides better signals and is able to identified prolonged trends. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal. MT5 version can be found here You can test the program by downloading the demo version:  https://www.mql5.com/en/blogs/post/749430 Advantages of the indicator Perfect for scalping. Generates minimum false signals.
Smart Reversal Signal
Evgeny Belyaev
3 (2)
Smart Reversal Signal  is a professional indicator for the MetaTrader 4 platform; it has been developed by a group of professional traders. This indicator is designed for Forex and binary options trading. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Various notification options: alert, push, emails. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Indicator Parameters Perod - indicator calcula
EW Oscillator PRO
Evgeny Belyaev
3 (2)
EW Oscillator PRO is an indicator for MetaTrader 4 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points. EW Oscillator PRO is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time. A panel for displaying the information on the indicator signals from different timeframes is located in the top left corner (see screenshot #2). Distinctive fe
Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting. Parameters Total - number of displayed ticks. clrSpread - indicator line color.
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Click Info
Evgeny Belyaev
The Click Info is a simple utility that allows the trader to quickly receive information about the High, Low, Open, Close, Time values of the current chart. In order to receive information about a bar, it is necessary to left-click the selected candle. Depending on the settings, either a pop-up Alert or a Comment with the information appears. Information on the bar values (High, Low, Open, Close, Time) can be extremely useful in practice of trading using graphical analysis, evaluation of the Pri
Exclusive Average is a custom trend indicator based on the standard Simple Moving Average with an improved operation logic. Signals for Position Opening: Open Buy when the price crosses the indicator line upwards. Open Sell when the price crosses the indicator line downwards. Advantages Good signals. The indicator does not repaint. Sending signals to email and mobile devices. Exclusive Average indicator parameters Indicator_Period - indicator calculation period. SendPush - sending push notif
The "Volumes Alert Push Mail" is an indicator for the MetaTrader 4, which is based on the standard Volumes indicator with functions for generating alerts, sending messages to email and mobile terminals. Advantages of the "Volumes Alert Push Mail" indicator Highly customizable visualization. Receiving signals in any way possible: emails, push-notifications and alerts. Free technical support from the developer. Parameters Volume - indicator value for sending the messages. Bar - the setting
Exclusive Trendline
Evgeny Belyaev
4.33 (3)
Every experienced trader knows that the trend lines should be paid attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the chart as well... Yikes!!! Do you want to know how to easily and simply automate this process? Then read on. There is a solution - a smart and reliable indicator of trend lines - the Exclusive Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to ad
EW oscillator
Evgeny Belyaev
5 (1)
The EW oscillator is an indicator for the MetaTrader 4 based on mathematical calculations on the price chart. Distinctive features Generates minimum false signals. Excellent for identifying trend reversals. Perfect for scalping. Simple and easy indicator configuration. Suitable for working on the smaller timeframes (up to H4). Works on any financial instrument. Recommended symbols EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD, GOLD. Recommendations on usage The buy signal is formed when the level
Eldorado MT4
Evgeny Belyaev
Eldorado MT4 is a new MetaTrader 4 indicator based on a digital filter, it has been developed by a professional trader. By purchasing this indicator, you will receive: Excellent indicator signals! Free product support. Regular updates. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Simple indicator setup, minimum parameters. Signals for Position Opening: Open Buy when the channel goes up. Open Sell when the channel goes down. Recommended Usage It is recommended t
The List swap is an indicator for the MetaTrader 4 platform, which allows to display swaps for all symbols (available in the Market Watch). When using the free demo version, you need to remember that the Strategy Tester of the MetaTrader 4 does not provide the ability to obtain data on other symbols. In the Strategy Tester, the swap information will be displayed only for the symbol the indicator is attached to. The indicator can be useful for traders utilizing the "Carry trade" strategy, as well
The Volatility Pro is a professional indicator for the MetaTrader 4 platform This indicator can be used to calculate the volatility using two methods. It is also possible to apply a moving average to the volatility histogram. This indicator allows to easily identify the bars with high volatility, and it will also be useful for traders who trade the volatility breakouts. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Unique in
The Psychological levels indicator for the MetaTrader 4 terminal. Forex trading is very closely related to psychology. The psychological factors often cause spikes in demand or supply, which is bound to affect the movement of the currency quotes. In Forex, the price usually moves within a certain price corridor, the so-called psychological levels often serve as the boundaries of such corridors. Where are these levels located, and what causes their formation? The psychological Forex levels occur
Exclusive Oscillator is a new trend indicator for MetaTrader 4, which is able to assess the real overbought/oversold state of the market. It does not use any other indicators and works only with the market actions. The indicator is easy to use, even a novice trader can use it for trading. Exclusive Oscillator    for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/22300 Advantages Generates minimum false signals. Suitable for beginners and experienced traders. Simple and eas
MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configur
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RL25800
84
RL25800 2021.08.25 22:14 
 

Hard to place a review if the indicator isnt loading onto the chart.......

Evgeny Belyaev
88887
Risposta dello sviluppatore Evgeny Belyaev 2021.08.26 15:02
I checked it myself, it seems to work without problems. More information needed.
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