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Trend Correction Histogram m

Forex Indicator "Trend Correction Histogram" for MT4

  • Trend Correction Histogram can be in 2 colors: red for bearish trend and blue for bullish one
  • 7 consecutive histogram columns of the same color means beginning of new trend
  • Trend Correction Histogram indicator designed with the main purpose - to minimize losses and maximize profit
  • It has parameter - "Period", responsible for indicator's sensitivity
  • Built-in Mobile and PC alerts 
  • Trend Correction Histogram can be use as a simple but profitable trading system, See below:
HOW TO USE indicator:

1)  Check for at least 7  consecutive histogram columns of the same color, it means beginning of new trend. For example, there are more than 7 blue columns on the picture below.
2)Wait for just 1 (ONE) opposite color column, red in our case, which is changed again to blue one right after it. It means that it was trend correction.
3) Open Long trade when blue column take place, after just one red column before. It means that order was opened to the direction of main trend after correction.

4) Arrange SL (see pictures) and TP. TP should be at least 3 times bigger than SL. In this case you will be profitable even if you win only 30%.

5) Vice versa for Sell (short) trades (see pictures) 

// More great Expert Advisors and Indicators are available here: https://www.mql5.com/en/users/def1380/seller

// Also you are welcome to join to profitable, stable and reliable signal https://www.mql5.com/en/signals/1887493

It is original product which is offered only on this MQL5 website.

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4.68 (59)
Indikatoren
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4.91 (44)
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Indikatoren
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO LEVELS INDICATOR  is the best levels indicator ever created, and why is that? Using high volume zones on the market and Fibonacci the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many levels indicators around the internet are not complete, does not help, and it's difficult to trade, but the   Italo Levels Indicator is different , the Ital
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4.79 (98)
Indikatoren
Derzeit 20% Rabatt! Die beste Lösung für jeden Neueinsteiger oder Expert Händler! Dieses Dashboard arbeitet mit 28 Währungspaaren. Es basiert auf 2 unserer Hauptindikatoren (Advanced Currency Strength 28 und Advanced Currency Impulse). Es bietet einen hervorragenden Überblick über den gesamten Forex-Markt. Es zeigt die Werte der Advanced Currency Strength, die Veränderungsrate der Währungen und die Signale für 28 Devisenpaare in allen (9) Zeitrahmen. Stellen Sie sich vor, wie sich Ihr Hande
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Indikatoren
Der ADR-Umkehrindikator zeigt Ihnen auf einen Blick, wo der Preis derzeit im Verhältnis zu seiner normalen durchschnittlichen Tagesspanne gehandelt wird. Sie erhalten sofortige Benachrichtigungen per Pop-up, E-Mail oder Push, wenn der Preis seine durchschnittliche Spanne und darüber liegende Niveaus Ihrer Wahl überschreitet, sodass Sie schnell in Pullbacks und Umkehrungen einsteigen können. Der Indikator zeichnet horizontale Linien auf dem Chart an den durchschnittlichen täglichen Range-Extreme
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5 (8)
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ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
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DMITRII GRIDASOV
Indikatoren
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Version 1.7 2024.03.27
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